Cryptocurrency

In an unexpected twist in the cryptocurrency sector, Bitcoin and Ethereum have seen remarkable capital movements totaling $226 million this past week. Bitcoin faced the larger impact, with $192 million moving away from its market, while Ethereum followed with a net loss of $34 million—its sixth consecutive week of declines. Notably, even positions betting against…

In a landmark decision, the US Department of Justice has secured a conviction against Avi Eisenberg for orchestrating a complex manipulation scheme that shuttered the decentralized crypto exchange Mango Markets. The jury found Eisenberg guilty on all counts, including commodities fraud, market manipulation, and wire fraud. Scheduled for sentencing on July 29, Eisenberg faces up…

Believe it or not, the history of e-wallets can actually be traced as far back as 1997, when Coca-Cola introduced a payment system that utilized SMS services. This industry has advanced in leaps and bounds ever since. Modern e-wallets now offer a host of innovative features that would have been all but impossible to envision…

In light of recent market dynamics, Markus Thielen, a prominent analyst known for his accurate forecast of Bitcoin’s surge, is now predicting a downturn for Bitcoin and broader risk assets, according to a CoinDesk report on Tuesday. Thielen, leading 10X Research, has issued a warning about a likely significant market downturn triggered by persistent inflation…

The forthcoming Bitcoin ‘halving’ event, a programmed reduction in mining rewards, is poised to reshape the economic landscape for cryptocurrency miners. On April 20, the reward for Bitcoin mining will halve from 900 to 450 Bitcoins daily. Given the current valuation of Bitcoin, this adjustment is projected to decrease annual revenues by approximately $10 billion…

The cryptocurrency market experienced a sharp decline today as a substantial volume of long bets were offloaded, affecting major cryptocurrencies. Bitcoin, Ethereum, Solana, among others, saw their prices drop significantly due to the selling of long positions. Significant cryptocurrencies like Bitcoin and Ethereum experienced notable losses today. As of the latest data from CoinGecko, Bitcoin’s…

In the world of cryptocurrencies, a seismic shift is anticipated with the forthcoming Bitcoin (BTC) halving event slated for April 19. This event, historically, has not just influenced Bitcoin but has also acted as a springboard for altcoins, propelling them into significant rallies. Data from past halving occurrences highlight a marked reduction in Bitcoin’s market…

Bitcoin’s resurgence is painting the crypto landscape in bullish hues, propelling its value towards the $72,000 mark, a feat observed after a period of stagnant trading. Current insights from CoinMarketCap reveal that Bitcoin, the titan of cryptocurrencies, is inching closer to surpassing its March peak of $73,737 by approximately 3.4%, heralding an optimistic outlook for…

Matt Luongo, a notable figure in the Bitcoin community, shared a compelling narrative that spotlighted his journey towards embracing Bitcoin’s practical applications. His story began with an unexpected challenge: a mortgage lender’s skepticism over using Bitcoin for a real estate purchase. “It felt almost illicit, discussing the use of the world’s most robust currency to…

As the excitement around Doge Day gains momentum, the crypto community is abuzz with speculation: Can Dogecoin (DOGE) outshine Octoblock (OCTO) and Ethereum (ETH) as a long-term investment gem? Ethereum’s Price Trajectory Recently, Ethereum witnessed a dip following a rally towards the $4,000 benchmark. The ETH/USD pairing shows a turbulent trend, often hitting the $3,600…