The meme coin sector has been facing a challenging period recently, with a significant drop in market capitalization below the $50 billion mark. Among the meme coins, Dogecoin (DOGE), Shiba Inu (SHIB), and Bonk Inu (BONK) have shown signs of potential recovery, despite facing price declines in the past week. Dogecoin (DOGE) has experienced a
Crypto
In recent weeks, the cryptocurrency market has experienced a significant downturn, with the global market capitalization dropping to around $2.2 billion and bitcoin’s price falling below $57,000. Altcoins like Solana, Dogecoin, and Shiba Inu have also seen double-digit declines. Despite this, some investors are viewing this as a potential buying opportunity, as evidenced by the
The cryptocurrency market has been experiencing dire conditions, with bitcoin plummeting to a multi-month low of around $57,000. The past few hours have been particularly brutal, with altcoins also facing massive losses. The total market cap has dipped by over $200 billion in just 36 hours, indicating a significant downturn in the market’s stability. Bitcoin’s
Recently, a griefing attack on the Bitcoin testnet caused chaos within the network, resulting in the creation of an unprecedented 165,000 blocks in just one week. The mastermind behind this attack was none other than Jameson Lopp, the co-founder and Chief Security Officer of Casa. Lopp openly took credit for his actions, causing outrage among
Ripple recently announced a collaboration with HashKey Group, a financial services giant, to introduce XRP Ledger (XRPL) enterprise solutions to the Japanese market. This joint venture with HashKey DX, a Tokyo-based specialized consulting company under the HashKey Group, aims to deploy supply chain finance solutions in Japan. This partnership marks a significant step towards advancing
The price of Bitcoin has recently experienced a significant drop of more than 15% from its mid-March peak, falling to a ten-day low of under $62,000 on Monday morning. Analysts are pointing to various factors contributing to this decline, including geopolitical uncertainties and macroeconomic conditions. There is a sense of insecurity among investors as they
After the recent halving event, Bitcoin experienced a dip to $62,500, causing concern among investors. However, analysts are optimistic about a potential rally in the near future. Financial institutions are showing increased interest in Bitcoin, which could drive up the price. Historical trends also suggest that the crypto market tends to experience a surge after
The aftermath of the fourth Bitcoin halving event has brought significant changes to the landscape of miner revenue, particularly in terms of transaction fees. A recent report by CryptoQuant revealed a substantial decrease in the portion of miner revenue coming from transaction fees, contrasting sharply with the spike observed on the halving day. Initially, transaction
Upbit, a prominent cryptocurrency platform in South Korea, has established itself as a key player in the country’s trading landscape. Responsible for over 80% of the nation’s trading activity, Upbit has emerged as one of the top five exchanges worldwide in terms of trading volume. However, its dominant position has sparked criticism and concerns, particularly
Institutional investors in Canada have significantly increased their exposure to cryptocurrency assets over the past year, as revealed by a recent survey conducted by KPMG. The survey, titled “Institutional Adoption of Cryptoassets,” received responses from 65 participants, including institutional investors managing assets exceeding $500 million and financial services organizations. The data showed a notable rise
