Month: May 2025

Kraken Catches North Korean Hacker Posing As ‘Steven Smith’ Applying for Job at Crypto Exchange: Report

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One of the world’s top crypto exchange platforms has reportedly caught a North Korean hacker with a fake identity to apply for a job at the firm. In a report by CBS News, Nick Percoco – the chief security officer at Kraken – says that an individual from North Korea posing as “Steven Smith” attempted to get an IT job at the crypto exchange as a means of stealing money and information. The person, who is on a “Do Not Hire” list, is suspected of working for North Korea’s Kim…

What will Bitcoin price be if gold hits $5K?

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Key takeaways: Bitcoin has historically outperformed gold, more recently by sixfold. Gold’s climb toward $5,000 could set the stage for significant Bitcoin gains. Weakening US dollar and rising global liquidity remain key drivers for both assets. Gold’s march toward $5,000 per ounce and beyond has become a big topic among hard-asset bulls, including Yardeni Research’s head Ed Yardeni and billionaire investor John Paulson. But what could happen to the price of Bitcoin (BTC), touted as “digital gold” by many, if the precious metal surges even higher? BTC price jumped 6x…

Top Indicator Flashes A Buy Signal

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Avalanche (AVAX) is now testing a critical support zone at the $20 level after a strong 55% surge from local lows registered in early April. This level could determine…

XRP, Solana Lead as Crypto Inflows Exceed $2B

Key Notes Digital asset inflows hit $2 billion last week, marking a third week of gains. The largest cryptocurrency, Bitcoin, led with $1.84 billion, pushing its YTD inflows to $5.58 billion. Alcoins like XRP and Solana saw renewed interest, recording $10.5 million and $6 million in inflows, respectively. Global investment in digital asset products managed by leading firms saw a strong recovery last week, with inflows surpassing $2 billion. This will mark the third consecutive week of positive momentum. Per current market data, Bitcoin, the largest cryptocurrency, remained the key…

Litecoin Surges 5% on Hopes of ETF Approval

Key Notes Litecoin jumped past $88 amid speculation over a potential spot ETF approval. The SEC is expected to decide today on the Canary Capital ETF with a projected high approval rate. Daily trading volume rose over 56%, indicating rising investor interest. Decentralized peer-to-peer digital asset Litecoin (LTC) is in the spotlight following a notable price increase. This increase comes amid renewed discussions about the US SEC’s potential approval of its associated spot exchange-traded fund. Per the update, on May 5, Litecoin saw a 5% rise, reaching $88.65. Expectations on…

Crypto market manipulation schemes are becoming increasingly coordinated

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Opinion by: Tracy Jin, Chief Operating Officer, MEXC Market manipulation is everywhere and yet nowhere to be seen. It is an invisible threat affecting crypto and traditional markets, leaving ordinary traders counting the costs. Sometimes, manipulation is obvious — illiquid tokens being pumped high before being dumped just as fast — but often, it’s subtler and more challenging to detect. What’s more concerning is that these schemes are no longer the domain of rogue whales or amateur pump groups. Signs increasingly point to highly organized, well-funded networks coordinating activities across…

ETH/BTC Set for Volatility Ahead of Ethereum Pectra Upgrade

Key Notes ETH-BTC Bollinger Bands are at their tightest since June 2020, indicating potential volatility. Ethereum’s Pectra upgrade on May 7 will raise validator limits and boost data capacity. Layer-2s, DeFi, NFTs, and blockchain games are expected to benefit from the upgrade. As the Ethereum Pectra upgrade nears, crypto traders are keeping a close watch on the ETH-BTC pair, looking to ride the upcoming volatility in the making. As per the Bollinger Band patterns, the trading pair could experience significant volatility moving ahead. Bollinger Bands are technical indicators that consist…

Solana Blockchain Critical Security Issue Could Be Solved by Solaxy Presale, Now at the $33M Mark

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure After critical issues with the Solana blockchain let an unknown hacker exploit a zero-day vulnerability and mint and withdraw tokens from other users’ accounts, the Solaxy presale’s layer 2 solution makes more sense than ever. Solana devs identified the vulnerability on April 16, 2025, and explained it as a bug: According to the analysts, it took significant expertise to exploit the bug, which means the attackers possessed serious know-how and skills. Could Solana’s Problem Plague Other Blockchains?…

BNB Bulls Target $644 As Classic Chart Formation Emerges

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Binance Coin (BNB) is gaining fresh interest as investors closely watch a potential breakout. The token is facing resistance around $593, with daily trade volume at $1.24 billion. Its market cap is $83 billion. The current trend is being attributed to sustained buying interest and continuous technical cues. Traders Identify Triangle Pattern On BNB Chart Technical analysts are keenly watching a triangle price pattern forming on the chart of BNB against USDT’s 1-day chart. As analyst Andrew Griffiths explains, this formation is recognized for contracting price action, whereby the highs…