In recent weeks, Bitcoin Cash (BCH) experienced a series of downward price movements, leading to a significant retracement of -27% since June 30. However, there has been a remarkable recovery with a +8.5% rally as holders strive to trigger a consolidation level. This strong display of resilience by BCH holders comes after facing rejection from
Worldcoin, a global World ID verification project, has recently claimed that its demand doubled during the first week of its launch. Despite the initial regulatory challenges it faced across multiple jurisdictions, the release of new Orbs worldwide contributed to the surge in weekly verifications. This growth adds to the already high verifications rate the project
Shiba Inu coin, a cryptocurrency that has been making waves in the financial world, recently experienced a significant 15% increase in value. This surge has raised questions about its ability to withstand a bear market and whether it is simply generating noise in the market. Let’s delve deeper into the recent developments and analyze Shiba
XRP, one of the top cryptocurrencies, is facing a significant challenge as massive whale wallets unload a substantial number of tokens into the market. These large holders of XRP have recently dumped over 100 million tokens, putting significant selling pressure on the price. The actions of whales reflect the broader market sentiment, often triggering a
With the continuous evolution of cyber threats, Blackberry has recently detected multiple malware families that target crypto assets, leading to massive campaigns in stealing cryptocurrencies from vulnerable devices. In the recent edition of ‘The BlackBerry Global Threat Intelligence Report,’ the once-dominant smartphone giant highlighted the finance, healthcare, and government sectors as the most targeted industries
In the ever-evolving world of decentralized finance (DeFi), uncertainties often arise, leaving protocols to navigate uncharted waters. Amidst this climate of uncertainty, Aave Chan founder Marc Zeller has put forth a controversial proposal for the Aave Treasury to purchase $2 million worth of Curve DAO Tokens (CRV) from Curve Founder Michael Egorov. This move has
MicroStrategy, co-founded by former CEO Michael Saylor, has gained significant attention as one of the largest holders of Bitcoin. In a recent discussion with Bloomberg, Saylor emphasized that potential approvals of Spot Bitcoin ETFs by the SEC would not impact his company’s “Bitcoin Strategy.” This article critically examines MicroStrategy’s unique approach to Bitcoin and its
The Australian Securities and Investments Commission (ASIC) has recently filed a lawsuit against the online trading platform eToro, accusing it of violating financial regulations related to cryptocurrency derivative products. This alleged violation has reportedly led to two-thirds of Contract For Difference (CFD) traders losing their funds. The ASIC Deputy Chair, Sarah Court, expressed disappointment over
The cryptocurrency market is abuzz with anticipation as the highly anticipated Shibarium launch draws near. Shiba Inu, originally a meme-based cryptocurrency, has now established its position in the market. Recent data from IntoTheBlock reveals significant activity among Shiba Inu’s whales, who have moved billions of SHIB tokens in the past 24 hours. This surge in
Bitcoin price is facing significant resistance as it struggles to break above the $30,000 level. The leading cryptocurrency started a fresh decline after failing to clear the resistance zone, and it is currently trading below key support levels. BTC attempted to surpass the $30,000 resistance zone but faced selling pressure, resulting in a fresh decline.
