The price of Ethereum (ETH) has recently seen a significant spike, reaching over $3,100, a nearly two-year high. This surge comes at a time when many other leading cryptocurrencies are experiencing little to no volatility. One of the driving factors behind Ethereum’s rally is the upcoming Dencun upgrade, scheduled for mid-March. This upgrade is focused
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The realm of cryptocurrency has been plagued by scams and thefts, resulting in significant financial losses for individuals. However, amidst the chaos, on-chain researcher ZachXBT has emerged as a beacon of hope for victims of digital asset theft. His recent success in recovering stolen funds from a non-fungible token (NFT) sale has garnered attention and
Bitcoin has experienced a tremendous price run-up in recent months, jumping from under $20,000 to over $50,000 since June 2023. This surge was primarily fueled by the anticipation and subsequent approval of nearly a dozen spot Bitcoin ETFs in the United States. Despite this significant increase in price, it seems that retail traders have not
Recently, a U.S. federal judge approved Binance’s guilty plea and a substantial $4.3 billion settlement for violating anti-money laundering and sanctions laws through its cryptocurrency exchange. This decision was made after the U.S. Department of Justice (DOJ) alleged that Binance had breached the Bank Secrecy Act (BSA) and the International Emergency Economic Powers Act (IEEPA),
The lawsuit between Ripple and the United States Securities and Exchange Commission has been a hot topic in the cryptocurrency industry since December 2020. At that time, the SEC accused Ripple of illegally raising over $1.3 billion through an unregistered securities offering by selling XRP. Ripple, on the other hand, contends that XRP is a
The price of Ethereum has shown significant growth in the first few months of 2024, with an increase of over 30% in less than two months. This surge in price has been accompanied by an interesting trend in on-chain data, suggesting that ETH investors are becoming more confident in the market. According to a CryptoQuant
In the world of cryptocurrencies, a new project called Mollars (MOLLARS) has been creating quite a stir on the Ethereum Blockchain. It has caught the attention of many crypto enthusiasts not only for its potential to store value but also for its promising growth prospects after the ICO. With plans to officially enter the market
Recently, the crypto financial services platform Matrixport made a bold prediction regarding the price of Bitcoin, stating that it will rise to $63,000. This forecast comes after their previous prediction of BTC reaching $50,000 by the end of January did not materialize. Despite the ambitious nature of this new target, Matrixport believes it is attainable
The Energy Information Administration (EIA) recently faced backlash from the cryptocurrency mining sector after the launch of a lawsuit by Riot Platforms and the Texas Blockchain Council. The lawsuit, filed on Feb. 22, named the EIA, the Department of Energy, the Office of Management and Budget (OMB), and the heads of those agencies as defendants.
In a recent analysis conducted by crypto analyst Ali Martinez, also known as @ali_charts on social media, a potential sell signal has been detected on the three-day chart for Cardano (ADA) against the US dollar. This analysis, which was posted on X on February 23, has raised concerns among ADA traders due to the emergence
Ethereum recently broke the $3,000 mark, showcasing a 4% increase in price. However, the subsequent correction has led to the possibility of a re-test of the key support at $2,860. The bullish momentum of Ethereum on higher timeframes signals that any pullbacks may be short-lived. To maintain this momentum, buyers need to hold the key
The recent growth milestone of Wall Street Memes’ GambleFi project has sparked excitement in the crypto community. With a significant increase in deposited assets onto the WSM Casino platform, there is a growing anticipation of how this development could impact the price of the $WSM token. Wall Street Memes is set to introduce a new
The recent price movement of Bitcoin (BTC) has been a topic of interest among cryptocurrency enthusiasts and investors. After a bullish breakout to the $52,000 price mark, the momentum seems to be slowing down. However, some patterns have emerged that indicate potential optimistic activity in the near future. One cryptocurrency analyst, known as Titan of
The recent launch of spot Bitcoin Exchange-Traded Funds (ETFs) by industry giants BlackRock and Fidelity has been hailed as a landmark moment in the cryptocurrency world. These ETFs quickly became among the top five ETF launches in their initial month, attracting significant attention and inflows from investors. However, despite this impressive milestone, the price response
