Canada’s own Drake, a popular musician and actor, has earned a reputation for making significant bets on various sports events. Recently, he placed a bet of $300,000 worth of Bitcoin on Canada defeating Argentina in the Copa America semi-final. However, despite the odds stacked against them, Argentina emerged victorious with a 2-0 win, causing Drake
Crypto
The Ethereum 2.0 staking landscape has witnessed a remarkable surge in recent times, marking a major milestone with the deposit contract for staking Ethereum on the Beacon Chain soaring to an impressive 47.36 million ETH. This achievement represents a substantial 33.9% of the entire Ethereum supply, highlighting the increasing popularity of staking among cryptocurrency enthusiasts.
Over the past 30 days, Bitcoin has experienced a significant price dip of around 15%, with the most notable correction occurring at the end of last week when BTC dropped below $54,000 for the first time since February. However, in the days following, the cryptocurrency has managed to recover some of its losses and is
In recent developments in the cryptocurrency market, Ethereum (ETH) has emerged as the top trending token, capturing the attention of investors and analysts alike. The surge in interest can be attributed to the updated S-1 forms filed for spot ETH ETFs by major financial firms such as BlackRock, Fidelity, VanEck, 21Shares, Grayscale, and Franklin Templeton.
The recent plea deal by Paxful’s co-founder and former CTO, Artur Schaback, highlights a serious failure in the company’s implementation of an Anti-Money Laundering (AML) program. According to the US Department of Justice (DOJ), Schaback deliberately neglected to establish, develop, and maintain a compliant AML program as required by the Bank Secrecy Act. This failure
The implementation of Europe’s Markets in Crypto-Assets Regulation (MiCA) on June 30 has caused a significant shift in the stablecoin market. With the demand for compliant stablecoins on the rise, Circle’s USDC has emerged as a primary beneficiary of this trend. According to a report by French blockchain analytics firm Kaiko, non-compliant stablecoins currently make
Bitcoin has been experiencing a downturn in recent days, with prices dropping to the lowest level since February 26. Despite the high volatility, Bitfinex analysts have identified on-chain signs that suggest the leading cryptocurrency may be nearing a potential local bottom. This analysis provides insight into the recent market movements and the outlook for Bitcoin’s
Following a tumultuous week for the crypto market, Chainlink (LINK) experienced a surge of over 4%, defying bearish pressure. A key factor driving this uptrend is the increased accumulation of LINK by whales. Data from crypto analyst Ali Martinez reveals that whales have acquired over 6.2 million LINK in the past week, amounting to approximately
Binance, one of the largest cryptocurrency exchanges, regularly updates its services to enhance user experience. The recent announcement of delisting BarnBridge (BOND), Dock (DOCK), Mdex (MDX), and Polkastarter (POLS) is a strategic move to improve the quality of assets available for trading on the platform. Delisting may occur due to various factors such as poor
The recent price action of Bitcoin has sent waves of fear across the entire cryptocurrency market. Many participants are concerned that the long-standing bull market may have finally come to an end. Analyzing the daily timeframe, it is evident that the price has been steadily making lower highs and lows ever since it fell below
In a recent turn of events, the cryptocurrency market has experienced a significant rebound, with Bitcoin surging to almost $58,000 and Ethereum spiking above $3,000. This surge in prices has brought some relief to investors who witnessed losses at the end of the previous week. Along with the major cryptocurrencies, meme coins like Shiba Inu
The cryptocurrency market is currently experiencing a decline on Monday morning, with major coins such as ETH and XRP charting notable decreases. ETH is once again trading below $3K, down 4% on the day, while XRP dropped by 5%. The bulls are now fighting to defend the critical $0.4 level amid the market downturn. Notably,
In the world of blockchain networks, Ethereum continues to reign supreme despite the emergence of newer platforms with lower fees and faster transaction times. Data compiled by Lookonchain indicates that Ethereum has surpassed Bitcoin in terms of 1-year fee revenue, with a staggering $2.728 billion compared to Bitcoin’s $1.30 billion. This demonstrates the unwavering support
Real-World Assets (RWA) have gained significant traction in the cryptocurrency market, with Ondo (ONDO) emerging as the largest coin in this sector. With a current price hovering around $1 and a market capitalization of $1.4 billion, Ondo has established itself as a key player in the RWA space. Since its inception in January, Ondo has
