As the cryptocurrency market grapples with uncertainty surrounding the U.S. presidential election, Ethereum (ETH) has experienced significant downward pressure. Currently trading at approximately $2,443, ETH has seen a 0.73% decline in the past 24 hours and a steep 7% drop over the last week. Despite a slight recovery in total
As the global cryptocurrency market experiences a resurgence with BTC revisiting the $73,000 mark, HTX, a leading cryptocurrency exchange, is rolling out a swath of innovative initiatives aimed at bolstering investor engagement and maximizing returns. HTX’s spokesperson, Liu Ye, recently took to X and shared several major upgrades for the
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
On US Election Day, Dogecoin (DOGE) grabbed a spot in the cryptocurrency market, climbing over 11.42% in the last 24 hours and emerging as a top gainer. While major cryptocurrencies like Bitcoin (BTC) trade in red, DOGE’s rise stands out as a beacon of optimism. The rally in the DOGE
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
A group of major players in the fintech and crypto world—Robinhood, Kraken, Galaxy Digital, and Paxos—have launched a new stablecoin, the Global Dollar (USDG), pegged to the US dollar and aimed at boosting accessibility and rewarding community engagement. [1 / 4] Today, we’re launching Global Dollar Network (@global_dollar ) —
A recent report by Binance Research ‘Understanding the Rise of Memecoins’ explores how economic and cultural changes have fueled the meteoric rise of memecoins as a distinct asset class within cryptocurrencies. The macroeconomic environment, including inflation and growing financial disenchantment, especially among Millennials and Gen Z, is examined first. In this setting,
At the end of October, Bitcoin soared near its all-time peak of $73K and sparked a strong rally across the crypto market, particularly in the meme coin sector. Among the tokens drawing attention was Dogwifhat (WIF), but as November kicked off, the upbeat momentum began to wane. Currently, Dogwifhat’s price
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
