Crypto

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

The recent surge in the price of meme coin DADDY by 35% has caught the attention of many investors in the cryptocurrency market. This sudden increase in value was sparked by a bold announcement from Andrew Tate, a former kickboxer and online influencer, encouraging DADDY holders to accumulate more assets within a limited time frame.

Asset managers are eagerly anticipating the potential approval of the first U.S. ETFs directly investing in Ethereum by the Security and Exchange Commission. The deadline for updated paperwork and amended S-1s is set for July 8, with the possibility of additional rounds of filings. Despite minor questions from the SEC, asset managers like Steve Kurz

Despite a 15% decrease in Bitcoin’s price since mid-March, there are indications that the bull run may not be coming to an end as many fear. One crucial metric to consider is the Fear and Greed Index, which measures investor sentiment on a scale from 0 to 100. With the index recently entering “fear” and

In the first half of 2024, Bitcoin and Ethereum have overshadowed traditional investments such as the Nasdaq, S&P 500, oil, gold, the U.S. dollar, and government bonds. Matrixport’s July 1 post highlighted that both cryptocurrencies are leading the pack halfway through the year. The approval of spot Bitcoin ETFs in January played a significant role

The rise of artificial intelligence (AI) models has undoubtedly revolutionized many industries and sectors. However, Charles Hoskinson, the co-founder of Cardano, raises an alarming concern about the diminishing utility of AI models over time. He attributes this decline to the practice of AI censorship, where machine learning algorithms are used to filter objectionable or sensitive

Keith Gill, also known as “Roaring Kitty,” is currently facing securities fraud claims related to the GameStop stock frenzy that occurred in 2021. The class-action lawsuit filed on June 28 in the Eastern District of New York alleges that Gill orchestrated a “pump and dump” scheme by using his social media presence to manipulate the

The month of June has been quite turbulent for the Bitcoin price, with significant fluctuations and volatility. The price of Bitcoin experienced a rollercoaster ride, reaching highs of $72,000 and lows of just over $58,000. Ultimately, the bears prevailed, driving the price down by 7.12%. This downward trend has left many wondering what the future

As the market continues to fluctuate, analysts at CryptoQuant have identified key on-chain metrics that may indicate the potential for Bitcoin to have bottomed and for cryptocurrencies to start rallying once again. These metrics include higher bullish momentum, an increase in Bitcoin demand, and faster growth in stablecoin liquidity. These signals are crucial indicators to

The recent update from the European Central Bank (ECB) regarding the development of the digital Euro CBDC has sparked concerns among experts and investors. While the ECB claims that privacy and data protection are its top priorities, there are underlying features of the currency that suggest otherwise. The ECB’s two-year preparation phase for the digital