The recent surge in popularity of the Floki Inu (FLOKI) token has taken a hit as investors are now flocking towards a new ICO called 5thScape. With the promise of delivering 1,700% gains, many holders of FLOKI are jumping ship in hopes of maximizing their returns. This shift in focus showcases the volatile nature of
Recently, there have been rumors circulating on social media about Bybit crypto exchange’s alleged insolvency. These rumors started spreading through obscure social media accounts, suggesting that a bug in a proof-of-reserves graph from Arkham Intelligence could have sparked the speculation. However, Bybit’s CEO, Ben Zhou, has firmly denied these claims, stating that they are baseless
The recent decision by the United States House of Representatives to prohibit the Federal Reserve from directly issuing a Central Bank Digital Currency (CBDC) has stirred up significant debate within the crypto community. This move has been viewed as a victory for supporters of decentralized currencies like Bitcoin, who prioritize privacy, individual sovereignty, and free
The cryptocurrency market is eagerly anticipating the approval of spot Ethereum (ETH) exchange-traded funds (ETFs) in the US, as it could have far-reaching implications for the classification of other digital assets such as Solana (SOL). A recent Bernstein report highlighted the potential consequences of such approvals, particularly in distinguishing between cryptocurrencies as securities or commodities.
Cryptocurrency analyst, Crypto Con, has recently made a bold prediction regarding the future of Bitcoin. By analyzing historical data and trends, Crypto Con believes that Bitcoin is on track to reach its peak in the ongoing bull cycle. Utilizing the Stochastic Momentum Index (SMI) Ergodic Indicator, the expert has identified that Bitcoin is currently in
In a recent interview, Charles Hoskinson, CEO of IOG, made waves in the cryptocurrency community by openly criticizing Bitcoin and declaring its following as a ‘religion’. As the driving force behind Cardano (ADA), a profit-oriented company focused on building innovative software for the cryptocurrency market, Hoskinson’s comments shed light on the growing sentiment that the
In recent years, Telegram has evolved beyond just being a popular messaging app to becoming a hub for the crypto community. With the introduction of Telegram mini apps, also known as TMAs, the platform has seen a significant increase in user engagement and activity. These mini apps are applications that are built and run directly
Ethereum whales have been making waves in the market recently, according to on-chain data. The Number of Large Transactions metric, which tracks Ethereum transactions valued at over $100,000, has been on the rise. This surge in large transactions indicates that whale entities are actively moving their assets around. With the recent news of potential ETH
LidoDAO (LDO) has been making waves in the cryptocurrency market recently, with a 26% jump in price in just 7 days. The native crypto of the decentralized Ether staking platform Lido, LDO also serves as the governance token of the Lido decentralized autonomous organization (DAO). While some may think it’s too late to buy LidoDAO,
The recent nullification of the Emergency Suspension Order (ESO) issued by the Office of Financial Regulation against Binance.US by the First District Court of Appeals in Florida has raised eyebrows in the financial and cryptocurrency communities. The ESO was initially put in place earlier this year, banning Binance.US from serving residents of Florida due to
