Arthur Hayes, the co-founder of BitMEX, has recently made a bold prediction regarding the future of Bitcoin’s price. Hayes, known for his market insights, expressed a pessimistic outlook by stating that he is “gunning for sub $50k this weekend”. This statement has raised concerns among cryptocurrency enthusiasts and investors alike. Hayes’ prediction comes at a
The ApeCoin ecosystem is embarking on a new journey with the release of its Blueprint, setting the stage for future development. ApeChain, the blockchain layer supporting the ecosystem, has a keen focus on enhancing the experience for both developers and users within the ecosystem. By improving the discovery and exposure of decentralized applications (dApps) and
The influence of social narratives on the cryptocurrency market cannot be underestimated. Investors who are well-versed in these narratives have a significant advantage in making informed decisions that can safeguard their investments. The research conducted by Santiment sheds light on some of the key narratives that have shaped the market dynamics this year. Understanding these
In a groundbreaking move, the Future Forward USA PAC has opened its doors to accept cryptocurrency donations through Coinbase Commerce. This decision marks a significant shift in the traditional ways political campaigns raise funds and showcases a growing acceptance of digital currencies in the political arena. Initially causing confusion with comments made by Coinbase Chief
Robinhood’s crypto division has agreed to pay a $3.9 million fine to settle a California investigation into its past practices. California Attorney General Rob Bonta stated that the settlement was reached because Robinhood Crypto prevented users from withdrawing their digital assets between 2018 and 2022. The investigation found that Robinhood misled customers by claiming it
A recent hacking incident involving the Indian crypto exchange WazirX has raised concerns in the cryptocurrency community. The hacker managed to steal over $235 million worth of assets from the exchange, prompting a swift response from blockchain security firm Cyvers. In the past 24 hours, the hacker has already transferred around $10 million through sanctioned
Summers have historically been bearish for the Bitcoin price, and the year 2024 has proven to be no different. Since the beginning of summer in June, the price of Bitcoin has experienced significant weakness, with multiple flash crashes causing fluctuations in the value of the pioneer cryptocurrency. The price of Bitcoin has dropped from over
Samuel Edyme, known by his nickname HIM-buktu, is a multifaceted individual in the web3 space. His background as a content writer, journalist, and aspiring trader showcases his diverse skill set and insatiable curiosity for the industry. Edyme has contributed to various renowned platforms such as AMBCrypto, Blockchain.News, and Blockchain Reporter, establishing himself as a prominent
X Empire, previously known as Musk Empire Game, is a tap-to-earn crypto game available on Telegram that allows players to engage in virtual mining to earn rewards. This unique gaming experience combines the excitement of tap-to-earn mechanics with the growing popularity of cryptocurrency, making it a game worth exploring for enthusiasts of blockchain-based games. With
Recently, WazirX embarked on the second phase of its fiat currency withdrawal process ahead of schedule, catching many users by surprise. The initial date for the process to commence was set for September 9th, but it began on September 3rd. This unexpected move comes in the aftermath of a significant security breach that resulted in
