Chief economist and Bitcoin critic, Peter Schiff, has recently issued a somber prediction regarding the future of the world’s largest cryptocurrency, Bitcoin. In a tweet, Schiff shared a price chart of Bitcoin against the United States Dollar, highlighting Bitcoin’s price at $63,814 with key support levels around $60,000. Schiff emphasized the importance of Bitcoin maintaining
In the recent past, the cryptocurrency Ethereum (ETH) has experienced a noticeable drop in price, with a 5% decline over the last 24 hours. The reason behind this sudden drop is the growing speculation surrounding the possible rejection of Ethereum ETFs by the US Securities and Exchange Commission (SEC) in the upcoming May deadline. It
In the recent surge of meme coins, the spotlight has once again shifted towards ERC-20 tokens as ELON, a coin inspired by Elon Musk, experienced a massive 229-fold increase in price overnight. Despite the lack of an official connection with Elon Musk, the ELON token has been gaining significant traction in the market. Currently trading
The recent approval of new Anti-Money Laundering Regulations (AMLR) by the European Parliament has significant implications for Crypto Asset Service Providers (CASP) in Europe. These regulations aim to combat money laundering and terrorist financing by imposing stringent Know Your Customer (KYC) procedures on obligated entities. The new laws require obligated entities, including banks, assets and
Changpeng Zhao, better known as CZ, the co-founder and former CEO of Binance, recently submitted a letter of apology to the court in anticipation of his upcoming sentencing. In his letter, CZ accepts full responsibility for his past actions and expresses deep regret for his poor decisions. He acknowledges that he should have implemented compliance
The gaming industry is undergoing a significant transformation with the rise of blockchain technology. Traditional gaming models are being challenged by decentralized alternatives that offer players true ownership of their in-game assets and provide game developers with new revenue streams. Beam, a gaming-focused subnet built on the Avalanche Network, stands out for its unique approach
In the days leading up to the Bitcoin Halving event, there was a significant amount of price volatility surrounding BTC. However, the price has since rebounded and reached the $66,000 level. This spike in price has led to numerous bullish predictions from top cryptocurrency analysts about the future path of the coin. One such analyst,
Nigerian authorities have taken a firm stance on crypto trading, with a recent focus on peer-to-peer (P2P) platforms such as OKX, Binance, KuCoin, and Bybit. A trending circular on social media has been circulating, detailing the Central Bank of Nigeria’s (CBN) directive for financial institutions to identify and impose restrictions on individuals or entities transacting
Meme coins have been making waves in the cryptocurrency world, with significant price increases across the board. While traditional leaders like Dogecoin and Shiba Inu have seen more modest gains, other meme coins like Bonk Inu and dogwifhat have experienced substantial spikes in value. On April 24th, several meme coins saw impressive daily price increases.
In the volatile world of cryptocurrencies, investors are always on the lookout for the next big thing. With big names like Bitcoin and Ethereum dominating the market, it can be easy to overlook smaller altcoins that have the potential to deliver significant returns. One such altcoin that investors should keep an eye on is Hedera
The Cardano (ADA) price is facing challenges as it drops out of the global top 10 crypto rankings. Currently trading just above $0.50, ADA is down close to 3% on the day. Despite a recent rebound from mid-month lows, ADA failed to push back above its 21DMA in the $0.52s, leading to increased sell pressure.
Block Inc., the fintech company co-founded by Jack Dorsey, recently made a groundbreaking announcement regarding the completion of the development of its advanced Bitcoin mining chip. This marks a significant milestone for the firm’s mining project and the cryptocurrency industry as a whole. According to a statement shared by Dorsey on Twitter, Block’s three nanometre
NuggetRush is a revolutionary game that brings together the thrill of mining adventures, NFT-earning opportunities, and real gold prizes. Players are transported into a 3D mining metaverse where they can explore resource-rich lands either on their own or with friends in team gameplay. The game provides players with the necessary tools and machinery to efficiently
Charles Hoskinson, the founder of Cardano, has recently announced his foray into the world of blockchain gaming with the release of his latest project, Voyager: Ascension. This move marks a significant step in the evolution of the Cardano ecosystem and showcases Hoskinson’s commitment to exploring new and innovative applications for blockchain technology. Voyager: Ascension is