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
A Nigerian court recently delayed the ruling on the bail application for Tigran Gambaryan, a detained executive from Binance, until October 9. This decision came after arguments were presented by Gambaryan’s lawyer, Mark Mordi, and the prosecuting counsel, Ekele Iheanacho, who opposed the bail request. The lawyer had submitted a new bail application on September
In a recent analysis, ITC Crypto founder and CEO Benjamin Cowen pointed out a wedge chart pattern in the current cycle of Ethereum that is reminiscent of patterns seen in previous cycles, albeit on a much larger scale. He highlighted the ETH/BTC structure bottoming out after an interest rate cut in 2019 and suggested that
The recent announcement by Zurich Cantonal Bank regarding its entry into the cryptocurrency market has sparked significant interest in Europe. With the launch of Bitcoin and Ethereum trading services on September 4, 2024, the fourth-largest Swiss bank is aiming to provide its customers with 24/7 cryptocurrency trading and custody services through its digital platforms such