The price of Polygon‘s token, MATIC, has dropped significantly, following the trend of most major cryptocurrencies during the recent market sell-off. Since the third week of March, MATIC has decreased by 46%, now trading at $0.69. Factors such as geopolitical tensions in the Middle East and Bitcoin‘s pre-halving correction are contributing to the market’s bearish … Read more
Dogecoin (DOGE), the leading meme cryptocurrency, experienced a surge of over 4% in price following Elon Musk’s latest humorous post about it on Twitter. Musk told a version of the well-known “Biggus Dickus” humor from the 1979 Monty Python movie, Monty Python’s Life of Brian. A billionaire has likened the mainstream media to soldiers in … Read more
Recently, the rate at which Shiba Inu (SHIB) tokens are being destroyed, known as burn rate, saw a significant decrease following a large increase the previous day. This sudden change is causing worry among supporters since burning tokens is an essential part of the SHIB community’s functioning. Shiba Inu’s Burn Rate Declines By 99% The … Read more
Mark Cuban, an American entrepreneur, used X to share with his audience the result of a past decision he made concerning his taxes. KPMG Estimates Mark Cuban’s Tax Based on Cuban’s account, he has transferred a grand total of $275.9 million to the Internal Revenue Service (IRS) as settlement for his entire tax liability due … Read more
The upcoming Bitcoin halving, predicted to occur between April 17 and 21, is generating buzz in the cryptocurrency world and keeping investors on tenterhooks. Anticipation is high, leading many to consider adjusting their crypto holdings by rebalancing and redistributing their investments. This could be a prime opportunity for the biggest Bitcoin bull run yet within … Read more
A major security incident involving the Grand Base token (GB) caused great concern in the cryptocurrency world, resulting in approximately $2 million in losses. The price of GB plummeted nearly 100% following news of the hack. Coinbase’s widely used Grand Base protocol for tokenizing real-world assets on its layer-2 blockchain has recently given undeniable proof … Read more
A new advertisement from Coinbase’s commercial team announces the upcoming Bitcoin (BTC) halving event, taking place on April 19, 2024. During this event, the amount of new bitcoins released with each transaction will be cut in half. The ad aims to inform viewers about the potential increase in Bitcoin’s price due to this reduction in … Read more
Last weekend, the cryptocurrency market saw significant bearishness, driven by heightened geopolitical tension between Iran and Israel. Bitcoin dropped to a low of $61,500, while most altcoins, including XRP, experienced prolonged corrections. In just one week, the price of XRP plummeted from $0.643 to $0.49, representing a 24% decrease. This sharp decline broke through the … Read more
Based on data from analytics firm Lookonchain, a significant Bitcoin investor has amassed approximately $16 million in Bitcoin once more following a significant market downturn. The whale in question has bought large amounts of a cryptocurrency or asset for the third time, as reported by the firm. Overall, they have managed to accumulate $59 million … Read more
Largest German federal bank, Landesbank Baden-Württemberg (LBBW), with assets worth €333 billion, is teaming up with Bitpanda Technology Solutions, a prominent European crypto platform, for a strategic partnership. The alliance will debut in the second half of 2024, bringing cryptocurrency offerings to LBBW’s corporate clientele. Major German Bank Enters Crypto Under the terms of the … Read more