The world of cryptocurrencies is evolving rapidly, and a new class of digital assets is making its mark. These innovative cryptocurrencies, known as AI crypto tokens, are gaining popularity due to their integration of artificial intelligence into the underlying blockchain architecture. One such token that has caught the attention of crypto whales is the $LPX
Cryptocurrency analyst, LuckSide Crypto, has recently offered his market commentary on YouTube, stating that Cardano’s ADA token is poised for a significant breakout in the near future. Despite recent struggles with its price, LuckSide Crypto believes that Cardano is experiencing positive market pressure and hitting key price levels, indicating a potential upward trend. ADA has
The recent lawsuit filed by the U.S. Securities and Exchange Commission (SEC) against Kraken, one of the prominent cryptocurrency exchanges, has sent shockwaves throughout the crypto industry. The SEC’s allegations against Kraken, including the commingling of user funds and acting as an unregistered broker, have raised serious concerns about regulatory oversight in the digital asset
The Fantom Foundation, a nonprofit organization developing the Fantom blockchain platform, recently experienced a significant vulnerability in its system. This vulnerability was discovered following a $550,000 hack in October. The foundation was targeted, with an unknown attacker draining 1% of its funds. However, the foundation quickly identified and mitigated the vulnerability, preventing potential losses of
Bitcoin (BTC) is currently in a consolidation phase, leaving many investors uncertain and fearful of further price declines. The latest Bitfinex Alpha report reveals that BTC is hovering around the $37,000 price range, showing signs of diminishing momentum. Additionally, positive funding rates on futures contracts, which have historically been associated with market declines, add to
Ethereum, the world’s second-largest cryptocurrency by market capitalization, has shown signs of a strong recovery as its price started a fresh increase above the $1,950 resistance level. The digital asset remained stable and consolidated its gains, leading to a breakout above the $2,000 mark and the 100-hourly Simple Moving Average. A major bullish breakout was
Bitcoin and Ethereum, the two leading cryptocurrencies in the market, have experienced a significant shift in their average daily transaction fees. According to data from BitInfoChart, Bitcoin’s average daily transaction fee stood at $10.34 on November 20, while Ethereum’s fees averaged at $8.43. This marks a reversal of their usual positions, where Ethereum typically had
Nike has recently announced an exciting collaboration with digital fashion brand RTFKT, unveiling their latest collection of sneakers, the RTFKT Dunk Genesis. Breaking away from their previous models, these sneakers can be acquired without the need for a corresponding RTFKT non-fungible token (NFT). This collaboration introduces two unique editions of sneakers, the Nike x RTFKT
Bittrex Global, a prominent cryptocurrency exchange, sent shockwaves through the community with its recent announcement of ending most exchange operations and trading activity. In a statement published on November 20, the company expressed its deep regret about this decision and acknowledged the inconvenience it would cause to its valued customers. Effective from December 4 at
The U.S. Securities and Exchange Commission (SEC) has recently taken legal action against cryptocurrency exchange Kraken. In a 90-page complaint, the SEC accused Kraken of operating as an unregistered securities exchange, broker, dealer, and clearing agency. The allegations state that Kraken has generated substantial revenue since 2018 by facilitating the trading of securities without proper
