In the wake of the recent assassination attempt on former US President Donald Trump, cryptocurrency tokens related to him have experienced a significant surge in value. Despite the dramatic events that unfolded, Trump ultimately survived the attack, leading to a sharp increase in the prices of tokens associated with him. Reports indicate that Trump has
Crypto
Bitcoin’s price has been experiencing enhanced volatility in the past week, with its value fluctuating between $54,000 and almost $60,000. Currently, the cryptocurrency is trading at around $58,000 according to Coingecko’s data. Analysts are speculating that a potential surge in price could be on the horizon, with predictions reaching as high as $90,000-$100,000 in the
The stability of stablecoins in the cryptocurrency market has been a subject of much debate and scrutiny in recent years. Despite the dominance of Tether’s USDT, the landscape is starting to shift. Data from Kaiko indicates a decline in USDT’s market share on centralized exchanges, dropping from 82% to 74% in 2024. This shift can
The recent announcement from Arkham Intelligence indicating that Germany’s on-chain Bitcoin wallet balance has reached zero is extremely significant. This news suggests that the sell pressure from Germany, a major player in the European economy, is likely coming to an end. The latest outflows from the wallet mark the conclusion of a bearish trend that
During a hearing on July 11, Judge Katherine Polk Failla showed skepticism towards Coinbase’s attempts to subpoena SEC Chair Gary Gensler in the ongoing SEC case against the cryptocurrency exchange. The Judge expressed her doubts regarding Coinbase’s efforts to acquire Gensler’s communications, including statements made before he took on the role of SEC Chair in
Ethereum’s price has been facing a significant decline recently, particularly after being rejected for the second time at the $4,000 resistance level. This rejection has led to a series of lower highs and lows on the daily chart, indicating a bearish trend in the market. Additionally, the price has broken below the critical 200-day moving
The recent news coming out of the German state of Saxony has caused quite a stir in the cryptocurrency community. The state has been rapidly depleting its Bitcoin reserves after seizing assets from the film piracy website Movie2K earlier this year. The government has been auctioning off around $3 billion worth of BTC, with a
Bitcoin experienced a surge in price, reaching close to $60,000 after the release of CPI numbers. However, this upward momentum was short-lived as the cryptocurrency retraced by over two thousand dollars. The market has been highly volatile, with the asset’s price moving dramatically in a matter of hours. While Bitcoin has been on a rollercoaster
Railgun, a popular crypto privacy protocol, recently made headlines for successfully foiling an attempt by Inferno Drainer to launder stolen funds. The anti-money laundering tracking system, MistTrack on X, revealed that over 174 ETH, equivalent to $533,000, was intercepted by Railgun. This forced the perpetrators to return the stolen ETH to Inferno Drainer’s original wallet,
Bitcoin, the leading cryptocurrency, recently experienced a halt in its upward momentum as the price dropped from its climb towards $60,000 to just over $58,000 after a minor retracement in the past day. This retracement comes after a period of recovery following a significant drop to a multi-month low of just under $54,000. The pressure
