Bitcoin, the most valuable cryptocurrency with the biggest market size, experienced a significant drop in price and reached a low of $67,482 on the Bitstamp trading platform recently. For the third month in a row, the annual rate of increase in the main consumer price index (CPI) surprised experts by coming in at 3.5%. This … Read more
During the turbulent times for cryptocurrencies, XRP has become a center of interest and has seen a dramatic spike in the number of liquidated positions within a short time frame. Lately, there has been an unprecedented rise in the process of closing losing positions in XRP as the wider crypto market struggles with significant losses. … Read more
Currently, the entire cryptocurrency market is going through a significant downturn. Bitcoins‘ price dropping below $70,000 has caused turmoil, and meme coins like Dogecoin and Shiba Inu have not escaped unscathed. Both coins suffered losses of at least 5% within the past day, leaving investors puzzled about the reasons behind this price decrease. Dogecoin And … Read more
Solana’s network is currently facing congestion, resulting in many transactions failing. The team at Solana asks for community patience as they put in long hours to fix the root causes and improve the network’s foundation. Root cause of Solana congestion Based on Austin Federa’s report as a strategist at the Solana Foundation, teams from Anza, … Read more
Michael Saylor, the founder and current Bitcoin strategist at MicroStrategy, the prominent business intelligence firm, frequently shares Bitcoin-related content with his large following on social media. He often incorporates AI-generated Bitcoin images into his posts. On this occasion, Saylor took to Twitter to issue a crucial warning to the cryptocurrency crowd, advising them not to … Read more
Bitcoin evangelist, early BTC adopter and analyst Tuur Demeester has been playing around with AI. Today, he presented the results of his AI experiment to the Bitcoin community on X social media platform (formerly known as Twitter). Demeester expressed his awe and enthusiasm over the result: an AI-generated song with lyrics, a tune, and vocal … Read more
During a heated debate about Ripple‘s relationship with XRP, David Schwartz, the company’s CTO (Chief Technology Officer), has offered clarification, aiming to bring understanding between the two sides. Ripple CTO On Naming Controversy In the past, XRP and Ripple had similar identities; XRP used to be called “ripples” before adopting its present form. As a … Read more
At Binance, one of the leading crypto platforms, they’ve chosen to remove six trading pairs: BAKE/BNB, ID/TUSD, MBOX/BNB, OP/TUSD, RDNT/TUSD, and UNI/BNB. This action is part of their regular practice to maintain a vibrant trading scene and provide top-notch user experience. Although Binance is not eliminating individual cryptocurrencies from its platform, users can continue trading … Read more
In spite of a downturn in the larger cryptocurrency market, metrics for RNDR, an AI-powered token by Render (RNDR), have surprisingly surged. According to ITB’s data, large transactions for this token increased by as much as 140% within a day, resulting in a dollar evaluation of approximately $74.29 million. Unusual Render trend The market data … Read more
Based on blockchain records, approximately 32 million XRP have been moved from Upbit, a major South Korean cryptocurrency exchange, to an undisclosed wallet. The large-scale shift of XRP from Upbit to an unidentified wallet has ignited discussions within the crypto world about the possibility of a big investor buying XRP. According to the crypto data … Read more