Bitcoin has made a strong statement as it gained 7.2% in the past 24 hours, reaching an intraday high of $45,498 during the Asian trading session on Tuesday morning. This surge comes after a period of relative stability over the holiday weekend, signaling the start of a promising new year. In fact, this surge has
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With the growing prominence of NFTs, the risk of hacks and cyber attacks targeting these digital assets has also increased. NFTs are stored on blockchain platforms, which provide a decentralized and transparent ledger to record transactions. However, despite the security measures implemented in blockchain technology, NFTs are not immune to hacks. The vulnerabilities lie in
After a turbulent 2022, cryptocurrency hedge funds have experienced a remarkable recovery in 2023. These funds have generated an average return of 44% through December 20, marking a significant rebound from the previous year’s 52% loss. This turnaround positions cryptocurrency hedge funds as the best-performing strategy among the 29 strategies monitored. Several cryptocurrency hedge funds
The United States’ main securities regulator, the U.S. Securities and Exchange Commission (SEC), is expected to inform spot Bitcoin ETF applicants of their approval in the next few days, according to Reuters. This notification could be given on either Tuesday, January 2nd or Wednesday, January 3rd, allowing the applicants time to prepare for the launch
As the crypto market looks ahead to the year 2024, industry experts and financial analysts have been providing their Bitcoin (BTC) predictions for the future. These forecasts are not only diverse in their projections but also offer valuable insights into the potential growth and development of the digital asset. In this article, we will explore
India, despite its controversial crypto policy and lack of clarity in several aspects, has emerged as the top market for cryptocurrency adoption. A recent report by crypto exchange CoinDCX sheds light on the country’s position as a global leader in crypto adoption, reflecting sustained interest and robust demand for digital assets. Contrary to expectations, the
In the past 24 hours, Tellor (TRB) has taken investors on a wild rollercoaster ride, experiencing a surge and a drop reminiscent of price manipulation. The cryptocurrency soared to over $600 in the late hours of 2023, only to come crashing down to $137 soon after. This extreme price volatility has raised eyebrows and prompted
In recent years, meme coins have gained significant attention in the cryptocurrency space. These coins, such as $SHIB, $DOGE, and $SPONGE, have attracted investors with the potential for substantial gains. One of the latest additions to the meme niche is $TSUKA, a Solana-based token inspired by the Japanese legend of the Dejitaru Tsuka Dragon, which
The US Securities and Exchange Commission (SEC) is expected to notify asset managers regarding the approval of their spot Bitcoin ETF applications as early as next week, according to a report from Reuters. This update comes ahead of the January 10 deadline for the SEC to make a decision on whether or not to green-light
In 2023, cryptocurrency investments experienced a notable transformation as crypto venture capital (VC) funding saw a significant decline of 68%. The total investment dropped from $33.3 billion in 2022 to $10.7 billion. However, despite this decrease, 2023 remains the third-highest year in terms of total crypto investments, surpassing the figures seen during the previous bear
