Cryptocurrency News
The evolution of the cryptocurrency and NFT market has shown that NFTs that do not have a community proposal quickly lose their value as they are not based on tangible benefits but only on FUD and speculation. Furthermore, offering APYs with extreme profitability, as happened with UST/LUNA, turned out to […]
After yesterday’s bullish rebound where Bitcoin and Ethereum prices saw significant price growth, the momentum is currently dying, with BTC and ETH prices retracting a few percent. Bitcoin is struggling to hold the $20k support level while Ethereum is attempting to stay afloat above $1k. The recent bearish momentum is […]
After experiencing a massive sell-off that saw the price of Bitcoin trade sub $17K, The King Cryptocurrency is now making recoveries into the $21k levels. Today’s live Bitcoin price is $21,497.40 with a 24-hour trading volume of $33,593,846,614 USD. Bitcoin is up 3.86% in the last 24 hours. The current […]
Bitcoin price is up over 4% today as the cryptocurrency continues to rally past the $21k mark, currently trading at $21,546. Major cryptocurrencies like Ethereum, Cardano, XRP, and Solana are also showing substantial price growth, with SOL gaining upwards of 10% in the past 24 hours. The bullish momentum this […]
There’s been an uproar and criticism against the Bored Ape Yacht Club NFT recently. BAYC is a collection of 10,000 Bored Ape NFTs, unique digital collectibles living on the Ethereum blockchain. Each Bored Ape is unique and programmatically generated from over 170 possible traits, including expression, headwear, clothing, and more. […]
It’s been eight days since Celsius Network Halted Swaps, Transfer, and Withdrawal, citing extreme market conditions. This came as the Crypto Market was experiencing a massive sell-off that saw Bitcoin hitting $17k low levels. Celsius had reportedly stopped users from withdrawing from the network, which caused some uproar in the […]
The crypto world is no stranger to market manipulation. In fact, it’s something that happens on a regular basis. The most recent example is the story of BitConnect, which promised guaranteed returns of up to 40% per month. Of course, this was too good to be true and the platform eventually collapsed, taking billions of dollars […]
Several projects have shown substantial growth in the past 24 hours, with cryptocurrency markets recovering from this weekend’s selloff. Some Metaverse and NFT projects gained over 45% today, signaling plenty of momentum and traders waiting on the sidelines, ready to buy the dip. Today we look at the top two […]
As recession fears pushed stock markets and cryptocurrencies to two-year lows last week, things are looking better this Juneteenth, as a federal holiday observes the end of slavery in the United States. Stock markets are closed today, which provides an extra day for cryptocurrencies to show bullish momentum and regain […]
The cryptocurrency market is witnessing a tremendous selloff, with most assets losing more than 40% of their value in less than 24 hours. Bitcoin’s price is currently challenging the 2017 all-time high range of $17,500 to $20,500 and is constantly shadowing lower prices, indicating that sellers are exerting excessive pressure. […]
After a scary correction this Saturday, with the Bitcoin price dropping to a low of $17.9k, the BTC price is recovering again, currently trading at $19.4k. Ethereum also recovered after dipping to $900, currently trading at $1k, up over 5% in the past 24 hours. The market saw a significant […]
After French Montana announced the release of an exclusive NFT collection – the “French Family”, NullTx sought out more information and uncovered details that will make the collection much bigger than BAYC or any collection of NFTs currently existing on Ethereum, Polygon, Solana, or any blockchains. NullTx reached out to […]
After incurring significant losses earlier this week, the Bitcoin and Ethereum prices managed to hold support this Thursday as stock markets jumped Wednesday afternoon briefly amid the Fed raising interest rates by 75 basis points to fight inflation. The last time interest rates were as high as they are right […]
Another algorithmic stablecoin appears to be in danger of losing its peg following the UST-Terra debacle. Investors are also currently in fear of having to face the same fate as Terra’s UST historical fall. USDD is a stablecoin that runs on TRON’s blockchain and has a similar algorithm to UST […]
The crypto-lending firm Celsius, which offers high-yield returns on user deposits, appears to be the latest to falter in the face of tightening financial conditions. It also came barely one month after the Terra-Luna stablecoin network collapsed. Background Celsius Network is a blockchain-based lending platform accessible through a free mobile […]
Even with the Fed raising interest rates by unprecedented amounts, last week’s Consumer Price Index (CPI) numbers showed a further 6% gain. Record gas prices continue to drive inflation at an incredible rate, causing uncertainty in global markets. Since the Bitcoin and Ethereum prices continue to follow stock market actions, […]
Wrapped Luna Classic (WLUNA) is an Ethereum token designed to represent Terra (LUNA) on the blockchain. It’s not LUNA but a distinct ERC-20 token created to track the value of LUNA. Wrapped Luna Classic was intended to allow LUNA holders to trade, hold, and engage in Ethereum-based decentralized finance (DeFi) […]
As expected, this week, the stock market opened in a bear market, with the Dow losing 876 points, S&P falling into bear territory, and the Nasdaq selloff continuing. Bitcoin and Ethereum saw significant bearish momentum on Monday, which continued through Tuesday, with the Bitcoin price losing nearly 25% this week […]