The cryptocurrency market is experiencing rapid changes in dynamics, with Bitcoin’s dominance on the rise, potentially overshadowing altcoins and limiting their value appreciation. However, Solana (SOL) is exhibiting unique price behavior as it approaches a critical point in its consolidation phase. The upcoming days will be pivotal for the SOL
A Dutch court has sentenced Tornado Cash’s developer, Alexey Pertsev, to 64 months in jail. This decision stems from his role in $1.2 billion worth of money laundering. On May 14, the s-Hertogenbosch court handed down the ruling. The verdict against Tornado Cash’s developer represents a watershed point in the
Ethereum (ETH) recently experienced a setback as it was rejected at the $2,996 mark. The cryptocurrency is now moving towards the crucial uptrend support level at $2,880. At press time, ETH is trading at $2,902, with a 2.48% decrease over the past 24 hours and a 5.64% drop on a
Binance has added the FLOKI memecoin to its listing in Thailand. The result is a dramatic increase in the value of the memecoin. FLOKI, which has been steadily growing in popularity in Thailand, went to X to announce the new listing. The FLOKI price surged by over 7% post the
BlockDAG (BDAG), surpassing both Helium (HNT) and ApeCoin (APE) in market performance and innovation, has swiftly emerged as a standout cryptocurrency. With a notable $25.7 million presale and the forthcoming release of the X1 miner app, BlockDAG has recently celebrated its inclusion on CoinMarketCap with a major celebration in London’s
In its ongoing drive to expand throughout the Asia-Pacific region, cryptocurrency exchange OKX has decided to transfer its Australian-focused services to a locally licensed firm. According to OKX president Hong Fang, who spoke at a press conference in Sydney on May 14, the Australian market is significantly underrated. Fang added:
Cryptocurrency investors constantly seek the next big opportunity, the diamond in the rough that promises astronomical gains. However, in pursuing such opportunities, it’s crucial to steer clear of certain pitfalls. Two such pitfalls in 2024 are Polygon (MATIC) and Ripple (XRP). Despite their previous prominence, recent developments indicate that these
Meme coins have become popular to pass the time and even get money. However, risk-averse investors are frequently discouraged from investigating this market niche due to their unpredictable character. Some meme currencies stand out for their unique features, robust community support, and significant development potential despite the associated hazards. Three
The UK elections scheduled to happen later this year, are expected to maintain currents in the crypto sector. Industry stakeholders and Government officials have made statements on the UK’s approach to crypto. Amidst the crypto tug-of-war in the US Elections, the UK has steered clear of controversies. The country has
Memecoins are once again capturing the attention of traders and investors, with PEPE and FLOKI leading the charge. PEPE, in particular, has reached a new all-time high (ATH) of $0.00001101, marking a significant milestone. PEPE is currently trading at $0.00001073, boasting a surge of 22%. This surge is reflected in
