June 10 was nearly a partial doomsday of 2023 for the crypto market when most of the altcoins hit horrible lows. But the subsequent rebound experienced by them captured the attention. The altcoin Aragon (ANT) pulled off an astonishing rise. It jumped 51.24% to hit its one-year-high at $3.999 last
This week, the crypto world experienced considerable upheaval. Following the Securities and Exchange Commission’s (SEC) intensified crackdown on the industry, market confidence rebounded slightly in light of cooling U.S. inflation. The SEC’s high-profile lawsuits against Coinbase and Binance, industry giants, have been central to the vortex. Similarly, SEC Chair Gary
On June 14, the official exchange rate of the Nigerian naira against the U.S. dollar hit an all-time low of NGN634 per greenback. The devaluation of the naira by more than 30 percent occurred days after the Central Bank of Nigeria (CBN) disputed that it had lowered the exchange rate
According to the most recent assessment, there are now over 12,494,695 Ordinal inscriptions connected to the Bitcoin blockchain. As a result of this ongoing pattern, mempool.space has recorded over 300,000 outstanding transactions that have yet to be validated. Bitcoin miners validated these transactions and others worth $46.10 million in conventional
The “OG” institutional Bitcoin investment vehicle seems to have gained value as a result of BlackRock’s Bitcoin aspirations. According to data compiled by tracking platform CoinGlass, the Grayscale Bitcoin Trust (GBTC) came dangerously close to new all-time highs on June 17. Late last week, when word spread that the biggest
The million-dollar class action lawsuit filed against Elon Musk for insider trading of cryptocurrency Dogecoin took a new turn today. Elon Musk’s lawyer Alex Spiro revealed that Mr. Musk does not own any Dogecoin wallets that were part of price manipulation. Earlier, a class action lawsuit was filed against the
CoinMarketCap data reveals that the U.S. dollar-pegged BUSD stablecoin has dropped to fourth place in market capitalization among other stablecoins, having lost more than $1 billion during the last 30 days. There has been a 29% drop from May 18’s $5.54B market value to today’s $4.3B valuation of BUSD. Since
After being sued in February 2023 for unlawful operations. Hong Kong-based cryptocurrency exchange CoinEx settled with the New York Attorney General’s office for over $1.7 million. And a prohibition on providing services in New York. The money that has been seized will be used to pay fines and reimburse investors
Litecoin (LTC) has achieved a record-breaking milestone, strengthening its position as one of the leading cryptocurrencies in the market. Moreover, the milestone signifies the growth of LTC in the crypto market. Following the 25 million transaction record, LTC sets another groundbreaking achievement. BREAKING: Litecoin hits a record milestone of 200
Aptos (APT) has experienced a significant increase in its trading price. The sudden surge has turned the crypto community towards the cryptocurrency APT. Aptos is gaining momentum, capturing the interest of investors in the crypto market. Recently, the cryptocurrency APT has shown a massive increase of 10.82% in the past
