Despite recent gains of 20% in a week, Ripple’s XRP still lags behind Bitcoin and other altcoins. However, top analysts such as Dark Defender and Alex Cobb believe that a bull run could be imminent for XRP. Dark Defender pointed out that XRP has been hovering around the Fibonacci level of $0.64 and indicators like
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Bitcoin Ordinals, a unique form of non-fungible tokens (NFTs), have been capturing the attention of collectors and investors as Bitcoin’s price reaches unprecedented levels. One of the standout projects in this space is NodeMonkes, which has quickly risen to the forefront with its remarkable sales figures and high demand in the secondary market. NodeMonkes has
Crypto enthusiasts who are eagerly awaiting the launch of an Ethereum spot ETF may need to temper their expectations, according to Bloomberg ETF analyst Eric Balchunas. While Bitcoin spot ETFs have seen tremendous success in the United States, with over $7 billion in net flows since their launch, Balchunas believes that an Ethereum ETF launch
Recently, cryptocurrency exchange Coinbase encountered a recurring issue where some users were faced with an empty account balance. This problem arose on both March 4 and February 28, causing inconvenience to users and disrupting trading activities. The first incident on February 28 led to users experiencing zero balances in their accounts and an inability to
In a groundbreaking move on March 4th, 2024, CryptoPunk #3100 was sold to an anonymous buyer for over $16 million, marking the second-highest transaction for a CryptoPunk in history. What sets this sale apart is not only the exorbitant price tag but also the unusual circumstances of the buyer. This particular CryptoPunk belongs to the
Friend.tech, a leading Web3 social platform, has recently made a groundbreaking announcement that has sent shockwaves through the cryptocurrency community. The platform’s investors have made the bold decision to relinquish their rights to sell tokens to users, giving the community full control over the funds. This move marks a significant shift in power dynamics within
The cryptocurrency market has been witnessing a surge in prices of meme coins like Shiba Inu, Dogecoin, Pepe, and Dogwifhat, fueled by the euphoric sentiment in the Bitcoin market. These coins have seen a significant increase in value, with some experiencing gains of 100-400% in just the past seven days. However, experts are now turning
In a damning investigative article by the Wall Street Journal, the questionable practices of Tether, Bitfinex, and their associated companies were brought to light. These entities, with iFinex as the major stakeholder, were accused of utilizing dubious methods to maintain their ties to the global banking system. It was revealed that a web of shell
Recently, the Indian government made an announcement that technology companies must seek government approval before publicly releasing artificial intelligence (AI) tools that are still in development or are deemed “unreliable.” This decision underscores India’s commitment to managing the deployment of AI technologies in order to ensure accuracy and reliability in the tools available to its
The cryptocurrency market has been abuzz with the recent success of $SMOG, a meme coin that has been making significant strides in terms of price action and user adoption. Over the weekend, $SMOG achieved an all-time high above $0.127, signaling a bullish trend in the market. This surge in price also propelled the token’s circulation-adjusted
