Author: AltCoinDrops.com
A return to all-time highs would put Shiba Inu near $0.000088 — a price level the token has not touched since 2021. That target is back in focus after an analyst flagged that SHIB is trading inside the same accumulation zone that previously sent the meme coin surging by four digits. Analyst Pins Target At $0.000087 Crypto Patel, a market analyst, published a chart showing SHIB sitting inside what he calls “Support Zone (Accumulation Zone 1).” According to the analyst, buyers flooded this same zone twice before — once in 2021, which produced a 1,660% rally, and again in 2024,…
TLDR: April 2026 recorded $606M in losses across 12 exploits, surpassing total Q1 losses by 3.7x. Social engineering led the largest breach, with Drift Protocol losing $285M in a 12-minute attack. Kelp DAO hack drained $293M via a bridge flaw, marking 2026’s largest DeFi exploit so far. Cross-chain risks surged as Aave absorbed $177M in bad debt tied to compromised rsETH collateral. Crypto exploits totaling $606 million hit the market across 12 incidents in just 20 days during April 2026. This makes it the worst month since the $1.4 billion Bybit breach in February 2025. The attacks spanned social engineering,…
TLDR New York Attorney General Letitia James has sued Coinbase and Gemini over alleged illegal gambling on their prediction market platforms. The state seeks at least $2.2 billion from Coinbase and $1.2 billion from Gemini in penalties and forfeited profits. James claims the platforms allowed users aged 18 to 21 to place sports-related bets, which violates New York law. Coinbase argues that prediction markets fall under federal oversight by the Commodity Futures Trading Commission. The legal dispute adds to ongoing court battles between the CFTC and several U.S. states over event-based trading platforms. New York Attorney General Letitia James has…
Bitcoin [BTC] faced another wave of selling during the New York session on Tuesday, 20 January. In just five hours of trading, BTC shed 1.81% of its value, falling below the psychological $90k support once again. According to CoinGlass, the last 24 hours of trading have seen $1.09 billion worth of positions liquidated, with Bitcoin traders contributing to $453 million in liquidations. The vast majority were long positions, fueling the intense short-term selling pressure. Source: Darkfost on X In a post on X, crypto analyst Darkfost showed that the apparent demand has improved over the past 30 days. This metric…
Crypto asset investment products recorded $1.1 billion in inflows last week, marking the strongest weekly total since early January, according to a new report from CoinShares.- Key Points Crypto funds saw $1.1B inflows, the strongest since Jan, led by Bitcoin recovery momentum. Bitcoin led inflows with $871M as institutional demand strengthens YTD momentum. Ethereum rebounded with $196M inflows while XRP saw steady demand and trading volumes stayed below average. U.S. dominated inflows at $1.06B, while Germany, Switzerland, and Canada saw smaller gains amid uneven risk appetite. Strong Weekly Inflow The surge marks a revival of risk appetite among investors. The…
Playdate is pursuing a different trajectory as the gaming industry leans into AI. As dominant platforms continue to greenlight AI-generated content, Panic, the company behind the Playdate handheld, has added rules that separate AI used for productivity from AI used to create art, music, or writing. It makes Playdate one of the first gaming storefronts to proactively curate “human-made” creative work while still allowing developers to use AI coding tools. This wide-open divide in nature has the platform in stark contrast with other major competitors that have not generally followed strict AI policies. Why is Playdate prohibiting AI-created art in…
Less than three weeks after North Korea-linked hackers used social engineering to hit crypto trading firm Drift, hackers tied to the nation appear to have pulled off another major exploit with Kelp.The attack on Kelp, a restaking protocol tied into LayerZero’s cross-chain infrastructure, suggests an evolution in how North Korea-linked hackers operate, not just looking for bugs or stolen credentials, but exploiting the basic assumptions built into decentralized systems.Taken together, the two incidents point to something more organized than a string of one-off hacks, as North Korea continues to escalate its efforts to hijack funds from the crypto sector.“This is…
The blockchain boom has accelerated, driving a sharp rise in active networks. DefiLlama now tracks more than 500 chains, highlighting the scale of this growth. While many new chains have launched, only a select few have achieved lasting success. Alchemy lists 64 such chains, each holding a significant market capitalization. Among these chains, some have recorded substantial growth and dominate the market. On the other hand, others have experienced a near collapse in demand, with fewer users despite commanding a large market capitalization. Chains with high market cap but low active users Despite the blockchain boom, some chains have failed…
Bitcoin price is at $76,466 on April 20, pressing the upper boundary of a 4H ascending channel from the February lows while the MACD simultaneously prints a bearish crossover on the same timeframe, creating a directional tension that will define the nearterm trajectory heading into the FOMC meeting on April 28. Summary Bitcoin price is at $76,466 on April 20, up 0.99% on the 4H session, pressing the upper trendline of a 4H ascending channel that has been intact since the February lows near $59,000. The 4H MACD (12,26,9) has printed a bearish crossover with the histogram at -51.11, the…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure While the cryptocurrency sector expands and evolves, Ethereum continues to see a growing wave of institutional interest, underscoring its role beyond just a digital asset. Amid this heightened institutional interest, a new narrative regarding Ethereum is now being pushed across the sector by a prominent crypto figure, capturing the attention of market players and investors alike. Another Key Asset For Institutions Is Ethereum Vivek Raman, the Chief Executive Officer (CEO) of Etherealize, has placed Ethereum on the same level as Bitcoin, the largest crypto asset, on the…