The cryptocurrency markets are experiencing a downward trend today, with Bitcoin falling towards $60K and most altcoins witnessing slow declines. The total market capitalization has dropped to $2.37 trillion, reflecting a bearish sentiment across the board. Bitcoin’s price has decreased by 1.3% in the last 24 hours, pushing its weekly losses to around 6%. The
admin
Opeyemi is a dedicated writer with a passion for the dynamic and innovative world of cryptocurrency. Despite not initially choosing the digital asset industry, Opeyemi has found himself deeply engrossed in this space for over two years. His commitment to unraveling the complexities of blockchain technology and sharing insights on cryptocurrency trends sets him apart
Earth Attack is not just another NFT project; it is a gateway to a world where sci-fi enthusiasts and those intrigued by extraterrestrial phenomena can come together. The project prides itself on the creation of an immersive environment where entertainment, community, and exploration intersect. What sets Earth Attack apart is its dedication to inclusivity and
Semilore Faleti, a cryptocurrency writer, has established himself as an expert in the field of journalism and content creation. His journey into the world of blockchain and cryptocurrency began with a passion for exploring the complexities and intricacies of digital assets. Semilore’s early years as a content writer focused on creating educational articles to cater
Samuel Edyme, also known by his nickname HIM-buktu, is a multifaceted individual with a diverse range of skills and interests. As a web3 content writer, journalist, and aspiring trader, Edyme has made a name for himself in the crypto space. His journey into the world of cryptocurrencies was not conventional, starting with a scam that
The recent decision by the US Supreme Court to overturn the Chevron doctrine has sparked a debate on its potential impact on crypto regulation, particularly with regards to the Securities and Exchange Commission (SEC). Economist Timothy Peterson believes that this ruling will limit the SEC’s interpretive power against Bitcoin and could lead to fairer regulations
The T-Rex Group, a financial services company, recently filed for a 2x leveraged MicroStrategy (MSTR) exchange-traded fund (ETF) in the United States. This ETF is being touted as potentially the most volatile ETF in the country. If approved, the fund, named ‘T-Rex 2X Long MSTR Daily Target ETF,’ aims to amplify the daily performance of
The prediction of no sharp correction following potential interest rate cuts by the U.S. central bank in September or November has sparked a debate among analysts. According to a recent post by the analyst ‘RamenPanda’, the Fed is likely to cut rates to stimulate the economy. This approach, which was also observed during the 2008
This Friday, a significant number of Bitcoin options contracts, totaling around 107,000, are set to expire with a notional value of $6.6 billion. This end-of-month expiry event is larger than usual end-of-week expiries, potentially leading to market volatility. The put/call ratio for today’s BTC derivatives is 0.5, indicating that twice as many long (call) contracts
Jesse Powell, the founder of Kraken, recently made headlines by donating $1 million, predominantly in Ethereum, in support of former US President Donald Trump’s re-election bid. While Powell claimed that his donation was intended to help the US maintain its leadership in blockchain technology, some may question the true motives behind his actions. Powell’s decision
The collectibles space is witnessing a new entrant with the introduction of “Solo Leveling: Unlimited”, an NFT platform inspired by the popular South Korean web novel and webtoon, Solo Leveling. This innovative platform, developed by Singapore-based Web3 company OtherWorld, leverages the power of blockchain technology on the Avalanche blockchain to create a unique entertainment experience
Recently, Binance made an announcement regarding the implementation of stricter measures to combat account misuse on the platform. The company detected instances where certain account features were being exploited to gain unfair advantages, such as better fee rates and higher API limits over other users. As a result, Binance has vowed to take action against
Bitcoin made headlines yesterday when its price surged to over $62,000, only to retreat back below that level shortly after. This volatility in Bitcoin’s price has been a common theme in recent weeks, with the cryptocurrency experiencing wild swings in both directions. The week started off on a high note for Bitcoin, as it reached
The launch of the first spot Ethereum ETFs in the United States is eagerly awaited, with experts predicting a substantial price appreciation for the second-largest cryptocurrency in the market. The US Securities and Exchange Commission (SEC) is expected to approve Ethereum ETFs by July 4, as discussions between asset managers and regulators reach the final