The price of Ethereum has been disappointing investors lately, with the initial stellar start to the month not living up to expectations. This bearish pressure is not limited to Ethereum alone but is a widespread phenomenon in the cryptocurrency market as a whole. However, what sets Ethereum apart is the additional concern of regulatory uncertainty,
The recent report released by the United Nations Security Council sheds light on the alarming fact that North Korea earns a significant portion of its foreign exchange earnings through cyberattacks. According to the report, approximately 50% of North Korea’s foreign exchange earnings are derived from cyber-related activities, making it a major source of revenue for
Ethereum’s network has experienced a significant increase in daily active users and daily transaction volume. Despite this growth, the price of ETH, Ethereum’s native cryptocurrency, has seen a decline of over 10% in the past week. This decrease in price is particularly notable when compared to Bitcoin and the S&P 500. However, the number of
Amidst rising inflation and economic instability in Argentina, there has been a noticeable shift towards Bitcoin as a safe haven. Recent data suggests a significant surge in Bitcoin purchases in the country, reaching the highest volume seen in 20 months. This increase in interest and adoption of Bitcoin highlights the growing appeal of the cryptocurrency
The cryptocurrency market is currently experiencing a pullback, following Bitcoin’s surge to a new all-time high. Ethereum (ETH) is also feeling the effects of this downward movement, after recently hitting a yearly high of $4,094. The price of Ethereum has been on a decline since then, with it now trading below the 100-day Moving Average
The meme coin sector has recently experienced a remarkable surge in popularity, with a number of assets witnessing substantial price increases and garnering significant attention from investors. These assets have not only captured the interest of traders but have also become a hot topic for discussion on various social media platforms. Contrary to popular belief,
The XRP ecosystem has taken a significant leap forward with the integration of an Automated Market Maker (AMM) functionality within the XRP Ledger. This innovation has revolutionized the way liquidity is provided and token swapping is facilitated within the ecosystem. Shortly after the launch of AMM features, XRPScan reported the creation of the first AMM
The Bitcoin spot ETF market has been experiencing a slump in recent days, mirroring the decline in Bitcoin’s price. Data from BitMEX Research shows that these BTC ETFs have been seeing negative netflows over the last four trading sessions. The most noticeable outflows have been from Grayscale’s GBTC, with BlackRock’s IBIT and Fidelity’s FBTC also
The recent surge in inflammatory memecoins on Solana has sparked outrage within the crypto community. Unknown parties took advantage of Solana’s token creation feature to introduce thousands of memecoins that contained racist, antisemitic, and anti-China terminology. This trend has raised concerns about the misuse of the platform and its potential impact on the crypto ecosystem.
In the world of cryptocurrency, meme coins have gained significant popularity, with Shiba Inu being a dominant player with a market cap of $15.59 billion. However, with concerns about the limited upside potential of Shiba Inu, investors are now turning their attention to the latest ICO called Dogwifcat ($DWIFC) in search of astronomical returns. While
