In the past 24 hours, FORK Coin, a Solana-based meme token, has seen an astronomical surge of over 69,000%. This meteoric rise has propelled it to reach a record high of $0.032, establishing itself as one of the hottest trending coins on the market. However, history has shown us that extremely small-cap meme tokens often
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In a recent bankruptcy hearing, FTX announced its decision not to revive the exchange and instead liquidate its assets to fully compensate its affected customers. This development marks a significant turning point in the FTX bankruptcy saga, which has been plagued by flaws in the company’s operations and the actions of its founder, Sam Bankman-Fried.
Bitcoin (BTC) has recently experienced a rally, leading to positive predictions from well-known cryptocurrency analysts. Ali Martinez, a renowned crypto analyst, has shared his exciting projections for Bitcoin’s future performance, particularly focusing on the Market Value to Realized Value (MVRV) ratio. This article explores the bullish predictions made by Martinez and other experts, shedding light
The reign of Bitcoin as the leading NFT platform has come to an abrupt end this month, as Ethereum reclaims its position at the top. NFT sales on the Bitcoin network have plummeted over 60% compared to December’s record highs. According to data from NFT analytics platform CryptoSlam, Bitcoin’s NFT sales volume in January has
Bitcoin mining company Core Scientific has successfully completed its reorganization and is now emerging from Chapter 11 with a stronger financial standing. The company has announced its plans to list its common stock, tranche 1 warrants, and tranche 2 warrants on the Nasdaq Global Select Market under the symbols CORZ, CORZW, and CORZZ, respectively, starting
In a world increasingly concerned with climate change and sustainability, a new eco-friendly crypto project called eTuktuk has emerged, aiming to revolutionize urban transportation in developing nations. By combining electric vehicles with blockchain technology, eTuktuk seeks to address the environmental impact of traditional auto rickshaws, known as tuk-tuks, while also providing digital identities and financial
The recent decline of Bitcoin by approximately 20% from its year-to-date high raises questions about the broader performance of cryptocurrencies. In order to gain a better understanding of the market, it is imperative to assess the performance of tokens listed in the Coinbase and Binance lawsuits. These lawsuits, filed on June 6 and June 5,
An Ethereum (ETH) whale recently made waves in the crypto world by executing a series of transactions that involved a significant movement of funds across various platforms. According to Spot On Chain, a blockchain analytics platform, this activity amounted to approximately $46.02 million in ETH tokens. What makes this even more intriguing is that the
On Monday, the Securities and Exchange Commission (SEC) shocked the public with the disclosure that the multi-factor authentication (MFA) on its X account had been disabled, leading to a false post regarding the approval of spot Bitcoin ETFs. This incident occurred on January 9, 2024, when the SEC’s official Twitter account was compromised, raising serious
The Internal Revenue Service (IRS) recently issued a reminder to all taxpayers to report any income related to digital assets. The IRS defines digital assets as including convertible virtual currency and cryptocurrency, stablecoins, and non-fungible tokens (NFTs). The agency has expanded the number of forms that include the question about digital assets and requires all
