Swan Bitcoin has announced the cancellation of the highly anticipated Pacific Bitcoin conference scheduled for October. This decision follows a strategic pivot and a recent staff reduction at the company. The focus now shifts towards bolstering Swan’s core business operations. The company recently downsized its staff, a move aimed at streamlining
Bitcoin (BTC) and Ethereum (ETH), the largest cryptocurrencies by market cap, have faced a critical and dramatic downturn that panicked the global crypto community. In the unforeseen market crash, BTC plummeted by 17%, hitting its 5-month-low at $49K. Likewise, ETH recorded a severe drop of 24%, priced below the $2.5K
The Indian crypto community is facing turmoil following a major hack involving WazirX, one of the country’s largest centralized exchanges. The multi-signature wallet breach resulted in $230 million worth of assets being stolen. The recovery measures undertaken by WazirX have been widely deemed unsatisfactory, and the government’s lack of involvement
In a political landscape where every candidate is vying to stand out, Robert F. Kennedy Jr. has taken an unexpected route to capture attention. Robert F. Kennedy Jr., a man known for his unfiltered takes and eco-warrior persona, recently shared a tale straight out of a bizarre sitcom: dumping a
Binance’s native pool has officially launched the Kaspa Network (KAS) mining service. The launch of this service on the platform does not guarantee a token’s listing on Binance, as per official statement. KAS miners can relish zero pool fees for KAS mining, during the“promotion period” — from today to November
In the last 24 hours, the cryptocurrency market faced a sharp downturn, with $901.67 million in long positions liquidated. The sell-off, which surged on Sunday, has stemmed to significant losses across major digital assets like Bitcoin (BTC) and Ethereum (ETH). Also, the decline has pushed the global market cap below
The crypto market is anticipating potential bearish momentum as the current market dynamics stay on the borderline of the bearish zone. The tokens are fluctuating and settling back to their recent lows. Among them, the native token of the popular cross-chain bridge platform, Wormhole (W), has declined by 2.40% over
The crypto market seems littered after the Fed’s decision, resulting in increased volatility. Bitcoin and Ethereum have declined and slipped to their previous lows. Notably, Solana also stepped into bearish momentum after its brief upward breakout. SOL exhibited over -3% price decline in the past day, causing the token to
The crypto market exhibits a bearish sentiment followed by the unchanged Fed rate. Bitcoin has dropped by 3%, and the largest altcoin, Ethereum, recorded a similar downside price action by falling over 3.70%. A low has formed near $3,136, indicating a negative outlook. The price drop of ETH can also
The United States announced the Fed rate has kept steady at 5.25%–5.50% on Wednesday. Federal Reserve Chair, Jerome Powell, signals a rate cut during the September meeting. This could happen if economic data continues at the proper pace. The Powell-led panel ended its fifth policy-setting meeting for 2024 on July
