On December 5, Bitcoin achieved an astonishing price point of $103,630, marking the highest price ever recorded according to data from Tradingview on Binance. This meteoric rise of more than 7% in just 12 hours followed a brief consolidation phase, where Bitcoin had dipped as low as $95,000 earlier in the day. Such significant gains
Crypto
In December 2023, an incident involving Ethereum developer Eric Connor highlighted the complications that arise within centralized cryptocurrency exchanges. After attempting to send $25,000 USDC, Connor found his Coinbase account locked without prior warning. This event raises critical questions about the reliability and operational integrity of centralized platforms in a decentralized financial ecosystem. Despite the
RTFKT, a company that once stood at the cutting edge of the intersection between fashion, gaming, and blockchain technology, has announced its impending closure, with operations set to cease by January 2025. This decision, revealed in a post on social media platform X, marks the end of an era for a brand that made significant
In the cryptocurrency world, Bitcoin continues to capture both trader and investor attention, yet there remains a common misconception surrounding its long-term holders, often referred to as HODLers. According to on-chain analyst James Check, contrary to popular belief, these investors do engage in selling their holdings. This selling activity, rather than the unwavering accumulation of
Bitcoin (BTC) is facing a crucial moment in its price action, fluctuating between $94,000 and $96,000 as it navigates through a complex market landscape. Recent data from blockchain analytics platform CryptoQuant has illuminated signs that hint at an imminent breakout, suggesting that significant changes could occur in the market over the next month or two.
In a striking turn of events, Bitcoin has witnessed an outflow of $457 million over the past week. This marks the first notable withdrawal since early September and suggests a palpable shift in investor sentiment. Analysts from CoinShares attribute this development to profit-taking behavior, especially following Bitcoin’s recent flirtation with the psychological benchmark of $100,000.
In recent times, the Ripple XRP Ledger (XRPL) has caught the attention of cryptocurrency aficionados thanks to a noticeable uptick in the value of various meme tokens. The excitement surrounding these tokens such as ARMY, 589, XPILL, PHNIX, and RIPPIE reveals not only the potential for profit but also a burgeoning community rallying around them.
The world of cryptocurrency has always been fraught with risks, with exchanges facing substantial challenges in maintaining security while delivering a user-friendly experience. The recent announcement regarding the impending closure of Japanese cryptocurrency exchange DMM Bitcoin by March 2025 highlights the severe repercussions that can arise from security breaches and mismanagement. This article delves into
XRP, the cryptocurrency associated with Ripple, has captured the attention of traders and investors alike, showcasing remarkable growth over the past week. With an astonishing increase of over 100%, the digital asset breached the significant resistance level of $2 and ascended to $2.5, marking its highest valuation in nearly seven years. This impressive rally indicates
The ambition to revolutionize global finance through digital currency is a tale filled with promise and potential, yet fraught with challenges. One such initiative, Libra, later rebranded as Diem, emerged from Facebook’s vision in 2019 to establish a payment-centric blockchain that could address some of the world’s most pressing financial issues. However, this initiative faced
Decentralized finance (DeFi) platforms have revolutionized the cryptocurrency landscape by offering users greater control and flexibility over their digital assets. However, with innovation comes significant vulnerabilities, as illustrated by the recent security incident involving the decentralized exchange (DEX) Clipper. This incident underscores the continuing challenges that platforms face in maintaining robust security measures in a
In a dramatic turnaround, XRP has ascended to become the third-largest cryptocurrency by market capitalization, eclipsing both Tether (USDT) and Solana (SOL). According to current statistics from CoinMarketCap, XRP’s value has skyrocketed to beyond $1.35 trillion, placing it firmly behind only Bitcoin (BTC) and Ethereum (ETH). This uptick has been nothing short of explosive; within
Pump.fun, once a beacon of success in the tumultuous world of cryptocurrency, has experienced a striking decline after a series of unsettling incidents linked to its controversial livestream feature. This Solana-based meme coin launchpad had been riding high on the influx of capital and activity, with an impressive revenue generation of $33.83 million recorded from
Since its mainnet debut on August 9, 2023, Base, the Ethereum Layer 2 solution incubated by Coinbase, has carved a significant niche in the blockchain ecosystem. The analytics provided by Delphi Digital reveal that Base has not only captured the attention of investors but has also demonstrated remarkable growth metrics that showcase its potential to
