Over the years, Bitcoin has been a significant driver of market trends within the cryptocurrency space. Long-term holders of Bitcoin have traditionally played a crucial role in indicating market cycles. However, a recent divergence in behavior has been observed between Bitcoin and Ethereum holders. While Bitcoin holders have been liquidating their positions since January, Ethereum
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Bitcoin’s price volatility has been on full display recently, with the asset experiencing sharp declines from $66,400 to $64,000 multiple times in the past week. The failure to break above $70,000 has resulted in painful rejections, pushing the price down to under $65,000 by the end of the week. Over the weekend, Bitcoin managed to
In the past 24 hours, the cryptocurrency market has shown signs of recovery, with major digital assets like Bitcoin, Ethereum, and Ripple seeing modest gains. This positive movement comes after a period of losses that had been registered in the market recently. AI-related Coins Thrive While leading cryptocurrencies experienced minor gains, AI-related coins such as
NVIDIA, once considered a tech giant on Wall Street, has now claimed the title of the largest market capitalization in the world, surpassing Microsoft. The company has experienced a significant increase of around 3.5% in its stock price in the last 24 hours alone. Throughout 2024, NVIDIA has seen an impressive surge in its stock
Kraken, a prominent cryptocurrency exchange, recently faced a major security breach when an undisclosed white-hat hacker group exploited a critical bug in its system. The security researchers, who first identified the bug, demanded compensation from Kraken for their discovery. This raised ethical concerns in the crypto community about the boundaries of bug bounty programs. The
Recent reports have revealed that Montenegrin Prime Minister Milojko Spajić was among the early investors in Terraform Labs. In April 2018, Spajić invested $75,000 in the project, acquiring 750,000 Luna tokens at a price of $0.10 each. This made him the 16th investor during Terraform Labs’ initial fundraising phase. Unfortunately, Terraform Labs’ cryptocurrency project ultimately
Following a surge above $0.50, XRP experienced a slight decline over the past 12 hours. Despite this, the cryptocurrency managed to erase its weekly losses, standing as the only top digital asset in the green for the week. The uptrend coincided with a notable rise in open interest (OI) as traders closely monitored the ongoing
The recent revelation by ex-convict Martin Shkreli about his involvement in creating the Donald Trump-themed token DJT has caused a stir in the cryptocurrency world. Despite spending time in prison for financial-related frauds, Shkreli publicly announced his role in the creation of DJT on an X space platform. This confession came after questions surrounding the
David Hirsh, the Chief of the Crypto Asset and Cyber Unit at the Securities and Exchange Commission (SEC), recently announced his resignation from the agency. After spending nine years with the regulator, Hirsh took to LinkedIn to express his gratitude towards his colleagues, mentors, and friends for their support. He mentioned that his career would
Ripple’s XRP has shown resilience in the face of negative market conditions, with a 1% increase in the past 24 hours and a 3% rise over the week. This performance has outpaced major cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB), which saw a decline of approximately 3% during the same time
