The recent release of the latest US Consumer Price Index (CPI) data has had a notable impact on the cryptocurrency market, with Bitcoin and Ethereum experiencing a surge in prices. Over the past 24 hours, Bitcoin posted gains of 3.4%, while Ethereum saw an increase of 2.43%. Despite this upward trend, the market remains uncertain,
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Bitcoin has been a revolutionary force in the world of finance and technology, inspiring artists to create unique pieces that capture the essence of this digital currency. One such artist, VESA, has recently unveiled a groundbreaking artwork called BitRam, which delves into the symbolism of Bitcoin in a whole new light. Unlike traditional artworks that
Ethereum has once again faced challenges in its attempt to recover above the $3,650 resistance level. Despite an initial push to break through, ETH failed to sustain momentum and is now showing bearish signs below $3,600. The failure to establish a foothold above key resistance levels has raised concerns among traders and analysts. Looking at
The recent release of Gangster Arena 2 on Blast has brought a new level of innovation to the world of decentralized finance (DeFi) gaming. This game, integrated with Ethereum using Layer 2 solutions, combines elements of mobile idle tycoon mechanics with PVP game theory, creating a unique and engaging experience for players within the degen
The recent report released by the EU Innovation Hub for Internal Security sheds light on the significant impact of cryptocurrencies on law enforcement efforts. The report highlights how cryptocurrencies, which heavily rely on public-private key cryptography, present unique challenges and opportunities for law enforcement agencies. The use of decentralized methods like privacy coins, layer-2 networks,
The world of blockchain payments is constantly evolving, and one platform that is leading the way is B2BinPay. With the recent launch of B2BinPay v20, users can now take advantage of new features such as TRX staking and expanded blockchain support. These updates are designed to enhance user experience, flexibility, and efficiency within the platform.
As risk assets in the financial sector face vulnerability, market experts have warned that bitcoin (BTC) could also be pushed into a “slow bleed environment” due to certain economic factors. Recent concerns about United States authorities not cutting interest rates soon have left risk assets, including BTC, looking shaky. The release of stronger-than-expected jobs data
In a rapidly evolving digital landscape, where cryptocurrencies have become increasingly popular, the need for robust security measures and regulatory compliance has never been more critical. BloFin Exchange, a leading cryptocurrency trading platform, has taken a significant step towards enhancing security and compliance with its recent integration with the Chainalysis blockchain data platform. By partnering
The cryptocurrency market is currently experiencing a surge of optimism as investment funds see a historic influx of funds. CoinShares, a prominent digital asset manager, reported an unprecedented $2 billion surge into crypto funds in just one week. This amount surpassed the total net inflows for the entire month of May, showcasing a positive trend
The Sandbox, a user-generated content platform operated by Animoca Brands Corporation Limited and its subsidiary Bacasable Global Limited, has recently announced a substantial achievement. The platform has secured $20 million in funding, with a valuation cap of $1 billion. This funding marks a significant milestone for The Sandbox, positioning it as a key player in
The US spot Bitcoin ETFs, including GBTC, made a strong start to June despite hints of waning hype. In the first week alone, these ETFs collectively purchased 25,729 BTC. This was a significant increase compared to previous months. Data shows that in January, these ETFs acquired 33,456 BTC, followed by 116,561 BTC in February and
Ethereum’s price recently faced a hurdle at the $3,720 resistance level, failing to break through. This failure resulted in a fresh decline, putting ETH at risk of further losses below the $3,550 support zone. The inability to surpass the resistance could signal a bearish trend in the near future. Following the rejection at the resistance
Ethereum (ETH) has recently experienced a surge in price, nearing the $4,000 mark. This increase in price has been met with renewed market enthusiasm following the US Securities and Exchange Commission’s (SEC) approval of Ethereum ETF applications by major asset managers. CoinShares reported a total of $2 billion in inflows to digital asset investment products,
The Arbitrum Foundation, the brains behind the Ethereum Layer 2 scaling solution, has made a bold move to boost growth in the gaming sector within its ecosystem. With a commitment to distribute a substantial amount of ARB tokens over the next three years for the Gaming Catalyst Program (GCP), the foundation aims to revolutionize the