The cryptocurrency market saw a significant downturn this past week, with Bitcoin dropping by an alarming $10,000 within a short period. While there are various factors at play, many of them seem to have a connection to the United States. The week started off on a positive note, as Bitcoin’s price surged by $3,000 on
The recent price situation of Bitcoin has taken a turn for the worse as the cryptocurrency plummeted to under $60,000 for the first time in several weeks. This steep drop has sent shockwaves throughout the entire crypto market, causing significant volatility and panic among investors. The impact of Bitcoin’s decline has been felt even more
Nader Al-Naji, the founder of BitClout, a social media platform, has recently come under fire by the US Securities and Exchange Commission (SEC) and the Department of Justice (DOJ). Both regulatory bodies have charged Al-Naji with orchestrating a multi-million-dollar fraudulent crypto asset scheme involving BitClout’s native token BTCLT. The SEC’s complaint alleges that Al-Naji raised
California’s Department of Motor Vehicles (DMV) has taken a significant step towards modernizing its operations by digitizing 42 million car titles through the Avalanche (AVAX) network. This collaboration with Oxhead Alpha aims to streamline the state’s title transfer process, making it more efficient and transparent for users. The initiative will soon allow residents to claim
Recently, on-chain investigator ZachXBT brought to light evidence linking convicted UK hacker Gurvinder Bhangu, also known as Gurv, to the compromising of American actress Sydney Sweeney’s and ‘Breaking Bad’ actor Bob Odenkirk’s X accounts. These hacks resulted in over $530,000 being stolen through Solana meme coin scams. On July 2nd, Sydney Sweeney fell victim to
Opeyemi is a dedicated and skilled writer who has found his calling in the dynamic world of cryptocurrency. While he did not initially plan to enter the digital asset industry, Opeyemi has wholeheartedly immersed himself in the realm for over two years now. His passion for unraveling the complexities of blockchain technology and staying abreast
Recent reports indicate that the Bitcoin network hashrate has significantly recovered following the cryptocurrency’s rally to the $69,000 range. This recovery has led to a decrease in selling pressure from miners, largely due to an increase in their profitability. According to CryptoQuant analysts, the drawdown from the all-time high of the hashrate now stands at
Semilore Faleti is a prominent figure in the field of cryptocurrency journalism, known for his expertise in covering various aspects of the digital asset space. Over the years, he has established himself as a trusted source of information for both newcomers and veterans in the crypto industry. Starting out with a diverse range of subjects,
Bitcoin’s price took a significant hit recently as it fell below the crucial $64K support level. This drop has put the cryptocurrency in a key area that could potentially determine the market’s mid-term fate. On the daily chart, it is clear to see that the price has been on a downward trend ever since forming
The recent economic uncertainty in the United States has taken a toll on the cryptocurrency market, with Bitcoin experiencing a sharp decline in price. In the past day, the asset plummeted to $60,500, marking its lowest point in nearly three weeks. This steep drop has also affected altcoins, such as SOL, TON, and UNI, which
