Michael Saylor, the founder and ex-CEO of MicroStrategy and an avid Bitcoin supporter, recently shared a new Bitcoin-related update with his large following on social media platform X. This message provoked a mixed reaction from the cryptocurrency community. Saylor’s new “divine” Bitcoin message and Mandalorian post Michael Saylor shared an artificial intelligence-created picture of Bitcoin … Read more
The price of Bittorent, which is based on the open-source protocol TAO powering a decentralized network, experienced a notable decline in the past 24 hours. At first, there was a market uptick, pushing the value to an unprecedented peak of $733. Bittorent’s price surged above $700, demonstrating strong market performance. However, this upward trend did … Read more
On the XRP Ledger (XRPL), the mainnet now features a fresh amendment called “fixNFTokenReserve.” This is an important advancement for the decentralized blockchain. fixNFTokenReserve Scales Through At approximately 12:21 UTC on April 12, XRPScan, the leading XRPL explorer, reported that the activation of the fixNFTokenReserve amendment occurred. This update was incorporated in version 2.1.0. Much … Read more
In an intriguing development within the cryptocurrency world, Solana, a well-known layer 1 blockchain, has taken the lead in on-chain financial activity. This was evident as Solana’s total transaction fees soared by almost 400%. As a result, Solana outpaced BNB Chain and Tron in terms of transactional fees accumulated. Nevertheless, Ethereum continues to dominate the … Read more
The story of FTX’s cryptocurrency exchange collapse in November 2022 and the ensuing trial of its CEO, Sam Bankman-Fried, continues to astonish many due to the significant financial losses sustained. These losses pushed FTX to record lows not seen in a month. The failure of Terra’s algorithm stablecoin before FTX’s collapse amplified the market effects. … Read more
France has emerged as a leading player in the European cryptocurrency scene, strengthening its role as a major player within the European Union. The Circle Forum and Paris Blockchain Week highlighted France’s vibrant crypto industry, filled with innovative startups and enterprising entrepreneurs. The country boasts a thriving developer community, with many successful crypto businesspeople spurring … Read more
Shytoshi Kusama, the enigmatic figure within the Shiba Inu community, recently spoke out about the latest significant partnership initiated by SHIB. During the past week, members of the SHIB community have managed to destroy hundreds of millions of meme coins by burning them. Shytoshi Kusama’s important message The mysterious head of SHIB has spoken out … Read more
A mysterious transaction worth approximately $351 million in 5,000 Bitcoins has recently taken place, piquing the curiosity of those following the cryptocurrency market. The significant bitcoin transaction has piqued interest since the price stayed constant around $70,000 following its ups and downs throughout the week. According to the crypto data monitor Whale Alert, a transaction … Read more
Due to the recent increase in popularity of memecoins, experts and investors are devising plans for capitalizing on this trend and formulating strategies despite market instability. A memecoin investor publicly disclosed his trading tactics and provided a list of potential memecoins for interested users. A successful trader named Rekt Fencer, known for amassing fortunes by … Read more
According to sources familiar with the situation, Hong Kong is reportedly close to giving the green light for its first Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs). A final decision could be made as soon as Monday, Bloomberg reports. This development signifies Hong Kong’s significant role in the Asian cryptocurrency market and its determination … Read more