The Securities and Futures Commission (SFC) in Hong Kong recently issued a warning to the public regarding suspicious websites that are impersonating licensed crypto exchanges in the city-state. According to the notice released on Mar. 4, these fraudulent websites are trying to deceive users by using the image and branding of well-known exchanges like Hash
admin
The recent surge in NFT sales has brought attention to the cryptocurrency world, with Bitcoin leading the charge. Last week, the Bitcoin network recorded over $162 million in transactions, marking a significant increase of 76% from the previous week. This exceptional performance has positioned Bitcoin Ordinals as the frontrunner in the NFT market, showcasing its
The recent surge in Bitcoin’s price, exceeding $62,000, has caught the attention of both enthusiasts and skeptics alike. This rapid increase has sparked speculations about the potential beginning of a major bull run in the cryptocurrency market. One key factor that could contribute to the continuation of Bitcoin’s upward trajectory is the upcoming Bitcoin halving
As Bitcoin (BTC) surged past the $64,000 mark, some on-chain indicators are starting to suggest that the leading cryptocurrency may be overheating. Market intelligence firm CryptoQuant’s weekly report highlights the rising traders’ unrealized profit margin and the expensive cost of opening new long positions in perpetual futures markets as key indicators of a possible pause
Recent exchange data has shown a significant trend among Ethereum traders indicating a bullish sentiment in the market. According to IntoTheBlock, a staggering $906 million worth of Ethereum was withdrawn from exchanges last week, pointing towards a strong holding mentality among investors. This mass exodus of ETH from exchanges could be a sign that traders
In a week where Bitcoin has experienced some stagnation and minor retracements, meme coins have taken the spotlight with staggering gains. One such example is Dogwifhat (WIF), which has soared in value, capturing the attention of investors. The overall crypto market cap has seen a slight dip on a daily scale, but the past seven
Marathon Digital, a prominent Bitcoin mining company based in the United States, has recently released its quarterly earnings report, surpassing analyst expectations by a considerable margin. Despite the positive news, the company’s stock price experienced a temporary dip following the announcement. This minor setback, however, is unlikely to overshadow the significant achievements of Marathon Digital
The cryptocurrency market is always evolving, with new projects constantly being introduced to investors. Just last year, there was a significant migration of Shiba Inu (SHIB) token loyalists to a rival memecoin project known as Golden Inu (GOLDEN). Golden Inu promised a play-to-earn game, a crypto e-commerce platform, and its own crypto exchange, all of
In recent weeks and months, MicroStrategy, a business intelligence software giant co-founded by Michael Saylor, has experienced a significant surge in its stock price. This surge has outperformed the major US stock market indexes by a substantial margin, which may be attributed to the company’s extensive exposure to Bitcoin. MicroStrategy’s stock price has increased by
In the volatile world of cryptocurrency trading, investors are always on the lookout for the next big gainer. While established coins like Bitcoin and Ether continue to dominate the market, many traders are turning to the world of shitcoins in search of quick profits. These alternative cryptocurrencies, often created without much regulation or oversight, can
