In an era where digital currencies are becoming increasingly predominant, the role of cryptocurrency journalism has never been more vital. Among the prominent figures in this landscape is Semilore Faleti, a gifted writer whose journey into the world of blockchain and cryptocurrency showcases not just a profession but a passion. Initially dabbling in various subjects,
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In a commendable effort toward transparency, WazirX, one of India’s prominent cryptocurrency exchanges, has released its proof-of-reserves (PoR) report. This report is crucial in establishing trust in the platform, especially in the wake of recent security concerns that have besieged the crypto industry. The report revealed that over 40% of customer assets are held on
Bitcoin has established itself as the front-runner in the cryptocurrency market, particularly when measured by the duration tokens are held by investors. The average holding period for Bitcoin, often affectionately referred to as “digital gold,” stands impressively at 4.4 years. This metric not only solidifies Bitcoin’s reputation as a long-term store of value but also
In recent days, Ethereum (ETH) has witnessed a notable downturn, with its price dropping by over 13% since the beginning of the week. This decline, which saw ETH fall to approximately $2,380 on Friday, has unsettled market participants who were optimistic about a potential rally. Investors are now grappling with uncertainty, questioning whether the bullish
The cryptocurrency industry is a double-edged sword, embodying innovation and a plethora of seemingly legitimate projects coexisting with a shadowy underbelly of scams and frauds. Recent investigations unveiled a stunning case involving a fraudulent cryptocurrency platform known as Omegapro, which allegedly swindled a staggering €3 billion from unwitting investors. This case emerged prominently in El
In the ever-evolving realm of cryptocurrency, Ethereum has been at the forefront of investor interest, but recent performance has raised eyebrows. While Bitcoin and Solana have taken center stage with impressive price surges, Ethereum’s position has felt increasingly precarious. However, some analysts are optimistic about Ethereum’s potential resurgence. A prominent crypto analyst, known as @IamCryptoWolf
On October 24, 2023, the Pennsylvania House of Representatives made a significant stride in the realm of cryptocurrency regulation by passing House Bill 2481, also referred to as the “Bitcoin Rights” bill. This legislation received overwhelming bipartisan support, with a decisive vote count of 176 to 26. Remarkably, this included unanimous backing from all 100
The landscape of cryptocurrency regulation is continuously evolving, and Denmark is at the forefront with its recent proposition to impose a taxation model targeting unrealized gains on digital assets. This regulatory move aims to harmonize cryptocurrency taxation with existing frameworks for financial contracts, impacting both individual and institutional investors. In this article, we delve into
As the Web3 gaming industry continues to evolve, platforms that were once under the radar are now coming into the spotlight. Among these, Telegram has emerged as a surprising frontrunner, with its vast user base of over 900 million actively engaging in gaming experiences. An insightful report from Helika highlights a notable surge in gaming
In the dynamic world of cryptocurrencies, Solana (SOL) has recently emerged as a standout performer, captivating both investors and analysts with a notable price surge. In the past week alone, SOL experienced an impressive rise of 11%, reaching a high of $178 on October 24, a peak not seen in nearly three months. As of
Cryptocurrency markets are often characterized by their volatility and rapid price movements, and Cardano (ADA) is no exception. In a recent analysis, pseudonymous analyst Melika Trader outlined an optimistic long-term forecast while also highlighting the potential pitfalls that investors need to consider. By interpreting chart patterns and support/resistance levels, Melika offers insights into the short
Bitcoin, the flagship cryptocurrency, is once again edging closer to the tantalizing $70,000 threshold. This advancement comes amidst a tumultuous backdrop of declining trends within the U.S. equities market. Despite these challenges, analysts are leveraging historical patterns and emerging price signals to forecast a potentially explosive bull run that could see Bitcoin surpass the $100,000
In recent weeks, the meme coin Market, often regarded as the more whimsical and less traditional corner of cryptocurrency, has witnessed surprising performances. One standout is the Solana-based token, Cat in a Dogs World (MEW), which recently achieved significant milestones, boasting an impressive 85% increase in value over a two-week window. This surge culminated in
As the cryptocurrency landscape continues to flourish, Tomarket is poised to make a significant impact on The Open Network (TON) with its upcoming TOMA token drop. Scheduled for October 31, 2024, this event positions Tomarket alongside other notable projects like Hamster Kombat, Catizen, and Notcoin, marking a pivotal moment for the Telegram platform. The excitement
