Over the past seven days, the cryptocurrency market has seen significant growth, with the total capitalization reaching $2.55 trillion, an increase of over $150 billion. While Bitcoin was not the top performer, it still made waves with an impressive surge of 11% during this period. Since July 14th, Bitcoin has been on a mostly upward
admin
Semilore Faleti is a prominent figure in the cryptocurrency writing industry, with a specialization in journalism and content creation. His journey in the field began with writing on various subjects, but he soon discovered his passion for delving into the complexities of blockchain and cryptocurrency. Semilore’s expertise lies in the efficient storage and transfer of
Semilore Faleti is a renowned cryptocurrency writer with a specialization in journalism and content creation. His journey in the world of writing began with exploring various subjects, but it was the complexities of blockchains and cryptocurrency that truly captivated him. His fascination lies in the efficiency of digital assets for storing and transferring value, leading
The recent surge in the price of Bitcoin has caught the attention of many investors and analysts. Despite the fear, uncertainty, and doubt surrounding Mt. Gox’s customer repayment, Bitcoin has been trading between the $61,000 and $67,000 zone in the past week. This positive momentum has led experts at QCP Capital to suggest that Bitcoin
In a recent development in Hong Kong, three individuals were arrested by the police on suspicion of defrauding a businessman out of HK$3.11 million in crypto assets. The fraudulent scheme involved offering the victim three bundles of counterfeit HK$1,000 banknotes. During a raid on the Mong Kok office where the transaction took place, the officers
State Street Corp., a well-established financial institution based in Boston, has been making significant strides in the world of blockchain technology. One of their initiatives includes exploring the launch of their stablecoin and tokenized deposits to enhance payment settlement processes. This move is in line with their efforts to integrate into the crypto space and
Kraken Institutional, the specialized division catering to institutional investors of US-based crypto exchange Kraken, has announced the international expansion of its custody services into the UK and Australia. This move marks its first venture following its initial launch earlier this year. According to the official press release, institutional clients in the UK and Australia can
In a recent analysis, renowned crypto analyst Scott Melker, also known as “The Wolf Of All Streets,” has expressed a strong bullish outlook for Bitcoin (BTC). Melker, with a substantial following of 958,300 on X (formerly Twitter), believes that Bitcoin is poised to reach a fresh all-time high of $100,000. Despite the current price of
In the past week, the price of bitcoin (BTC) has shown signs of a significant rally, indicating that the crypto asset may have hit a bottom. After a period of losses, bitcoin has managed to climb back up to $67,000, although it is currently trading at around $64,000. This recovery comes as on-chain metrics point
The Chicago Board Options Exchange (CBOE) has officially announced the commencement of trading for five Spot Ethereum ETFs in the crypto market. The notification released on July 19 revealed that the trading of these ETFs will begin on July 23, 2024, pending regulatory effectiveness. This launch date comes after previous speculations from analysts like Eric
Semilore Faleti is a notable figure in the world of cryptocurrency journalism, with a specialization in journalism and content creation. His journey began with writing on various topics, but he soon discovered a passion for delving into the complexities of blockchains and cryptocurrency. Semilore is particularly fascinated by the efficiency of digital assets in terms
In the realm of cryptocurrency, dog-themed meme coins have emerged as a significant trend in 2024. These coins, such as Dogecoin (DOGE) and Shiba Inu (SHIB), have experienced exponential growth, capturing the attention of both seasoned traders and newcomers to the market. The rise of these meme coins can be attributed to their strong communities
In recent months, trading volume on centralized exchanges has seen a significant decline, with June marking the third consecutive month of diminishing activity since March. According to a report by CCData, the combined spot and derivatives trading volume across these platforms amounted to $4.2 trillion, down from a peak of $9 trillion recorded in March.
Cardano, despite the recent overall market recovery in the cryptocurrency space, appears to be struggling with profitability for its holders. Data from IntoTheBlock reveals that Cardano is currently the worst performer among the top 10 largest cryptocurrencies by market cap, leaving many holders disappointed and questioning their long-term beliefs in the project. Ever since the
