After experiencing several days of decline, with bitcoin dropping to around $40,500, the cryptocurrency market finally witnessed a significant turnaround as bitcoin initiated a notable leg-up, surging past $43,000. The altcoins also followed suit, with SOL jumping above $70 and ADA touching $0.6. The recent past has been riddled with challenges for the primary cryptocurrency,
One analyst recently provided an update on the price outlook for Cardano (ADA) token, noting upward momentum but expressing skepticism about a sustained uptrend. Although ADA showed a recent “green candle” on the price chart, the analyst cautions that this alone does not indicate the start of a significant upward movement. There is a lack
ZKGROK, a ZKsync-based token, has experienced an incredible overnight surge, skyrocketing 130x in value. This unexpected pump has propelled the token to the third position on DEXtool’s hot pairs. Investors who got in early have reaped substantial profits. However, many are beginning to wonder if the next big thing in the meme coin market could
BlackRock, one of the prominent asset managers, has filed a new amendment to the S-1 filing for its Bitcoin exchange-traded fund (ETF), known as the iShares Bitcoin Trust. The recent filing includes significant changes that indicate recent discussions between BlackRock and the U.S. Securities and Exchange Commission (SEC). It also introduces a market ticker symbol
Bitcoin (BTC) experienced a significant rally last week, surpassing the $44,000 mark. However, it encountered strong resistance at nearly $45,000 and subsequently dropped in value. An analyst at market analytics platform CryptoQuant suggests that profit-taking by a specific group of investors may have triggered the retracement. Through an analysis of on-chain data, CryptoQuant’s analyst, Yonsei,
In a bid to foster innovation in the crypto industry and overcome existing regulatory obstacles, the leaders of the UK Treasury have presented a set of rules known as Digital Securities Sandbox (DSS) regulations before the parliament on December 18. The main objective of these regulations is to establish a controlled environment that enables companies
Aurory (AURY), a blockchain-based tactical Japanese role-playing game built on Solana (SOL), recently experienced a significant liquidity loss in its Camelot’s AURY-USDC pool. This incident was a result of a hack on the SyncSpace bridge, leading to the unauthorized withdrawal and subsequent market sale of approximately 600,000 AURY tokens on the Arbitrum (ARB) network. In
Improbable, a renowned name in metaverse technology innovations, recently made a significant announcement. The company has sold its gaming division, The Multiplayer Group (MPG), to Keywords Studios for a whopping £76.5 million ($97.1 million). This strategic move is set to enhance Keywords Studios’ ‘Create’ division by incorporating MPG’s extensive expertise in multiplayer game development. MPG’s
Bonk Inu (BONK) has recently emerged as a sensation in the cryptocurrency market, drawing attention from investors and crypto enthusiasts alike. Co-founder of BitMEX, Arthur Hayes, took to Twitter to praise BONK’s valuation performance and even suggested that it could surpass Shiba Inu (SHIB) to become the second-biggest memecoin in the digital asset world. Exploring
Bitcoin, the leading cryptocurrency by market cap, is experiencing a pullback in its recent gains. After reaching new heights, there is speculation that the digital asset could retrace further, potentially falling back to the $30,000 mark. This article delves into the current state of Bitcoin, examining the factors contributing to its decline and the potential
