While many are familiar with inflation, which indicates a decline in currency purchasing power alongside a general rise in the cost of goods and services in an economy, there is a common misconception that inflation is natural. In reality, it is largely driven by an increased money supply, manipulation of interest rates, and quantitative easing […]
On Sunday, Loopring, an Ethereum zero-knowledge roll-up protocol, announced a significant security vulnerability attack on its smart wallets, linked to the Loopring Official Guardian. The project is collaborating with security and law enforcement agencies to investigate how the two-factor authentication system was compromised and to track down the cybercriminals. Loopring Official Guardian Exposed In a […]
Polkadot’s huge comeback seems inevitable during this cycle, although bulls will have to wait once more
The State of Wisconsin Investment Board recently announced the purchase of $99 million worth of IBIT shares, BlackRock’s spot Bitcoin ETF. This marks the first investment in Bitcoin ETF shares by a public pension fund. While this is the first time a state pension has bought shares of a Bitcoin ETF, it’s not the first […]
The plan, which passed after Bitfarms’ shareholder meeting, will complicate Riot’s effort but not necessarily stop it from succeeding.
The resurgence of cryptocurrency investments is a testament to the transformative potential of blockchain technology … Crypto Profit Investment In …
Bitcoin (BTC) seems poised for a major breakout, if prominent analysts are to be believed. The world’s most popular cryptocurrency has been stuck in a consolidation phase for a record-breaking 87 days, but experts say this slumbering giant might be about to awaken with a vengeance. Charting A Course For Breakout Faibik, a well-known crypto […]
Australian rapper Iggy Azalea, co-founder of a telecommunication company, has announced the relaunch of the company with a unique twist. In a recent social media post, Azalea revealed that customers will now be able to purchase phones and month-to-month cell plans using $MOTHER or Sol. This move is part of a broader effort to increase […]
BlockDAG’s Keynote 2 Sparks Buzz; 1000% Surge Wows Influencer, Solana Mints Surge & Bitcoin Cash Experiences Investor Caution The token creation on the Solana blockchain has seen a significant increase, driven by its efficient transaction capabilities and low operational costs. These are particularly attractive to developers focused on meme coin projects. In contrast, despite its […]
Mike ter Maat spoke with Cointelegraph on the role digital assets might play in the 2024 U.S. presidential elections, the Fed looking into CBDCs, and Donald Trump’s conviction.
TL;DR Bitcoin fluctuated between $68,500 and $72,000, stabilizing at $69,500. Analysts predict a possible rise to nearly $90,000 despite current instability. The meme coin Brett (BRETT) hit an all-time high of $0.20 and reached a market cap of $1.7 billion before slightly retracing. It is currently the 65th-largest cryptocurrency. Shiba Inu (SHIB) dropped 7% weekly […]
Crypto market sell-off has resulted in $410 million in liquidations
Bakkt, a cryptocurrency platform backed by the New York Stock Exchange (NYSE) owner, is exploring a potential sale or even a breakup, Bloomberg reported, citing “people familiar with the matter.” However, Bakkt did not confirm or deny anything officially. A Major Decision Incoming? The report outlined that the Georgia-based company has been working with financial […]
As of June 5, 2024, Solana was valued at $174 and had a market capitalization of $80 billion, making it the fifth-largest cryptocurrency.
Notcoin (NOT), a relatively new entrant in the cryptocurrency market, has recently formed a falling wedge pattern on its price chart. This technical formation is characterized by converging trendlines that slope downwards, signaling a potential bullish reversal. Typically, a falling wedge pattern occurs after a prolonged downtrend, indicating that the asset’s price is likely to […]
The Solana network is a popular home for meme coins and a new X thread has shown the wild tactics some founders have used in an effort to make money from their own token launch. One of the most recent meme coin launches saw a founder accidentally set himself alight, leading to serious burns to […]
Javier Gimenez, from the Paraguayan Ministry of Industry and Commerce, revealed that the government plans to take advantage of the energy sold to legal bitcoin mining operations. Gimenez stated that selling Paraguay’s energy to bitcoin mining companies is part of the government’s strategy, which seeks to rebuild its industry in three years as part of […]
Baby boomers hold $68 trillion in assets in the United States alone. Will that cash continue trickling into cryptocurrency markets for the foreseeable future?
