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Search Results for: Cardano

Shiba Inu: SHIB Investors Add Mpeppe (MPEPE) For 1000% Gains In 2024

The cryptocurrency market is no stranger to meme coins making headlines and capturing investor interest. Shiba Inu (SHIB) has been a standout in this category, amassing a robust community and substantial returns. However, the emergence of Mpeppe (MPEPE) as a new player is drawing significant attention, particularly from Shiba Inu

June 27, 2024 4 mins read

Binance Freezes $5.3M in Stolen Funds After $54M BtcTurk Hack

Following the latest hack on BtcTurk, Binance CEO Richard Teng has reiterated the exchange’s resolve to increase security and safeguard user funds. Binance has taken immediate action by freezing stolen assets that passed via its centralized exchange.  This shows that they are trying to help impacted users as much as

June 23, 2024 1 min read

XRP Trading in Red Amid Ripple vs SEC Settlement Speculations

As the Ripple vs SEC XRP case continues, rumors of a potential settlement between the two giants continue to circulate. The Ripple case has been sent to settlement negotiations by a U.S. district court. The move follows Judge Phyllis Hamilton’s decision to reject many class action lawsuits. While permitting the

June 21, 2024 1 min read

Argentina President Voices Support for Bitcoin, Eyeing Economic Revival

The president of Argentina, Javier Milei, posted on X on Wednesday, June 19, to voice his support for Bitcoin and other cryptocurrencies in a free and competitive market. Milei has never before addressed Bitcoin in this context, despite his well-known support for the cryptocurrency. Following comments made by former VanEck

June 20, 2024 1 min read

What’s Causing the Prolonged Crash in Altcoin Market?

The altcoin market is experiencing a prolonged decline, making it a hard time for investors. It is influenced by several factors that have created a complex environment for the assets. The launch and oversupply of new coins play a vital role in the decline, leading to a steep market.  According

June 18, 2024 2 mins read

Digital Asset Funds See $600M Outflow Amid Hawkish Fed Outlook

The biggest notable outflow since March 22 was $600 million last week from digital asset exchange-traded products and funds, according to a report dated June 17. The majority of the withdrawals came from Bitcoin investment vehicles, as stated in the most recent CoinShares “Weekly Asset Fund Flows” report. The opposite

June 18, 2024 2 mins read

Ethereum Hit One-Month Low Amidst $19M Whale Deposit

The altcoin market is experiencing high bearish pressure, with major cryptocurrencies seeing notable declines. Ethereum (ETH), the leading altcoin has dropped 4% in the past twenty-four hours, hitting a one-month low of $3,355. Despite this price drop, trading volume has surged by 83%. Other notable coins in the altcoins’ red

June 18, 2024 2 mins read

Ripple CLO Evaluates SEC’s Retraction of ‘Absurd’ $2B Penalty Demand

Stuart Alderoty, chief legal officer of Ripple, has offered fresh commentary on the United States Securities and Exchange Commission’s (SEC) most recent filing after a contentious week in the case. An announcement of a settlement between the regulator and insolvent Terraform Labs kicked off the drama this week. The parties

June 16, 2024 2 mins read

New Report Highlights Risks in Ethereum’s Upcoming Pectra Upgrade

Recent report by Liquid Collective and Obol has uncovered various hazards related with Ethereum’s upcoming Pectra upgrade in early 2025. Although distributed validator technology (DVT) has been slow to gain traction. The report stresses the significance of diverse clients, operators, and cloud. Concerning the execution and consensus clients, the report

June 16, 2024 1 min read