The past week has been a rough ride for the crypto industry, with a series of unfortunate events leading to significant setbacks for some of the most prominent players in the market. From regulatory crackdowns to legal battles and price drops, here’s a roundup of what went down. Binance Shuts
The Pepe (PEPE) coin has been the top-performing cryptocurrency in the market since last month. In the last 24 hours, the PEPE token has seen a significant increase of 52.54% according to CoinMarketCap. Albeit the memecoin losing approximately 35% over the past seven days. The new memecoin experienced substantial losses
On May 12, Elon Musk announced that he was going to step down from the Twitter CEO post and appointed Linda Yaccarino as the new CEO. After the announcement, some crypto users spotted that Yaccarino follows Shiba Inu’s (SHIB) Twitter account. The talks started around the crypto market about the
The cryptocurrency world is witnessing a groundbreaking development. Google now provides instant access to Ethereum (ETH) balances directly within its search results. This game-changing feature revolutionizes the way cryptocurrency users interact with their digital assets. By simply searching for an Ethereum address on Google, users can now view their Ethereum
Pepe, the frog-themed memecoin is witnessing a downfall in price as well as in token holders. Post the controversy between the Coinbase exchange and Pepe coin, this is a sink for the token’s fame. In earlier weeks, the token stood out among the alt and memecoin community, for establishing high
Bitcoin (BTC), the world’s largest cryptocurrency, has shown a continued surge in recent days. Bitcoin’s transaction fee has hit an all-time high in the last two years, reaching the $30 mark. The average cost to send BTC on the mainchain is now $14. Bitcoin transaction fees have come off the
Floki Inu becomes the first cryptocurrency to get partnered with World Table Tennis Finale. The memecoin declared this collaboration in the Twitter profile just an hour before. #Floki has formed a strategic partnership with ITTF World Table Tennis (WTT) that will introduce the Floki brand to over 500 million people
Coinbase, one of the major cryptocurrency exchanges, might have offended the frog-themed crypto fans. In their weekly newsletter, the “Coinbase Bytes” email sent to the exchange customers landed in controversy. The newsletter was based on the crazy sentiment the present crypto market is holding towards memecoin. And as given details
The recent sale of $98K worth of Bitcoin by the US government has caused a stir in the cryptocurrency market. While the amount sold relatively small compared to the total market cap of Bitcoin, it has raised concerns among investors about potential market manipulation and the government’s stance towards cryptocurrencies.
Galaxy Digital, a leading cryptocurrency investor, is the latest significant player to leave the United States in response to the recent governmental onslaught. CEO Mike Novogratz of Galaxy Digital made the decision to relocate the company’s operations on Tuesday, May 9. He cited the challenging regulatory climate in the United
