The recent relief pumps experienced by Cardano (ADA) and XRP in the crypto market have caught the attention of market traders. Despite this, there is skepticism surrounding whether these moves signify a bullish reversal. According to on-chain analytics platform Santiment, the heavy shorting of Cardano and XRP by traders could actually act as “rocket fuel”
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In the last 24 hours, major cryptocurrencies like Bitcoin, Ethereum, and Ripple have experienced minor gains, signaling a positive trend in the market. These leading digital assets are bouncing back from recent losses, offering hope to investors and traders alike. Additionally, AI-related coins such as Fetch.ai have seen impressive double-digit pumps, showcasing a potentially lucrative
Ethereum, the second-largest cryptocurrency by market capitalization, finds itself at a crucial point as its price consolidates. This period of consolidation has brought about uncertainty among traders and investors, as the price hovers around key support and resistance levels. Technical indicators and market signals are being closely observed to predict Ethereum’s next move. The current
Binance, the world’s largest cryptocurrency exchange, has been facing escalating regulatory challenges in various jurisdictions, including India. Recently, the country’s Financial Intelligence Unit (FIU) imposed a hefty fine of 188.2 million Indian Rupees on Binance for non-compliance with Anti-Money Laundering (AML) regulations. This fine amounts to approximately $2.2 million and was a result of Binance’s
In recent news, NVIDIA has emerged as the new king of Wall Street, surpassing Microsoft for the title of the largest market capitalization in the world. This surge in NVIDIA’s stock price, with an increase of around 3.5% in the past 24 hours alone, has certainly caught the attention of investors. The company started the
Kraken’s chief security officer, Nick Percoco, recently revealed that an undisclosed white-hat hacker group stole approximately $3 million in digital assets from the platform’s treasury by exploiting a bug in the system. The security researchers have refused to return the stolen funds, demanding that Kraken provide an estimated amount of money it could have lost
When it comes to traveling with cryptocurrency, one of the most crucial aspects is to ensure the security of your digital wallet. This can be achieved by implementing time-tested strategies that are designed to protect your assets from potential threats and hacks. Accessing your crypto accounts while on the go requires you to prioritize secure
The introduction of AppNest by APhone has sparked a revolution in the traditional mobile app market. By offering a decentralized app store that supports both blockchain-based decentralized applications and conventional Web2 apps, APhone is aiming to disrupt the dominance of platforms like Apple and Google. One of the key features of AppNest is its developer-focused
The blockchain gaming industry is on the verge of a significant transformation with the upcoming integration of zero-knowledge Ethereum Virtual Machines (zkEVM) on Ronin, the Ethereum sidechain network utilized by Axie Infinity. This integration, made possible through the Polygon Chain Development Kit (CDK), is set to revolutionize the scalability and efficiency of the Ronin network,
The recent discovery of a critical vulnerability in the crypto exchange Kraken’s deposit system by blockchain security firm CertiK has brought to light some serious security concerns. The allegations of extortion made by Kraken against CertiK have sparked a public feud between the two parties. While CertiK has denied these allegations, the events that unfolded
Recently, it was revealed that Montenegrin Prime Minister Milojko Spajić was an early investor in Terraform Labs. In April 2018, Spajić invested $75,000 in the company, acquiring 750,000 Luna tokens. This investment came during Terraform Labs’ initial fundraising phase, where Spajić was identified as the 16th investor. Unfortunately, Terraform Labs’ cryptocurrency project failed in 2022,
In a recent social media post, renowned crypto analyst and trader Tyler Durden expressed his strong positive sentiment towards Ethereum (ETH). Durden confidently stated that the rise of ETH to $10,000 was not only imminent but also the most promising investment opportunity in the current crypto market. His bold prediction caught the attention of many
XRP, the seventh-largest cryptocurrency by market cap, has experienced a recent uptrend in its price after surpassing $0.50. Despite a mild decline in the past 12 hours, XRP managed to erase its weekly losses, standing out as the only top cryptocurrency in the green during this period. Traders have been closely monitoring the ongoing legal
A federal high court in Nigeria recently made a decision to dismiss a human rights lawsuit filed by Binance executive Nadeem Anjarwalla against the country’s National Security Adviser and the Economic and Financial Crimes Commission. The case was thrown out due to Anjarwalla’s lack of legal representation, which came after he fled Nigerian authority’s custody