In the wake of Federal Reserve chair Jerome Powell’s comments at the Jackson Hole symposium, the demand for bitcoin (BTC) in the United States has been on the rise. This surge in interest has been reflected in the spike in the Coinbase Premium, reaching its highest level since July at 0.11%. The increase in demand
Crypto
As the highly-anticipated 2024 bitcoin bull run unfolds, it is clear that things are not going as planned. Despite initially breaking its 2021 all-time high, the journey towards the coveted $100,000 mark has been met with setbacks and disappointments. Perplexity, a popular AI chatbot, has highlighted some key factors that could potentially propel another bullish
Recent news has brought to light the shocking revelation of two brothers, Jonathan Adam and Tanner Adam, who have been charged by the U.S. Securities and Exchange Commission (SEC) for orchestrating a $60 million Ponzi scheme. The complaint, filed in the United States District Court for the Northern District of Georgia in Atlanta, uncovers how
The recent transfer of 800 ETH by Ethereum co-founder Vitalik Buterin has once again sparked discussions within the crypto community. This move, estimated to be worth $2.01 million, was made to a multisig wallet. Following this transfer, 190 ETH from the same wallet was exchanged for 477,000 USDC, a stablecoin pegged to the U.S. dollar.
Centralization in the cryptocurrency space has long been a point of contention among enthusiasts and proponents of decentralized finance. The concentration of holdings in the top wallets of popular project tokens such as Polygon (MATIC) and Shiba Inu (SHIB) has raised significant concerns about the potential risks associated with high centralization. According to data shared
The past week has been a tumultuous one for Bitcoin and most altcoins in the cryptocurrency markets. Bitcoin started the week on a high note, soaring from around $60,000 to over $64,000 following bullish developments in the US. However, the weekend proved to be quiet for Bitcoin, despite turbulence in the rest of the crypto
The recent performance of Floki Inu (FLOKI) has been less than stellar, with a sharp decline of nearly 20% causing the coin to lose its coveted position among the top 5 meme coins. The current market capitalization of FLOKI sits at $1.23 billion, making it the sixth-largest meme coin on the market. This slip in
Elon Musk, the CEO of Tesla Inc., recently had a high-profile $258 billion lawsuit against him and his company, Tesla, dismissed by U.S. District Judge Alvin Hellerstein. The lawsuit, filed by a group of Dogecoin holders in June 2022, accused Musk and Tesla of manipulating the price of Dogecoin through social media and public statements.
In the volatile world of cryptocurrency, Popcat stood out this week with its impressive 52% weekly gains, defying the downward trend experienced by other major meme coins. While blue-chip memes like Dogecoin, Pepe, and Bonk suffered losses, Popcat displayed exceptional strength and resilience. So, what factors contributed to Popcat’s sudden price surge? Binance’s Support One
In an effort to enhance user experience and adapt to evolving market trends, Binance, the world’s largest crypto exchange, has announced the addition of new trading pairs and services on its platform. These new trading pairs include DOGS/BRL, DOGS/USDC, RARE/BRL, and RARE/USDC on Binance Spot. Additionally, trading bot services will be offered for pairs such