In response to the US Securities and Exchange Commission (SEC) charges, Kraken asserted that the legal action taken against them was a result of their advocacy for the agency to operate within regulatory boundaries. During a testimony before the House Financial Services Committee and the House Agriculture Committee in May 2023, Kraken emphasized the inadequacy
The recent launch of SHEboshi NFTs, associated with the popular meme coin Shiba Inu (SHIB), has taken the non-fungible token field by storm. Within a remarkably short period, all 20,000 collectibles were claimed, leading to a rapid sell-out in less than three hours post-launch. This unprecedented success showcases the growing interest and demand for NFTs
PlutoSwap (PLUTO) has been gaining traction in the DeFi space with its innovative AI-Powered DEX aggregator, attracting the attention of investors worldwide. The platform’s unique features are set to revolutionize the way traders find the best prices for swapping tokens. By focusing on layer 2 blockchains, PlutoSwap aims to reduce transaction fees, improve speed, and
Nemesis Downfall, a highly anticipated play-to-earn first-person shooter, is gearing up to launch its open beta on February 28. The game will be available on the PancakeSwap Gaming Marketplace, offering players a unique opportunity to not only enjoy intense combat scenarios but also earn rewards while doing so. Nemesis Downfall features two main game modes:
House Majority Whip Tom Emmer has raised concerns over the recent actions of government agencies under the Biden administration, specifically targeting Bitcoin mining firms. Emmer highlighted in a letter to the Office of Management and Budget (OMB) that an expedited request from the Energy Information Administration (EIA) has initiated a new data collection regime for
In the volatile world of cryptocurrency, AI-themed coins have been taking the spotlight recently. With the likes of Worldcoin (WLD), SingularityNET (AGIX), and Render (RNDR) experiencing significant pumps of 25-40% in just 24 hours, the market is clearly showing interest in these AI-related projects. However, while these established coins are gaining attention, it’s important to
South Africa recently unveiled ambitious plans to integrate digital payments and cryptocurrency into its financial infrastructure in an effort to uplift marginalized communities and bolster the economy. The government’s commitment to building a digital economy through collaborations between public and private sectors is highlighted in the 2024 budget announcement. The goal is to improve access
The current state of Bitcoin’s liquidity market is a topic of great interest among enthusiasts, especially as the cryptocurrency hovers around the $52,000 mark. When delving deeper into Bitcoin’s liquidity, one can observe a complex interplay between buy and sell orders within a critical 2% market depth. This subtle dance reveals the delicate balance that
Binance, the world’s leading cryptocurrency exchange, recently expanded its margin trading options by adding several new pairs and borrowable assets. Some of the new cross-margin pairs include ADA/USDC, AVAX/USDC, MATIC/USDC, and XRP/USDC, while new isolated margin pairs include ACM/USDT, AVAX/USDC, FIO/USDT, IQ/USDT, NEXO/USDT, and QKC/USDT. Additionally, Binance introduced AC Milan Fan Token (ACM), FIO Protocol
Michael Saylor, the co-founder and executive chairman of MicroStrategy, made headlines by announcing his plan to continue buying Bitcoin indefinitely. Despite holding a significant unrealized profit of around $4 billion in BTC, Saylor emphasized that both he and his firm have no intentions of selling their Bitcoin holdings. In an interview with Bloomberg, Saylor described
Greg Solano, the co-founder of Yuga Labs, has made a triumphant return to the role of chief executive officer after the departure of former CEO Daniel Alegre. This decision marks a significant moment for the company, best known for its creation of the immensely popular Bored Ape Yacht Club (BAYC) NFT collection. Solano expressed his
Recent on-chain data from Spot On Chain has revealed significant accumulation activity by an Ethereum whale, causing a stir within the ETH community. The whale address in question has purchased a total of 64,501 ETH in the past three days, amounting to approximately $187 million at current market prices. The whale’s continuous accumulation of Ethereum,
Fred Krueger, a prominent crypto investor, has voiced his concerns regarding the current valuation of Ethereum. He believes that Ethereum is overvalued at its spot rates, especially after the native currency, ETH, surged above $3,000. Krueger expressed his opinion that Ethereum supporters are “detached from reality” in their assessment of the blockchain’s worth. This skepticism