Bitcoin Price Volatility Slowing Down The Calm After the Storm Bitcoin (BTC) price volatility is slowing down as the coin’s capitulation continues. At the time of writing, Bitcoin’s price was changing hands for $84,278.83 as it pared off the losses accrued in earlier trading. The cryptocurrency market has been experiencing
Germany’s BaFin Bans Ethena’s USDe Token Sales Regulator cites approval process flaws and MiCAR noncompliance In a recent move, Germany’s financial regulator BaFin has enforced a ban on Ethena GmbH’s USDe Token sales. The regulator cited approval process flaws and noncompliance with MiCAR regulations as the reasons for the ban.
A day ago, several reports claimed that TON had secured $400M in funding from elite VCs, sparking a potential strategic pivot in the L1 race What Happened? Various accounts on X, formerly Twitter, shared the news after misunderstanding a previous post by the TON Foundation X account. The initial post
Weekly Crypto Regulation News Roundup SEC Ends Ripple Lawsuit, Trump Advocates for Stablecoin Regulation By Cryptonews Reporter This week in the world of crypto regulation, we have seen some major developments that are shaping the future of the industry. The Securities and Exchange Commission (SEC) has finally put an end
A Solo Miner’s Struggle: Processing Bitcoin Blocks The Reward of Bitcoin Mining Bitcoin mining is the process of validating transactions on the Bitcoin network and adding them to the public ledger, known as the blockchain. Miners compete to solve complex mathematical puzzles in order to mine a new block and
The Expansion of Coinbase’s Listing Roadmap: Three New Ethereum-Based Altcoins Added Introduction Coinbase, one of the top US-based crypto exchange platforms, has made waves in the digital currency world by announcing the addition of three new Ethereum (ETH)-based altcoins to its listing roadmap. This strategic move is premeditated to potentially
A crypto market technician is currently debating whether Bitcoin has reached its peak in this bull cycle, as technical indicators are pointing towards a potential loss of momentum. The analysis report underscores key technical indicators such as the Relative Strength Index (RSI), which has failed to reach past extremes. This
My Journey into the World of Bitcoin Understanding the Shift in Perception My parents once dismissed Bitcoin as “made-up internet money”, yet they are increasingly asking me how to gain exposure to the digital currency. This shift in perception is emblematic of the changing landscape of finance and technology, where
Bitcoin Pushes to $87,000 Before Losing Steam On Thursday, Bitcoin underwent a slight push to the $87,000 threshold as the entire crypto market gained traction following key news and developments in the sector. After the brief surge, the flagship seems to be losing steam. The Rise and Fall of Bitcoin
The Ethereum Network Transaction Fees Decline Significantly Introduction Recent data from the blockchain analytics platform IntoTheBlock indicates that the total transaction fees accrued by the Ethereum network have dropped by approximately 50% over the past seven days. This decline in transaction fees is directly correlated with a significant slowdown in
Coinbase’s Potential Acquisition of Deribit: A Game Changer in the Crypto Industry The Rumored Deal Recent reports have suggested that Coinbase, one of the largest and most well-known cryptocurrency exchanges in the world, is in talks to acquire Deribit, a leading platform for crypto derivatives trading. While nothing has been
Dogecoin Price Fluctuation: A Detailed Analysis The Recent Drop in Dogecoin (DOGE) Price During the last month, we witnessed a significant 30% decrease in Dogecoin (DOGE) price, with the cryptocurrency hitting its peak value of $0.47 in November 2024. Several factors contributed to this sudden drop, including market bearishness and
Latest Shift in Dogecoin Investor Profile Dramatic Changes in Cryptocurrency Market Recent reports have indicated a significant shift in the Dogecoin investor profile, with fewer individuals holding cryptocurrency valued at $1 million or more. This change comes at a time when the overall cryptocurrency market is experiencing corrections and price
PumpSwap Introduces Zero-Fee Token Migrations and Creator Revenue-Sharing Model A Threat to Raydium PumpSwap, a decentralized finance project, has recently announced the introduction of zero-fee token migrations and a creator revenue-sharing model. This move is expected to shake up the DeFi space and pose a direct threat to competitors like
US Treasury Removes Tornado Cash From OFAC Sanctions List What happened? The US Department of Treasury has recently removed Tornado Cash from the Office of Foreign Assets Control (OFAC) Sanctions List. Tornado Cash is an Ethereum-based smart contract mixer that allows users to enhance their privacy by mixing their transactions
Ripple (XRP) Price Tumbles Below $2.40 Amid Trump’s Call for Stablecoin Legislation What Happened Ripple (XRP) price tumbled below the $2.40 mark on Friday, down 3% from the $2.6 weekly time frame peak recorded after Trump’s appearance at the Blockwork’s Digital Asset Summit on Thursday. Market indicators suggest XRP traders
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