The US government recently announced its intention to sell a significant portion of its Bitcoin holdings, sparking concerns within the crypto community. This move has raised questions about the potential impact on the already bearish crypto market. The Department of Justice (DOJ) stated its plan to dispose of over $130 million worth of Bitcoin, which
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In the world of cryptocurrencies, Bitcoin often sets the tone for the entire market. As the leading cryptocurrency, its price movements can have a significant impact on altcoins like Ethereum. Crypto analyst Michael van de Poppe suggests that Bitcoin’s recent signs of bottoming out could be an indicator of an impending altcoin rally, potentially benefiting
In recent years, the concept of web3 social media platforms has garnered significant attention in the digital world. Web3 social media refers to social networking platforms that are built on blockchain technology, specifically utilizing the power and security of distributed ledger technology. Unlike traditional social media platforms, web3 networks are decentralized, eliminating the need for
In the fast-paced world of cryptocurrencies, Cardano (ADA) stands out from its contenders with its unique approach to blockchain technology. Unlike many other projects, Cardano prides itself on its commitment to “academic rigor” and “research-driven development.” By employing a methodical and evidence-driven approach firmly anchored in scientific research and academic thought, Cardano sets itself apart
The world is facing an alarming increase in greenhouse gas emissions, causing a devastating climate crisis that continues to inflict death and destruction on a global scale. Recent data from the National Oceanic and Atmospheric Administration (NOAA) paints a grim picture, revealing that levels of carbon dioxide, methane, and nitrous oxide in the atmosphere have
Cryptocurrency analysts have been closely monitoring the price movements of Ethereum (ETH) and making projections about its future performance. In particular, Elja on X, a renowned analyst, predicts that Ethereum will reach an astounding $15,000 by 2025 based on rigorous technical analysis. While the current bearish sentiment in the crypto market may deter some investors,
Changpeng Zhao, the renowned founder of the cryptocurrency exchange Binance, recently faced a significant setback when his request to travel to the United Arab Emirates was denied by a federal judge. This latest development adds to the series of challenges he has encountered in recent months. The Request and Rejection In his bid to travel
Chinese investors have not let the government’s ban on Bitcoin deter them from pursuing investments in the cryptocurrency. Despite the ban’s implementation in 2021, Chinese capital continues to flow into Bitcoin, as reported by Reuters today. One such investor is Dylan Run, a finance executive in Shanghai, who turned to Bitcoin in early 2023. Concerned
The Cardano network has consistently defied expectations and proven its critics wrong, with significant and continuous growth in its smart contract functionality. Recent data from Cardano Blockchain Insights reveals an impressive surge in the usage of Cardano’s Plutus V1 and V2 scripts, indicating that users are taking full advantage of the network’s capabilities. This article
Phishing scams have become an all-too-common occurrence in the world of cryptocurrencies. Users are constantly warned about suspicious links and emails, and companies emphasize the importance of only interacting with official channels. However, even with these precautions, scammers continue to find new ways to deceive unsuspecting victims. A recent incident involving Wallet Connect and other
In the midst of the current market turmoil, the Bitcoin Fear & Greed Index has continued its sharp decline, plunging to its lowest level in over three months. This decline reflects a growing sense of fear among crypto investors, causing them to hold their investments rather than actively participate in the market. The Bitcoin Fear
In recent years, Japan has made remarkable strides in embracing and promoting blockchain technology. With its technologically advanced society and forward-thinking approach, the country has recognized the significance and potential impact of Web3. Japanese lawmakers, Masaaki Taira and Hideto Kawasaki, have been instrumental in formulating national Web3 policies and shaping the country’s approach to this
Bitcoin mining company Core Scientific has successfully completed its reorganization and is now emerging from Chapter 11 with a stronger financial standing. The company has announced its plans to list its common stock, tranche 1 warrants, and tranche 2 warrants on the Nasdaq Global Select Market under the symbols CORZ, CORZW, and CORZZ, respectively, starting
In a world increasingly concerned with climate change and sustainability, a new eco-friendly crypto project called eTuktuk has emerged, aiming to revolutionize urban transportation in developing nations. By combining electric vehicles with blockchain technology, eTuktuk seeks to address the environmental impact of traditional auto rickshaws, known as tuk-tuks, while also providing digital identities and financial