USA welcomes aboard its 47th President, Donald Trump after a six-month-long campaign and endless promises from electoral candidates. Kamala Harris lost the battle at a close 4% with Trump taking the majority. During the campaigns, Donald Trump endorsed the crypto sector intensely, making several promises. Firstly, the president showed high
Israel has reportedly lost billions of shekels in potential tax revenue from cryptocurrencies, according to a report published today by the State Comptroller and Ombudsman. The audit highlights severe lapses in the nation’s approach to taxing digital currencies, revealing an estimated annual revenue loss of NIS 2 to 3 billion
The cryptocurrency market has become a spur of activity as Bitcoin hits a new milestone in ATH. The digital asset surged to the $75K level coinciding with market expectations and much to the joy of investors. US electoral events that influenced BTC price have been causing quite a frenzy instigating
How Bitcoin (BTC) and the crypto market will respond to the 2024 U.S. Presidential Election results remains a focal point of speculation. However, ahead of the outcome, two key players — BTC and Dogecoin (DOGE) — have charted rallies to prominent price peaks. Notably, the former hit its new all-time
The crypto market has gone bearish in the last 24 hours, having been influenced by Bitcoin’s returning to the $68K level. The overall crypto market cap has dipped by 0.76% while its daily trading volume shows a 12.89% surge. Meanwhile, within the altcoin sectors, several cryptocurrencies have taken a bullish
In October 2024, the crypto industry witnessed losses of $129.6 million, driven by various security incidents, including exit scams, flash loan attacks, and significant exploits. According to CertiK, a blockchain security firm, exit scams accounted for $1.2 million, flash loan attacks led to $1.5 million in losses, and a staggering
External factors’ influences have not been novel to the crypto market since the beginning. As the US elections begin in the next few hours, community members wait with bated breath for the outcomes. Meanwhile, amid these tensions, previously bankrupt crypto exchange Mt. Gox showed a new activity approximately 6 hours
Solana (SOL) is riding a wave of growth, achieving its highest-ever monthly active address count in October. The network recorded over 123 million active addresses, marking a 42% increase from September. This surge highlights a striking rise in user engagement, up from just 12.7 million active addresses in January. Fueling
XRP, currently trading at $0.5075, witnessed a minor 0.48% surge over the past 24 hours. This upward movement aligns with the broader crypto market, which recorded a slight 0.09% uptick after experiencing losses throughout the day. However, XRP had previously dropped to a ten-day low of $0.4917. Meanwhile, over recent
ZetaChain (ZETA), an interoperability-focused Layer-1 blockchain, experienced a six-hour outage on Thursday, halting deposits and withdrawals. The network’s interruption was caused by a consensus failure linked to a recent update deployed to a limited number of validators, necessitating a rollback to node software version 20.0.5. At approximately 11:53 p.m. UTC,
