Despite a slight recovery in Bitcoin’s market price, it struggles to surpass the $62,000 mark, hovering at $61,510 after a 1.02% increase in the past 24 hours. This recovery may be short-lived amidst the 90-minute US presidential debate. Current President Joe Biden and Donald Trump clashed on economic, taxation, and
June 28, 2024 2 mins read
Base, the Ethereum layer-2 blockchain developed by a U.S. crypto exchange Coinbase, has marked a remarkable surge in its total value locked (TVL), surpassing Blast. According to DefiLlama, Base’s TVL stands at $1.549 billion and Blast’s TVL at $1.525 billion, a one-day change of 1.56% and 5.75% respectively. Total value
June 27, 2024 1 min read
Marathon Digital Holdings, a leading digital asset technology firm and one of North America’s largest Bitcoin miners, has announced the commencement of Kaspa mining operations. According to Adam Swick, Marathon’s Chief Growth Officer, the move into Kaspa mining aims to diversify revenue streams away from Bitcoin while leveraging their expertise
June 27, 2024 1 min read
In the past month, Bitcoin’s price momentum has been fluctuating between $71K and $59K. It is not potentially on the uptrend but has experienced a slight increase of 0.18% within the last 24 hours. BTC’s price was struggling to break the $65K level for a long time. At press time,
June 26, 2024 2 mins read
The rise of “celebrity coins” has brought a peculiar trend to the crypto market, with various well-known personalities launching their tokens. Celebrities such as Iggy Azalea, and Rich The Kid have joined this movement. However, this trend has also sparked alarms about celebrity-themed crypto scams. Recently, even the Twitter account
June 26, 2024 2 mins read
Ethereum’s (ETH) price action over the past week saw a dip to $3,259, raising fears of a decline below $3,000. However, ETH managed to find support and is currently trading at $3,375, having risen by 1.93% within the past 24 hours. Despite this recent uptick, ETH is down 10.30% over
June 25, 2024 2 mins read
The crypto market displays mixed signals with significant movements in the largest cryptocurrency by market cap, Bitcoin. BTC went down $59k in the past 24 hours with a 3% decline. Traditionally, declines in BTC influence fluctuations across altcoins and meme coins, yet some of them are bucking the trend and
June 25, 2024 2 mins read
South Korean crypto exchange Upbit announced the launch of BLAST trading pairs for Korean won (KRW), Bitcoin (BTC), and Tether (USDT). Notably, the trading of BLAST, the governance token of L2 network Blast, on the platform is expected to start on Wednesday. Upbit is one of the five fully licensed
June 24, 2024 1 min read
The crypto market struggles to hold its ground as bears dominate. Dipping to the $62K range, Bitcoin (BTC) tumbles under strong selling pressure. This state has blocked bullish corrections among the altcoins. The global crypto market cap has declined by 3.09% in the last 24 hours. The price dipped by
June 24, 2024 2 mins read
The anticipated airdrop of LayerZero’s ZRO token launched recently, with listings on major exchanges including Binance, Bitfinex, OKX, ByBit, and Bitget. These listings significantly boosted the token’s liquidity and visibility, leading to an initial price surge reaching $4.80. However, the token’s price saw a decline following the introduction of a
June 21, 2024 1 min read