The world of cryptocurrency is filled with speculation and bold predictions, especially when it comes to the price of Bitcoin. Analysts have been divided on whether Bitcoin will recover from its recent crash and hit new all-time highs. While there is a strong bearish sentiment prevailing in the market, some analysts, like those from Bernstein,
Samuel Edyme, also known as HIM-buktu, is a name that resonates in the world of web3 content writing, journalism, and trading. His journey into the crypto universe was not without its challenges, starting with a Ponzi scheme that taught him valuable lessons early on. Instead of being deterred by the scam, Edyme used it as
SEC Commissioner Hester Peirce has expressed ongoing concerns regarding the SEC’s Staff Accounting Bulletin No. 121 (SAB 121). In response to a speech by SEC Chief Accountant Paul Munter affirming the Commission’s stance on SAB 121, Peirce reiterated her reservations. She questioned both the content and process of the regulation, underscoring the need for a
Bitcoin’s recent surge from $53,600 to just over $58,000 has caught the attention of many investors. This increase in price coincided with a change in the trend of US spot Bitcoin ETFs. The ETFs experienced almost $900 million in net outflows in recent weeks, causing a drop in Bitcoin’s price. However, on Monday, investors broke
In recent months, the Cardano (ADA) ecosystem has seen significant growth across various key metrics. Despite the bearish market sentiment affecting ADA’s price, the Cardano Foundation reported increased investor activity and blockchain usage. Smart contract transactions surged by 31%, metadata transactions grew by 20%, while simple transactions faced a decline of 49%. Overall, Cardano recorded
Gamee, a prominent player in the mobile gaming sector, has made a significant move by venturing into the blockchain gaming space with its latest game, WatBird. This innovative game aims to bridge the gap between casual gaming and blockchain technology, offering gamers an accessible introduction to Web3. WatBird’s main attraction is Wat Racer, a compelling
In 2024, the US Securities and Exchange Commission (SEC) set a new record by imposing fines totaling $4.68 billion against cryptocurrency companies. This marked a significant escalation in the agency’s regulatory actions, with the total amount of fines levied since 2013 reaching $7.42 billion. The spike in fines in 2024 accounted for 63% of the
In recent months, Coinbase has experienced a significant drop in market share, according to a report by research firm Kaiko. While Coinbase previously held over 50% of the US crypto market earlier in the year, its market share has now fallen to 41% as of early September. This decline has opened up opportunities for smaller
Bitcoin (BTC) faced a significant price drop over the weekend due to the release of August nonfarm payrolls (NFP) data that did not meet analysts’ expectations. The cryptocurrency saw a sharp decline of almost 5% after the NFP data release, dropping below the $54,000 range, which was its lowest level since early August. This price
Grant Thornton, a leading global auditor, recently conducted a comprehensive review of Liminal’s infrastructure in response to the WazirX hack on July 18. The audit reaffirmed that Liminal’s systems were not compromised during the hack. The investigation found no evidence of compromise in Liminal’s frontend, backend, or user interface (UI). The platform, known for offering