Cryptocurrencies have been gaining significant attention in recent months, particularly with Bitcoin leading a widespread rally in the market. As Bitcoin approaches the $48,000 mark, many investors are now shifting their focus to smaller-cap altcoins in search of the best crypto to buy today. This article will analyze the top performers and assess their potential
The New York Attorney General’s Office (NYAG) has recently expanded its fraud claims against Digital Currency Group (DCG) and its affiliates, asserting that the losses incurred now amount to a staggering $3 billion. The lawsuit, which initially alleged losses of over $1 billion, has been amended to include an additional $2 billion in losses, affecting
Following a successful DYM airdrop, the price of the native DYM token has doubled, bringing attention and anticipation to the Dymension Network project. With over 70 million DYM tokens distributed to holders, worth a reported $400 million, there is considerable excitement surrounding the potential price action of DYM. However, the launch of the token has
In her recent testimony before the Senate Banking, Housing, and Urban Affairs Committee, Treasury Secretary Janet Yellen emphasized the need for Congress to enact stricter regulatory measures for cryptocurrencies and maintain vigilance on the deployment of artificial intelligence (AI) in financial services. Yellen’s statements reflect a growing consensus on the multifaceted risks posed by the
In the latest major airdrop development on Solana, the new meme coin Smog Token (SMOG) has made waves in the crypto market. The launch of Smog Token was met with great success, with its opening market cap reaching an impressive $37M. Now, the Smog development team has announced that they will be expanding their reach
The surge in the total assets under custodial accounts within the crypto market has been nothing short of remarkable. Over the past four months, these accounts have seen a staggering 250% increase, fueled in part by the growing anticipation of a bull run and the integration of cryptocurrencies into daily life. In addition, macroeconomic conditions
Bitcoin has made an impressive leap, surpassing the $46,000 mark on February 9th. This significant milestone came after the cryptocurrency encountered a strong resistance level at $44,000. The resistance had hindered price increases since the introduction of spot Bitcoin ETFs in the United States about four weeks prior. However, with the onset of East Asia’s
Bitcoin (BTC) has recently hit a major milestone, surpassing $46,000 for the first time since spot ETFs were introduced on January 11. This significant increase of 3.4% in a single day and a 6% increase over the previous week has sparked renewed interest in the cryptocurrency. Despite a rocky start to Bitcoin’s 2024, marked by
Prometheum, an “alternative” trading platform for crypto “securities” assets, has recently made headlines with the launch of its custodial services for Ethereum (ETH). This move has significant implications for the legal status of the second-largest cryptocurrency by market capitalization. Fortune Magazine reported that Prometheum’s strategy is to compel regulators, particularly the Securities and Exchange Commission
Sky Mavis, the creator of Axie Infinity, has recently announced an exciting collaboration with GMonsters and mobile game publisher MIXI, which will bring titles from MIXI’s Fight League franchise to the Ronin blockchain. The Ronin blockchain, specifically designed for games, has gained popularity and attracted third-party games like Pixels, The Machines Arena, and Zoids Wild