Bithumb, the second-largest cryptocurrency exchange in South Korea, has announced the launch of the Internet Computer Protocol (ICP) Korean Won (KRW) trading market to commence on June 12, 2024, at 20:00. The launch of the ICP-KRW trading pair is expected to provide more possibilities and facilitate liquidity in the market.
While the global cryptocurrency market remains sluggish and is awaiting the release of the US May 2024 Consumer Price Index (CPI) report, which is scheduled for June 12 at 12 p.m. UTC, Baby Doge Coin (BabyDoge) has seen a significant rally, jumping over 38% in the past day from $0.000000001621
Whale accumulation occurs when these significant holders accumulate large quantities of a cryptocurrency. Their actions can signal potential bullish trends, as their investments often lead to increased demand and higher prices. Recently, massive whale accumulation has been observed for Retik Finance (RETIK), a promising rival to Solana (SOL). This trend
Recent growth spurts in Fantom and Notcoin have slowed, leading to price pullbacks. This has diverted investor attention to new projects with potential. BlockDAG, a layer-1 project, has attracted significant inflows with its stellar presale, becoming a preferred destination. Its recent keynote highlighted the technical prowess of the BlockDAG X100
As the price of cryptocurrencies plummeted and liquidations increased, Bitcoin miners made the largest sell of reserves since late March 2024. Bitcoin miners’ stance on holding or selling reserves influences market patterns. There has been a severe ongoing downtrend in the cryptocurrency market, as a number of assets have taken
Ethereum (ETH) price forecasts remain bullish, hinting at a potential breakthrough, signaling strong upward momentum. Amid this hopeful outlook, investors in Render are reconsidering their positions due to market turbulence, eyeing more stable investment ventures. Enter BlockDAG, a trailblazer in blockchain innovation, achieving impressive feats with its presale. With strategic
June 10, 2024, saw major trading activity at Ark Invest, headed by Cathie Wood, including a large sell-off of Robinhood Markets Inc. (HOOD). Regardless of the cryptocurrency exchange’s purchase of Bitstamp, the company has persisted in selling off Robinhood shares. In addition, after Ark Invest’s sale of more than $7.5
As Bitcoin’s price dipped below the critical support level of $68,000, the meme coin sector has experienced a downturn, with leading meme coins shedding substantial value from their respective portfolios. Among the affected tokens, the Pepe coin has continued to exhibit a strong bearish price action, recording a correction within
The Central Bank of Ireland has approved Crypto.com as a Virtual Asset Service Provider (VASP). Crypto.com is the industry leader in regulatory compliance, security, and privacy, with over 100 million clients worldwide. This approval comes after an extensive review of Crypto.com’s compliance record, which includes its capacity to prevent money laundering
Elizabeth Warren, Jacky Rosen, and John Hickenlooper—three U.S senators—recently wrote to Federal Reserve Chair Jerome Powell, urging him to lower the Fed interest rate. At 5.5%, the current interest rate set by the Fed is the highest level in two decades. High borrowing rates, according to the senators, are making
