Bitcoin’s price movements have been underwhelming as the asset faced resistance at $66,400 and was driven down towards $64,000 for the third time in a week. The altcoins have also turned red, with significant declines, especially in the meme coin niche. Despite briefly touching $70,000 last week, Bitcoin failed to sustain its upward momentum and
Crypto
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
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
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,
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
In a shocking turn of events, ex-convict Martin Shkreli, infamous for his involvement in financial-related frauds, recently made headlines by claiming to be one of the creators of the new Donald Trump-themed token DJT. This revelation came amidst mounting questions regarding the legitimacy of the token and allegations of insider trading within the crypto community.
David Hirsh, Chief of the Crypto Asset and Cyber Unit at the SEC, recently announced his resignation from the agency after spending nine years in the Division of Enforcement. In a post on LinkedIn, he expressed his gratitude towards his colleagues, mentors, and friends for their support throughout his tenure. Hirsh emphasized the collaborative nature
Ripple’s XRP has shown resilience in the face of negative market conditions, with its price recently increasing by 1% in the past 24 hours and by 3% over the course of the week. This growth surpasses Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB) which all experienced a decrease of around 3% during the same
The cryptocurrency market experienced a tumultuous Monday, marked by extreme volatility that saw Bitcoin plummet to a new monthly low of $64,000. Altcoins also faced significant fluctuations, with many suffering massive declines. This sudden downturn resulted in over 190,000 traders being liquidated within a single day. Market Behavior and Price Movements Over the weekend, Bitcoin
Shibarium, the layer-2 scaling solution for Shiba Inu, has experienced a surge in interest recently, with the number of new accounts on the network skyrocketing by over 860%. This increase could signal growing interest in the protocol and a more active community. However, not all metrics are heading in a positive direction. Daily transactions on
Liquid staking and the concept of liquid restaking have been gaining significant traction in the cryptocurrency space over the past year. Lista DAO is at the forefront of this movement, introducing an open-source liquidity protocol that allows users to earn yield on collateralized cryptocurrencies like BNB, ETH, certain stablecoins, and other assets. Additionally, Lista DAO
The recent Consensus conference held in Austin brought together industry leaders to discuss the future of blockchain technology, regulation, and the growing field of artificial intelligence (AI). Among the key predictions made at the event was the projection that the combined forces of the cryptocurrency industry and AI could inject a staggering $20 trillion into
The recent report by Coinbase sheds light on the worrisome trend of declining crypto talent in the United States. The largest US exchange pointed out the urgent need for regulatory clarity in the crypto industry to retain talent within the country. According to the report, there has been a significant decrease in the number of