Cryptocurrency News
Bitcoin encountered a minor setback, experiencing a $1,000 drop (-2.3%) on Monday. Notably, F2Pool deposited 1,000 BTC ($43.96 million) to Binance during this period, contributing to the slight decline, following a similar deposit two days prior. Why did the price of $BTC drop $1K (-2.3%) in the last 7 hours? […]
Tectum Emission Token ($TET), operating on Tectum’s native blockchain with an impressive transaction capacity of 1.3 million, offers a range of utilities.Ā This includes minting SoftNote Bills, enjoying reduced merchant fees, creating T12-20 standard project tokens. Then, accessing various Tectum/CrispMind products. The token empowers users to navigate the realm of […]
In a significant stride towards embracing innovative digital currency solutions, Nigeria is gearing up for the launch of the compliant Nigeria Naira (cNGN) stablecoin. This will launch on February 27, 2024, as announced by the Africa Stablecoin Consortium (ASC). Comprising fintechs, financial institutions, and blockchain professionals in Nigeria, the consortium […]
Ethereum, the second-largest cryptocurrency by market capitalization, exhibited a brief upswing today, instilling confidence among investors. However, a notable transaction occurred amid a marginal dip in the token’s value, shedding light on the ongoing battle between bullish and bearish sentiments. Paradigm, an institutional liquidity network, executed a deposit of 6,500 […]
In the past 24 hours, Celestia’s native token, $TIA, surged from a low of $14.68 to hit an all-time high (ATH) at $17.23, currently experiencing a slight dip to $15.46 at press time. Despite this minor decline, Celestia has exhibited remarkable growth, boasting a weekly chart increase of over 28%. […]
As cryptocurrency prices experience an upward trend, Ethereum is making significant strides towards its local peak resistance level of $2,444. An intriguing aspect of this ascent is the notable absence of exchange whales, while substantial accumulation is observed among the largest non-exchange Ethereum whales. š³ #Ethereum has continued working its […]
BitMEX Co-Founder, Arthur Hayes (@CryptoHayes), recently conveyed his perspective in a comprehensive post, urging caution among traders amidst the current cryptocurrency bull market. In his analysis, Hayes emphasized the need for tempered enthusiasm, asserting that the crypto bull market is still in its early phases. He drew a parallel between […]
As the cryptocurrency space continues to thrive, all eyes are on the potential approval of a Bitcoin Spot Exchange-Traded Fund (ETF) by the US Securities and Exchange Commission (SEC). In the midst of this, Cardano (ADA) has emerged as a noteworthy player in 2024, showcasing significant market momentum through increased […]
$LDO, the native token of theĀ prominent liquid staking platform Lido DAO, has been on an impressive upward trajectory, surging by 15% within a week to reach its yearly high at $3.46. Lido DAO, known for its liquidity staking protocol, offers Ethereum holders the ability to stake their assets in a […]
Data from 2023 indicates a substantial influx of $2.25 billion into digital asset investment products, marking it as the third-highest year since 2017. While 2020 and 2021 outpaced 2023 with $6.6 billion and $10.7 billion, respectively, the recent surge signifies a noteworthy recovery from the lower inflows observed in 2022, […]
Render $RNDR has been generating considerable buzz in the cryptocurrency community, reaching a yearly high in the past 30 days. However, the enthusiasm surrounding $RNDR has been tempered by a recent slight decline in its price, noticeable both over the week and in the most recent 24-hour chart. The token […]
Recent revelations from Spotonchain indicate that MakerDAO’s governance token, Maker (MKR), has experienced a fresh wave of accumulation. This accumulation, taking place in the final week of 2023, hints at a potentially bullish trajectory for MKR in the upcoming year, 2024. According to Spotonchain’s latest indicators, a group of five […]
Today, reports from BeosinAlert reveal that Radiant Capital fell victim to a flash loan attack, resulting in a substantial loss of $4.5 million. The attack exploited a vulnerability in the contract, specifically manipulating the index parameter, which, later on, served as a denominator. Radiant Capital @RDNTCapital was under a flash […]
In a surprising turn of events, Matrixport’s latest report has cast a shadow over the crypto market, suggesting that the U.S. Securities and Exchange Commission (SEC) is poised to reject all Bitcoin spot exchange-traded funds (ETFs) in January.Ā Matrixport predicts that final approval might not materialize until Q2, coupled with […]
The Shiba Inu (SHIB) token blockchain is currently witnessing a staggering surge in whale transactions. Particularly those amounting to $100,000 or more, which skyrocketed by an astonishing 1,314% in the last 24 hours. Large transactions involving $SHIB, valued at $100,000, have skyrocketed the price surge by 1,314% within the last […]
The escalating risks to the security of web3 have become significant concerns for the future of this decentralized internet paradigm. Beyond the financial implications, the losses incurred from hacking attempts on web3 and smart contracts have cast doubts on the dependability of this emerging technology.Ā Globally, the perception of web3 […]
Today, Bitcoin, the largest cryptocurrency by market value, surpassed the $45,000 mark, reaching a notable $45,899 level. Investors’ optimism about the potential approval of spot Bitcoin Exchange Traded Funds (ETFs) in the US played a substantial role in driving this notable surge. Several factors, including the influx of funds into […]
MetisDAO has experienced a substantial surge in its ecosystem, marked by strategic moves, particularly the introduction of a $360 million incentive program. The Ecosystem Development Fund (EDF), recently disclosed by the MetisDAO Foundation, amounting to 4.6 million METIS (which is equivalent to over $360 million), stands out as a pivotal […]