After a period of bullish sentiment, the cryptocurrency market has seen a slight correction of more than 1% in the last 24 hours, signaling a cooling off in price movements. Bitcoin (BTC) remains steady around the $65,000 mark. Meanwhile, the Artificial Intelligence (AI) category has experienced notable corrections, with top tokens each losing over 5%…
The native token of the XRP Ledger, XRP, has seen a surge in bullish sentiments as its price climbed over 38% in just one week to surpass $0.6. This rally has elevated XRP to become the seventh-largest cryptocurrency by market capitalization. XRP’s recent performance has outpaced that of Bitcoin, Ethereum, and other major cryptocurrencies, attributed…
Dogecoin (DOGE), a prominent meme-inspired cryptocurrency, recently achieved a significant milestone by surpassing 90 million wallet addresses. This milestone comes during a period of crypto market recovery, where Dogecoin saw a 15% surge in just one week. According to data from IntoTheBlock, as reported by Bitcoinist, there are now 90 million wallet addresses holding Dogecoin…
In a July 17 blog post, Ethereum co-founder Vitalik Buterin cautioned against supporting political candidates solely based on their cryptocurrency views. He warned that this narrow focus could undermine the broader principles that underpin cryptocurrencies. Buterin noted the increasing role of crypto in politics, highlighting legislative efforts like MiCA in the EU and concerns over…
Polygon is advancing its network through its 2.0 roadmap to strengthen its zero-knowledge-based layer 2 chains ecosystem. Scheduled for September 4, the upgrade will transition the original MATIC token to POL tokens on the Polygon proof-of-stake (PoS) network. Launched on October 25 alongside the Ethereum contract for POL tokens, this upgrade aims to enhance the…
BlockFi, a cryptocurrency lending platform that ceased operations, is scheduled to commence creditor repayments in July. This comes 19 months after the company filed for bankruptcy. The collapsed crypto lending platform BlockFi will begin repaying its creditors in July, nearly two years after filing for bankruptcy following the dramatic collapse of the FTX crypto exchange….
Today, July 18, attention is once again focused on Shiba Inu coin, one of the largest meme coins by market cap. Recent on-chain data from Whale Alert shows that over 5 trillion SHIB coins were transferred from an Indian crypto exchange to another address. This development has sparked widespread discussion in the cryptocurrency community, especially…
Solana’s price has reached $160 after a 13% increase this week, marking a positive turn following recent struggles. Discussion of a Solana ETF has revived demand, driven by high buying pressure. Technical indicators suggest potential further gains to $175, although concerns about $3 billion in liquidations loom if prices correct sharply. The crypto market’s recent…
Polkadot (DOT) has been steadily rising over the past week, recovering from an intra-day low of $4.94 on July 5. Although it has seen some volatility, DOT’s recent performance has been encouraging for traders and market watchers. The cryptocurrency is now approaching the $6.50 mark, and many are hopeful it will break above this level…
Former U.S. President Donald Trump has suggested he might appoint JPMorgan Chase CEO Jamie Dimon as Treasury Secretary if he wins reelection. Dimon has been a vocal critic of Bitcoin, calling it a ‘fraud’ and arguing that it lacks the essential qualities of a currency. Meanwhile, Trump has recently shown a growing interest in cryptocurrency,…
The US Commodity Futures Trading Commission (CFTC) and FTX have reached a $12.7 billion settlement to resolve their lawsuit. This settlement will be used to repay FTX’s creditors. The deal, which needs court approval, includes $4 billion in disgorgement fees—money FTX must give up from profits made through illegal activities—and $8.7 billion in restitution fees…
Shiba Inu (SHIB) is experiencing a strong upward trend, showing promising signs of a major rally. In the past 24 hours, SHIB’s price has increased by 3.54%, reaching $0.00001937. This recent surge follows a week where the token’s price has climbed by as much as 16.62%. With this continued positive performance, SHIB is poised to…
BinaryX plans to burn 74% of its BNX tokens to boost their value and support long-term growth. This move aims to improve the token’s value and benefit the community and investors. A key community vote is upcoming, highlighting the importance of decentralized decisions. All BNX token holders are encouraged to vote to shape BinaryX’s future….
Shiba Inu (SHIB) has shown a notable recovery over the past week, though traders are predicting a potential decline in its price. Currently, SHIB is up by 2% over the last 24 hours, trading at $0.0000194. The asset briefly peaked at a one-month high of $0.00002 on July 16 before correcting to $0.0000187 a few…
Arthur Hayes’ Maelstrom has launched a Bitcoin Grant Program to support technical development. Developers can apply for grants ranging from $50,000 to $150,000 by August 25. The program has an annual funding limit of $250,000 per developer to support a variety of innovations. Arthur Hayes’ family office fund, Maelstrom, has started the Bitcoin Grant Program…
The crypto community is buzzing after former U.S. President Donald Trump recently spoke about the industry. Trump is pushing for the U.S. to lead in the global cryptocurrency race, stressing its strategic importance. In a recent Bloomberg interview, he showed a more favorable attitude towards crypto and hinted at his future plans for the industry….
Binance has responded to Bloomberg Businessweek’s Chinese edition, which apologized for false accusations against Binance founder Changpeng Zhao (CZ). The apology addresses a misleading cover story. This retraction has sparked discussions about media responsibility and the challenges of accurate reporting in the fast-changing world of digital currencies. Binance Responds to Bloomberg’s Apology Binance, the world’s…
Worldcoin has updated its token unlock schedule, causing the WLD price to rise 30% in just 24 hours. The project, led by Sam Altman of OpenAI, will unlock tokens for early contributors on July 24. Additionally, the unlock period for 80% of the tokens held by the team has been extended from 3 years to…
In the ongoing legal battle over Bitcoin’s creator, the U.K. High Court has released a new judgment and some injunctions in the case involving Craig Wright. Wright has long claimed to be Satoshi Nakamoto, the pseudonymous creator of Bitcoin. In a judgment released on July 16, Judge James Mellor approved the injunctions requested by COPA….
XRP has jumped 35% this week, and some traders are predicting a breakout. They are looking at a long-term trend they’ve noticed on the price chart. Crypto traders are excited about XRP’s 35% price increase over the past week, with many wondering if the cryptocurrency might be on the verge of a breakout. XRP’s Surge…