Bitcoin had a rollercoaster of a week, driven by hype and the anticipation of spot Ethereum ETF approval in the United States. The cryptocurrency struggled to stay above $66,000 at the beginning of the week but experienced a significant surge on Monday. This surge, however, was short-lived as Bitcoin started losing value in the following
The infamous darknet drug bazaar, Incognito Market, was run by a 23-year-old Taiwanese national, Rui-Siang Lin, operating under the pseudonym “Pharoah.” This online platform facilitated the buying and selling of illegal narcotics, including fentanyl, prescription amphetamines, MDMA, LSD, and cocaine. Over a span of four years, Incognito Market transacted more than $100 million in cryptocurrencies,
Recently, OKX announced that it would be discontinuing its centralized cryptocurrency trading services for residents of Hong Kong starting May 31, 2024. The exchange cited a “careful consideration” of its business strategy as the reason behind this decision. While OKX reassured customers that their funds are secure and withdrawal services will continue to operate normally,
The recent approval by the United States Securities and Exchange Commission (SEC) for Ethereum exchange-traded funds (ETF) has sparked significant interest in the investment community. This approval comes at a time when the Bitcoin spot ETF market is experiencing a resurgence, with positive inflows for the second consecutive week. The increase in investor confidence over
The recent report released by the Mollars token team shed light on the increasing search volumes from crypto traders for the “MOLLARS” brand, which are now rivaling other popular tokens like Bonk Inu (BONK) and Pepe (PEPE) tokens. The data from an investor of the new store-of-value token provides insight into the types of crypto
In recent days, Ethereum’s price has been oscillating within a range of $3,949 to $3,627, following a previous rally that resulted in a significant uptrend for the cryptocurrency. This period of consolidation typically signifies a phase of building momentum before a breakout occurs. The current trading price of ETH stands at $3,752, reflecting a 0.66%
After the recent Bitcoin halving in April, there has been much speculation about when the cryptocurrency will experience a major price breakout. While Bitcoin did see a rise to $71,443, it soon faced a retracement, dropping to as low as $66,936. Analysts, including renowned analyst Rekt Capital, have been closely monitoring these price movements and
The recent passing of Kabosu, the Shiba Inu who rose to fame as the face of the “Doge” meme, has left a profound impact on millions of people around the world. Known for her iconic expression and the whimsical captions that accompanied her photos, Kabosu captured the hearts of many and became a symbol of
FTX, a bankrupt crypto exchange, recently concluded the sale of $2.6 billion worth of discounted Solana tokens. Figure Markets and Pantera Capital were among the buyers who participated in the auctions, acquiring final troves of SOL tokens from FTX after weeks of bidding. Figure reportedly purchased a bundle of 800,000 coins for around $80 million,
In a recent motion for an interlocutory appeal filed with the US District Court for the Southern District of New York, Coinbase accused the SEC of attempting to evade the Howey test by not addressing whether digital asset transactions without post-sale obligations can be considered investment contracts. This legal maneuver could have far-reaching implications for
The Bitcoin price has experienced some fluctuations recently, dropping from over $71,000 to around $67,000. This has prompted crypto analysts to carefully examine the technical indicators to predict the future direction of the price. One particular analyst, The Signalyst, has highlighted that the cryptocurrency is now in a crucial zone with important levels to monitor
In a landmark decision, the U.S. Supreme Court unanimously ruled against Coinbase Inc. in an arbitration dispute stemming from the company’s 2021 Dogecoin sweepstakes. The court clarified that when parties are governed by multiple contracts, a court must determine which legal agreement takes precedence. This decision brings much-needed clarity to the arbitration process, highlighting the
The Dogeverse (DOGEVERSE) presale is currently underway, with the final opportunity for investors to participate ending soon. This unique multi-chain offering has already raised over $15 million, showcasing its popularity and potential in the crypto market. The Dogeverse project follows the journey of Cosmo, a chain-hopping doge who navigates the blockchain world using Portal Bridge
OpenSea, a popular NFT marketplace, has recently introduced a new initiative known as the “Get Based” series. This series aims to showcase artists creating on Coinbase’s Base network, which is an Ethereum Layer 2 (L2) solution. By highlighting the works of these artists, OpenSea hopes to promote the Base network and support creators within this