The launch of a cryptocurrency is often a moment of excitement and expectation, promising a wealth of opportunity for both seasoned investors and newcomers hoping to strike it rich. However, the debut of the M3M3 meme coin on the Solana-based decentralized exchange Meteora has revealed a troubling undercurrent of deceit, culminating in a staggering class-action
Crypto
Bitcoin, the flagship cryptocurrency, is defying expectations as it rises dramatically amid a turbulent financial landscape. This week, Bitcoin soared to a remarkable six-week high of $88,900, marking an 18% increase from its recent low of $75,000 earlier this month—a practical testament to the cryptocurrency’s resilience and potential for resurgence. It seems Bitcoin is not
On April 20, 2023, Bitget, a rising star in the cryptocurrency exchange arena, found itself embroiled in controversy as abnormal trading activity in its VOXELUSDT perpetual futures market unfolded. The events of that morning were dramatic, with price spikes that sent ripples through the trading community, surpassing even Bitcoin’s 24-hour trading volume. This incident brings
The financial arena is undergoing a remarkable upheaval, primarily driven by the surging popularity of Bitcoin (BTC). One of the most influential players in this transition is MicroStrategy (MSTR), led by the audacious Michael Saylor. Recent revelations indicate that more than 13,000 institutions and a staggering 814,000 retail accounts now hold MSTR directly. This suggests
The Easter weekend brought no solace for the financial markets, which have been grappling with increasing volatility and uncertainty. Investors were left in limbo, as no substantive trade agreements were announced to alleviate the growing concerns on both sides of the Atlantic. The persistent unease was crystallized by U.S. President Donald Trump’s stinging criticism of
Ethereum stands at a precarious crossroads, grappling with an agonizingly low market activity that casts shadows over its future. For those who have invested their time and finances in this digital currency, the present situation is disheartening. With the price hovering just above the critical $1.5K support level, we are faced with a concerning reality:
In the fast-paced world of cryptocurrencies, the quest for scalability and efficiency has never been more critical. A fresh report from Binance Research brings to light significant challenges facing Ethereum, once the crown jewel of the blockchain landscape. While Ethereum boasts a robust security model and an extensive network of developers, its increasingly high fees
In a shocking decision that reverberated across the digital currency landscape, the privacy-focused exchange eXch announced it will cease all operations as of May 1st. This move comes in light of intense scrutiny and grave allegations, particularly concerning its purported involvement in facilitating money laundering linked to the February Bybit hack. The allegations that eXch
Gary Gensler’s voice resonates through the cryptocurrency arena like a dissonant chord, pointing to a worrying truth that many enthusiasts might prefer to ignore: the overwhelming influence of market sentiment on digital assets. In a recent stark interview on CNBC’s Squawk Box, Gensler argued that the valuation of cryptocurrencies is largely disconnected from the intrinsic
The current Bitcoin landscape feels markedly different than the past euphoric bull runs that have dominated the crypto narrative. There’s an unusual serenity in the air, a palpable shift in the fervor that once surrounded soaring prices. While many investors are observing with cautious optimism, it’s crucial to recognize how the dynamics of the market