Dogecoin (DOGE) has been making headlines recently, but not for the right reasons. The price of DOGE has taken a downward trajectory, causing concern among investors. In the past 24 hours alone, DOGE’s price has dropped by 3.6%, and over the course of the past seven days, it has seen a decline of 5.2%. These
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The cryptocurrency market has been witnessing a surge in interest around Telegram trading bots, with projects like Unibot gaining significant traction and market cap exceeding $100 million. Amidst this frenzy, a fresh market-entrant token called Base Bot (BOT) has exploded by over 1,000% in August. However, as sell pressure grows, there is a significant localized
The revival of LUNC, Terra Classic’s native token, has been an ongoing effort within the community. However, the latest artificial intelligence (AI) algorithm has cast a shadow of doubt on the success of these endeavors. According to PricePredictions, a cutting-edge crypto analysis and forecasting platform, LUNC is projected to trade at approximately $0.000076 by the
In a recent letter, US Senators, led by Elizabeth Warren, have called for prompt action to implement new tax reporting requirements for digital asset brokers. The need for these requirements stems from the Infrastructure Investment and Jobs Act (IIJA) enacted nearly two years ago, which aimed to address the estimated $50 billion crypto tax gap
Kaspa, a Directed Acyclic Graph (DAG)-based proof-of-work (PoW) platform, has gained significant attention in the blockchain sphere. Its emergence came at a time when the community was in search of an alternative to Ethereum (ETH) following its transition to a proof-of-stake (PoS) framework. Unlike traditional blockchain systems, Kaspa’s DAG-based PoW mechanism offers a unique approach
The Australian Securities and Investments Commission (ASIC) has recently filed a lawsuit against the online trading platform eToro, accusing it of violating financial regulations related to cryptocurrency derivative products. This alleged violation has reportedly led to two-thirds of Contract For Difference (CFD) traders losing their funds. The ASIC Deputy Chair, Sarah Court, expressed disappointment over
In a recent incident, Changpeng “CZ” Zhao, the CEO of Binance, shared a cautionary tale of a clever scam attempt that was fortunately unsuccessful. This incident highlights the increasing sophistication of scammers in the crypto world and serves as a reminder for users to stay vigilant. Scammers have devised a new weapon in their arsenal
The cryptocurrency market is abuzz with anticipation as the highly anticipated Shibarium launch draws near. Shiba Inu, originally a meme-based cryptocurrency, has now established its position in the market. Recent data from IntoTheBlock reveals significant activity among Shiba Inu’s whales, who have moved billions of SHIB tokens in the past 24 hours. This surge in
Bitcoin price is facing significant resistance as it struggles to break above the $30,000 level. The leading cryptocurrency started a fresh decline after failing to clear the resistance zone, and it is currently trading below key support levels. BTC attempted to surpass the $30,000 resistance zone but faced selling pressure, resulting in a fresh decline.
In the world of cryptocurrencies, the influence of social media on price movements is well-known. However, a recent study conducted by the Network Contagion Research Institute (NCRI) suggests that Twitter bots may have a much larger role in artificially inflating the price of altcoins than previously understood. The study analyzed over 3 million tweets involving
In a groundbreaking partnership, Gala Games, a leading company in the world of Web3 gaming, has joined forces with Elixir Games Launcher, a prominent distribution platform. The objective of this collaboration is to expand the accessibility of blockchain-based games and allow a wider audience to experience these innovative titles. Introducing Town Star and Spider Tanks
Ethereum, the second-largest cryptocurrency by market capitalization, has experienced a stagnant number of active ERC-20 addresses in 2023. Despite fluctuations in Ethereum’s price, the activity has remained relatively low, indicating a potential shift from bullish to bearish in the medium term. As of August 2, there were approximately 275,000 active ERC-20 addresses, showing minimal change
The recent decline in the price of Aave’s governance token, AAVE, has raised questions among investors about the future prospects of the decentralized finance (DeFi) sector. Between July 30 and August 1, the token experienced a 17% decline, reaching the $62 level. Although the token has managed to hold the $62 support level, the current
In the world of digital currency, crypto signals serve as road signs for investors, guiding them on when to buy or sell cryptocurrencies. However, not all platforms offering these signals are reliable, leading to significant financial losses for unsuspecting traders. For those seeking secure and informed decisions in cryptocurrency trading, a trustworthy platform that provides