The cryptocurrency market is experiencing mixed results on the latest trading day. While Bitcoin and Ether are facing profit-taking due to high US PPI inflation figures, other altcoins like Solana and Dogecoin are seeing positive momentum. The market is currently in a phase where investors are evaluating their options to determine the best cryptocurrencies to
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Crypto.com, a leading cryptocurrency trading platform, has recently been hit with a hefty fine of €2.85 million ($3.1 million) by the Netherlands Central Bank for operating within the country without proper registration for a significant period of time. The Dutch regulations mandate that crypto firms must register with the De Nederlandsche Bank (DNB) under the
MicroStrategy, the American business intelligence and software development company, has recently announced its plans to acquire an additional Bitcoin by raising $500 million in convertible debt offerings. This move comes after the company sold approximately $800 million in convertible debt offerings just a few days ago, using the proceeds to purchase around 12,000 BTC. As
Binance, a leading cryptocurrency exchange, recently made a statement indicating that Nigeria is not one of its top markets. This revelation comes amidst a dispute with local authorities in the African country. Despite admitting that Nigeria has “extraordinary potential,” Binance has clarified that it is not a key market for the exchange. This is surprising
Bitcoin, the leading cryptocurrency, saw its price reach a new all-time high just below $74,000 in the most recent trading session. This milestone came after a brief dip below $72,000 the day before. The surge in price was fueled by a strong end to the previous week, during which Bitcoin surpassed $70,000 for the first
MakerDAO, a prominent DeFi lending protocol, has recently announced the upcoming launch of its highly anticipated ‘Endgame’. The first phase of this project is slated for a summer 2024 release. Phase 1 will mark the introduction of key features that are expected to drive growth within the ecosystem. One of the primary objectives of this
Arbitrum, a prominent layer-2 blockchain network, has recently introduced the Gaming Catalyst Program (GCP) with the objective of revolutionizing the development of Web3 games. The GCP, requesting an allocation of 200 million ARB tokens valued at $426 million, aims to provide extensive support to game developers on the Arbitrum network. This initiative is particularly significant
The recent completion of the Dencun software upgrade by Ethereum (ETH) marks a significant milestone in the network’s evolution. This update, aimed at enhancing Layer 2 (L2) networks like Arbitrum, Polygon, and Coinbase’s Base, has drastically reduced transaction costs. Fees that once amounted to dollars have now plummeted to mere cents or fractions of a
In a groundbreaking collaboration involving PIXELYNX, Animoca Brands, and Banijay Brands, a new NFT collection has been unveiled. The collection draws inspiration from the “Nosedive” episode of the renowned TV series Black Mirror. Named “Black Mirror Experience: Smile Club,” this collection was officially announced on March 12 and has already generated immense interest, with all
Recently, QCP Capital, a well-established crypto asset trading firm, has brought attention to an emerging trend that could potentially impact Ethereum’s price trajectory. The firm’s analysis indicates a shift in “risk reversals” for Ethereum, with upcoming expiries turning negative. This shift suggests a growing apprehension among investors regarding a potential decrease in ETH’s price, as
The CEO of Jan3 and Bitcoiner, Samson Mow, has made a bold prediction that Bitcoin could potentially reach $1 million in the near future. This ambitious price target has raised eyebrows among many investors and experts in the cryptocurrency space. But Mow is standing by his prediction, confident in his reasoning behind it. Mow explained
NEAR Protocol has experienced a significant rally, with traders predicting a target of $8. However, after reaching a high of $8.54, the price is now in a minor retracement phase, currently trading at $7.85 with a 24-hour change of -2.8%. The price action has shown a launch of +70% out of consolidation at lower support,
The crypto market is currently experiencing meme coin mania, with new tokens like LAMBO gaining significant traction. LAMBO token, a Solana-based meme coin, has witnessed an impressive surge of +69,420% in its price. The token has garnered attention from the crypto community with its innovative approach and explosive price action. Despite facing a retracement after
Ethereum, the second-largest cryptocurrency, is currently experiencing a surge in bullish momentum as it aims to establish itself above the $4,000 price level. Analysts, including Ali Martinez, are optimistic about Ethereum’s potential to reach $5,000 in the near future. This article will delve into the factors driving this bullish momentum and the key resistance levels