Tron moved closer to being in the cryptocurrency top 10 on Wednesday, as the token rose for a second straight day. Prices climbed by nearly 2% in today’s session, despite the global market cap moving marginally lower. Polygon, which currently occupies the tenth position, fell to a five-month low. TRON […]
In recent times, meme tokens like Dogecoin, Shiba Inu, and SafeMoon have piqued the interest of investors and cryptocurrency enthusiasts. Nikita Goncharov, the CEO of Crypto Story Bank, shared his perspective on the burgeoning popularity of meme tokens and provided an outlook on their future. Goncharov highlighted that meme tokens’ […]
Amid the ongoing spike in Bitcoin (BTC) transaction fees, some cryptocurrency exchanges have moved to adjust the cost of withdrawing BTC from their platforms. The United States-based exchange Kraken has increased Bitcoin withdrawal fees to match the current fees on-chain, the company’s customer support manager wrote on Reddit on May […]
Cryptocurrency markets faced a substantial decline on May 10 and even today as the Total Crypto Market Cap (TOTALCAP) and Bitcoin and Ether are both failing to bounce back. Evaluating TOTALCAP and Bitcoin’s Struggles The overall cryptocurrency market cap, represented by TOTALCAP, has been on a downward path since April […]
Bitcoin (BTC) price has fallen above the $27,309 support level since May 8. The bears have been working hard to maintain the downtrend over the past 48 hours. Bitcoin price long-term forecast: bearish Buyers trying to push the bitcoin price above the $28,000 support level were rebuffed by the $28,400 […]
A crypto user who purchased a luxury car with Bitcoin (BTC) faces 18 months in prison and a $3.7 million fine in Morocco, which still considers the use of crypto as an illegal act. A recent report by Euronews stated the Casablanca Court of Appeal had upheld the conviction of […]
According to Bloomberg’s macro strategist, Mike McGlone, cryptocurrency traders may begin investing in non-digital assets as a result of an impending recession. McGlone believes that the bear markets are not yet over, and as a result, traders will likely shift their focus to gold, a traditional safe-haven asset that tends […]
It appears things are only getting worse for disgraced Terra founder Do Kwon. A Wednesday report revealed that South Korean prosecutors had managed to freeze around 233.3 billion Korean won, valued at about $176 million, in Kwon’s personal assets as criminal proceedings against the former Terraform Labs CEO continue. Kwon’s […]
According to CryptoQuant’s data on May 10, Bitcoin reserves in centralized exchanges such as Binance and Coinbase experienced a significant decline in Q4 2022. The reserves remained stable in April despite the prices soaring from $20,000 to $31,000 during that period. Exchange Bitcoin Reserves Rapidly Shrinking Bitcoin exchange “reserves” is […]
The Kenyan government has inked a deal with Abu Dhabi-based blockchain platform Venom Foundation to launch a blockchain and Web3 hub in Africa. The partnership will attempt to contribute to driving blockchain innovation in the continent’s key sectors, including finance, supply chain, agriculture, business and cross-border trade, the May 10 […]
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