Recently, the value of cryptocurrencies took a sharp turn downward. The total market capitalization of all cryptos dropped by around 8%. This slide in prices occurred at the same time that data from Bitcoin Liquidation Heatmap indicated the possibility of a massive short liquidation for Bitcoin, worth approximately $1.43 billion, if the price of Bitcoin … Read more
The discussion between Mihailo Bjelic, co-founder of Polygon, and Vitalik Buterin regarding Ethereum (ETH) and its ideal data storage has gained attention in the crypto world. This debate was initiated when Bjelic raised a query on social media, asking if developers are absolutely certain that Ethereum should be transitioned to Verkle trees instead of focusing … Read more
In the closely followed legal dispute between Ripple Labs and the US Securities and Exchange Commission, a recent judgment from the Second Circuit Court of Appeals might considerably undermine the SEC’s argument and fortify Ripple’s defense. In the SEC vs. Govil lawsuit, it was claimed that Aron Govil and his business, Cemtrex, had deceived investors … Read more
Meme coins are experiencing a decline at the moment, particularly as the upcoming Bitcoin halving approaches next week. This short-term loss has caused investors to feel apprehensive. The prices of meme coins like Dogewifhat (WIF), Pepe (PEPE), Coq Inu (COQ), BOOK OF MEME (BOME), Degen (DEGEN), and Toshi (TOSHI) have seen substantial declines. This downward … Read more
Starting next week, EigenLayer by Eigen Labs will do away with all limitations on Liquid Staking Tokens (LSTs) and allow for the resumption of deposits for restaking. This latest development from EigenLayer, the pioneering restaking protocol on the Ethereum blockchain, adds to their impressive string of innovations, solidifying their position as a leading crypto project … Read more
David Schwartz, Ripple‘s CTO, shared his thoughts on the latest proposition for a native lending protocol on XRP Ledger. His perspective holds significant weight as he was among the team that initially developed this digital ledger system. Ripple CTO excited about lending protocol prospect Schwartz endorsed the proposition put forth by developers Aanchal Malhotra, who … Read more
The price of Bitcoin (BTC) dropped significantly to $65,000 in recent days, causing uncertainty among investors due to numerous sell-offs in the market. However, BitBoy Crypto, who is also known as Ben Armstrong, stayed positive about Bitcoin’s future direction. In a message on X, he encouraged his supporters not to worry, as Bitcoin is still … Read more
Famous investor Peter Brandt has generated buzz in the world of cryptocurrencies by making an unexpected remark about the comparison between the XRP and Bitcoin charts. Brandt made an unexpected and mysterious comment, predicting that the XRP/BTC graph would take a turn towards a significant downward trend, leaving investors and analysts perplexed and wondering what … Read more
The cryptocurrency market is undergoing a harsh examination due to bearish conditions, resulting in nearly $1 billion being wiped out collectively. Notably, Shiba Inu (SHIB) has been affected significantly, with over $3.63 million in SHIB positions being liquidated according to CoinGlass data. This equates to approximately 14.8 trillion SHIB tokens being liquidated during this period. … Read more
With a impressive market value of $107.3 billion, Tether has firmly established itself as the leading digital dollar in numerous emerging markets. The large market value underscores the extensive adoption and faith in Tether as a dependable stablecoin. Notably, Tether’s CEO, Paolo Ardoino, announced plans to invest $500 million in Bitcoin mining. This investment marks … Read more