The beginning of August has witnessed a sharp intraday price decline in the leading altcoin, Ethereum. The token depicted a 4.50% decline in the last 24 hours and slid back to the $3,100 level. Notably, leading digital asset firm, Galaxy Digital showed ETH movements in the past few hours. According
The report for the second quarter (Q2) of this year has been issued by Tether Holdings Ltd, the issuer of USDT stablecoin. The company claimed a substantial increase in its earnings base in addition to retaining its quarterly supremacy. The USDT issuer announced a significant profit of $5.2 billion for
Launched on the London Stock Exchange (LSE), Fidelity International’s Physical Bitcoin Exchange Traded Product (ETP) is a revolutionary step. Professional investors are taking notice of this as a major development for cryptocurrencies in the UK. This announcement has boosted crypto market players’ confidence amidst a lot of chatter in the
As Bitcoin grapples with a downtrend, many top altcoins are experiencing significant declines. However, Binance Coin (BNB) turns positive in this turbulent market. Recent developments surrounding Binance and its former CEO, Changpeng Zhao, could be fueling this optimism. Following a prolonged legal dispute, the U.S. Securities and Exchange Commission (SEC)
By incorporating Space and Time as a ZK coprocessor solution to provide trustless cutting and incentives for Karak Distributed Secure Services (DSS), Karak is excited to further its goal of universal security. Space and Time (SxT) is the verifiable compute layer that enables trustless data processing to smart contracts, LLMs, and
With the launch of the new Cronos Learn course, which is now accessible on the Revolut app, Cronos and Revolut are collaborating to spread cryptocurrency education. This initiative offers an interesting method to learn about Cronos, cryptocurrencies, and Web3 while streamlining and safeguarding the process of maintaining everyone’s cryptocurrency portfolio.
As the global cryptocurrency market continues to evolve, recent developments have sparked optimism in the crypto market. Bitcoin (BTC) has bounced and maintained its position above $66,000 despite the ripple effects of the Mt. Gox Bitcoin selloff. Meanwhile, broader market sentiment has turned positive with the anticipated resolution of the
The cryptocurrency market is currently experiencing mixed movements, with some coins reaching new highs while others face significant declines. The global market cap has decreased by 0.51% in the past 24 hours, accompanied by an 18% drop in overall trading volume. Bitcoin, the leading cryptocurrency, has seen a 0.78% decline,
The Bitcoin (BTC) price seems to extend losses in the market. In the past 24 hours, the largest crypto has struggled to clear the $66.5K level and dipped by 1.28%. A low has formed near $65,323. Following BTC’s price dip, the global crypto market returned to $2.36 trillion, down by
Mt. Gox has taken significant steps to resolve the aftermath of its infamous 2014 hack. In the past 6 hours, the defunct crypto exchange has moved a substantial amount of Bitcoin, signaling the final phases of creditor repayments. According to the blockchain analytics firm Arkham Intelligence, the exchange transferred 33,964
