In the past 24 hours, Tellor (TRB) has taken investors on a wild rollercoaster ride, experiencing a surge and a drop reminiscent of price manipulation. The cryptocurrency soared to over $600 in the late hours of 2023, only to come crashing down to $137 soon after. This extreme price volatility has raised eyebrows and prompted
In recent years, meme coins have gained significant attention in the cryptocurrency space. These coins, such as $SHIB, $DOGE, and $SPONGE, have attracted investors with the potential for substantial gains. One of the latest additions to the meme niche is $TSUKA, a Solana-based token inspired by the Japanese legend of the Dejitaru Tsuka Dragon, which
The US Securities and Exchange Commission (SEC) is expected to notify asset managers regarding the approval of their spot Bitcoin ETF applications as early as next week, according to a report from Reuters. This update comes ahead of the January 10 deadline for the SEC to make a decision on whether or not to green-light
In 2023, cryptocurrency investments experienced a notable transformation as crypto venture capital (VC) funding saw a significant decline of 68%. The total investment dropped from $33.3 billion in 2022 to $10.7 billion. However, despite this decrease, 2023 remains the third-highest year in terms of total crypto investments, surpassing the figures seen during the previous bear
The notorious crypto-hacking group known as Pink Drainer has once again made headlines with their involvement in a highly sophisticated phishing scam. This time, the scam resulted in a loss of $4.4 million worth of Chainlink (LINK) tokens. Targeting a single victim, Pink Drainer employed a deceptive tactic that led to the signing of a
Catalyx, a Canadian-based crypto trading platform, recently fell victim to a serious security breach. This unfortunate incident resulted in the loss of customer funds held in its custody. Despite the lack of specific details regarding the exact value of the loss, Catalyx has taken immediate action by suspending both crypto and fiat withdrawals while investigations
The emergence of OpenAI’s ChatGPT last year has sparked a wave of innovation in artificial intelligence (AI) technology. This development has not only revolutionized various industries but has also had a significant impact on the cryptocurrency market. Traders are now drawn to protocols that offer compelling AI-based use cases and value propositions, giving rise to
The custody division at Coinbase Global, a prominent cryptocurrency exchange, has recently undergone a change in leadership, signaling the company’s strategic move to cater to the growing demand for custodial services from Bitcoin exchange-traded fund (ETF) applicants. Aaron Schnarch, the former CEO of Coinbase Custody, has stepped down from his position and has been replaced
The cryptocurrency market has been through significant challenges in 2023, such as regulatory hurdles and reputation concerns. However, Bitfinex, a prominent cryptocurrency exchange, remains optimistic about the future growth and resilience of Bitcoin and other crypto assets. In their year-end Alpha report, Bitfinex predicts that the total market capitalization, which currently stands at approximately $1.6
Bitcoin price recently faced significant resistance near the $44,000 zone, signaling potential downside risks. This article examines the current price movement and key levels to watch, including support and resistance levels that could determine Bitcoin’s future direction. After attempting to break above the $43,200 level, BTC struggled to surpass the crucial resistance zone of $44,000.
