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
The cryptocurrency market is showing red on the charts, with a 7.54% decrease in market cap to $2.44 trillion, amidst Bitcoin halving excitement. Despite the market’s trading volume hitting $137.29 billion, marking a remarkable 74.54% surge in the last 24 hours, the market’s general direction continues to be negative The decline has impacted top cryptocurrencies … Read more
Recently, the total value of all cryptocurrencies in the world dropped by 6.79%. Consequently, many digital currencies experienced significant losses. Nevertheless, some lucky cryptocurrencies managed to defy this trend and saw their values soar, becoming the new leaders in crypto price growth. Despite a decrease in market capitalization, the value has experienced a significant jump … Read more
In the midst of the unpredictable cryptocurrency market, Lucie, Shiba Inu‘s market leader, offers reassurance to her community. While concerns over falling prices in the digital asset industry are widespread, Lucie’s positive comments have brought a sense of optimism to SHIB investors. Let’s examine the possible causes, as suggested by Lucie, for the recent stock … Read more
In simpler terms, Whale Alert, a well-known blockchain investigator, has reported through multiple tweets that large DOGE holders (referred to as “whales”) have been actively moving significant quantities of Dogecoin over the last 24 hours. Approximately 600 million Dogecoins were taken out of Robinhood’s trading platform. This occurred during Dogecoin’s astonishing 19% price drop, leading … Read more
In simpler terms, Bitcoin and other cryptocurrencies have experienced significant downturns within the past day, leading to over $900 million in losses through liquidations. The value of Ethereum (ETH) has dropped by a large margin, reaching approximately $3,250. Ethereum Whale Action Large investors or institutions in the Ethereum market, referred to as whales, have recently … Read more
The cryptocurrency market experienced a significant drop, causing the total market capitalization to fall by approximately 8%, down to $2.38 trillion. Consequently, there was a loss of around $250 billion in market value during this recent selling frenzy. The price of Bitcoin dropped from $70,978 to $65,254 for several reasons. These included options expiry, historical … Read more
More dramatically, U.S. politicians have strongly criticized the Biden Administration following Huawei’s introduction of a new laptop with Intel-powered AI chips. This reaction stems from the fact that Huawei was added to the U.S. trade restriction list in 2019 due to allegations of violating Iran sanctions, an action intended to limit China’s technological advancements. US … Read more
Billy Markus, also known as “Shibetoshi Nakamoto” on X social media, humorously and sarcastically contributes to discussions about the cryptocurrency world. He was a co-creator of Dogecoin in 2013. On Fridays, the crypto market saw a downturn, causing DOGE to drop more than 19%. Amidst this, Markus made an intriguing remark about the current situation … Read more
Australian authorities have reportedly dismissed billionaire Andrew Forrest’s legal action against Meta over cryptocurrency fraud ads featuring his likeness on Facebook. This news is disappointing for Forrest, who is determined to make Meta accountable for the alleged permissiveness towards scam promoters using his image. Australian Authorities Throw Out Forrest’s Case Due To Insufficient Evidence In … Read more