A creative writer with a flair for storytelling and a deep interest in cryptocurrencies and blockchain technology.
Ethereum is slowly recovering from the extreme bearish sentiment experienced last week, where it fell 5% over seven days, hitting a five-month low of $2,810. Currently, Ethereum is trading at $3,091, with a modest 0.88% gain in the past 24 hours, although its trading volume is down 9% in the
July 11, 2024 2 mins read
The German government’s recent move to sell off substantial Bitcoin holdings has made big waves in the cryptocurrency market. According to Arkham Intelligence data, approximately 8,853 Bitcoins were transferred out of government wallets today, reducing their total holdings to 15,110 Bitcoins valued at $887 million. This follows a series of
July 10, 2024 1 min read
Blockchain analytics firm Elliptic has released a report accusing the Cambodia-based marketplace Huione Guarantee of enabling money laundering and other illicit activities. Since its inception in 2021, crypto wallets associated with Huione Guarantee and its independent merchants have reportedly received over $11 billion, which is suspected of involving fraudulent transactions.
July 10, 2024 2 mins read
Coinbase, the largest cryptocurrency exchange in the USA, has added the altcoin Stader (SD) to its listing roadmap. According to Coinbase’s official statement, SD will be supported on the Ethereum network, generating excitement within the community. While being added to the roadmap does not guarantee a listing, historically, these tokens
July 10, 2024 1 min read
The US House of Representatives is poised for a critical vote this week with substantial implications for the crypto industry. Lawmakers will decide whether to overturn President Joe Biden’s veto of a bill aimed at eliminating the SEC’s Staff Accounting Bulletin (SAB) 121. This bulletin mandates that companies offering crypto
July 9, 2024 1 min read
The cryptocurrency market has been grappling with bearish sentiment since late June, pushing Bitcoin to a five-month low below $54,000 and Ethereum to a two-month low under $2,820 last week. The global market cap dipped below $2 trillion, and many altcoins hit yearly lows with significant double-digit declines. In the
July 9, 2024 2 mins read
In a recent wave of high-profile hacks, American rapper and singer Doja Cat’s Twitter account was hacked to promote a Solana-based meme coin. The hack began at 7:15 PM ET on Monday, with the account’s profile picture and description removed. And over two dozen tweets posted, urging followers to “buy
July 9, 2024 2 mins read
BabyDoge recently hit a nine-month low of $0.0000000010131, marking a 13% decline over the past seven days. Despite this setback, its team has been stirring anticipation within the community with a series of countdown posts on their social media accounts. These posts, featuring the BabyDoge logo surrounded by coins, have
July 8, 2024 1 min read
Amid a challenging bearish market, Ethereum has recently approached a four-month low, dropping from $3,043.58 to $2,826.48 over the past 24 hours. However, there is a tentative recovery with a modest 2% increase noted at the time of writing. One of the most notable developments amid this volatility has been
July 8, 2024 1 min read
The market has been very bearish in recent days, and today marks another decline as it enters the fear zone, with the global market down 3%. Bitcoin, the largest cryptocurrency, has fallen below the $56K range, now trading at $55,580, while altcoins face double-digit declines. Among them, the Pendle coin
July 8, 2024 1 min read