In a dramatic sequence of events, Bitcoin’s value plummeted by approximately $3,000 within a matter of minutes on Friday night. While it managed to reclaim some footing, hovering around the $67,000 mark, the broader implications of this volatility swept through the entire cryptocurrency market. Nearly $70 billion vanished from the total market cap overnight, highlighting
admin
WazirX, an Indian cryptocurrency exchange that has been through its share of controversies and challenges, recently published a proof-of-reserves (PoR) report on October 25. This report disclosed that over 40% of customer assets are nestled within third-party exchanges, raising eyebrows and spotlighting the platform’s liquidity status and asset management practices. This move towards transparency is
The cryptocurrency landscape has often been marred by stories of fraud, mismanagement, and sudden collapses. One of the more alarming narratives involves Grant Colthup, the former CEO of ACCE Australia, who now faces serious legal troubles that stem from his tenure at the company. Recently charged with a single count of fraud by the Australian
Bitcoin has firmly established itself as the frontrunner in the cryptocurrency realm, especially when it comes to long-term holding metrics. The latest findings from IntoTheBlock reveal that Bitcoin boasts an impressive average holding period of 4.4 years. This substantial time frame reinforces Bitcoin’s image as a reliable store of value, often dubbed “digital gold” by
The meme coin Cat in a Dogs World (MEW) has become a sensation in the cryptocurrency market, recently achieving remarkable milestones that have caught the attention of traders worldwide. Surging an impressive 85% over the last two weeks, MEW not only reached an all-time high of over $0.01 but also surpassed a pivotal market capitalization
The cryptocurrency market is currently experiencing a pivotal moment, particularly with Bitcoin nearing the critical threshold of $70,000. Despite the bearish sentiment affecting the traditional equity markets, Bitcoin’s price has demonstrated resilience and the potential for notable upward movement. This article explores recent projections from prominent crypto analysts regarding Bitcoin’s trajectory and the various patterns
In a noteworthy step towards enhancing international cooperation against financial crimes, the United States and Nigeria have established the Bilateral Liaison Group. This collaborative framework, announced on October 23, reflects a commitment from both nations to address the complexities posed by the rapid adoption of cryptocurrencies and their association with illicit activities. The initiative underscores
With the advent of Web3 technology and its impact on various sectors, gaming has not been left untouched. Among the rising stars in this burgeoning landscape is Telegram, a messaging application boasting over 900 million active users. This platform has recently experienced a remarkable surge in gaming activity, positioning itself as an essential player in
In the ever-evolving landscape of cryptocurrency, Cardano (ADA) continues to assert its presence, drawing the attention of analysts and investors alike. Recent insights from renowned crypto analyst Melika Trader provide valuable examinations of ADA’s technical aspects, especially in terms of potential price movements and support levels. Through this analysis, we can better understand the dynamics
The digital landscape is constantly evolving, and within this dynamic environment, Tomarket is poised for an impressive milestone: the impending launch of the TOMA token on The Open Network (TON). Scheduled for October 31, 2024, this event signifies not just a new token but a crucial advancement for users and developers alike on the Telegram
