In the fast-paced and ever-evolving world of cryptocurrencies, Shiba Inu ($SHIB) has emerged as a standout performer in 2024. With its current price of $0.00002547, Shiba Inu has seen a remarkable 200% increase from its price a year ago. This growth surpasses the performance of big players like Bitcoin and Ethereum, which have seen increases
Toncoin (TON) has been making waves in the cryptocurrency market as the native token of The Open Network blockchain. Recent analysis by CryptoQuant revealed some interesting trends regarding the price performance of TON compared to Bitcoin. While TON has outperformed Bitcoin by 118% since the beginning of 2024, there seems to be a disparity in
The Worldcoin project has encountered yet another setback, this time in Hong Kong. The Office of the Privacy Commissioner for Personal Data (PCPD) has ordered the Worldcoin Foundation to cease all operations in the region. The PCPD stated that Worldcoin’s practices infringe upon local privacy regulations, specifically related to the collection of facial and iris
Several industry leaders, including Coinbase, Meta, Ripple, Gemini, Kraken, Match Group, and GASO, have joined forces to launch the ‘Tech Against Scams’ initiative. This coalition’s main objective is to address online fraud and financial schemes, emphasizing that scams are not limited to social media, cryptocurrency, or finance sectors. According to a blog post by Coinbase,
The recent surge in the price of Bitcoin, reaching heights of $71,000, was quickly followed by a correction to $67,000. Despite this dip, Bitcoin whales have shown renewed interest in the market, with significant purchases being made. These whales, defined as entities or individuals holding substantial amounts of cryptocurrency, have the power to sway market
Bitcoin had a tumultuous week, experiencing significant volatility as a result of speculation surrounding the approval of spot Ethereum ETFs in the United States. The week started with Bitcoin struggling to maintain a price above $66,000, slipping below that level multiple times. However, on Monday, Bitcoin saw a dramatic surge, gaining over five thousand dollars
The recent approval of the Ethereum Spot ETF has sparked a wave of speculations regarding the potential performance of these funds once they hit the trading floor. Analysts and experts in the industry have shared their thoughts and predictions on the level of investments these ETFs could attract, particularly in comparison to their Bitcoin-based counterparts.
Back in 2010, a Floridian programmer known as Laszlo Hanyecz made history when he purchased two Papa John’s pizzas for 10,000 BTC. At the time, the value of the cryptocurrency was a mere $0.0041, making the total cost of the pizzas around $41. Fast forward to today, and that same amount of bitcoin is now
The cryptocurrency market has seen a concerning trend lately, with an increasing number of tokens being launched with limited circulating supply and inflated valuations. This has raised questions regarding the sustainability of the upside potential for traders following the token generation event (TGE). Binance Research’s latest findings have highlighted this issue, outlining the potential risks
OKX, a major cryptocurrency exchange, recently announced that it would be discontinuing its centralized cryptocurrency trading services for residents of Hong Kong effective May 31, 2024. This decision came as a result of the exchange withdrawing its virtual asset service provider (VASP) license application. While OKX cited “careful consideration” of its business strategy as the
