In the ever-volatile cryptocurrency market, Shiba Inu (SHIB) has recently emerged as a notable casualty, witnessing a steep decline of 11% in a single day, sliding below the critical threshold of $0.000018. The market as a whole has taken a hit, enveloped in a sea of red, but the losses incurred by SHIB seem particularly
Crypto
In the competitive landscape of blockchain technology, Ethereum has emerged as the unrivaled leader in transaction fee revenue for 2024, raking in an impressive $2.48 billion. This remarkable figure, noted in the latest CoinGecko report, represents a modest increase from the previous year’s $2.41 billion, highlighting a steady growth trajectory. However, the excitement surrounding Ethereum’s
The landscape of technology, particularly in the cryptocurrency realm, has been marred by unsettling incidents in recent times. A significant example is the recent kidnapping of David Balland, co-founder of Ledger, which unfolded earlier this week. Balland and his wife were abducted from their home during the early hours of January 21, a disturbing breach
In the wake of the recent U.S. presidential inauguration, the dynamics surrounding Bitcoin (BTC) have notably shifted. After witnessing an explosive rally that peaked in late 2024, the market is now showing signs of a considerable slowdown in overall spot demand growth. For Bitcoin’s price to experience a significant upswing, an increase in spot demand
Ross Ulbricht, known for founding the dark web marketplace Silk Road, has ignited extensive discourse surrounding the relationship between technology and crime. His recent pardon by former US President Donald Trump has rekindled interest in his case while simultaneously inspiring a new wave of cybercriminal activity. Rather than receiving commendation for innovation or entrepreneurship, Ulbricht’s
The cryptocurrency market is notorious for its volatility, and the latest fluctuations in Bitcoin’s price epitomize this characteristic. On a recent Friday, Bitcoin reached an impressive peak of $107,000, only to plunge by nearly $3,000 shortly thereafter. Such drastic swings prompt speculation about the underlying factors driving these price movements. The community’s focus on the
In an evolving digital landscape, thoughts surrounding the classification of digital assets have gained prominence, especially with the recent insights shared by David Sacks. In an interview featured on Fox Business, Sacks introduced a thought-provoking perspective, presenting non-fungible tokens (NFTs) and meme coins as a fresh category of digital assets. This categorization as collectibles offers
In recent days, Ethereum (ETH) has experienced a remarkable price surge, demonstrating an 24-hour increase that has captured the attention of both analysts and investors alike. As the second-largest cryptocurrency by market capitalization, ETH’s movements significantly impact the broader crypto marketplace. This article delves into the factors driving this recent bullish trend, evaluates analysts’ projections
In recent days, TORN, the native cryptocurrency of Tornado Cash, has amassed considerable market attention following a significant judicial decision. The tumultuous history of Tornado Cash reached a pivotal moment when a court overturned sanctions previously imposed by the U.S. Treasury’s Office of Foreign Assets Control (OFAC). This development sent TORN’s price soaring from around
The Commodity Futures Trading Commission (CFTC) recently witnessed a significant leadership change as Acting Chair Caroline Pham introduced Harry Jung as the new Acting Chief of Staff. This strategic selection marks a vital step in the CFTC’s repositioning within the quickly evolving landscape of financial regulation, particularly regarding crypto and digital assets. Jung’s background, which
