The Ethereum Foundation, a non-profit organization, recently made headlines with an unexpected move – initiating a significant ETH sell-off to a single address. This action has sparked speculation within the cryptocurrency community about a potential market peak. The foundation’s wallet address, identified as “Cumberland Forwarder,” was the recipient of three ETH transactions, with two of
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Cardano, with its recent surge in price hitting a 2-year peak of $0.78, has positioned itself as a strong contender in the altcoin market. This upward trend has outperformed other major cryptocurrencies like Solana, signaling a shift in investor sentiment and market dynamics. In the past week, altcoins, including Cardano, have seen substantial gains while
Pepe (PEPE), one of the biggest meme coin launches of 2023, has caught the attention of investors with its recent price explosion. With a staggering +707% monthly gain, Pepe coin has reached a new all-time high, dominating trending coin rankings on major exchanges. Despite a minor retracement from the peak, Pepe is currently trading at
Cryptocurrency exchange Binance made the bold move to discontinue all services associated with the Nigerian local fiat currency, Naira (NGN), in a phased approach. This decision, made public on Mar. 5, came as a surprise to many as Binance announced that Nigerian users would no longer have access to various services related to NGN. The
Recently, Peter Schiff, the founder of Euro Pacific Asset Management and a known cryptocurrency skeptic, cautioned investors about the surge in Bitcoin prices, labeling it as the “ultimate asset bubble.” His remarks came as Bitcoin price soared past $61,500, reaching new heights. However, his skepticism seemed misplaced as the cryptocurrency continued to trade above $65K
Despite recent gains, Ripple’s XRP still lags behind Bitcoin and other altcoins in terms of performance. However, analysts remain optimistic about its future. Dark Defender highlighted XRP’s movement around the $0.64 Fibonacci level, with indicators like MACD and Ichimoku pointing towards further growth. Predictions suggest XRP could surpass $1 by April, with potential for an
The cryptocurrency market experienced a surge on Monday that brought Bitcoin to a two-year high, with prices reaching as high as $68,800. As of the latest data from Coingecko, Bitcoin is trading at $67,980, showing a significant increase of 6.6% in the daily timeframe and 20.6% on a weekly basis. This impressive growth has been
In recent times, there has been a surge in the popularity of Ordinals, especially with Bitcoin’s price approaching an all-time high. One of the standout projects in this space is NodeMonkes, which has seen record-breaking sales and high demand in the secondary market. This article aims to delve into what Ordinals are and how NodeMonkes
In a historic transaction on March 4th, 2024, a unique buyer made waves in the world of NFTs by purchasing CryptoPunk #3100 for a staggering price of over $16 million. This sale not only set a new record but also showcased the buyer’s distinct circumstances, adding to the intrigue surrounding the CryptoPunks collection. CryptoPunk #3100
Recently, popular crypto exchange Coinbase encountered a technical issue that led to some users experiencing a zero balance in their accounts. This incident occurred on March 4, causing concern and frustration among affected users. The company acknowledged the problem and reassured customers that their assets were safe. However, this is not the first time such
Analyst Eric Balchunas from Bloomberg has expressed skepticism about the potential impact of an Ethereum spot ETF launch. While Bitcoin spot ETFs have seen massive success, Balchunas believes that an Ethereum spot ETF would pale in comparison. He described the launch as “small potatoes” compared to the Bitcoin ETFs, citing both anecdotal and public data
In recent sessions, the prices of various meme coins such as Shiba Inu (SHIB), Dogecoin (DOGE), Pepe (PEPE), and Dogwifhat (WIF) have been on a wild surge. These coins have seen an increase of 100-400% in the past seven days, reflecting the euphoric sentiment in the Bitcoin market that has spilled over to the meme
Friend.tech, a Web3 social platform, made headlines when its investors made the bold decision to waive their rights to sell tokens to users, giving full control over the funds to the community. This move comes at a crucial time for the decentralized social media protocol, which has seen a decline in both trading activity and
