A creative writer with a flair for storytelling and a deep interest in cryptocurrencies and blockchain technology.
The cryptocurrency market has experienced significant volatility since the beginning of July, with a recent downturn following a short-lived recovery. In the past week, several altcoins that had previously hit yearly lows managed to reach monthly highs, breaking through long-awaited resistance levels. Notably, Bitcoin (BTC) surged to a 27-day high
July 19, 2024 2 mins read
The crypto world has seen an increase in hacks recently, with one notable incident involving the Indian exchange WazirX, which lost nearly $230 million. Each transaction’s caller in this hack was funded by Tornado Cash, a decentralized protocol for private transactions. Tornado Cash has been highly involved in recent hacks
July 19, 2024 2 mins read
The crypto market made a stunning turnaround this week, filling investors with enchanted anticipation for the commencement of the long-awaited bull run. With its surge to $65,000, Bitcoin set off a larger wave of optimistic sentiment. The dogwifhat price analysis, meantime, shows that WIF is about to go on a
July 18, 2024 1 min read
Web3 security firm Cyvers has detected multiple suspicious transactions involving prominent Indian exchange WazirX’s Safe Multisig wallet on Ethereum. According to an X post, it is believed that $234.9 million of funds in the Multisig have been moved to a new address. Each transaction’s caller was funded by Tornado Cash,
July 18, 2024 2 mins read
As the US election heats up, cryptocurrency has become a significant talking point. Politicians like Trump, who recently announced plans for his fourth NFT drop, and Biden, who Veto-ed SAB 121, made headlines. Trump’s campaign gained further attention by announcing pro-bitcoin JD Vance as his running mate. Amidst this politi-crypto
July 18, 2024 2 mins read
The upcoming launch of spot Ether (ETH) exchange-traded funds (ETFs) in the U.S., expected next week, is projected to push ETH prices to new highs. Ethereum whales have been accumulating ETH in anticipation of the ETF launch. Wallets holding at least 0.1% of the total supply have shown a consistently
July 17, 2024 2 mins read
Cardano’s price hit a nearly two-month high of $0.4299 in the past 24 hours, surging by 4%. This rise occurs despite trader sentiment largely writing off the altcoin, with its price remaining down by 43% over the past four months. Notably, Cardano had hit an eight-month low of $0.3165 during
July 17, 2024 2 mins read
Former President Donald Trump has announced plans to release a fourth NFT collection, as per an interview published Tuesday in Bloomberg Businessweek. Trump highlighted the success of his previous NFT ventures, noting that all 45,000 cards sold out in a day across three separate collections. “The whole thing sold out…
July 17, 2024 2 mins read
Bitcoin has shown robust performance following a prolonged bearish phase, reaching a 25-day high of $64,994 recently, surpassing the $64,000 resistance level. Notably, earlier this month, it hit a five-month low of $53,485. Currently, Bitcoin is trading at $63,746.55, marking a 1.8% increase over the past 24 hours, accompanied by
July 16, 2024 1 min read
In a notable development, Justin Sun, founder of TRON, announced a significant milestone as TRON’s issuance of USDT surpassed $60 billion, marking a milestone in the blockchain’s history. Sun highlighted TRON as the first blockchain to host a single stablecoin exceeding this threshold, underscoring its growing influence. The issuance of
July 16, 2024 1 min read