Arthur Hayes, the co-founder of BitMEX, recently shared a pessimistic forecast for the future price of Bitcoin. In a candid statement on his X profile, Hayes hinted at a potential drop in the price of Bitcoin to below $50,000 over the weekend. His decision to take a short position reflects his belief in a bearish
The ApeCoin ecosystem recently unveiled a groundbreaking Blueprint that is poised to shape its future development. This Blueprint specifically focuses on the ApeChain blockchain layer, which plays a vital role in supporting the ecosystem and its users. With a strong emphasis on enhancing user experience, boosting developer productivity, and expanding ecosystem exposure, ApeChain is set
Investors in the cryptocurrency market are constantly bombarded with news, trends, and community discussions that shape their investment decisions. One significant narrative that has been dominating the market is the influence of crypto whales – large holders of bitcoin and other major cryptocurrencies. These whales have the power to move the market significantly, causing both
The recent security breach at the Indian crypto exchange WazirX has raised concerns in the industry. The hacker responsible for stealing over $235 million has transferred around $10 million through sanctioned Tornado Cash in the past 24 hours, according to blockchain security firm Cyvers. Cyvers reported that the hacker had begun moving assets the previous
The summer of 2024 has not been kind to Bitcoin, with the price experiencing significant volatility and flash crashes. The price of Bitcoin dropped from over $70,000 to below $50,000 in a short period of time, sparking concerns among investors. However, crypto analyst Crypto Jelle has identified similarities with the summer of 2023 that suggest
Samuel Edyme, known in the web3 circles as HIM-buktu, is a multifaceted individual with a rich tapestry of experiences in the realms of content creation, journalism, and trading. His journey into the world of cryptocurrency was not a smooth sail but rather a tumultuous ride filled with highs and lows that shaped his persona and
Recently, the Future Forward USA PAC, a supporter of Vice President Kamala Harris’ presidential campaign, made waves by announcing that they would start accepting crypto donations through Coinbase Commerce. This move sparked interest and raised questions about the increasing role of digital currencies in political funding. During the Citigroup’s 2024 Global TMT Conference in New
Robinhood’s crypto division has found itself in hot water, agreeing to pay a hefty $3.9 million fine to settle a California investigation into its questionable past practices. The California Attorney General, Rob Bonta, revealed that the settlement was reached due to Robinhood Crypto’s troubling behavior of preventing users from withdrawing their digital assets from 2018
X Empire, formerly known as Musk Empire Game, is a tap-to-earn crypto game on Telegram that has captured the attention of players looking to delve into the world of blockchain-based games. With the unique combination of tap-to-earn mechanics and cryptocurrency rewards, X Empire offers an enticing experience for those eager to explore the potential of
The recent price volatility of Bitcoin, including a significant crash below $50,000 last month, has caused a slowdown in the momentum of the anticipated bull run. Despite this price lull, some analysts remain optimistic about Bitcoin’s future price movements. One crypto analyst, CryptoCon, views Bitcoin’s recent price drop as a minor setback and believes that
