The recent drop in Bitcoin’s price below the $59,000 support level has caused a ripple effect in the cryptocurrency market. This sudden decrease has led to liquidations in the futures market, sparking concerns among analysts about the possibility of a more significant decline in the absence of a full-scale market capitulation. According to CryptoQuant, approximately
Eigenlayer, the standout project in Ethereum Restaking, is gearing up to launch its highly anticipated airdrop on May 10th. BingX Exchange has already announced that it will promptly list Eigenlayer’s token $EIGEN, allowing users to start trading it immediately. This move comes at a time when Bitcoin prices are experiencing a dip, but the listing
Rep. Maxine Waters, a prominent member of the US House Committee on Financial Services, recently proposed the nomination of Ms. Kristin Johnson for the position of Assistant Secretary for Financial Institutions at the US Department of Treasury. Waters highlighted Johnson’s extensive experience in financial regulation and her dedication to maintaining the integrity of financial markets
Recently, during a Town Hall meeting at Otherside, an exciting announcement was made regarding a new partnership between Yuga Labs and Improbable. This collaboration involves migrating Otherside onto Improbable’s MSquared network, sparking a wave of enthusiasm within the community. Otherside is a metaverse created by Yuga Labs, offering players a shared virtual space where they
MicroStrategy recently introduced a new Bitcoin-based strategy aimed at combating online spam, much to the skepticism of the Bitcoin community. The unveiling of “MicroStrategy Orange” during the annual MicroStrategy World conference raised concerns among Bitcoiners regarding the effectiveness and practicality of the proposed solution. MicroStrategy Orange: Decentralized Identity Solution The executive chairman of MicroStrategy, Michael
Cardano (ADA) has been the subject of much speculation lately, with predictions ranging from conservative to incredibly bullish. One such prediction comes from the crypto prediction website Telegaon, which has provided insights into when Cardano will hit the astronomical price of $45. This price level represents an 8.900% price gain from its current price, making
Coinbase has reported an impressive revenue of $1.64 billion in the first quarter, surpassing the expected amount of $1.34 billion. This surge in revenue comes at a time when the crypto market is being greatly influenced by a strong Bitcoin rally. The company’s earnings per share stood at $4.40, showing a significant improvement from the
The recent Bitcoin price crash that brought the value below $60,000 has raised concerns about critical support levels for the cryptocurrency. One crypto analyst, Norok, highlighted the significance of the $51,800 support level for maintaining a bullish trend in Bitcoin. This level has been identified as a crucial point for the cryptocurrency, as it represents
The cryptocurrency market is known for its volatility, with prices fluctuating drastically within short periods. One of the most popular meme coins, Dogecoin ($DOGE), recently experienced a 7% rise in the last 24 hours, making it one of the fastest recovering cryptocurrencies after a market crash. However, despite this recovery, DOGE is still down by
Web3 technology has paved the way for innovative platforms like Imaginary Ones to merge art, storytelling, and community engagement. With a focus on mobile gaming, Imaginary Ones has made significant strides in the entertainment industry, particularly with their recent achievement of 2 million downloads for their mobile game Bubble Rangers. The platform’s collection of 8,888
