Bitcoin retraced back to its $95K range today. The overall crypto market cap fell to $3.14 trillion with more than 1% decrease today. Even the top altcoins such as Ether, Solana, XRP, BNB, Cardano, and Dogecoin are also bleeding amidst dull market performance. Global crypto funds witnessing significant weekly outflows,
The Crypto Regulation has witnessed radical and unprecedented shifts in the past two years. From being a niche investment loosely regulated and with minimal monitoring in the past. It is now a top priority for governments around the world. As we see the unfolding of new political trends in the
Layer-1 blockchain Berachain’s total value locked (TVL) has surpassed $3.26 billion. This makes it the sixth-largest network in decentralized finance (DeFi), according to data from DefiLlama. The surge has pushed Berachain ahead of Arbitrum and Base, which hold $2.9 billion and $3.24 billion, respectively. Breaking: @Berachain has officially surpassed @Base
The leading DEX on Solana, Raydium (RAY), took the biggest blow and slipped over 33.27%. The drop follows the report that Pump.fun, a Solana-based token issuance platform, is planning to launch its automated market maker (AMM). A replacement of Raydium for its AMM would result in a bearish sentiment for
Bybit quickly recovered from the recent hack of $1.5 billion worth of funds. The exchange fell prey to hackers despite being the secure and top-second crypto exchange platform in the industry. Its quick recovery to offer continuous support to users is setting an example to other crypto platforms in the
The recent Bybit hack shook the crypto industry, wiping around $1.5 billion worth of ETH from the exchange. Despite the huge loss, the exchange maintained its composure and addressed the issue at the earliest possible. It even restored the liquidity, allowing users to withdraw within a couple of days. Meanwhile,
Pump.fun, a Solana-based memecoin launchpad, is reportedly testing a new in-house automated market maker (AMM), which could potentially replace Raydium as the primary decentralized exchange for tokens launched on its platform. This development was initially reported by Aggr News on X (formerly Twitter), reporting that this innovation might challenge Raydium’s
Non-KYC crypto exchange eXch has denied accusations of laundering funds from the $1.4 billion Bybit hack, despite blockchain analysts linking stolen assets to its platform. While eXch admitted that some funds from the hack were processed, it insisted the case was “isolated.” Bybit suffered one of the largest crypto thefts
The number of US states that are exploring Bitcoin investments has lost count under Trump’s presidency. Georgia has also filed a Bitcoin reserve bill on Feb 14, 2024 adding to the list of these states. As per the latest updates, Georgia filed for a second Bitcoin reserve bill to invest
The crypto market recovery remains stalled despite multiple attempts. Bitcoin is consolidating, while Ethereum shows signs of weakening momentum, hinting at a downturn ahead. Notably, Ripple’s XRP is striving to break out of bearish territory. Analysts forecast that clearing crucial hurdles could trigger an upside correction toward new highs. XRP’s
