Ethereum (ETH) has showcased significant fluctuations in its market performance recently, marked by a struggle to regain the $3,000 price level since August. As the clock struck September, Ethereum found itself predominantly below the $2,600 threshold, causing concern among investors. However, a recent uptick in trading activity has allowed it to breach this critical resistance
In a significant development within the cryptocurrency landscape, Indian exchange WazirX has been granted a four-month moratorium by a Singapore court, a strategic move in light of its ongoing financial woes following a staggering cyberattack. The hack, which occurred in July, resulted in the loss of $234 million, affecting nearly half of the exchange’s user
In a recent interview with CNBC’s “Squawk Box,” Gary Gensler, Chair of the U.S. Securities and Exchange Commission (SEC), offered significant clarity regarding Bitcoin’s status as a digital asset. He reinforced that Bitcoin is not classified as a security under U.S. law, but rather as a commodity. This distinction is crucial, especially in light of
New York City, a bastion of diversity and complexity, finds itself at the center of a burgeoning political scandal that has enveloped its mayor, Eric Adams. Recently indicted by federal prosecutors, the ramifications of these developments have led to the resignations and retirements of numerous key figures within his administration. Once celebrated as the city’s
Chainlink (LINK), a prominent player in the blockchain ecosystem, has recently experienced a significant price breakout, generating excitement among investors and analysts alike. This surge is attributed to robust on-chain activities and a noticeable increase in investor confidence. Recent analysis from blockchain intelligence platform Santiment indicates that the technical outlook for LINK remains optimistic, suggesting
Bitcoin, the flagship cryptocurrency, finds itself at a pivotal juncture that could dictate its trajectory over the coming months. Following a robust upward movement, where it rebounded from the significant support level of $52,000, Bitcoin surpassed critical thresholds at $56,000 and $60,000. This price action reflects an underlying bullish sentiment that has temporarily uplifted the
In a significant move, Binance, the largest cryptocurrency exchange in the world, has announced the removal of its Turkish language support. This decision, arising from new legal compliance mandates, reflects an ongoing struggle that crypto platforms face as they navigate complex regulatory environments globally. Beginning September 27, Turkish users will find their native language absent
As the cryptocurrency market evolves, recent reports highlight significant shifts in Bitcoin (BTC) holdings, particularly within the United States. Identified by CryptoQuant’s founder Ki Young Ju, these developments underline America’s increasing influence on global BTC distribution, driven largely by the growing demand for spot Exchange-Traded Funds (ETFs). This article delves deeper into the implications of
With the rise of cryptocurrency and blockchain technology, novel gaming experiences are becoming commonplace, and Yum Party emerges as a frontrunner in the Telegram crypto game sector. This game not only promises entertainment but also incorporates Web 3.0 elements to engage players. Developed by the team behind the wildly popular Candy Crush, Yum Party has
In July 2023, WazirX, one of India’s prominent cryptocurrency exchanges, suffered a massive security breach that resulted in the theft of approximately $230 million. This event has not only raised alarms within the cryptocurrency community but has also highlighted vulnerabilities in the security measures of exchanges globally. Based on recent data from Arkham Intelligence, the
