Crypto

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
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.
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
Despite a recent brief period of stagnation, Cardano (ADA) has firmly maintained its position within the top ten cryptocurrencies by market capitalization. In an environment often characterized by volatility, ADA’s resilience is notable, particularly highlighted by a remarkable increase of over 7% within a single day. This uptick signals that Cardano may be entering a