The much-anticipated 2024 bitcoin bull run has hit a snag despite an early surge that broke the previous all-time high from 2021. The journey towards the $100,000 mark has been tumultuous, with Bitcoin struggling to maintain its momentum. The recent fourth halving event in April did not yield the expected results, and the cryptocurrency market
Crypto
The recent charges brought by the U.S. Securities and Exchange Commission (SEC) against the Adams brothers shed light on the deceptive practices that are prevalent in the crypto space. The brothers, Jonathan and Tanner Adam, duped investors by falsely claiming to operate a crypto bot that would yield high monthly returns. Their promises of identifying
Centralization remains a significant issue within the crypto space, with high levels of concentration of holdings among the top wallets of popular project tokens. This poses a threat to the decentralized nature that many cryptocurrencies aim to embody. Tokens such as Polygon (MATIC) and Shiba Inu (SHIB) exemplify extreme levels of centralization, with the top
Vitalik Buterin, the co-founder of Ethereum, has once again stirred up controversy within the crypto community by making significant transfers of ETH. Recent reports indicate that Buterin moved a total of 800 ETH, valued at approximately $2.01 million, to a multisig wallet. Following this transfer, 190 ETH from the same wallet were exchanged for 477,000
The past week in the cryptocurrency markets has been a rollercoaster of emotions for investors, with Bitcoin leading the charge. At the beginning of the week, BTC surged past $65,000, only to face a steep decline by Wednesday afternoon, dropping below $58,000. Despite a slight recovery attempt on Thursday, Bitcoin continues to struggle below the
Floki Inu (FLOKI) recently experienced a significant decline of nearly 20%, causing it to lose its position among the top 5 meme coins. The current price of FLOKI is approximately $0.0001272, with a market capitalization of $1.23 billion, making it the sixth-largest meme coin. Bonk Inu (BONK) has overtaken Floki Inu to claim the fifth
Elon Musk, the CEO of Tesla Inc., recently emerged victorious in a high-profile lawsuit that accused him and his company of manipulating the price of Dogecoin (DOGE), a popular meme-based cryptocurrency. The lawsuit, filed by a group of disgruntled Dogecoin holders in June 2022, alleged that Musk and Tesla used social media and public statements
In a market where most major cryptocurrencies experienced a slight downturn, Popcat stood out with a remarkable 52% increase in its price within a week. While other meme coins like Dogecoin, Pepe, and Bonk saw declines ranging from 2% to 6%, Popcat managed to break through and make significant gains. Several factors played a role
The recent actions taken by the US Securities and Exchange Commission have sent shockwaves through the cryptocurrency world, with NFT platform OpenSea becoming the latest target. CEO Devin Finzer took to social media to express his dismay at receiving a Wells Notice from the SEC, signaling that the non-fungible tokens traded on the platform could
In the world of blockchain technology, upgrades and transitions are crucial to staying relevant and competitive. The Cardano network is no exception, with a significant upgrade known as the Chang hard fork set to be deployed in the next three days, bringing new features and finalizing the blockchain’s transition into a community-run network. The Chang