In recent months, the debates surrounding cryptocurrency, particularly Bitcoin, have intensified significantly. With its meteoric rise in popularity and value, regulatory bodies across the globe are now facing a dilemma: how to address the disruptive potential of this digital asset while maintaining economic stability. Recent reports by researchers affiliated with the Federal Reserve Bank of
In an era where the digital landscape is increasingly influenced by cryptocurrencies, the United States and Nigeria have initiated a crucial cooperation through the establishment of the Bilateral Liaison Group. This partnership aims to tackle the challenges posed by cryptocurrency-related crimes and to combat the illegal financing activities that have emerged alongside the rise of
The landscape of cryptocurrency regulation in the United States appears poised for significant change. Brad Garlinghouse, the CEO of Ripple, has articulated his views on how the upcoming presidential election and potential administration shifts could influence the regulatory environment for the crypto industry. In a recent interview, he emphasized that the Biden administration’s approach to
In an exciting development for the decentralized finance (DeFi) landscape, EMURGO, a key player in the Cardano blockchain ecosystem, has announced a strategic partnership with BitcoinOS (BOS). This collaboration aims to enhance the functionalities available to Cardano users by leveraging Bitcoin’s substantial capital, which is currently valued at around $1.3 trillion. The decision to collaborate
As the cryptocurrency landscape continues to evolve, South Korean investors are grappling with significant challenges due to the abrupt closure of numerous crypto exchanges. Recent reports indicate that over 33,000 investors are currently unable to access their digital assets, collectively valued at approximately $13 million. These troubling circumstances have arisen in light of the recent
On October 25, the cryptocurrency market is poised for a notable event with the expiration of approximately 62,600 Bitcoin options contracts, carrying a staggering notional value of around $4.26 billion. This month-end expiry dwarfs typical weekly expiries, warranting a closer look at the potential implications for price movements and market sentiment. With this backdrop, the
On December 10th, Microsoft will host a significant shareholder meeting, where the discourse surrounding Bitcoin is expected to take center stage. Currently trading at around $68,115, Bitcoin has seen an increase of approximately 1.22%, reflecting the growing interest in its capabilities as an investment vehicle. This rise in Bitcoin’s price has coincided with an ongoing
Ethereum’s price trajectory has recently generated a buzz among crypto enthusiasts, largely due to its formation of a notable symmetrical triangle pattern. Trader Tardigrade, a prominent analyst on X (formerly Twitter), has examined this formation and suggested that a breakout could propel Ethereum’s value to unprecedented levels, potentially hitting the coveted $10,000 mark. This analysis
The cryptocurrency market is currently experiencing a notable uptick in the activity of Bitcoin whales—entities that control substantial amounts of Bitcoin, specifically those with at least 1,000 BTC. As on-chain data reveals, these whale addresses have reached a peak level not seen since the bullish momentum of January 2021. This trend raises intriguing questions about
In a surprising turn of events, the Nigerian authorities have dismissed all charges against Tigran Gambaryan, a high-ranking executive at Binance. This decision comes after a tumultuous period in which Gambaryan faced serious allegations including money laundering and tax evasion, raising critical questions about the intersection of cryptocurrency, regulatory environments, and international diplomacy. Gambaryan’s legal
The world of cryptocurrency is perpetually dynamic, with Bitcoin often standing at the forefront of development, volatility, and speculation. With its recent price action attracting significant attention, particularly due to its failure to breach critical resistance levels, a closer analysis reveals the potential for a bearish trend. This article delves into the current state of
The cryptocurrency market is a maze of volatility and speculation, and XRP, the digital currency associated with Ripple, finds itself navigating these treacherous waters with both optimism and skepticism. While some analysts make bold predictions about XRP’s future, suggesting it could even surpass Ethereum (ETH), others caution investors about a potential pullback. This article delves
The collapse of FTX, once hailed as a leading cryptocurrency exchange, has triggered a wave of legal repercussions for former executives and associates involved with the firm. Central to understanding the downfall is the keen interest of U.S. prosecutors in how their inquiries unfolded, particularly regarding the testimony and cooperation of Nishad Singh, a former