Crypto

Ethereum, once considered a strong competitor to Bitcoin, has seen a significant decline in performance since undergoing the Merge two years ago. The transition from a Proof-of-Work to a Proof-of-Stake consensus mechanism in September 2022 has had a notable impact on Ether’s value relative to Bitcoin. This article will delve into the major factors contributing
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Bitcoin’s recent market price drop below $50,000 has sparked concern among investors, especially after reaching highs of $65,000 just weeks prior. The asset has seen a 7% decline in the past seven days, raising questions about its future trajectory. BTC Price Predictions Crypto analyst Astronomer Zero has suggested that the market may be nearing a
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Investors in the cryptocurrency market are constantly bombarded with news, trends, and community discussions that shape their investment decisions. One significant narrative that has been dominating the market is the influence of crypto whales – large holders of bitcoin and other major cryptocurrencies. These whales have the power to move the market significantly, causing both
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Recently, the Future Forward USA PAC, a supporter of Vice President Kamala Harris’ presidential campaign, made waves by announcing that they would start accepting crypto donations through Coinbase Commerce. This move sparked interest and raised questions about the increasing role of digital currencies in political funding. During the Citigroup’s 2024 Global TMT Conference in New
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Bitcoin’s price slipped to below $56,000, triggering concerns among investors about its future trajectory. According to Arthur Hayes, co-founder of BitMEX, the largest cryptocurrency could decline even further to $50,000 in a worst-case scenario. Hayes’ bearish outlook extends to altcoins as well, with the potential for steeper losses looming on the horizon. The broader macroeconomic
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The recent charges levied by the U.S. Securities and Exchange Commission against Galois Capital, a crypto-focused advisory firm that custodied client assets at FTX, have highlighted significant shortcomings in the firm’s practices. In response to the SEC’s findings, Galois has agreed to pay a civil penalty of $225,000, which will be distributed to investors who
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Ripple’s University Blockchain Research Initiative (UBRI) program has recently welcomed South Korea’s Yonsei University as its newest partner. This partnership marks the addition of the 58th institution to Ripple’s global network of UBRI collaborations, with a notable 12 of them situated in the Asia Pacific region. Yonsei University will embark on a long-term journey to
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The latest analysis conducted by Santiment reveals a significant decline in whale activity across major cryptocurrencies like Bitcoin and Ethereum. During the period of March 13-19, Bitcoin witnessed 115.1k transactions valued at over $100k each. However, by August 21-27, this number had decreased to just 60.2k transactions, showing a noticeable slowdown. Ethereum also saw a
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