Tue, September 29

Dogecoin Appears Poised for Breakout, But Which Way Will DOGE Go?

Based on technical indicators flagged by prominent crypto analyst Ali Martinez this week, meme-inspired token Dogecoin looks set to enjoy a sharp move in price action after an extended period of listless trading. The question now becomes whether the impending volatility spike portends a bullish price surge or another collapse

February 5, 2024 2 mins read

Chainlink Soars 24% on Whale Activity and Positive Technicals

The cryptocurrency market has witnessed a significant surge in Chainlink (LINK) prices, with a notable 24% increase this week and reaching a two-year high currently at $19.6. This surge is fueled by a series of intriguing events, including a surge in dormant whale transactions, technical indicators pointing towards a bullish

February 5, 2024 2 mins read

Binance Burns 2.1B Terra Luna Classic (LUNC) Tokens in 18th Batch

In the 18th batch of the LUNC burn mechanism, crypto exchange Binance, burnt 2.1 billion Terra Luna Classic (LUNC) tokens. With almost 50 billion LUNC burnt so far, the crypto exchange accounts for 52.4% of all tokens burned by the Terra Luna Classic community. The Terra Luna Classic community has

February 4, 2024 1 min read

Can Avalanche (AVAX) Surpass the $50 Mark?

Following the Federal Reserve’s recent interest rate decision, which was unchanged, the cryptocurrency market witnessed a pullback. Avalanche (AVAX) emerged as a standout player, displaying resilience amidst the decline observed across major cryptocurrencies. Over the past 24 hours, AVAX experienced a 6.37% increase in market value, coupled with a 61.69%

February 3, 2024 1 min read

Binance Freezes $4.2M in XRP Linked to Ripple Co-founder’s Wallet Hack

After the biggest breach of 2024 thus far—a $112 million attack on Ripple co-founder Chris Larsen’s personal wallet on January 31—cryptocurrency exchange Binance froze $4.2 million worth of XRP. Richard Teng, CEO of Binance, took to social media to announce that the exchange has blocked the exploiter’s address. He also

February 2, 2024 2 mins read

USDT Issuer Tether Launches New Division for Global Blockchain Education

One of USDT Issuer Tether’s new initiatives is an educational division that will provide seminars, classes, and other opportunities to learn about blockchain and other digital technologies. With the help of industry leaders and trailblazers, the new Tether division will provide a “smart education environment” for students. Tether USDT is

February 2, 2024 1 min read

Chainlink Price Hits 2-Year High: What’s Next for LINK Bulls?

Chainlink, an Oracle service provider shown a remarkable display of strength over recent days. Over the last 24 hours, the LINK price has surged by 15%, reaching $17.93, with a market cap of $10.8 billion. This surge follows a week of impressive gains, where LINK has outshone every major altcoin,

February 2, 2024 1 min read

Baby Doge Coin Executes Massive Burn of 139 Trillion Tokens

As we step into the second month of 2024, major discussions around memcoins seem to be dwindling in the market. Nevertheless, the memecoin community is steadily growing, hinting that the days of wild returns for memecoin bulls may not be too distant. Talking of it, the prominent Baby Doge coin

February 2, 2024 1 min read

USDT Issuer Tether Achieves Whopping $2.9B Net Profit in Q4 2023

Tether, the issuer of the USDT stablecoin, saw an all-time high growth in the surplus reserves supporting its tokens in circulation and a record-breaking $2.9 billion net profit in Q4 2023, according to its latest attestation report completed by global auditing company BDO. The majority of Tether’s net operational profit

February 1, 2024 1 min read

Ripple Hit by $112.5 Million Exploit: 213 Million XRP Stolen

ZachXBT, an on-chain independent investigator reported that a huge breach at Ripple had resulted in the loss of almost 213 million XRP, which is worth about $112.5 million. Major crypto firm’s security practices came under scrutiny after the event, which was revealed on January 31, 2024, caused widespread worry among

January 31, 2024 2 mins read