A closely followed analyst says one altcoin flying under the radar may be trading well below its fair value. Pseudonymous analyst Inmortal tells his 214,300 followers on the social media platform X that he’s long-term bullish on Mythos (MYTH). Mythos is a multi-chain ecosystem that aims to democratize gaming for creators and players. According to […]
An analyst known for making contrarian crypto calls thinks that Bitcoin (BTC) is days away from igniting a big burst to the upside. Pseudonymous analyst Credible tells his 396,100 followers on the social media platform X that Bitcoin is likely due for one last leg down before a huge breakout. The crypto trader says BTC […]
The recent meltdown has put Arbitrum ARB in a more bearish condition as it lost a key level. While providing a discount for a long-term buy, it has found support and now decides on where next to head on a daily scale. After witnessing a short bounce, ARB saw a rejection at $1.28 earlier last […]
Amid painful liquidations, largest meme coins plummeting, with WSB cryptos posting double-digit losses
Binance, the world’s leading digital asset exchange, has reached 200 million users. This milestone comes alongside another notable achievement this year: the platform now holds $100 billion in user assets under custody. Binance Achieves Milestone of 200 Million Users The 200 million user mark represents a substantial portion of the global cryptocurrency user base, with […]
[PRESS RELEASE – Monaco City, Monaco, June 10th, 2024] Memereum, a groundbreaking Binance Smart Chain token, is excited to highlight the success of its ongoing presale for its innovative services. Memereum is designed to offer the first blockchain-based insurance, positioning itself as a potential next 100x crypto investment opportunity due to its robust technology backbone. […]
Cryptocurrency fever is sweeping South Africa, luring fans to explore the exciting realm of virtual currencies. Let's talk about the specifics of …
In an analysis, Moataz “Eljaboom” Elsayed, a crypto analyst and Forbes 40 under 40 nominee, has forecasted a significant surge in the value of Shiba Inu (SHIB). According to Elsayed, the meme-based cryptocurrency is poised for a potential increase that could see its value reach $0.00024, marking an unprecedented 1,105% gain from its current levels. […]
Bitcoin’s price stands at $69,352, within a 24-hour intraday range of $69,213 to $69,840. The leading crypto asset’s market capitalization is $1.36 trillion, with a 24-hour trade volume of $14.83 billion. Bitcoin The hourly chart for bitcoin (BTC) indicates a phase of consolidation with minor fluctuations. The price hit a high of $69,840 before retracting […]
Ahmad Shadid, one of the founders of io.net, left “effective immediately” but said it wasn’t related to allegations regarding his past.
Economist Henrik Zeberg says that the altcoin market is setting up for a parabolic run to new highs before the global economy witnesses a recession. Zeberg tells his 143,000 followers on the social media platform X that he’s looking at the TOTAL-ETH-BTC chart, which measures the entire market cap of crypto assets besides Bitcoin (BTC) […]
Former President, and current Republican candidate, Donald Trump has sought to position himself as the “crypto president” for his 2024 election campaign. Trump dubbed himself an industry champion at a San Francisco fundraiser attended by prominent tech and crypto leaders, raising $12 million for his campaign. Famous braggart, convicted felon, former US President and current […]
RektCapital observed Bitcoin converting a major resistance area into a new robust support level, marking a significant technical achievement. Bitcoin has formed a Re-accumulation Range resembling a Bull Flag pattern, indicating potential for continued upward price movement. Despite a mixed US employment report and strong dollar potential, upcoming CPI data could propel Bitcoin to new […]
Polkadot DOT faced resistance this week and posted a double-digit loss following a crackdown across the crypto space. This brought the price back to last month’s low, invalidating its recent bullish build-up. DOT halted its bullish continuation this week after failing to sustain buying above the $7.3 level, which is now held as resistance on […]