Wed, September 25

Search Results for: Dogecoin

Is Current Market Lull a Prelude to an Upcoming Bullish Rally?

The cryptocurrency market is currently in a consolidation phase, with Bitcoin trading at $71,377, experiencing a modest 0.77% price surge, while Ethereum has seen a 0.69% decrease, bringing its value to $3,824. This period of market stability is marked by the absence of significant gains among the top 50 coins

June 7, 2024 2 mins read

Chinese Student’s Crypto Fraud Sentencing Sparks Legal Debate

A student of Chinese Zhejiang University, Yang Qichao issued a virtual currency token BFF in 2022. After the issuance, Qichao’s uninformed liquidity withdrawal caused a crypto investor, Luo, to lose 50,000 BSC-USDT coins that he exchanged for the tokens.  This pushed Luo to file a complaint with the Nanyang Public

June 6, 2024 2 mins read

FDIC Reveals 63 US Banks at Risk of Insolvency, $517B in Unrealized Losses

Unrealized losses in the US banking industry totaling $517 billion were disclosed by the Federal Deposit Insurance Corporation (FDIC). Concerns regarding the stability of the US economy and financial sector have been sparked by the FDIC’s announcement that 63 banks are at risk of insolvency. A larger-than-expected drop in manufacturing

June 4, 2024 1 min read

Roaring Kitty Reveals $181.4M GameStop Position, Sparking Overnight Surge

Keith Gill, better known by his Reddit handle “Roaring Kitty,” revealed that he owns $181.4 million worth of GameStop (GME) stock and call options, sending the stock price soaring by more than 19% in overnight trading. The trader commonly acknowledged as having a significant impact on the 2021 GME short

June 3, 2024 1 min read

Top Crypto Gainers to Watch This Week

Bitcoin (BTC), the leading cryptocurrency, continues to exhibit volatile behavior, trapped below the $69,000 range early Monday. Despite its unstable momentum, Bitcoin traded between $68,000 and $70,000 in the past week. In the past 24 hours, BTC has experienced a slight uptick of approximately 1.51%.  Further, the global cryptocurrency market

June 3, 2024 3 mins read