A creative writer with a flair for storytelling and a deep interest in cryptocurrencies and blockchain technology.
Dogecoin (DOGE) is witnessing turbulent market conditions, despite a 5.48% price surge to $0.1086 today. This comes after the coin hit a 14-day low of $0.10108 yesterday. Over the past week, DOGE has declined by 12%, with market bears exerting pressure. Notably, trading volume fell by 9%, signaling a potential
October 4, 2024 2 mins read
Bitcoin has struggled to maintain momentum in the first few days of “Uptober,” a month typically marked by bullish sentiment. Despite high community expectations for Bitcoin to surpass $70K, the flagship cryptocurrency recently hit a 16-day low. Over the past week, Bitcoin has dropped 6%, primarily due to macroeconomic factors.
October 4, 2024 2 mins read
In a remarkable show of confidence amid market volatility, the enigmatic group known as the “7 Siblings” has re-entered the spotlight, amassing significant Ethereum (ETH) holdings worth over $66 million. This latest acquisition of 28,120 ETH comes as part of a strategic buying spree during a recent dip in the
October 3, 2024 2 mins read
Ethereum co-founder Vitalik Buterin has recently engaged with the community on social media, addressing concerns surrounding Ethereum’s staking requirements. In response to a community member’s reflection on their solo validator experience since the Beacon Chain’s launch in December 2020, Buterin emphasized the importance of solo staking for maintaining true decentralization
October 3, 2024 2 mins read
Despite an anticipated bullish “Uptober,” the cryptocurrency market has taken a bearish turn, with the global market cap down 2% and trading volume plunging 21%. Top cryptocurrencies are feeling the pressure, with Bitcoin down 3% and Ethereum facing a 6% dip. However, Flare (FLR) has defied the trend, experiencing a
October 3, 2024 2 mins read
Aptos Labs, the developer behind the Layer-1 blockchain Aptos, announced on October 3 its acquisition of HashPalette, a subsidiary of HashPort and the developer of Palette Chain. The acquisition signifies a strategic partnership between Aptos Labs and HashPort, integrating Palette Chain’s NFT distribution platform into Aptos’ ecosystem. Palette Chain, known
October 3, 2024 2 mins read
Solana (SOL) has not escaped the broader crypto market’s bearish start to the highly anticipated “Uptober,” hitting a 12-day low of $142 with a 7% decline over the past 24 hours. This sharp drop in price aligns with the wider cryptocurrency market, which saw Bitcoin plunge to a two-week low
October 2, 2024 2 mins read
Bitcoin’s highly anticipated ‘Uptober’ began on a bearish note, as the cryptocurrency dropped to a two-week low of $60,164. The global crypto market cap also saw a significant dip, standing at $2.15 trillion—a 4.66% decrease in just 24 hours. This came alongside a surge in trading volume, up by 52.59%
October 2, 2024 2 mins read
Cryptocurrency exchange Coinbase has filed a motion to compel the U.S. Commodity Futures Trading Commission (CFTC) to produce communications with issuers of 12 tokens that are central to a lawsuit brought by the U.S. Securities and Exchange Commission (SEC). The motion, filed in the Southern District of New York (SDNY),
October 2, 2024 2 mins read
Ethereum co-founder Vitalik Buterin has stepped in to defend Polymarket, a decentralized prediction market, following criticism over its betting options related to the ongoing conflict in the Middle East, particularly concerning Hezbollah. The platform features bets on significant events, such as potential Israeli military actions and ceasefires, which some critics
October 1, 2024 2 mins read