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Search Results for: Cryptocurrency

Why Memecoins’ Trading Volume Soars Amid Bearish Takeover?

A notable downturn has marked the cryptocurrency market as bears exerted pressure, causing the overall market cap to drop by 5.89%. Bitcoin, the leading cryptocurrency, experienced a sudden decline to as low as $66,000, while Ethereum briefly fell to $3,319. During this period, the entire network witnessed a total liquidation

April 2, 2024 2 mins read

Bitcoin Flash Crash to $66K, What’s Behind the Sudden Reversal?

Bitcoin (BTC) experienced a significant downturn today, plunging to a 10-day low of $66,045, marking an 8% decrease in value. This decline triggered a broader correction across the cryptocurrency market, with the top ten altcoins also witnessing corrections ranging from 6% to 12%. Also, the global crypto market has seen

April 2, 2024 2 mins read

Forget the Shiba Inu (SHIB) and Pepe Coin (PEPE) Gamble: Start Accumulating These Two Cryptocurrencies with Real Utility

In the tumultuous landscape of cryptocurrency investments, where meme coins and speculative tokens often dominate the headlines, discerning investors are seeking out opportunities with real-world utility and long-term viability. While the allure of quick gains may be enticing, astute investors understand the importance of looking beyond the hype and focusing

April 2, 2024 5 mins read

USDT Issuer Tether Completes SOC 2 Audit, Boosts Security Compliance

System and Organization Controls 2 (SOC) audits are the pinnacle of security compliance, and Tether has revealed that they have successfully completed one. The AICPA (American Institute of Certified Public Accountants) created the audit. According to a statement made by Tether CEO Paolo Ardoino on April 1, the audit highlighted

April 2, 2024 1 min read

Crypto Exchange Upbit’s Trading Volume Plummets Drastically After March Peak

After hitting a peak in early March, the 24-hour trading volume at Upbit—one of the largest cryptocurrency exchanges in South Korea—fell to $3.8 billion at the beginning of April. The Upbit exchange reached this year’s all-time high trading volume of around $15 billion on March 5. The fact that Bitcoin

April 2, 2024 1 min read

Binance Reveals Board of Directors Under New Leadership of Richard Teng

Richard Teng, the exchange’s new chief executive officer after Changpeng Zhao’s resignation, is one of seven members of Binance’s board, according to a Bloomberg article. Binance executives Lilai Wang, Jinkai He, and Heina Chen all have equal board representation. Gabriel Abed, a former ambassador of Barbados to the UAE, Arnaud

April 2, 2024 1 min read

Institutional Interest Drives Grayscale Solana Trust (GSOL) Value Surge

Grayscale Solana Trust (GSOL) value has skyrocketed, showing that institutional investors are more optimistic about Solana (SOL). The Coin Bureau’s CEO and co-founder, Nic Puckrin, brought attention to this inclination in particular. He took note of the premium that GSOL shares trade for compared to SOL’s current pricing. Incredibly, GSOL

April 2, 2024 1 min read

Dogecoin Poised for 600% Rally, Analyst Predicts $1.5 For DOGE

Dogecoin, the beloved cryptocurrency known for its meme-inspired origins, has once again captured the attention of the crypto community, thanks to a highly optimistic analysis by crypto expert Ali Martinez. Martinez suggests that Dogecoin could skyrocket to nearly $1.5 by April, representing an incredible 600% increase from its current price.

April 1, 2024 2 mins read

Litecoin Breaks Free from Six-Year Consolidation, LTC Signals Fresh Bull Cycle

Litecoin (LTC), the third-largest digital asset secured by the legacy proof-of-work (PoW) consensus mechanism, has finally broken free from a six-year-long macro-consolidation, signaling the onset of a fresh bull cycle. With a fully diluted valuation of approximately $9 billion and more than 8.8 million non-zero addresses, the mid-cap altcoin closed

April 1, 2024 2 mins read
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