Upon reviewing the latest analysis video by the cryptocurrency analyst behind More Crypto Online’s YouTube channel, it is acknowledged that ADA’s price has shown signs of upward momentum. However, the analyst remains skeptical about the sustainability of this uptrend. The main reason behind this skepticism is the lack of evidence presented in the recent green
In a surprising turn of events, the ZKGROK token ($ZKGROK) has experienced an overnight surge of 130x. This unprecedented increase has catapulted the token to the third spot on DEXtool’s hot pairs. The remarkable performance can be attributed to the ZKGROK token’s association with the well-known GROK token, which gained traction in November and operates
The United States Securities and Exchange Commission (SEC) has recently announced a delay in the decision to approve Ethereum exchange-traded funds (ETFs) from several asset management firms. This news has generated significant interest within the crypto community and has raised questions about the future of ETFs in the cryptocurrency market. The SEC has issued delay
After a tumultuous few days in which Bitcoin struggled to overcome the $43,000 level, the primary cryptocurrency finally experienced a notable leg-up. In the past several days, Bitcoin traded south, dropping to around $40,500, and failed to make significant progress. However, the bears were outnumbered as the bulls came out to play, resulting in a
BlackRock, one of the prominent asset managers in the financial industry, has submitted a new amendment to its S-1 filing for the iShares Bitcoin Trust – a spot Bitcoin ETF. This filing, made on December 18, brings several noteworthy changes and provides insights into recent discussions between BlackRock and the U.S. Securities and Exchange Commission
Bitcoin’s recent rally above $44,000 was met with resistance at nearly $45,000, leading to a significant price retracement. Market analytics platform CryptoQuant suggests that profit-taking by a specific group of investors might be responsible for this downward trend. By analyzing on-chain data, CryptoQuant’s analyst Yonsei discovered that short-term holders and the investor cohort holding their
Aurory (AURY), a blockchain-based tactical Japanese role-playing game built on Solana (SOL), recently experienced a significant liquidity loss in its Camelot’s AURY-USDC pool. This loss was the result of a hack on the SyncSpace bridge, which allowed the unauthorized withdrawal and subsequent market sale of approximately 600,000 AURY tokens on the Arbitrum (ARB) network. In
Bonk Inu (BONK), the latest sensation in the cryptocurrency market, has been generating substantial buzz recently. With its rapid price swings and association with Solana, BONK has caught the attention of many, including Arthur Hayes, the co-founder of BitMEX. Hayes took to Twitter to praise BONK’s valuation performance and even suggested that it could surpass
The UK Treasury has recently taken a significant step forward in creating a conducive environment for innovation in the crypto industry through the introduction of Digital Securities Sandbox (DSS) regulations. These regulations, aimed at overcoming existing regulatory obstacles, will enable companies and regulators to test new technologies in financial markets, particularly distributed ledger technology (DLT)
Bitcoin, the leading cryptocurrency in terms of market capitalization, is experiencing a setback after a series of gains. This recent retracement could potentially push the price back down to the $30,000 range. As of now, Bitcoin is trading at $40,950, reflecting a 2% loss in the past 24 hours. On a weekly basis, the cryptocurrency
Keywords Studios, a leading provider of technical services to the global video game industry, has recently acquired The Multiplayer Group (MPG), the gaming division of Improbable, in a deal worth £76.5 million ($97.1 million). This strategic move allows Keywords Studios to enhance its ‘Create’ division by incorporating MPG’s extensive expertise in multiplayer game development. With
The cryptocurrency market has been experiencing a significant pullback after a month-long rally, but amidst this downturn, a few altcoins have managed to defy the bearish trend. Stacks (STX) is one such altcoin that has not only resisted the market’s downward pressure but also continued to show positive momentum. According to Coingecko, STX has witnessed
The fear of missing out (FOMO) is a powerful force that drives activity among seasoned crypto investors. When new cryptocurrency projects announce token presales, FOMO often strikes, leading to a frenzy of speculative investments chasing potential exponential gains. The recent price action surrounding BRC20 projects like Multibit (MUBI) and rats Ordinals (RATS) has only magnified
Revolut, a popular financial technology company, has recently announced a temporary halt to its cryptocurrency trading services for its business clients in the United Kingdom. The decision comes in response to projected regulatory modifications set to be implemented in early 2024. This move reflects Revolut’s commitment to adapt its business crypto offerings to meet the
