The Ethereum Foundation, a respected non-profit organization, has caused a stir in the crypto community with an unexpected sell-off of ETH to a single address. The Blockchain analytics platform LookOnChain recently uncovered a series of transactions initiated by the foundation, raising questions about the motive behind the significant move. Speculations and Market Reactions The Ethereum
Binance, a major cryptocurrency exchange platform, has recently announced the discontinuation of all services related to the Nigerian local fiat currency, Naira (NGN). This decision will have a significant impact on Nigerian users, as they will no longer be able to access services such as deposits, withdrawals, conversions, spot trading, P2P, Auto-invest, and Binance Pay.
Cardano recently hit a 2-year peak of $0.78 on Mar. 5, outperforming Solana in terms of weekly gains. This surge in price has propelled ADA into the spotlight of the cryptocurrency market, attracting significant investor interest. The growth of Cardano’s defi ecosystem is seen as a key factor in driving ADA prices to new heights
Pepe (PEPE) has taken the meme coin world by storm, with an impressive +707% monthly gain that has propelled it to new all-time highs. However, despite its recent success, there are signs that the rally may be coming to an end. With the current price hovering at $0.000000750, experts are predicting a potential retracement back
Recently, Euro Pacific Asset Management founder Peter Schiff issued a stark warning about Bitcoin, labeling it as the “ultimate asset bubble.” This caution came at a time when the price of Bitcoin was soaring, surpassing $61,500. Despite his warning, just four days later, the price of BTC climbed even higher, now trading above $65,000. Criticism
In a whirlwind of excitement and anticipation, Bitcoin skyrocketed to a two-year high, bringing it within touching distance of its all-time record value. Surpassing $68,000, with a peak price of $68,800, the leading cryptocurrency has been on a remarkable journey. As of the latest data from Coingecko, Bitcoin is currently trading at $67,980, marking a
Despite recent gains of 20% in a week, Ripple’s XRP still lags behind Bitcoin and other altcoins. However, top analysts such as Dark Defender and Alex Cobb believe that a bull run could be imminent for XRP. Dark Defender pointed out that XRP has been hovering around the Fibonacci level of $0.64 and indicators like
Bitcoin Ordinals, a unique form of non-fungible tokens (NFTs), have been capturing the attention of collectors and investors as Bitcoin’s price reaches unprecedented levels. One of the standout projects in this space is NodeMonkes, which has quickly risen to the forefront with its remarkable sales figures and high demand in the secondary market. NodeMonkes has
Crypto enthusiasts who are eagerly awaiting the launch of an Ethereum spot ETF may need to temper their expectations, according to Bloomberg ETF analyst Eric Balchunas. While Bitcoin spot ETFs have seen tremendous success in the United States, with over $7 billion in net flows since their launch, Balchunas believes that an Ethereum ETF launch
Recently, cryptocurrency exchange Coinbase encountered a recurring issue where some users were faced with an empty account balance. This problem arose on both March 4 and February 28, causing inconvenience to users and disrupting trading activities. The first incident on February 28 led to users experiencing zero balances in their accounts and an inability to
In a groundbreaking move on March 4th, 2024, CryptoPunk #3100 was sold to an anonymous buyer for over $16 million, marking the second-highest transaction for a CryptoPunk in history. What sets this sale apart is not only the exorbitant price tag but also the unusual circumstances of the buyer. This particular CryptoPunk belongs to the
Friend.tech, a leading Web3 social platform, has recently made a groundbreaking announcement that has sent shockwaves through the cryptocurrency community. The platform’s investors have made the bold decision to relinquish their rights to sell tokens to users, giving the community full control over the funds. This move marks a significant shift in power dynamics within
The cryptocurrency market has been witnessing a surge in prices of meme coins like Shiba Inu, Dogecoin, Pepe, and Dogwifhat, fueled by the euphoric sentiment in the Bitcoin market. These coins have seen a significant increase in value, with some experiencing gains of 100-400% in just the past seven days. However, experts are now turning
In a damning investigative article by the Wall Street Journal, the questionable practices of Tether, Bitfinex, and their associated companies were brought to light. These entities, with iFinex as the major stakeholder, were accused of utilizing dubious methods to maintain their ties to the global banking system. It was revealed that a web of shell