Bitcoin (BTC) has experienced a remarkable 5% increase in value within the last day, bringing it closer to the highly anticipated $60,000 mark. The surge in price is attributed to a surge in investor interest in the world’s largest cryptocurrency, reaching levels not seen since the boom of 2021. The recent spike in demand coincided
In a time where the digital world continues to influence and intersect with traditional art forms, the collaboration between Robinhood and Notable.art stands out as a prime example. The partnership aims to bring the work of prominent artist Hunt Slonem to a wider audience through the utilization of Non-Fungible Tokens (NFTs). This innovative approach bridges
The Chamber of Digital Commerce recently filed an amicus curiae in defense of crypto exchange Kraken in response to a lawsuit brought forth by the US SEC. The purpose of the amicus brief is to challenge the SEC’s attempts to regulate the digital asset industry through enforcement actions rather than legislative authority. The Chamber emphasized
Cardano (ADA) is showing promising signs of breaking into new price levels in the near future. The on-chain data and adoption growth are strong indicators of this potential rise. The creation of new wallets on the Cardano blockchain has experienced significant spikes on several days since the beginning of February, suggesting a possible influx of
The price of Bitcoin has recently skyrocketed, surpassing $56,000 and reaching nearly $57,000 according to CoinGecko’s data. This surge has pushed the market capitalization of Bitcoin over the $1.1 trillion mark. Despite already being up over 135% in the past year, many prominent investors and analysts believe that Bitcoin is just at the beginning of
Pepe Coin (PEPE) has seen a significant surge in price, up close to 50% in the past 24 hours. Currently priced at around $0.00000227, the momentum has been building since breaking above the $0.0000019 resistance level. With the potential to return to its previous record highs around $0.0000045, there is a near-term upside potential of
The Bitcoin Fear & Greed Index has recently surged to its highest level in almost three years, reaching the point of Extreme Greed at a rapid pace. This index serves as a measure of investor sentiment and provides insights into how investors perceive the market. With categories ranging from Extreme Fear to Extreme Greed, the
HTX, previously known as Huobi, has resubmitted its application for a Virtual Asset Trading Platform (VATP) license in Hong Kong. The Securities and Futures Commission (SFC) website confirmed this move, which comes after HTX withdrew its initial application without explanation. The reinitiation of the application process on Feb. 26 indicates a renewed effort by the
Crypto analyst Rager recently shared some valuable insights for investors looking to navigate the volatile world of Bitcoin and Ethereum. In a series of social media posts, Rager highlighted the importance of timing in the current market cycle. He pointed out that the upcoming Bitcoin Halving event could present a significant opportunity for savvy investors
Shiba Inu, the second-largest meme coin by market capitalization, has recently seen a significant increase in daily active addresses. This surge, with over 3,500 daily active addresses, represents a 13% increase. The rise in active addresses indicates a growing interest in the asset and potentially a higher demand from investors. This trend could have a
The world of NFTs has been buzzing with excitement over the upcoming release of the popular game, Dookey Dash. Originally launched as an exclusive game for NFT owners only, Dookey Dash is now set to make a comeback this spring with a free-to-play version called “Unclogged.” This transition from a restricted gameplay model to one
In a bold move, a group of Senate Republicans, led by Senator Ted Cruz of Texas, is making legislative moves to limit the Federal Reserve’s ability to introduce a central bank digital currency (CBDC). This action is causing a stir in the political sphere, with implications for the 2024 presidential campaign discussions. The proposed bill,
The recent network outage on the Solana blockchain has caused a ripple effect in the world of cryptocurrency investment. After experiencing steady inflows throughout the year, Solana-based investment products faced a setback with a bug that caused transactions to enter an infinite loop, ultimately affecting the network’s functionality. This incident led to a significant drop
As the price of Bitcoin continues to stabilize and the markets experience a level of uncertainty, the crypto community is divided on the future of BTC. Some are predicting a crash, while others are optimistic about a potential upward surge. One such individual is Crypto Jelle, a well-known Cryptocurrency analyst and investor, who recently shared
Shiba Inu ($SHIB) investors are turning their attention to a new potential investment opportunity in the form of Scotty the AI ($SCOTTY). This new meme coin is gaining popularity due to the promising gains it offers to early presale buyers, with the potential of up to 1989%. Scotty the AI is a dog-inspired meme coin
The rise of Bitcoin ETFs in the investment world has been nothing short of remarkable, with analysts at Bloomberg suggesting that they could soon outpace gold ETFs in terms of assets under management. According to Bloomberg ETF analyst Eric Balchunas, Gold ETFs have been experiencing a decline in recent weeks while Bitcoin ETFs have seen
The Hong Kong-based cryptocurrency exchange BitForex has plunged into darkness, leaving its users in a state of panic. The suspension of its website and trading application on February 23 has rendered users unable to access their funds or the exchange itself. What is even more alarming is the fact that the exchange, which boasted a
The recent launch of Frog Wif Hat Token ($FWIF) on Uniswap has caused quite a stir in the crypto community. With a price surge of 226% in just a few minutes, many investors are eager to jump on board and ride the wave. However, before diving in, it is crucial to take a closer look
Ethereum’s recent price surge has caught the attention of investors as it surpassed key resistance levels, marking a significant milestone by breaching the $3K mark. This upward movement reflects a prevailing bullish sentiment in the market, with the $3.6K yearly swing high identified as the next target for ETH. Analyzing the daily chart confirms Ethereum’s
The collaboration between OVERDARE, KRAFTON, NAVER Z, and Circle Internet Financial is set to transform the mobile gaming sector for user-generated content. By leveraging Circle’s Programmable Wallets, game content creators can now easily create secure in-game Web3 wallets to receive direct USDC payouts. This marks a significant advancement in the industry, promising a more streamlined
The Saudi Ministry of Culture has recently unveiled a groundbreaking initiative in collaboration with droppGroup and Oracle – the ‘Cultural Universe’. This national Metaverse project is designed to offer a digital platform for exploring Saudi culture and heritage in an immersive and engaging manner. By incorporating advanced technologies such as AI, blockchain, and virtual reality,
The recent surge in large Ethereum (ETH) purchases from a wallet potentially linked to Justin Sun, the founder of TRON blockchain and CEO of BitTorrent, has sent shockwaves through the cryptocurrency community. The suspected wallet has acquired a total of 168,369 ETH, valued at approximately $487 million, in just a span of two weeks. This
The recent surge in FOMO coin’s price has captured the attention of many investors looking to capitalize on the meme coin craze. With an astounding +80,114% price explosion, FOMO coin seemed to be the next big thing in the crypto world. However, a closer look reveals that this rapid price increase may have been fueled
The outflows from Grayscale’s Bitcoin Trust (GBTC) have shown signs of slowing down, indicating a shift in investor sentiment towards the popular Bitcoin ETF. After weeks of elevated outflows totaling over $7.44 billion, investors pulled just $436.2 million of Grayscale’s Bitcoin Trust last week. The daily outflows dropped steadily over the course of the week,
The recent -5.3% price drop in the decentralized Internet Of Things network Helium has raised concerns among investors. Despite a staggering +227% growth over the past 3 months, HNT is currently trading at $8.18 with a 24-hour change of -2.34%. The retreat from a local high of $11.05 on February 15 to below the 20DMA
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
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