Bitcoin, the leading cryptocurrency in the market, has been experiencing a tumultuous ride in terms of price fluctuations. The recent downfall in Bitcoin’s price has sent shockwaves throughout the entire crypto market, with significant losses across the board. From reaching an all-time high of nearly $74,000, Bitcoin has now shed roughly $10,000 in value, plunging
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The NodeMonkes NFT collection, known as Bitcoin’s premier collection, has experienced an impressive surge of over 50% in the last 24 hours. This surge has propelled NodeMonkes to surpass the Bored Ape Yacht Club (BAYC) in terms of market capitalization, making it the second-largest NFT collection in the market. CoinGecko data revealed a significant 53.3%
Cardano’s development and utility have been under intense scrutiny lately, particularly regarding the Hydra project. This layer 2 scalability solution is designed to improve transaction speed, reduce costs, and enhance Cardano’s overall functionality. Despite concerns within the community, Charles Hoskinson has reassured the public that the project is still actively being developed. The co-founder emphasized
Bitcoin recently reached a new all-time high of over $73,500 before dropping to $65,000 and now recovering to over $68,600. This volatility in price is not uncommon in the world of cryptocurrency. The upcoming Federal Open Market Committee (FOMC) meeting on March 20 could potentially drive another price surge for Bitcoin. If America’s central bank
This past weekend was a tumultuous one for the crypto market, particularly for Bitcoin. The leading cryptocurrency experienced a sharp decline, plunging to a ten-day low of under $65,000. This came after a period of bullish momentum that saw BTC reaching a new all-time high of $73,800 on Thursday. However, the euphoria was short-lived as
Bitcoin’s price experienced significant volatility towards the end of the business week, seeing a dramatic drop of $8,000 at one point. Despite this setback, Bitcoin has managed to recover some of its losses. The week started with a lot of ups and downs for Bitcoin, as it initially dropped to $67,000 before rallying to achieve
Paul Grewal, the Chief Legal Officer at Coinbase, recently criticized a letter from two U.S. senators that urged the Securities and Exchange Commission (SEC) to impose stricter regulations on Bitcoin exchange-traded funds (ETFs). In a March 15 thread, Grewal challenged the assertions of senators Jack Reed and Laphonza Butler and defended the necessity of expanding
In a surprising move earlier this year, Binance, the world’s leading crypto exchange, appears to have separated its venture capital and incubation arm, Binance Labs. The announcement, reflected on Binance Labs’ website, clearly states that it now operates independently and is no longer affiliated with the Binance Group. This change, which occurred between February 19
XRP, the digital asset associated with Ripple, has recently experienced a dip in its price, falling to $0.63 according to CoinGecko’s data. This marks a 5.5% decrease in a 24-hour period, as part of the broader market correction that affected many cryptocurrencies. Despite this setback, analysts are optimistic about XRP’s future prospects. According to analysts
The cryptocurrency market is constantly evolving, and new tokens are frequently introduced with the potential to become overnight sensations. The latest addition to the meme coin world is BOOK OF MEME (BOME) on the Solana blockchain. Since its debut, BOME has seen an astonishing price increase of nearly 5,000% and a trading volume exceeding $350
Bitcoin recently hit a new all-time high of nearly $74,000, just hours after dropping below $72,000. This surge comes after a strong end to the previous week, where Bitcoin broke the $70,000 barrier for the first time, only to experience a slight retracement. Despite this setback, Bitcoin bulls quickly recovered ground over the weekend, leading
MakerDAO, a leading DeFi lending protocol, has recently announced its ambitious ‘Endgame’ plan, set to launch in summer 2024. This first phase will see the rollout of a series of major features aimed at driving growth and establishing a virtuous cycle of Dai adoption. The introduction of SubDAOs, new tokenomics, a rebranded image, and innovative
The recent discussions surrounding the continuous influx of capital into spot Bitcoin ETFs have sparked concerns among industry experts. CryptoQuant founder Ki Young Ju has warned of a potential sell-side liquidity crisis within the next six months if the trend persists. He emphasized that bears will not be able to win the game until spot
Thailand’s Securities and Exchange Commission (SEC) has recently made a significant change to its regulations that now allow private funds to invest in spot Bitcoin exchange-traded funds (ETFs) traded on U.S. exchanges. This move provides a new investment opportunity, but it is important to note that it is currently limited to institutional investors and high-net-worth