The world of non-fungible tokens (NFTs) is undergoing seismic shifts, with Yuga Labs, a once-dominant player, making headlines once again. Recently, the company sold the intellectual property rights to the Moonbirds NFT collection to Orange Cap Games, a new entity in the crypto gaming landscape. This move, far from being trivial, marks Yuga Labs’ third
The cryptocurrency market has become a shadow of its once-dazzling self, hitting recent lows before demonstrating a slight rebound. Bitcoin, the prominent player in the digital assets arena, encountered a tumultuous drop to $103,000 over the past weekend, a price point that felt more like a mourning period for investors than a moment of trading
On June 3, IG Group became a trailblazer in the U.K. financial landscape by allowing retail investors to trade 38 different cryptocurrencies. This move places IG Group as the first London-listed broker to integrate spot tokens into its multi-asset platform, collaborating with Uphold, a digital-asset exchange. By leveraging Uphold’s custody and execution services, IG Group
Cardano has hit a staggering benchmark, exceeding 110 million transactions and showcasing a level of user adoption that many blockchain networks can only dream of. This achievement doesn’t just reflect sheer numbers; it underscores a growing community committed to utilizing and expanding the blockchain’s potential. With over 22 billion ADA tokens currently staked in nearly
In recent weeks, Bitcoin has seen a significant shift in its valuation, originating from its euphoric all-time high surpassing $111,000 in May. Many observers—myself included—predicted this downturn, a phenomenon driven largely by profit-taking and heightened volatility. While the drop may be concerning to some, it is essential to dissect the nuances behind these fluctuations rather
In an era when nations are wrestling with the consequences of energy shortages and economic instability, Pakistan’s recent decision to allocate 2,000 megawatts of its power supply to Bitcoin mining stands out as both audacious and baffling. The International Monetary Fund (IMF) has made it abundantly clear that it has serious reservations about this scheme.
Cardano (ADA) has recently experienced a catastrophic downturn, with its price plummeting below critical support levels for the first time since its spring peak. The currency is currently trading at around $0.65, representing a staggering 50% drop from its November 2024 high. Such significant losses over a span of mere weeks indicate an alarming trend
In the modern landscape of digital finance, few are as adept at navigating the complexities of cryptocurrency as Semilore Faleti. Over two years, he has carved out a niche in crypto journalism that both simplifies and elucidates the intricacies of this rapidly evolving domain. The importance of having knowledgeable voices in such a turbulent field
Bitcoin has become synonymous with volatility, yet its recent price fluctuations mark another tumultuous chapter in the ongoing saga of digital currency. After plummeting to a disheartening low of just above $104,000, its weekly performance remains shockingly in the red. The stark reality is that while Bitcoin managed to touch the dizzy heights of nearly
Bitcoin, the cryptocurrency that has fascinated investors and skeptics alike, recently faced a tumultuous collapse at the pivotal $111K mark. This price point, once considered a beacon of hope for the bullish community, transformed into a formidable barrier, resulting in what can only be described as a bearish rejection. The psychology of trading often plays