Bitcoin has seen a lackluster performance since its peak in March, with analysts from CryptoQuant attributing this stagnation to the tight monetary policy in the United States. The diminished stablecoin supply, a direct result of the Federal Reserve’s decision to raise interest rates starting in early 2022, has hindered Bitcoin’s ability to rally further. Despite
Crypto
The cryptocurrency industry is constantly evolving and presenting new opportunities for investors. However, along with these opportunities come risks, especially when it comes to the security of your digital assets. One sector that is particularly vulnerable to malicious activities is the meme coin sector, where tokens like Shiba Inu (SHIB) have gained massive popularity. Recently,
Bitcoin recently faced a significant correction, dropping below $54,000 for the first time since February. This led to different speculations among market analysts. While some believe that this could signal an end to the current bull market, others argue that such corrections are a normal part of Bitcoin’s growth trajectory. One prominent analyst, il Capo
As the restitution for the users of the defunct Mt. Gox exchange approaches after a decade-long wait, the market is bracing itself for potential turbulence. Recent reports suggest that market participants are feeling anxious about the impending distributions and are worried about the possibility of increased sell-offs. Bitcoin, the leading cryptocurrency, has been on a
The recent 15% drop in the crypto markets has caused a stir, with over $350 million exiting the space. This correction has led to monthly support levels being broken and crypto assets reaching their lowest levels since late February. However, market analysts like Adam Back have pointed out that such corrections are not unusual in
The world of cryptocurrency is constantly evolving, with meme coins gaining popularity and attention during the latest bull cycle. As Bitcoin remains a major player in the market, the performance of meme coins like Shiba Inu (SHIB) and Dogecoin (DOGE) is closely tied to its movements. With the upcoming US Presidential elections also on the
PancakeSwap, a popular multi-chain decentralized exchange (DEX), has recently introduced a significant community reward program that is set to run from July 5 to August 5. This initiative aims to distribute a total of 2.45 million zkSync (ZK) tokens to its community members as a token of appreciation for their support of the zkSync PancakeSwap
In the past 24 hours, the cryptocurrency market has taken a major hit, with the total capitalization dropping to a low of $2.07 trillion. This marks an 8.6% decrease in value across the board. Most of the top digital assets are showing losses, with only a select few managing to see minor gains. Bitcoin, the
Bitwise, the asset management firm, has taken a significant step by amending its S-1 registration with the United States Securities and Exchange Commission (SEC) to allow the listing and trading of shares for a spot Ether exchange-traded fund (ETF). This move comes in light of SEC Chair Gary Gensler’s recent statement indicating that the commission
BitMEX, a derivatives exchange operating from Seychelles, has excited the trading community with its recent announcement of the MEMEMEXTUSDT Basket Index Perpetual Swap Contract. This innovative product is aimed at providing traders with a unique opportunity to gain exposure to a selection of the top meme coins in the market through a single contract. Positioned
