The cryptocurrency market is currently navigating turbulent waters, with a significant downturn observed in recent days. Total market capitalization has dropped approximately 3%, settling at around $3.24 trillion. This decline has predominantly impacted altcoins, which have been on a downward trend for much of the month. The prevailing sentiment appears bleak, with numerous analysts and
Samuel Edyme, affectionately dubbed ‘HIM-buktu’, represents a new breed of thinkers in the rapidly evolving world of Web3. As a versatile content creator and diligent journalist, he explores the uncharted waters of cryptocurrency and blockchain technology. His contributions have graced platforms like AMBCrypto, Blockchain.News, and Blockchain Reporter, solidifying his position as a prominent voice in
In the world of cryptocurrency, the patterns of market behavior are notoriously unpredictable, yet analysts strive to discern possible trends based on historical data. A recent insight from CryptoQuant’s analyst, Oinonen, suggests that Bitcoin (BTC) may undergo the so-called “sell in May” effect this summer. This term, which originates from traditional finance, highlights a seasonal
In an alarming development for the cryptocurrency community, Binance CEO Richard Teng has issued a chilling caution regarding a sophisticated new scam known as the “share-seed-phrase” scheme. This illicit operation preys on unsuspecting users under the pretense of offering security assistance, ultimately leading them to unwittingly hand over their assets to scammers. By manipulating victims
The cryptocurrency market, notorious for its volatility, finds itself at a crossroads, especially for Ethereum (ETH). As prices hover around pivotal levels, market participants are increasingly on edge. Currently trading close to the $2,680 mark, Ethereum grapples with the daunting task of reclaiming and stabilizing above the $2,800 threshold. Investors are watching keenly as the
The rise and fall of the LIBRA token has been nothing short of sensational in the world of cryptocurrency, specifically evoking a strong reaction from Alon Cohen, the co-founder of the meme coin creation platform Pump.fun. With the backing of Argentine President Javier Milei, the token initially surged to remarkable heights but soon plummeted, unveiling
In a startling move, the Department of Government Efficiency (DOGE), under the direction of Elon Musk, has turned its investigative lens toward the US Securities and Exchange Commission (SEC). Known for its recent call to the public for information regarding inefficiencies and unethical practices within the SEC, DOGE’s approach signals not just a critique of
The emergence of decentralized finance (DeFi) has redefined the way financial systems operate, with protocols like Hyperliquid paving the way for innovations in this space. Recently, Hyper Foundation announced the launch of HyperEVM, a pivotal step that integrates general-purpose programmability into its DeFi framework. This release signifies a commitment to enhancing user experience and broadening
The European Securities and Markets Authority (ESMA) has embarked on a significant initiative by initiating a public consultation focused on guidelines aimed at assessing the knowledge and qualifications of individuals providing services related to crypto-assets. This initiative, published on February 17, represents a pivotal effort in standardizing the competencies required for professionals within the emerging
The landscape of cryptocurrency continues to be a volatile and dynamic market, with Ethereum being one of the focal points for analysts and investors alike. Recently, Ethereum’s price has shown compelling indicators suggesting an impending breakout, with analysts predicting a leap to $3,300 in a remarkably short period. This forecast builds on critical technical analysis
