The cryptocurrency market has been grappling with bearish sentiment since late June, pushing Bitcoin to a five-month low below $54,000 and Ethereum to a two-month low under $2,820 last week. The global market cap dipped below $2 trillion, and many altcoins hit yearly lows with significant double-digit declines. In the
In a recent wave of high-profile hacks, American rapper and singer Doja Cat’s Twitter account was hacked to promote a Solana-based meme coin. The hack began at 7:15 PM ET on Monday, with the account’s profile picture and description removed. And over two dozen tweets posted, urging followers to “buy
Ethereum, the largest-capped altcoin, marks the slightest recovery back to $3,000 with a minute spike of 1.25% in the last 24 hours. Alongside Bitcoin’s dip to $53.4K, Ethereum bottomed at $2.8K last week, creating a panic in the market. Mt. Gox and the German Government were among the instigators of
Bitcoin (BTC), the largest cryptocurrency by market cap, has continued to display its dismal price trends ever since the start of July. Following BTC’s price dip, the global crypto market shed over a hundred billion dollars, returning it to $2.05 trillion. Notably, over the last 24 hours, Bitcoin formed a
The market has been very bearish in recent days, and today marks another decline as it enters the fear zone, with the global market down 3%. Bitcoin, the largest cryptocurrency, has fallen below the $56K range, now trading at $55,580, while altcoins face double-digit declines. Among them, the Pendle coin
Taiwan’s second-largest telecom operator, Taiwan Mobile, has stepped into the cryptocurrency space. The company has applied to become the nation’s 26th Virtual Asset Service Provider (VASP) operator. Acquiring the license, it aims to establish its cryptocurrency exchange. According to the local media report, Taiwan Mobile gained approval after submitting its
The cryptocurrency market is navigating turbulent waters, with the total market cap dipping below $2 trillion and many altcoins hitting yearly lows. Amid these challenges, analysts remain cautiously optimistic about a potential bullish turn in the NFT space, fueled in part by major developments. One significant shift observed is the
Blockchaincon, the most anticipated event in the realm of blockchain technology, cryptocurrencies, web3, and trading, returns this year with an expanded edition that will take place across three Latin American countries: Colombia, Mexico, and Peru. The first stop will be in Bogotá, Colombia, on July 18 and 19 at the
Bitcoin, the leading cryptocurrency, has continued to show a downtrend for the last month. BTC hit its four-month low, declining 8.55% to $53,485. The noted decline and selling pressure are paralleled with the defunct crypto exchange Mt. Gox’s Bitcoin repayments to its creditors. Mt. Gox wallets actively moved 47,229 BTC
The crypto community amidst its expectancy for bull runs has received shock waves this past week. In an additional remark, the crypto market recorded a $110 million liquidation in under an hour, during the Asian morning hours of July 5. With such high liquidation rates, the market has dipped into
