Crypto

Recently, the Canadian musician Drake made a substantial Bitcoin bet on the Copa America semi-final match between Canada and Argentina. Despite the odds being against Canada, with a potential profit of over $2.5 million in Bitcoin, Argentina emerged victorious with a 2-0 win. This loss adds to Drake’s history of significant betting losses. Past Betting

In mid-July, Binance made the decision to suspend deposits and withdrawals for approximately one hour to conduct scheduled wallet maintenance. This announcement caused some concern among users, as the exchange is known for its high trading volume and quick transactions. However, Binance assured the community that trading services would not be affected during this time

Recently, wallets linked to the CoinStats exploiter made a move that raised eyebrows in the crypto community. A staggering $1 million in Ether was transferred into the controversial crypto mixing protocol known as Tornado Cash. This significant transfer occurred not long after CoinStats announced that they were conducting investigations into the exploit. The blockchain security

In recent news, Ethereum 2.0 staking has experienced a significant surge, reaching a major milestone with the deposit contract for staking on the Beacon Chain hitting a record high of 47.36 million ETH. Surprisingly, this accounts for a staggering 33.9% of the total Ethereum supply. These statistics, provided by the crypto analytic platform Santiment, indicate

Ethereum (ETH) has been making headlines in the cryptocurrency world as the top trending token. This surge in popularity can be attributed to the updated S-1 forms filed for spot ETH ETFs by major financial firms such as BlackRock, Fidelity, VanEck, 21Shares, Grayscale, and Franklin Templeton. The market intelligence platform, Santiment, highlighted Ethereum as the

Over the past 30 days, Bitcoin has experienced a significant price dip of around 15%. The most notable correction happened at the end of last week when BTC fell below $54,000 for the first time since February. However, in the past few days, the asset has managed to recover some of its losses and is

The recent news of Paxful’s co-founder and former CTO, Artur Schaback, pleading guilty to conspiracy has sent shockwaves through the cryptocurrency community. Schaback’s failure to establish, develop, implement, and maintain a compliant AML program as required by the Bank Secrecy Act has raised serious concerns about the company’s practices. The US Department of Justice’s Office

The implementation of Europe’s Markets in Crypto-Assets Regulation (MiCA) on June 30 has resulted in a significant shift in the cryptocurrency market. With an increased demand for compliant stablecoins, Circle’s USDC has emerged as a primary beneficiary of this trend. According to French blockchain analytics firm Kaiko, non-compliant stablecoins currently account for 88% of the

Bitcoin (BTC) has recently experienced a significant drop in price, reaching its lowest level since February 26. Despite hovering around the $57,000 range in the face of high volatility, Bitfinex analysts have identified on-chain indicators that suggest the leading cryptocurrency may be on the verge of a potential recovery. The correction in Bitcoin’s price was

In the wake of a challenging week marked by negative news from Mt. Gox and the German government’s Bitcoin dump, the cryptocurrency market experienced a brief period of relief. Chainlink (LINK) managed to gain more than 4% in value over a 24-hour period, despite facing significant bearish pressure. This positive trend was reinforced by the

Binance, known as the world’s largest cryptocurrency exchange, recently made the decision to delist four digital assets from its platform. This move caught many traders and investors off guard, causing panic in the market. The delisted cryptocurrencies include BarnBridge (BOND), Dock (DOCK), Mdex (MDX), and Polkastarter (POLS). Support for all spot trading pairs involving these

Bitcoin’s recent price action has caused fear in the crypto market, with concerns that the bull market may be coming to an end. The daily timeframe shows a pattern of lower highs and lows since the price dropped below $70K, signaling a clear bearish trend. The market recently broke below the key $60K level and

In a recent turn of events, the cryptocurrency market experienced a significant rebound, with Bitcoin surging to almost $58,000 and Ethereum climbing above the $3,000 mark. This surge in prices brought relief to many investors who had witnessed losses towards the end of the previous week. The meme coin sector also saw a positive trend,

