In the world of cryptocurrencies, Shiba Inu has been making waves with its recent surge in value. Far from being just another meme coin seeking attention, Shiba Inu has proven its ability to come out stronger, even in a bear market. With a solid 15% increase over the weekend, Shiba Inu is capturing the interest
The cryptocurrency market has entered a period of stagnation, with major cryptocurrencies showing minimal movement in price over the past 24 hours. Bitcoin, the leading cryptocurrency, has been trading around $29,000 for several days now, a narrow range for a typically volatile asset. In fact, Bitcoin’s recent lack of volatility has even led to comparisons
In recent days, massive XRP whale wallets have been making waves in the cryptocurrency market. These large holders of XRP have dumped over 100 million tokens, creating significant selling pressure and affecting the price of XRP. This article explores the implications of whale activity and how it influences market sentiment and price movements. Whale Selling
The cybersecurity landscape is constantly evolving, with new threats emerging every day. Blackberry, a pioneer in the smartphone industry, has recently detected several malware families that are being used to run massive campaigns aimed at stealing cryptocurrencies from unsuspecting victims. In its recent report, titled ‘The BlackBerry Global Threat Intelligence Report,’ the company highlights the
XRP, the cryptocurrency associated with Ripple Labs, saw a surge in price following a recent legal victory against the US Securities and Exchange Commission (SEC). However, this upward momentum has slowed down in recent weeks as XRP encounters resistance and begins a downward trajectory. As per the latest data from CoinGecko, XRP’s value stands at
Recent news of a groundbreaking discovery by South Korean scientists has sent shockwaves through the scientific and cryptocurrency communities alike. The team claims to have successfully engineered a superconducting material, named LK-99, that operates at ambient temperature and pressure, a feat previously thought to be impossible. This article delves into the implications of this breakthrough
The tech industry’s heavyweights, including Apple, Adobe, Pixar, Autodesk, NVIDIA, and the Joint Development Foundation, have come together to form the Alliance for OpenUSD (AOUSD). This alliance signifies a major step towards standardization, development, and evolution in the field of 3D creativity. With a clear focus on fostering interoperability among tools and data, the alliance
Leading cryptocurrency exchange, Coinbase, is not backing down in its legal battle against the Securities and Exchange Commission (SEC). In their recent shareholder letter, the company revealed its plan to file a motion to dismiss the lawsuit in its entirety. Coinbase firmly believes that none of the assets or services mentioned in the SEC’s complaint
The cryptocurrency market is no stranger to sudden surges in value, and the latest token to make headlines is TwitterDAO (TWITTER). In just ten hours, TWITTER experienced an astonishing increase of +11,800%. This exponential rise can be attributed to the growing popularity of meme-inspired tokens related to Twitter and Elon Musk. Earlier this month, investors
The co-founder and CEO of zkSync creator Matter Labs, Alex Gluchowski, has found himself in the midst of controversy. Polygon Zero, a zero-knowledge scaling firm, has accused Matter Labs of copying code from their system without proper attribution. In a blog post, Polygon Zero claimed that Matter Labs had incorporated what they referred to as
The current state of the cryptocurrency market has left altcoin investors disillusioned and doubtful about the future. Michaël van de Poppe, CEO and founder of MN Trading, sheds light on the prolonged crypto winter and its impact on altcoin markets. With the bear market lasting for more than two years, many investors are losing faith.
