The crypto market has been experiencing a lackluster period accompanied by a significant decline in whale activity across major crypto assets. According to recent analysis, both Bitcoin and Ethereum are witnessing drops in transactions valued at over $100k. For instance, during the period from March 13th to 19th, Bitcoin recorded 115.1k transactions exceeding $100k each.
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The Open Network (TON) and its native token have faced yet another challenge as the price of TON plummeted by over 90% in a matter of minutes on CoinMarketCap. The sudden crash saw TON’s value drop from $5.2 to around $0.3, marking a significant 94% decrease. This drastic plunge caught many investors off guard and
The Binance CEO, Richard Teng, expressed his strong disapproval of the Nigerian government’s treatment of Tigran Gambaryan, an American executive who has been detained since February. Teng took to X on September 3 to denounce the inhumane treatment of Gambaryan and called for his immediate release to seek medical treatment and reunite with his family.
Recently, crypto analyst known as the ‘Titan of Crypto’ shared with his 90,000 followers on Twitter an interesting technical pattern that has caught the attention of many in the cryptocurrency community. This pattern involves a golden cross forming between the 100-day moving average and the longer-term 200-day moving average. Unlike the typical golden cross, which
MetalCore Season 1 is set to bring about significant changes in gameplay, aimed at enhancing the overall experience for both new and seasoned players. One of the key additions is the introduction of the “Intro Mission,” designed to provide players with a more refined understanding of the game’s mechanics and lore. This feature is especially
The price action of Ethereum has been disappointing to traders recently, as it has not met their expectations. Ethereum is currently experiencing a downward trend, with its price decreasing by 23% over the past month. This decline has dashed the hopes of many ETH investors who were expecting a bullish surge after the launch of
The latest Crypto Wealth Report 2024 by Henley & Partners has revealed some staggering numbers in the world of digital assets. The report indicates that the number of individuals holding over $1 million in digital assets has surged by 95% to 172,300. This significant increase comes at a time when the overall crypto market has
The recent filing by the US Securities and Exchange Commission (SEC) expressing concerns over the proposed repayment strategy in the ongoing FTX bankruptcy case has sparked controversy within the industry. The plan, which involves repaying creditors through stablecoins or other digital assets, has raised questions about the legality of such transactions under federal securities laws.
The cryptocurrency industry is facing a rising threat of hacks and security breaches, with recent reports showing significant losses amounting to millions of dollars. Last month alone, the sector experienced over $313 million in losses due to more than ten different hacking incidents. This highlights the growing vulnerabilities within the crypto space, putting investors and
Bitcoin (BTC) miners experienced a significant decrease in revenue generation in the month of August, marking their worst performance in nearly a year. Data from Bitbo, an on-chain analysis platform, reveals that BTC mining activities only secured $827 million in revenue, a staggering 10% drop from the previous month’s $927.35 million. This decline is even