The Bitcoin price has been on a rollercoaster ride recently, experiencing both bearish pressure and a strong comeback. After falling below the $60,000 mark for the first time in almost two months, the price of BTC managed to recover above $60,000 and even reached as high as $63,000 in the past day. This raises the
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Eigenlayer, a prominent project in Ethereum Restaking, is gearing up to launch its highly anticipated airdrop for collection on May 10th. This airdrop will allow users to earn Eigenlayer’s token $EIGEN and engage in trading activities on BingX Exchange immediately after collection. Eigenlayer has emerged as the largest Restaking project on Ethereum in 2024. While
The recent drop in the price of Bitcoin below the $59,000 support level has caused concern among investors in the cryptocurrency market. Analysts are wary of a potential further decline if a market capitulation occurs. Following the price drop, CryptoQuant reported approximately $120 million in liquidated long positions, signaling a significant shift in market sentiment.
Recently, Rep. Maxine Waters has put forth the nomination of Ms. Kristin Johnson, a current Commissioner of the US Commodity Futures Trading Commission (CFTC), for the position of Assistant Secretary for Financial Institutions at the US Department of Treasury. This nomination has sparked discussions within the financial and crypto communities. Qualifications and Expertise Rep. Waters
The recent post-Halving slump in Bitcoin has had a significant impact on the Solana meme coin market, leaving traders feeling blue. However, amidst this sentiment, a new token named Sad Hamster has captured the attention of investors, leading to an overnight explosion in the price of HAMMY. The Sad Hamster meme has rapidly gained popularity
Yuga Labs recently announced a partnership with Improbable during a Town Hall meeting at Otherside, a metaverse developed by Yuga Labs. This collaboration involves migrating Otherside onto Improbable’s MSquared network, which has generated a lot of excitement within the community. The potential benefits of this partnership have sparked anticipation among “Voyagers,” the community members of
Coinbase, a well-known player in the crypto market, made headlines recently with its first-quarter revenues totaling $1.64 billion. This amount surpassed the expected $1.34 billion, shocking both analysts and investors. The surge in revenue comes at a time when Bitcoin is experiencing a robust rally, significantly impacting the entire crypto sector. A substantial component of
The recent market-wide crash has sent the Bitcoin price tumbling below $60,000, triggering a 20% decline and exposing critical support levels for the cryptocurrency. One of the key figures in the crypto space, Norok, has identified $51,800 as the most crucial support level for Bitcoin. According to Norok, this level is essential for maintaining the
The rise of Web3 technology has paved the way for new possibilities in the realms of creativity and innovation. One of the trailblazers in this space is Imaginary Ones, a blockchain-based platform that seamlessly merges art, storytelling, and community engagement. Their recent achievement of reaching 2 million downloads for their mobile game Bubble Rangers demonstrates
The cryptocurrency market experienced a brief crash recently, with Dogecoin ($DOGE) being one of the fastest recovering coins. In the past 24 hours, DOGE has seen a 7% increase, bringing its price to $0.1317. Despite this recovery, Dogecoin is still down by 12% from the previous week. Bitcoin ($BTC) and Ethereum also faced losses, with
