This week brought heightened volatility to the cryptocurrency market, fueled by the approaching Bitcoin Halving event. The market showed signs of recovery early in the week, but those gains were short-lived as Bitcoin’s price dipped to a low of $65,133 on Friday. In the midst of this slide, Ethereum reached a swing low support at … Read more
Mihailo Bjelic, one of Polygon (MATIC)’s co-founders, and Vitalik Buterin, co-founder of Ethereum (ETH), seem to have differing views on whether Verkle Trees should be implemented in Ethereum. Bjelic expresses his opposition to this idea, while Buterin appears open to the discussion. Is Verkle Tree Needed For Ethereum? On X app, the two-person disagreement arose, … Read more
With the Bitcoin (BTC) halving event approaching in the near future, there’s been a flurry of analysis from cryptocurrency experts regarding its possible effects on the digital currency market. The majority of these predictions suggest positive outcomes, but some may raise concerns for miners. “Many will suffer”: Charles Edwards on Bitcoin (BTC) halving In general, … Read more
QCP Capital has highlighted the unexpected cause behind the massive sell-off in risk assets during the night: Iran’s threat of retaliation against Israel. This geopolitical tension created a ripple effect throughout the financial markets, instilling fear and uncertainty among investors. As a result, they quickly sold off their riskier investments. Additionally, the imbalance in Ethereum … Read more
The cost of Solana (SOL) has dropped significantly in the last 24 hours, reflecting a bearish trend. This decline has caused SOL to breach several previous support lines. At present, the cryptocurrency is being traded below $170, suggesting a descending triangle pattern that points to strong selling pressure. The price of Solana is presently at … Read more
During a period of substantial selling off and liquidations in the larger crypto market, XRP, the seventh largest cryptocurrency in terms of market value, experienced a remarkable increase of 156% in trading activity. Based on information from CoinMarketCap, the trading volume for XRP jumped by 156% over the past 24 hours, reaching a total of … Read more
In Vietnam, cryptocurrencies function under a distinct regulatory system with no explicit prohibitions but lacking a clear legal framework. This regulatory gap poses substantial risks, primarily concerning money laundering and unlawful acquisition. However, despite its ambiguous status, cryptocurrency transactions persist, emphasizing the importance of establishing definitive regulations to safeguard investors and maintain financial honesty. In … Read more
KuCoin, a globally renowned CEX, appears to have become the latest victim of a cyber attack, as its Turkey X account was compromised on Saturday, April 13. Following the malicious attack, hackers used the KuCoin Turkey account on X to post false announcements in a move to lure more victims. However, the false post on … Read more
On Friday, April 12, the cryptocurrency market took a sudden nose dive, causing Bitcoin‘s price and the value of other major assets to plummet sharply. For the past few days, Bitcoin had been hovering around the $67,000 mark with little movement. However, it dropped below this level for the first time in over a week. … Read more
Using the latest feature, XRP Ledger users can now access decentralized lending directly through their on-chain accounts, bypassing intermediaries and enjoying uncensored transactions. XRP Ledger on-chain lending protocol introduced by Aanchal Malhotra and Vito Tumas Yesterday, April 12, 2024, a new idea called XLS-66d or “XRP Ledger-Native Lending Protocol,” was shared on GitHub by RippleX … Read more