In a discussion with Bloomberg, MicroStrategy co-founder and former CEO, Michael Saylor, shared his perspective on the potential approval of spot Bitcoin ETFs and its impact on the company’s Bitcoin strategy. Saylor firmly stated that even if the U.S. Securities and Exchange Commission (SEC) were to approve spot Bitcoin ETF applications, it would not affect
Europe’s leading cryptocurrency exchange, Bitstamp, has created a buzz among XRP enthusiasts with a cryptic tweet teasing a significant announcement regarding the XRP token. The Luxembourg-based exchange shared a video featuring an animated XRP rocket ascending, accompanied by the hashtags #XRP, #XRPL, and #XRPLedger. While the video suggests that the forthcoming announcement could have a
The Terra Classic (LUNC) community has been tirelessly working towards reviving the ecosystem’s native token. However, recent data from a state-of-the-art crypto analysis and forecasting platform, PricePredictions, suggests that these efforts may not be enough. This article delves into the projections for the LUNC token, explores recent developments, and discusses the potential impact on its
As uncertainty looms over Curve exposure in many decentralized finance (DeFi) protocols, the founder of Aave Chan, Marc Zeller, has put forward a proposal suggesting that Aave Treasury purchases $2 million worth of CRV tokens in USDT from Curve founder Michael Egorov. This strategic move aims to demonstrate DeFi’s support for DeFi, while at the
Dogecoin (DOGE) has been making headlines recently as its price continues to decline. In the past 24 hours, the price of DOGE has dropped by 3.6%, and over the past seven days, it has seen a 5.2% decline. These figures highlight the volatility of the coin and the challenges that DOGE holders and traders are
Over the past few months, the cryptocurrency market has witnessed a frenzy of trading activities driven by the rising popularity of telegram trading bots. These bots, designed to automate trading strategies and provide users with real-time market analysis, have captured the attention of traders and investors alike. One of the latest market entrants, Base Bot
Kaspa, a Directed Acyclic Graph (DAG)-based proof-of-work (PoW) platform, has been making waves in the blockchain sphere. Introduced as an alternative to Ethereum’s transition to a proof-of-stake (PoS) framework, Kaspa’s protocol has emerged as a timely solution. This article explores Kaspa’s unique nature, recent surge in prominence, and potential for growth. Kaspa utilizes a DAG-based
In a recent letter to Treasury Secretary Janet Yellen and IRS Commissioner Daniel Werfel, US Senators, led by Elizabeth Warren, have called for prompt action in implementing new tax reporting requirements for digital asset brokers. This letter refers to the Infrastructure Investment and Jobs Act (IIJA), a bipartisan measure enacted almost two years ago that
The Australian Securities and Investments Commission (ASIC) has taken legal action against online trading platform eToro for allegedly breaching financial regulations related to cryptocurrency derivative products. ASIC claims that eToro violated the design and distribution obligations under the Corporations Act 2001 between October 2021 and July 2023. Concerns Over Consumer Protection ASIC Deputy Chair Sarah
A recent study conducted by the Network Contagion Research Institute (NCRI) has shed light on the significant influence of crypto-spouting Twitter bots on the price of altcoins. The study examined over 3 million tweets related to 18 altcoins listed on FTX between January 2019 and January 2023. The Impact of Twitter Bot Activity The research
Bitcoin’s price is currently facing a challenging time as it moves lower, falling below the $29,500 mark. However, there is still hope for a potential increase if the resistance level of $30,000 is breached. This article analyzes the current state of Bitcoin and explores the possibilities of a reversal. Bitcoin’s Downward Movement Bitcoin’s price has
In a bid to promote blockchain-based games and make them accessible to a wider audience, Gala Games has partnered with Elixir Games Launcher. This collaboration will not only introduce popular games like Town Star and Spider Tanks to the Elixir Games Launcher platform but also pave the way for more games to be included in
In the fast-paced world of cryptocurrencies, scammers are constantly finding new ways to exploit unsuspecting users. Changpeng “CZ” Zhao, the CEO of Binance, recently shared a near-miss scam incident, highlighting the need for increased vigilance. This article will discuss the scam tactic used by fraudsters and provide tips on how to protect yourself in the
Cryptocurrencies have been gaining popularity and attention in the financial world, and one such cryptocurrency that has stood out is Shiba Inu. What started as a meme currency has now solidified its market presence and is making waves with the highly anticipated ‘Shibarium’ launch on the horizon. Recent data reveals intriguing insights into the activities
The year 2023 has witnessed a notable stagnation in the number of active ERC-20 addresses, according to data from Etherscan. These addresses have remained within the range of 200,000 to 300,000, presenting little change despite fluctuations in Ethereum prices. As of August 2, approximately 275,000 active ERC-20 addresses were recorded, indicating a modest increase from
GameStop, the prominent gaming merchandise retailer, has announced its decision to remove its cryptocurrency wallets from the market starting November 1, 2023. These wallets were introduced by GameStop in the spring of the previous year and allowed users to manage digital assets and non-fungible tokens (NFTs). However, due to the regulatory uncertainty surrounding the crypto