In a landscape where multiple blockchain networks have emerged offering lower fees and faster transaction times, Ethereum continues to dominate the space. Despite the competition, users seem willing to pay higher fees on the Ethereum network. Data compiled by Lookonchain reveals that Ethereum has surpassed Bitcoin in terms of 1-year fee revenue. Ethereum leads the

Real-world Assets (RWA) have gained significant traction in recent months as they offer a tangible backing to digital currencies. These assets can represent physical objects or properties and are governed by smart contracts on the blockchain. Earlier this year, the market capitalization of the RWA niche surged to nearly $9 billion. However, a recent correction

Bitcoin’s price has shown stagnation since its peak in March, with analysts attributing this trend to the tight U.S. monetary policy. The tightening of the policy, which began in March 2022, has led to a reduction in stablecoin supply. This decline in supply has had a direct impact on Bitcoin’s ability to rally further in

In recent days, Bitcoin experienced a significant correction, dropping below the $54,000 mark. This sharp decline caught the attention of many investors as the cryptocurrency had not seen such low prices since February. Some individuals may interpret this as a potential signal that the bull market for Bitcoin is coming to an end. While some

The cryptocurrency industry is a rapidly evolving one, with new developments occurring on a daily basis. However, alongside these advances, there is a growing threat from hackers and malicious actors who take advantage of inexperienced users to steal their digital assets. This risk is particularly pronounced in the meme coin sector, where coins like Shiba

The recent news regarding the restitution of Mt. Gox users has created a sense of uncertainty in the market. Bitcoin prices have been on a decline since the beginning of June, failing to gain any meaningful upward momentum despite ETF inflows. With the price falling under $60,000 on July 3rd, followed by another drop the

In the past few days, the crypto markets have experienced a significant drop of 15%, resulting in over $350 million leaving the space. This decline has led to the breaking of monthly support levels, causing crypto assets to plummet to their lowest levels since late February. The return of bearish sentiment has raised concerns among

Meme coins have been the stars of the cryptocurrency world during the recent bull run. Tokens like Shiba Inu (SHIB) and Dogecoin (DOGE) have seen significant gains, riding the wave of the market’s upward momentum. However, with the current market correction, the progress of these meme coins has slowed down. One potential catalyst that could

PancakeSwap, a popular multi-chain DEX, recently revealed a significant community reward program set to take place from July 5 to August 5. This program will see the distribution of more than 2.45 million zkSync (ZK) tokens to community members who have shown support for the zkSync PancakeSwap deployment since July 2023. The goal of this

In the last 24 hours, the cryptocurrency market has experienced a significant decrease in total capitalization, dropping to $2.07 trillion. This 8.6% decrease has had a major impact on leading digital assets, with many seeing losses and only a few managing to maintain positive momentum. The primary cryptocurrency, Bitcoin, has been hit hard, with its

Bitwise, a prominent asset management firm, recently made amendments to its S-1 registration statement with the SEC in order to list and trade shares of a spot Ether exchange-traded fund (ETF). The decision to amend the registration statement comes after SEC Chair Gary Gensler’s announcement that approvals for spot Ether ETFs could potentially be finalized

BitMEX, a derivatives exchange based in Seychelles, has recently introduced the MEMEMEXTUSDT Basket Index Perpetual Swap Contract. This innovative product is aimed at providing traders with the opportunity to access a variety of meme coins in the market through a single contract. Referred to as the “S&P500 for crypto meme coins,” this new offering enables

The Bitcoin network is currently experiencing some signs of miner capitulation. This phase typically involves miners either shutting down their operations or selling off some of their Bitcoin holdings. Interestingly, historical data suggests that such a period often precedes a bottoming out of Bitcoin prices, signaling a potential uptrend for the digital asset. Since the

In a recent court ruling on Binance’s BNB token, Ripple has found an opportunity to argue against harsh penalties from the SEC for XRP sales. The company cited the lack of regulatory clarity as a key defense in their case. Ripple’s argument hinges on the idea that the ruling in the Binance case supports their