Over the past two weeks, bitcoin has experienced a market correction of approximately 11% along with wild and volatile price swings. Despite a brief rebound to $58,000, the leading crypto asset still has a considerable distance to cover before reaching its all-time high levels. Recent on-chain data from Santiment indicates that wallets holding less than
In May 2019, the Federal Reserve made the decision to cut rates, triggering a 57% drop in Cardano’s price. The rates at that time were significantly lower than what they are today, and the national debt was also lower compared to the current level of nearly $35 trillion. The interest rates have now more than
Recently, Binance’s subsidiary Tokocrypto made headlines by obtaining a Physical Crypto Asset Trader (PFAK) license from Indonesia’s Commodity Futures Trading Regulatory Agency (Bappebti). This significant milestone positions Tokocrypto as only the third exchange in Indonesia to receive such a license, amidst a total of 35 prospective crypto exchanges registered with Bappebti. In the past year,
The recent analysis by crypto analyst Kaleo sheds light on Bitcoin’s current position in the market. Despite being stuck in a downtrend, fundamental analysis suggests that Bitcoin is actually in a healthy position. Kaleo compared Bitcoin’s performance after the recent April 2024 halving to its performance after the previous halving in May 2020. The analysis
Recently, Nubank, a prominent fintech bank, made the controversial decision to suspend trading for its cryptocurrency, Nucoin. This announcement came amidst concerns about the bank’s financial stability. In a blog post on September 10, Nubank revealed that Nucoin would no longer be available for purchase or sale within its app. Instead, it would function solely
The price of Ethereum (ETH) has been stagnant lately, much like Bitcoin (BTC). A well-known crypto analyst, Benjamin Cowen, has analyzed Ethereum’s price movements and suggested that the pioneer altcoin may hit a bottom in the next three months. Cowen has pointed out a potential correlation between ETH’s price declines and the rising unemployment rates
Samuel Edyme, also known as HIM-buktu, is not your average web3 content writer. With a diverse background that includes journalism and aspirations to become a trader, Edyme brings a unique perspective to the crypto space. His journey into the world of cryptocurrency did not begin with a successful investment, but rather with a scam. Despite
The cryptocurrency market is starting to show signs of recovery, with Ethereum (ETH) making small gains in the past 24 hours. After a sharp decline last week that saw ETH drop to $2,154, the digital asset is now edging closer to the $2,400 mark, bringing hope to investors. Market expert Jesse Olson recently pointed out
The much-anticipated Rocky Rabbit Telegram game is set to have its airdrop on September 23, 2024, conducted on The Open Network (TON). This event aims to distribute tokens to loyal players who have actively engaged with the game’s mechanics and referral system. This airdrop marks a crucial moment in the game’s development by rewarding early
The cryptocurrency ecosystem has once again been targeted by scammers, this time setting their sights on users of the popular exchange Gemini. Jameson Lopp, co-founder of CasaHODL, recently uncovered a new phishing scam that attempts to deceive users into transferring their funds to malicious actors. The scam involves a fake data breach notice claiming that