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The global cryptocurrency markets saw a slight recovery today as Ethereum (ETH) spiked over 6% to above $3,500 following news of the U.S. Securities and Exchange Commission (SEC) closing its investigation into ETH sales. This bullish trend extended across Ethereum and other altcoins. Consensys Software, an Ethereum developer, confirmed in
June 19, 2024 2 mins read
In the ongoing bearish phase for the cryptocurrency market, Bitcoin (BTC) has plummeted to a monthly low of $64,000, triggering a ripple effect among major altcoins. However, the crypto market displayed a glimmer of positivity today, particularly within the memecoin sector, where certain tokens are showing significant recovery. A standout
June 19, 2024 2 mins read
In the vast and ever-evolving crypto galaxy, few tokens have captured investor attention like Alex The Doge (ALEX). Forecasted to deliver astounding 5000x gains, Alex The Doge (ALEX) is emerging as a dominant force. As it ascends, Shiba Inu (SHIB) investors find themselves reconsidering their positions and spreading their investments
June 18, 2024 5 mins read
Amidst the recent downturn in the crypto market, Shiba Inu (SHIB) has displayed significant price swings, sinking approximately 14.48% over the last 24 hours to hit a three-month low of $0.0000173, a level not seen since March. This decline reflects broader market movements worsening SHIB’s downtrend. Instead of efforts to
June 18, 2024 2 mins read
Tether, the company behind the popular USDT stablecoin, has unveiled Alloy, a pioneering platform on Ethereum designed to mint a gold-backed stablecoin pegged to the U.S. dollar. aUSDT, the first Tethered asset, just launched!aUSDT is a synthetic dollar over-collateralised by XAUt (Tether Gold). Alloy by Tether is an open platform
June 18, 2024 2 mins read
The well-known cryptocurrency Notcoin (NOT) has seen a significant 18.3% decline, dropping from $0.02071 to $0.0175, since the end of its recent airdrop claim period on Sunday. At the time of writing, Notcoin is trading at $0.01804 with a market cap of $1.85 billion. In the last 24 hours, Notcoin’s
June 17, 2024 1 min read
In response to community concerns and following in the footsteps of several other leading exchanges, Binance, the world’s largest crypto exchange, has officially announced the listing of ZKsync (ZK) trading pairs. This move comes amidst ongoing scrutiny over the airdrop of ZK tokens and marks a pivotal moment for ZKsync,
June 17, 2024 2 mins read
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