The Cardano network is currently displaying positive signs that could potentially lead to a significant price surge for the ADA token. Analysts have pointed out that the network is thriving, with various metrics indicating substantial growth. Daily active ADA addresses, transaction volume, and transactions from ADA whales have all seen a notable increase. This surge
The cryptocurrency market is no stranger to the rise of meme coins in recent years. Tokens like Smog ($SMOG), Dogecoin, Bonk, Pepe, and Shiba Inu have captured the attention of investors with their whimsical volatility and viral marketing strategies. These meme coins often leverage the cultural capital of their underlying memes to attract a dedicated
Recently, the Wall Street Journal released an investigative article shedding light on Tether, Bitfinex, and their affiliated companies. The article painted a picture of questionable practices employed by these entities in order to maintain their connections to the global banking system. As we delve deeper into the allegations presented in the article, it is crucial
Recently, the Indian government made a significant announcement regarding the regulation of artificial intelligence (AI) tools. This move aims to ensure the reliability and accuracy of AI technologies that are being introduced to the Indian market. The Ministry of Information Technology has issued a directive requiring technology companies to obtain government approval before releasing AI
Bitcoin (BTC) has recently achieved a new milestone by hitting an all-time high (ATH) against the euro (EUR) and the British pound (GBP), reaching an impressive $65,000 price level. This significant achievement comes as BTC soared towards 61,000 EUR for the first time in history, showcasing a remarkable 7% increase in just 24 hours. The
ZTX, a pioneering Web3 social metaverse platform, is on the brink of a major expansion with a groundbreaking take on virtual real estate. The imminent relaunch of the ZTX beta application will unveil the highly anticipated ZTX Genesis Homes, adding a new dimension to its dynamic virtual world. ZTX Genesis Homes: A Unique Real Estate
The recent announcement of Apple canceling the Apple Car project has led to the emergence of new opportunities in the crypto market. One such opportunity is the TESLA token, which saw a massive 500x pump in less than a day. However, amidst this excitement, another project called Green Bitcoin has been gaining traction, offering a
The recent surge in meme coins has caught the attention of many investors, with Shiba Inu (SHIB) leading the pack with a 180% increase in the last seven days. However, as the market cap for SHIB climbs back above $15 billion, some investors are turning their attention to a new ICO called Sponge V2. This
Nokia envisions itself as a pioneer in the upcoming technological revolution, as indicated in their Technology Strategy 2030 report. The company is gearing up to cater to the anticipated surge in network demand by 2030, driven by the rapid growth of the metaverse, Web3, and AI. Investment in Network Technologies Nokia is strategically investing in
Bitcoin has recently experienced a significant rally, reaching the $64,000 threshold on Sunday. Analysts have been closely monitoring the trends in the market to determine the next direction of the asset. Cryptocurrency analyst and trader Ali Martinez has shared his insights on Bitcoin’s price action in the short term, highlighting a critical area that could
Bitcoin has been on a meteoric rise, with February seeing an impressive surge in value. This bullish trend has spilled over into March, as the price of Bitcoin has soared past the $65,000 mark. The head of research at Matrixport, Markus Thielen, predicts that Bitcoin is poised to reach another all-time high this week. The
Bitcoin prices hit a new high of $65,500 in early trading on Monday, March 4, signaling a remarkable surge in value. This recent move has brought the cryptocurrency to its highest price level since November 2021, coming just 5% shy of its all-time peak recorded in the same month. The price jump has also seen
The Securities and Futures Commission (SFC) in Hong Kong recently issued a warning against suspicious websites that are pretending to be licensed crypto exchanges in the city-state. These fraudulent websites have been impersonating both Hash Blockchain Limited and OSL Digital Securities Limited, leading to confusion and potential harm to investors who engage with them. It
The recent surge in NFTs has put the Bitcoin network at the forefront of the market. Last week alone, transactions on the Bitcoin blockchain reached an astounding $162 million, marking a 76% increase from the previous week. This performance solidifies Bitcoin’s position as the leading blockchain in the NFT space. While Bitcoin may have taken