The cryptocurrency market has witnessed a 10% decline in Shiba Inu’s value since its recent local peak just two days ago. However, despite this setback, several metrics suggest that the ongoing rally might still have the potential to continue its upward trajectory.
The cryptocurrency market experienced a notable decline as Bitcoin, the leading digital asset, faced selling pressure and dropped below the $28,000 mark on Thursday morning. This marked the first time in nearly two months that Bitcoin had fallen to such levels, continuing its downward trajectory for the week.
In the world of cryptocurrencies, security is paramount. A recent incident on Reddit serves as a stark reminder of why crypto users need to exercise extreme caution when dealing with wallet generators. On July 24, a Reddit user with the handle /jdmcnair posted a distressing story on the r/Bitcoin subreddit, recounting how they lost over …
A Cautionary Tale: Reddit User Loses Thousands in Bitcoin Due to “Secure” Paper Wallet Read More »
Ethena, a pioneering Ethereum stablecoin protocol, has successfully raised an impressive $6.5 million in its recent seed funding round. The round, led by Dragonfly Capital, garnered substantial support from prominent figures like former Bitmex CEO Arthur Hayes, as well as derivatives exchanges including Deribit, Bybit, Okx, Gemini, and Huobi. With this substantial funding, Ethena aims …
Ethena: Redefining Stability in the Crypto World with $6.5 Million Seed Funding Read More »
The U.S. Securities and Exchange Commission (SEC) has embarked on an extensive review process of the latest bitcoin exchange-traded fund (ETF) applications. This move follows the publication of documents seeking public consultations, with the official review set to commence upon the filings’ publication in the federal register. The SEC has solicited comments on multiple ETF …
ARK Invest, the renowned investment management firm led by Cathie Wood, has recently made some notable changes to its portfolio, including accumulating shares of Meta and Robinhood while reducing its holdings in Coinbase.
Binance’s Decision to Delist XRPUP and XRPDOWN Leveraged Tokens,In a recent announcement, Binance, a leading cryptocurrency exchange, revealed its plan to delist and cease redemption for XRPUP and XRPDOWN leveraged tokens on July 25, 2023, at 06:00 (UTC).
Bitcoin’s price (BTC) experienced a notable upswing in the past 24 hours, as it approached the $32,000 mark, fueled by the positive XRP ruling. The BTC/USD pair reached a peak of $31,814.51, representing the highest point since late-May last year when the price surpassed $32,000
In a major development for the cryptocurrency market, Bitcoin surged towards the $32,000 milestone late on Thursday, following news of a U.S. judge ruling that XRP was “not necessarily a security on its face.” The ruling was met with enthusiasm within the crypto community, as it raised hopes that other crypto companies currently embroiled in legal battles with the Securities and Exchange Commission (SEC) could also achieve favorable outcomes.
Breaking News: Former CEO of bankrupt crypto lender Celsius, Alex Mashinsky, has been arrested and is facing lawsuits from multiple U.S. financial regulators. The Securities and Exchange Commission (SEC), the Commodity Futures Trading Commission (CFTC), and the Federal Trade Commission (FTC) have filed complaints against Mashinsky and Celsius regarding allegedly misleading statements about the state …