The cryptocurrency landscape has often been riddled with exciting innovations, but the recent Bybit hack, resulting in a staggering loss of $1.5 billion in Ethereum, serves as an alarming reminder of the vulnerabilities intertwined with technological progress. Safe, the custodial firm responsible for the wallet in question, released a preliminary report that traced the breach
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In a remarkable pivot, Japan’s ruling Liberal Democratic Party (LDP) is set to transform its unpopular stance on cryptocurrencies, advocating for a drastic reduction in crypto tax rates. This initiative, announced by Akihisa Shiozaki, a notable member of Japan’s House of Representatives, signifies more than just a fiscal change; it represents a broader shift in
Market sentiment is a fickle beast, particularly in the volatile world of cryptocurrency. Remember the collective gasp when Bitcoin’s price plummeted below $80,000? It evoked memories of previous downturns, yet a deeper analysis suggests that this might have been the precise moment many were waiting for—a bottom, or at least a springboard to recovery. Bitcoin,
When Donald Trump unexpectedly named Cardano (ADA) among the assets proposed for the U.S. crypto strategic reserve, it shook the cryptocurrency landscape. The announcement was immediately celebrated by supporters, sending the value of ADA soaring nearly 75%. However, such a rapid spike raises questions about the sustainability of its future price trajectory. Was this a
At a time when the cryptocurrency landscape is shrouded in both awe and skepticism, one figure stands out amid the chaos and confusion—Samuel Edyme, or as he prefers to be known, HIM-buktu. This self-titled web3 content writer and aspiring trader isn’t just another voice in the increasingly noisy arena of crypto journalism. Rather, he represents
Bitcoin, the flagship of cryptocurrencies, is currently undergoing tumultuous shifts, reflecting the broader uncertainties that plague financial markets today. With its price languishing significantly below the celebrated $100,000 threshold, speculators and long-term investors alike are gripped by a profound sense of unease. Bitcoin has recently grappled with a bearish deviation, influenced by a fresh Chicago
In a decisive play to reshape the institutional investment landscape, Blockstream has announced that its new Bitcoin investment funds will launch on April 1st. At a time when the cryptocurrency market is staggering from the debris left by events such as the FTX collapse, Blockstream’s initiatives stand out as a beacon of hope — not
In a refreshing development, Caroline Pham, the acting chair of the Commodity Futures Trading Commission (CFTC), announced that her agency is collaborating with the Securities and Exchange Commission (SEC) on matters concerning cryptocurrency. This partnership was revealed during an event hosted by the Milken Institute, highlighting a significant shift in the regulatory narrative surrounding crypto
Ethereum has often been dubbed the backbone of decentralized finance (DeFi) and smart contracts, yet the mighty cryptocurrency is now teetering on the brink of a potential downturn. As the curtain rises on 2024, cryptocurrency analyst Tony Severino’s observations present a sobering picture of Ethereum’s future. Unlike the prevailing optimism surrounding cryptocurrencies, Severino’s analysis—including his
In the tumultuous world of cryptocurrency, few assets experience as much volatility as Cardano (ADA). Recently, an astonishing 80% surge in Cardano’s price brought enthusiastic cheers from investors, triggered by President Trump’s unexpected announcement naming ADA as a part of the U.S. Strategic Crypto Reserve. This news sent shockwaves through the market, igniting a flurry
