After the Bitcoin halving occurred last Friday, Bitcoin miners enjoyed a productive time despite a 50% decrease in mining rewards. This was due to heightened interest in the Runes protocol, which significantly increased Bitcoin transaction fees. The Bitcoin Web 3 community has been actively engaged in April, primarily due to Runes and Bitcoin’s BRC20 Ordinals. … Read more
Recently, there’s been a worrying development in the world of cryptocurrencies: over $26 million in Solana (SOL) has been misappropriated during the presales of meme coins on the Solana platform. This disturbing fact was brought to light by ZachXBT, an investigator in the crypto community, who revealed the significant financial losses suffered by investors. ZachXBT … Read more
Peter Schiff, known as a gold advocate, has criticized Bitcoin on social media again. This time, his concern is about its high transaction fees. According to Schiff’s observation, a Bitcoin transaction now costs an astonishing $128, making it less effective as a digital currency in the eyes of the market analyst. Shiff expressed that the … Read more
The FTX collapse saga takes an unexpected turn as Sam Bankman-Fried, once hailed as a crypto prodigy but now a convicted fraudster, consents to assist investors in their lawsuits against the company’s high-profile endorsers, including Tom Brady, Shaquille O’Neal, and Larry David. Surprisingly, Bankman-Fried’s decision to make this move occurs while he is still in … Read more
During the increasing buzz around the Ripple-SEC lawsuit, the XRP market becomes more active with whales making noticeable transactions. For instance, the transfer of 129 million XRP by major investors has piqued the interest of traders, sparking debates about how this may influence Ripple’s ongoing legal dispute. Let’s examine the latest whale behaviors and their … Read more
Presales allow investors to buy cryptocurrencies at deeply discounted prices, but choosing a venture that balances high risk and high profit can be challenging. This guide examines some of the best GameFi presales based on current trends. Read More 2024-04-22 09:34
Lately, there have been debates surrounding whether Justin Sun, a notable figure in the cryptocurrency world, holds a large quantity of Ethereum (ETH) following recent advancements. Justin Sun Wallet Shows Strong Ethereum Buying According to Lookonchain, a supplier of on-chain data, there have been noteworthy transactions in a wallet believed to belong to Sun, raising … Read more
A team of Bitcoin supporters from Switzerland, headed by Yves Bennaïm, have started a referendum process aiming to modify the Swiss constitution. If successful, this amendment would require the Swiss National Bank (SNB) to hold both gold and Bitcoin as part of its currency reserves, according to local news sources. The suggested modification to the … Read more
According to a recent post on the X social media platform by Shiba Inu developer Kaal Dhairya, Shibarium, Shiba Inu’s layer-2 solution, is currently experiencing an interruption in service. Dhairya explained that the outage was caused by networking issues amongst the validators. Currently, the network is functioning again according to the latest news report. Yet, … Read more
Known for his skepticism towards Bitcoin, Peter Schiff continues to criticize the cryptocurrency, particularly following the recent halving event. He points out what he believes are fundamental issues with Bitcoin serving as a digital currency. His main worry is the significant rise in transaction fees for Bitcoin, currently at around $128. Moreover, Schiff points out … Read more