After reaching an all-time high above $3,800, Ethereum experienced a significant price drop of over 10%. This price fluctuation came on the heels of a similar surge in Bitcoin, which also hit a new ATH before undergoing a correction. Both cryptocurrencies have since recovered from their respective dips, with Ethereum briefly touching $3,900 for the
The price of Bitcoin experienced a pullback recently after reaching the $69,000 mark, causing bearish sentiment in the crypto market. Several predictions from top analysts suggest a further decline in the price of Bitcoin. Crypto analyst and trader Ali Martinez highlighted indicators that point towards a continuous retracement in price. Martinez shared his projections on
Bitcoin experienced a significant milestone on Mar. 5 when it reached its all-time high of $69,000, previously set in November 2021. However, this achievement was short-lived, as the cryptocurrency quickly underwent a 14% correction, plummeting to $59,300. The following day, on Mar. 6, Bitcoin managed to regain some lost ground, but struggled to stabilize at
Ubisoft, a leading game developer, has recently announced a groundbreaking collaboration with Ethereum NFT card game Cross the Ages. This partnership aims to introduce Watch Dogs-inspired NFT cards into the Cross the Ages gameplay, offering players a new level of immersion and excitement. The fusion of traditional gaming elements with blockchain technology signifies a significant
The recent joint motion filed by the SEC on March 5 against Binance.US has brought to light issues surrounding regulatory compliance. The SEC alleges that Binance.US has failed to fully comply with information requests on customer assets, citing insufficient inspections, refusal to answer critical questions, and changes to operations without updates. On the other hand,
Cardano, one of the leading altcoins in the cryptocurrency market, recently reached a 2-year peak of $0.78 on Mar. 5, outperforming its competitor Solana in terms of weekly gains. This surge in price has been attributed to the rapid growth of Cardano’s DeFi ecosystem, which is attracting significant capital inflows. While Bitcoin has historically dominated
The Ethereum Foundation, a renowned non-profit organization within the blockchain space, recently made headlines with its unexpected ETH sell-off to a single address. On March 4th, LookOnChain, a prominent blockchain analytics platform, disclosed a series of transactions originating from a wallet address associated with the Ethereum Foundation. The transactions showcased a pattern of transferring ETH
In a surprising move, cryptocurrency exchange Binance has announced the discontinuation of all services associated with the Nigerian local fiat currency, Naira (NGN). This decision, which comes amidst allegations from the Nigerian government, has left many Nigerian users in limbo. Binance’s decision to discontinue NGN-related services, including deposits, withdrawals, conversions, spot trading, P2P, Auto-invest, and
Pepe (PEPE), one of the biggest meme coins of 2023, has made a striking comeback in the cryptocurrency space. With a monthly gain of over 700% and a new all-time high, Pepe has been dominating the trending coin rankings on major exchanges. Currently trading at $0.000000750, Pepe’s price movement indicates a cautious approach after reaching
Peter Schiff, the founder of Euro Pacific Asset Management, is known for his skepticism towards cryptocurrency. Recently, he made a bold statement declaring Bitcoin as the “ultimate asset bubble” as the price of Bitcoin soared to over $61,500. Despite his warning, Bitcoin continued to rise in value, trading at over $65,000 at the time of
Despite facing challenges in the form of resistance levels, XRP has managed to show positive signs in terms of potential growth. Analysts have highlighted the significance of technical indicators like MACD and Ichimoku in predicting an upward trajectory for the token. Dark Defender and Alex Cobb are among the experts who believe that XRP could
In recent days, Bitcoin has experienced an unprecedented surge in value, reaching a two-year high and approaching its all-time record of $69,000. The cryptocurrency peaked at $68,800, with the current trading price hovering around $67,980. This surge has been fueled by a flood of capital entering the market, driving Bitcoin up by 6.6% daily and
In recent times, there has been a significant increase in the popularity of Ordinals, especially as Bitcoin’s price approaches an all-time high. Among the various projects in the Ordinals space, NodeMonkes has emerged as a frontrunner, with its remarkable sales performance and high demand in the secondary market. NodeMonkes currently holds the title of being
The anticipation surrounding the potential launch of Ethereum spot ETFs may be met with disappointment, according to Bloomberg ETF analyst Eric Balchunas. While Bitcoin spot ETFs have seen significant success in the United States, with over $7 billion in net flows since their launch, Balchunas believes that Ethereum ETFs will not come close to their