Ethereum has recently broken through the $2,900 level, signaling a significant uptrend in its price. While Bitcoin has been moving sideways, Ethereum has shown a strong surge of almost 4% in the last 24 hours. This price movement has brought Ethereum to the $2,900 mark for the first time since May 2022. Investors in Ethereum
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Rabby Wallet, a crypto wallet developed by Debank, has gained popularity among users due to its support for 141 chains and multiple signing modes. However, the recent launch of the beta version of its mobile app has led to unexpected consequences for unsuspecting users. On the 16th of February, reports began to surface about a
As the general elections approach in South Korea, the ruling People Power Party (PPP) has announced its plans to advocate for a further two-year delay in the implementation of cryptocurrency taxation. This strategic move was unveiled during a press conference on February 19, where party officials highlighted the importance of establishing a robust regulatory framework
Binance, one of the leading cryptocurrency exchanges, has recently made an announcement regarding the discontinuation of trading and subscription services for its leveraged token offerings. This decision will affect tokens such as Bitcoin, Ethereum, and BNB Coin, with the discontinuation set to take effect on Feb. 28. According to the statement released on Feb. 19,
As the price of Bitcoin has been steadily climbing in recent weeks, the open interest in the cryptocurrency has also been on the rise. This surge in open interest is a clear indication of the increased interest in Bitcoin, especially following the approval of Spot Bitcoin ETFs for trading by the United States Securities and
In the world of cryptocurrency, Bitcoin (BTC) has long been the dominant force. However, recent data shows that Ethereum (ETH) is gaining momentum, with a significant increase in value and market capitalization. While BTC saw a rise of around 7% in the last week, ETH experienced a surge of close to 15%, surpassing the $2,900
Yuga Labs, a prominent player in the world of Web3 innovation, has recently made waves with its acquisition of PROOF. PROOF is a platform known for its focus on art and community engagement, making it a strategic addition to Yuga Labs’ portfolio. This acquisition encompasses not only the team and intellectual property of PROOF but
In the past week, Bitcoin has shown impressive growth, surpassing the $50,000 mark for the first time since 2021. Despite some sideways movement, the cryptocurrency has held strong above $51,000. However, a respected crypto analyst has raised concerns about potential bearish pressure on Bitcoin in the near future. Ali Martinez, a prominent analyst on the
Bitcoin (BTC) has recently surpassed the $50,000 mark, a significant milestone that has not been seen since December 2021. Currently trading above $51,900, the cryptocurrency has been on a steady rise, with analysts attributing this surge to the high demand stemming from the approval of spot Bitcoin exchange-traded funds (ETFs). According to a recent report
With the anticipation of the Bitcoin ETF approval, there is a growing concern among investors regarding the potential shift towards centralized custody by major institutions such as Goldman Sachs and JP Morgan. While many in the Bitcoin community welcomed the ETF approval as a bullish sign, there is a looming threat of counterparty risk that
US prosecutors are urging a federal judge to approve the Binance plea deal, which was filed on Feb. 16. This plea deal, involving the cryptocurrency exchange Binance and its former CEO Changpeng Zhao (CZ), revolves around charges of money laundering and sanctions violations dating back to November 2023. It requires Binance to pay a staggering
With the upcoming fourth halving of Bitcoin, miners are currently operating at a high level on the blockchain. The mining difficulty metric for Bitcoin increased by over 8% recently, reaching a new all-time high. This metric is crucial for the BTC blockchain as it readjusts every 2,016 blocks, depending on the mining power. The continuous
VeChain has recently experienced a significant surge in price, with the current market price sitting at $0.048. The price increase of 74% over the past six days has been attributed to positive community sentiment and anticipation for a major update. However, with the price hovering near $0.05, there is a potential for a retracement due
Exverse, a trailblazing free-to-play Web3 game, has recently garnered an impressive $3 million in a private funding round. Unlike its predecessors in the Web3 gaming space, Exverse is dedicated to reinventing the AAA first-person-shooter genre by integrating cutting-edge Web3 technology. By addressing the shortcomings of early Web3 gaming models, Exverse strives to provide players with