A journalism graduate who is passionate about writing loves to dance and travel currently starts exploring blockchain technology.
The Turkish authorities are considering imposing a 0.03% tax on cryptocurrency transactions. The plan is focusing on generating additional revenue as the country grapples with budget challenges following last year’s earthquakes. According to the Bloomberg report, Turkish retail investors favor this new tax on crypto trading as a hedge against
June 14, 2024 1 min read
Bitcoin (BTC), the premier cryptocurrency, has displayed significant volatility this week, falling over 3% in the past 24 hours to touch $66,304 after a brief recovery to $68,000 on Thursday. This drop comes in the wake of the Federal Reserve’s decision to maintain the interest rate at 5.25% to 5.50%,
June 14, 2024 2 mins read
US President Joe Biden is considering accepting cryptocurrency donations via Coinbase Commerce, which has created criticism within the crypto community. This decision follows former President Donald Trump’s recent adoption of crypto donations for his campaign, marking a significant shift in Biden’s stance, as he had previously criticized Trump for his
June 13, 2024 2 mins read
Today, the price of io.net (IO) piqued 70%, hitting a new all-time high of $6.45. The Solana based, Binance’s 55th project IO initially displayed a 20% drop post-launch on Binance. However, io.net has now shown a strong rally, climbing to a market cap of over $558 million. At the time
June 13, 2024 1 min read
Today, Bitcoin (BTC) surged by 4%, propelling its price from $67,700 to $69,506, following the release of the U.S. Consumer Price Index (CPI) data, which showed a lower-than-expected inflation rate of 3.3% for May. This comes amidst anticipation over the Federal Reserve’s decisions on interest rate cuts. The highly anticipated
June 12, 2024 1 min read
While the global cryptocurrency market remains sluggish and is awaiting the release of the US May 2024 Consumer Price Index (CPI) report, which is scheduled for June 12 at 12 p.m. UTC, Baby Doge Coin (BabyDoge) has seen a significant rally, jumping over 38% in the past day from $0.000000001621
June 12, 2024 1 min read
Despite a 4.23% drop in Shiba Inu’s price, the memecoin displayed a 2,800% rally in its burn rate over the past 24 hours, removing nearly 8 million tokens from circulation. More than half of this amount was burned in a single transaction about 21 hours ago. The burning mechanism will
June 11, 2024 2 mins read
As 2024 continues to see positive developments in the crypto space, zkSync, a prominent Ethereum Layer 2 scaler by Matter Labs, has made a significant announcement—plans to airdrop nearly 3.68 billion ZK tokens next week. According to the distribution plan, 89% of the airdrop will be allocated to zkSync users
June 11, 2024 1 min read
OKX, one of the leading cryptocurrency exchanges, is currently facing capital outflows amid recent rumors of security breaches. Data from Defillama reveals that OKX has seen outflows of over $204 million in the past 24 hours and $633 million over the past week, surpassing the outflows of other exchanges. In
June 11, 2024 2 mins read
Baby Doge Coin, the leading meme coin recently made waves in the crypto market with its price rally and new listing expectation. Additionally today it has announced a new partnership. According to a recent post by BabyDoge, the coin has teamed up with Tangem, a company renowned for its secure
June 10, 2024 1 min read
