In the past 24 hours, both Shiba Inu and Pepe have seen an impressive 8% surge, outperforming the wider cryptocurrency market. This comes as the news broke that the SEC has delayed its decision on the Ark Bitcoin ETF, causing a slight decline in the overall market. While this may seem like a setback for
Nansen, a blockchain market intelligence firm, recently published a comprehensive report analyzing the behavior of the earliest whales on Coinbase’s layer 2 blockchain, Base. The report sheds light on how these early adopters are utilizing their funds and provides valuable insights into their investment strategies. According to Nansen’s findings, the early whales predominantly allocated their
The native token of GMX, a decentralized perpetual exchange for trading complex crypto derivatives, is currently facing intense selling pressure. As of August 11, the governance token has experienced a 7% decline in value, resulting in monthly losses of 24%. This significant downturn has brought prices close to $40, which marks a critical support level
Financial markets have always been known for their unpredictable nature, making it challenging for investors to make informed decisions. However, with the rise of technology, particularly artificial intelligence (AI), a new wave of tools is changing the face of trading. One startup that is paving the way in this industry is yPredict, which offers traders
Evernode, a layer 2 smart contract solution developed on the XRP Ledger (XRPL), has recently disclosed the initial details of its upcoming airdrop. This airdrop is specifically intended for XRP holders who meet the eligibility criteria. To participate in the airdrop, XRP holders are required to provide a snapshot of their holdings by the beginning
Art collection has always been about more than just the artwork itself. The artist’s identity and the story behind each piece have traditionally played a significant role. However, with the emergence of NFTs (Non-Fungible Tokens) as a means of attributing provenance to digital objects, the art world has witnessed a paradigm shift. Grails by PROOF,
Chinese law enforcement agencies are facing a growing menace in the form of fraud and data theft within the Web3 sector. As technology continues to advance rapidly, criminals are increasingly leveraging sophisticated techniques to exploit unsuspecting individuals. Trojan viruses, phishing sites, infiltration tools, and cyberstalkers are just a few of the deceptive methods being employed
The Ethereum price has encountered a correction phase after struggling to break through the resistance levels at $1,875 and $1,880 against the US Dollar. Similar to Bitcoin, Ethereum experienced a gradual decline below the $1,850 pivot level. If the bearish trend continues, Ethereum could drop towards the $1,820 support level. This critical juncture is where
Crypto enthusiasts were left scratching their heads after witnessing unusual price movements for Ripple’s XRP token on the Gemini crypto exchange. Screenshots shared on social media revealed what many referred to as a “price glitch” that caused the displayed price of XRP to skyrocket above $1 and even reach an astonishing $50 at one point.
In a recent announcement, Binance Labs revealed its investment of $5 million in Curve DAO Token (CRV). This strategic collaboration aims to strengthen the DeFi platform after it experienced a recent attack. Yi He, Co-Founder of Binance and Head of Binance Labs, stated that the investment is a demonstration of the full support offered by
The U.S. Securities and Exchange Commission (SEC) has recently announced a settlement of $24 million with Bittrex and its former CEO, William Shihara. This settlement follows a series of allegations made by the SEC against Bittrex. One of the prominent allegations was that coin issuers looking to list their tokens on the exchange were instructed
Binance Labs, the venture arm of the prominent cryptocurrency exchange Binance, has recently made a significant investment of $5 million in Curve (CRV), the token of the decentralized stablecoin trading platform. This investment marks a turning point for Curve and has far-reaching implications for the decentralized finance (DeFi) ecosystem. Curve is distinguished as the largest
The central bank digital currency (CBDC) issued by Banco Central do Brasil is reportedly set to see the light of day in 2024. Its main purpose will be to boost financial services in the country. Brazil is not the only nation interested in introducing a CBDC, as countries like China, Russia, Japan, Australia, and the
Trading can often seem like a perplexing puzzle, with traders scrambling to piece together crucial bits of information. With the rise of cryptocurrencies, the challenge has grown. But imagine if technology could simplify making sense of it all to see the bigger picture. yPredict, an AI-powered platform for crypto trading research, is on a mission