Shiba Inu (SHIB) has been experiencing a significant decline in performance, resulting in a major drop in price. Following a rejection from upper trendline resistance, the SHIB price fell by 11%, leading to concerns among investors who are now questioning whether SHIB will plummet to zero. This downward movement has prompted a large amount of
In an industry filled with uninspiring titles and repetitive gameplay, SpaceCatch is defying the norms and revolutionizing the gaming industry. This blockchain-based game combines cutting-edge technologies like blockchain, Augmented Reality (AR), Virtual Reality (VR), and Artificial Intelligence (AI) to create an immersive and innovative gaming experience. With its unique features and groundbreaking concept, SpaceCatch is
Cryptocurrency analyst behind the Austin Hilton YouTube channel recently shared a bearish near-term outlook for Cardano (ADA) token. This article will explore the reasons behind the analyst’s predictions and the potential impact on the market. The analyst’s analysis heavily relies on the Elliott Wave Analysis, which is a technical analysis method that predicts future price
Bitcoin’s remarkable performance in the market this year has sparked speculation among experts and analysts about the potential for the cryptocurrency to reach new heights. One analyst who believes in the possibility of Bitcoin skyrocketing to an impressive mark of $100,000 is DonAlt, the creator of the popular YouTube channel Technical Roundup. DonAlt suggests that
In a momentous turning point for the blockchain industry, Solana’s decentralized exchanges (DEX) briefly overtook Ethereum’s trading volume on December 16. According to data from DeFillama, Solana’s DEX trading volume reached $1.536 billion, surpassing Ethereum’s $1.164 billion during this period. The community celebrated this milestone, with Anatoly Yakovenko, Solana’s co-founder, expressing his excitement by stating,
FTX Debtors recently filed an amended Chapter 11 reorganization plan on December 16th, which has raised concerns about potential financial losses for the defunct crypto exchange’s creditors. The plan proposes valuing the creditors’ claims at the crypto prices on November 11th, 2022, the day FTX filed for bankruptcy. This decision seems questionable, especially considering the
FTX Debtors recently submitted an amended Chapter 11 reorganization plan, putting the spotlight on the potential losses that the defunct cryptocurrency exchange’s creditors may face. The plan suggests valuing the claims of these creditors based on the cryptocurrency prices recorded on November 11, 2022, the day FTX filed for bankruptcy protection. Unfortunately, this particular date
Decentralized finance (DeFi) has been on the rise in recent years, with cryptocurrency markets experiencing a surge of interest and activity. While decentralized exchanges (DEX) have traditionally had lower trading volumes compared to centralized exchanges (CEX), the recent market rally has led to an increase in DEX activity, albeit at a somewhat slower pace. Major
In a shocking turn of events, the United States Department of Justice (DOJ) has unearthed a crypto Ponzi scheme that defrauded investors of an estimated $25 million. The masterminds behind this elaborate scam are none other than 51-year-old David Gilbert Saffron of Australia and 52-year-old Vincent Anthony Mazzotta Jr. of California. Their fraudulent crypto investment
The recent market-wide resurgence in the cryptocurrency sector has left investors disappointed with XRP’s lackluster performance. While other altcoins were able to reach new highs, XRP struggled to leverage the Bitcoin uptrend to the $44,000 mark. As a result, it experienced a significant drop in value alongside the rest of the market. Despite a brief
Cardano (ADA) has experienced a staggering growth in its decentralized finance (DeFi) space, as evidenced by its total value locked (TVL) reaching $431.44 million on Dec. 15, 2023. This represents a significant increase from $188.65 million recorded on Oct. 17. The surge reflects a remarkable growth rate of 180.636% within this timeframe. It is noteworthy
In recent years, Bitcoin has captured the attention of investors, traders, and enthusiasts around the world. The volatility and potential for significant gains in the cryptocurrency market have made it an attractive investment option. Chief analyst of Singaporean exchange Bitget, Ryan Lee, has offered his predictions for Bitcoin’s price in 2024. This article will analyze
VeChain (VET) has been a subject of discussion among crypto analysts lately, with predictions of a massive rally that could send its price soaring to $2.3. This article delves deep into the analysis conducted by popular crypto analyst EGRAG, who has outlined his bullish targets for the coming year. In this article, we will scrutinize