Ethereum, one of the leading altcoins in the cryptocurrency market, has been facing challenges in keeping up with its competitors. Market researcher and analyst DeFi Ignas has conducted a profound analysis of the bullish and bearish scenarios for Ethereum, shedding light on its current situation and future prospects. Over the past two years, Ethereum has
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A recent ruling by the Dubai Court of First Instance has made waves in the employment landscape of the United Arab Emirates. This landmark decision recognizes cryptocurrencies as a valid mode of salary payment, highlighting the increasing adoption of digital assets in the region. The case in question involved a plaintiff suing their former employer
Samuel Edyme, fondly known as HIM-buktu, is not your average web3 content writer and journalist. His journey into the crypto universe is nothing short of cinematic. What started as a run-in with a Ponzi scheme that lured him in using crypto as payment, turned into a turning point in his life. Instead of being deterred
Blockchain investigator ZachXBT has revealed shocking information about North Korean developers who reportedly stole $1.3 million from a project’s treasury. These developers, hired under false identities, inserted malicious code into the system, enabling them to transfer funds without authorization. The stolen funds were first sent to a theft address, then moved from Solana to Ethereum
The recent surge in Cardano’s trading volume has caught the attention of many investors in the crypto market. Data from various sources, including CoinGlass and CoinGecko, confirm a substantial increase in trading activity for ADA. In the span of just 24 hours, Cardano has witnessed a remarkable 150% surge in trading volume, totaling approximately $477
A recent analysis by a crypto analyst has highlighted a new bearish death cross for Bitcoin, signaling a potential short-term weakness in the cryptocurrency’s market. The death cross pattern occurs when the 50-day Moving Average crosses below the 200-day Moving Average on the daily chart. This pattern typically indicates the possibility of further bearish momentum
The collaboration between MetaMask, Mastercard, and Baanx has paved the way for a revolutionary development in the world of cryptocurrency spending: the MetaMask Card. This innovative card aims to make cryptocurrencies more accessible for everyday purchases by providing users with a seamless experience that allows them to utilize their crypto holdings directly from their MetaMask
Bitwise recently reported that U.S.-based institutional investors are continuing to show strong support for Bitcoin through spot ETFs, with approximately 66% of them either maintaining or increasing their holdings. This trend is particularly noteworthy given the market volatility and declining prices observed in Q2. According to Bitwise’s chief investment officer, Matt Hougan, there has been
Ethereum has faced significant challenges amidst the recent bearish pressures within the overall crypto market. The ETH price has experienced multiple downturns, bringing it back towards the $2,000 mark and dashing hopes for a new all-time high in the near future. Despite this setback, there is optimism in the air as one crypto analyst suggests
As Bitcoin continues to gain mainstream acceptance, institutions around the world are increasingly diversifying their portfolios to include the cryptocurrency. Over the past few years, the holdings of large institutions in Bitcoin have grown exponentially. This growth has resulted in institutions becoming the dominant holders of Bitcoin, with the majority of the top wallets now
Bitcoin experienced a 2.5% drop on Wednesday to $59,100 following the U.S. government’s transfer of more Silk Road-affiliated Bitcoin holdings to Coinbase Prime. Arkham Intelligence, an on-chain analysis platform, identified the move and highlighted that 10,000 BTC, valued at $593 million, had been transferred. This transfer involved moving the Bitcoin from a known U.S. government
Sahil Arora, an Indian entrepreneur turned crypto influencer, has made headlines for his involvement in celebrity-backed meme coins. Reports from blockchain investigator ZachXBT suggest that Arora made around $3 million this year, a far cry from the initially estimated $30 million by Bubblemaps. This discrepancy raises questions about the accuracy of financial data within the
The Bitcoin price continues to trade sideways, with uncertainties on the macro side leaving investors undecided about their next move. Crypto analyst Michael van de Poppe has shared insights into Bitcoin’s price trajectory, suggesting the possibility of the crypto dropping to as low as $48,000. Van de Poppe highlighted that Bitcoin could break below $56,000
The world of cryptocurrency has seen a disturbing trend in the rise of stolen funds from crypto scams. Data shared by Chainalysis revealed that the amount of stolen funds almost doubled from $857 million to $1.58 billion by late July of this year. This represents a significant 84.4% increase compared to the same period last