Bitcoin price action is the day’s breakfast convo for crypto community members. The cryptocurrency has begun to recover to its previous price levels at the $60K range. Meanwhile, the web3 community is also awaiting several token unlocks this week, including the WLFi token from Trump’s DeFi project. When reverting attention
As the crypto landscape evolves, questions loom over Solana’s future in a market once dominated by its meteoric rise. In 2021, SOL captured headlines with astonishing gains, captivating investors and positioning itself as a potential cryptocurrency.However, with increasing competition, network challenges, and shifting investor sentiment, many are starting to wonder
The crypto market is showing a drastic price surge. Among them are three top cryptos, they are NEIRO, XRP, MATIC, and RXS. 1. NEIRO $NEIRO is a new cryptocurrency with a total supply of 1 billion tokens, offering zero buy/sell tax and no team tokens, which suggests a community-driven approach.
South Korea’s financial regulator is moving closer to approving spot crypto exchange-traded funds (ETFs) and corporate crypto accounts, with discussions set to accelerate following the establishment of a new Virtual Assets Committee. The committee, which was officially announced on October 13, is expected to play a key role in shaping
The cryptocurrency sector is bustling, with rapid shifts that can alter market dynamics overnight. Despite a strategic boost in holdings by Ethereum’s co-founder Vitalik Buterin, Ethereum has seen a decline of over 9% in the past week, demonstrating the volatility and challenges in the broader market. Conversely, Kaspa shows promise
After a week marked by mixed sentiments, the cryptocurrency market has bounced back positively, particularly following the release of the Consumer Price Index (CPI) data for September. The CPI rose by 0.2%, while the core CPI increased by 0.3%, both exceeding expectations. This data has led analysts to believe that
The governance token of the Uniswap decentralized exchange has surpassed the global crypto market by recording the highest gains on October 11. According to the CMC, UNI has climbed 19.21% over the past 37 hours following the launch of its layer-2 network, Unichain. The price of UNI rose from a
On October 10, 2024, Josh and Jessica Jarrett, Tezos network stakers, again filed a lawsuit against the IRS, challenging its taxation of block rewards from staking on the Tezos network. This case, now in federal court in Tennessee, asserts that tokens generated through staking should be classified as property. It
The stablecoin market has reached a pivotal juncture, with total liquidity hitting unprecedented levels, according to the latest CryptoQuant report. This surge in stablecoin value, now totaling $169 billion, represents a 31% increase year-to-date, adding $40 billion to the market. This growth not only signals increased confidence in digital assets
David Kagel, an 86-year-old former attorney, faces significant consequences for his role in a multi-million-dollar cryptocurrency Ponzi scheme. Recently, he admitted to charges of conspiracy to commit commodity fraud. This admission highlights the ongoing issues within the cryptocurrency market, particularly regarding fraudulent activities that target unsuspecting investors. Kagel’s scheme began
