The recent choppy consolidation in bitcoin’s price action may have caused concern among many market players, but there is a group of holders who are seizing the opportunity to increase their holdings. Bitcoin whales, specifically those holding between 100 and 1,000 BTC, have been significantly adding to their positions. According to Santiment, these whales have
The United States spot Bitcoin exchange-traded fund (ETF) market experienced a decrease in daily trading volume to $779.87 million on Monday. This decline marks the third lowest trading volume after the records set on February 5th and 6th, which were $649.17 million and $692.11 million, respectively. Despite an inflow of $61.98 million into the spot
In a surprising turn of events, Cardano (ADA) has recently been ousted from the top 10 cryptocurrencies by market capitalization. This popular altcoin has been overshadowed by Tron (TRX), a shift that has caught many in the crypto market off guard. According to data from CoinMarketCap, Cardano has slipped out of the top 10 largest
German authorities recently seized $28 million in cash and shut down 13 crypto ATMs in a nationwide operation aimed at combating unlicensed financial activities within the country. Spearheaded by the Federal Financial Supervisory Authority (BaFin), this coordinated effort signifies Germany’s commitment to regulating the rapidly expanding crypto market. The operation, carried out in conjunction with
Binance, the leading cryptocurrency exchange, recently announced that it successfully prevented over $2.4 billion in potential user losses from scams and fraud in the first seven months of 2024. This impressive figure demonstrates the effectiveness of Binance’s internal risk engine, which operates around the clock using a combination of AI-based algorithms and manual reviews for
The world of cryptocurrency has once again been shaken up by the surge of meme coins, particularly those with cat and dog themes. These meme coins have collectively pushed the sector’s market cap above $40 billion, showcasing the significant influence of these digital assets in the market. Popular cat-themed meme coins like Popcat (POPCAT), Mog
The iconic basketball star, Shaquille O’Neal, finds himself entangled in a class-action lawsuit concerning his involvement with the Astrals NFT project. The lawsuit alleges that Astrals promoted unregistered securities, leading to financial losses for investors who were misled by O’Neal’s endorsement of the project. While the court ruled that O’Neal could be considered a “seller”
Samuel Edyme, also known as HIM-buktu, is a multifaceted individual with a background in web3 content writing, journalism, and trading. His path into the world of cryptocurrencies was not paved with success from the start. In fact, it began with a Ponzi scheme that lured him in with crypto payments. Instead of being deterred by
The cryptocurrency market has been a rollercoaster ride, with ADA, the native token of Cardano, experiencing significant highs and lows. From reaching $3 during the 2020 to 2021 bull run to plummeting to $0.32 at the time of writing, ADA holders have been on a wild journey. The activation of smart contracts via the Alonzo
The recently published 2024 Party Platform by the Democratic National Committee has brought some eyebrows and raised concerns within the crypto community. This ninety-two-page document, which outlines the party’s future political priorities leading up to the next election, has completely left out any mention of Bitcoin, crypto, or blockchain technologies. This omission has not gone
