Taproot Wizards, a highly anticipated project in the world of NFTs, faced technical issues during its debut sale of “Quantum Cats” Bitcoin NFTs. This setback led to a delay in the sale and left users frustrated. However, despite the initial hiccups, Taproot Wizards holds great promise in its efforts to bring NFTs to the Bitcoin
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Bitcoin investors who endured a bearish January may find solace in the possibility of a bullish February. Crypto analyst and long-term investor, Jelle, recently highlighted an interesting historical pattern that indicates February could be a favorable month for Bitcoin. According to Jelle, if history repeats itself, February should be strong for Bitcoin. The pattern he
The world of meme coins is no stranger to explosive moves, and the latest DEX-launched Solana meme coin, SPX token, is no exception. With an astonishing price increase of +26,568%, SPX has caught the attention of many traders and investors. However, as retracement takes hold, the question arises: can SPX token find an emerging second
The NFT market has recently faced challenges due to fragmentation and complexity, hindering the efficient management of digital assets. However, Magic Eden has risen to the occasion, announcing the launch of its highly anticipated multi-chain wallet. This game-changing wallet aims to address these issues and revolutionize the NFT market. One of the major stumbling blocks
The United States Financial Industry Regulatory Authority (FINRA) recently released a report revealing concerning statistics about the retail communications concerning cryptocurrencies. The report stated that around 70% of these communications violate FINRA’s rule of misleading claims. This article analyzes the findings from the report and highlights the areas of concern. In November 2022, FINRA launched
It has been an eventful start to the year for Bitcoin, with a flurry of activities and price fluctuations. From the approval of spot Bitcoin ETFs by the SEC to a significant price decrease and selloffs from the Grayscale BTC Trust, the cryptocurrency market has experienced a whirlwind of events. However, amidst these ups and
Cryptocurrency security firm CertiK, known for its expertise in auditing blockchain networks and smart contracts, is grappling with a surge of fraudulent activities. Scammers are exploiting CertiK’s brand and targeting users, deceiving them with false certifications and impersonating company personnel. In this article, we will delve into the challenges faced by CertiK and the measures
Bitcoin, the world’s leading cryptocurrency, has recently experienced a significant surge in price, surpassing the $42,000 mark. This sudden market recovery can be attributed to a multitude of factors, including revelations about the US economy and other key events affecting the cryptocurrency market. The Impact of Economic Indicators One significant event that may have influenced
The chair of the U.S. Commodity Futures Trading Commission (CFTC), Rostin Behnam, recently delivered a speech in Naples, emphasizing the necessity for increased supervision in the cryptocurrency industry. While the approval of Bitcoin ETFs is a positive development, Behnam believes that it does not imply comprehensive regulation. In his address, he highlighted the challenges and
In recent news, it has come to light that Ethereum (ETH) is on the verge of experiencing a staggering sell-off worth $1 billion. This momentous transaction, initiated by Celsius, a crypto lender grappling with bankruptcy, has sent shockwaves across the cryptocurrency community. According to on-chain analyst Lookonchain, Celsius embarked on a transfer of 459,561 ETH,
In a landmark case, Mark Scott, a former partner at the prominent U.S. law firm Locke Lord, has been sentenced to 10 years in prison for his role in a fraudulent cryptocurrency scheme. The scheme, which involved the OneCoin cryptocurrency, was valued at a staggering $400 million. Manhattan federal prosecutors announced the sentencing on Thursday,
In recent times, the rise of green cryptocurrency projects has become an intriguing phenomenon. One such project, eTuktuk, has been generating notable traction in its presale, raising over $550,000 to date. This startup aims to revolutionize urban transportation sustainability in developing countries by transitioning polluting auto rickshaws into electric vehicles. Additionally, eTuktuk incorporates blockchain technology
The US government has recently made an announcement that has sent shockwaves throughout the crypto community. The Department of Justice (DOJ) revealed its plans to offload a significant portion of its Bitcoin (BTC) holdings, which has raised concerns among investors and enthusiasts alike. This move comes at a time when the crypto market is already
In the world of cryptocurrencies, Cardano (ADA) stands out from the crowd due to its distinctive approach. This approach, as highlighted by the crypto-based YouTube channel Cheeky Crypto, separates Cardano from its competitors. The host of the channel emphasizes the importance of “academic rigor” and “research-driven development” in Cardano’s blockchain platform. Unlike many other blockchain