Cryptocurrency

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…

In a bold forecast amidst the fluctuating tides of the cryptocurrency market, Ripple’s head honcho Brad Garlinghouse casts an optimistic future for the crypto realm, envisioning a staggering market cap expansion to $5 Trillion by the year 2024. Amidst the ongoing legal tussle with the SEC that sees XRP in a limbo, Garlinghouse’s projections come…

WS has ventured into the realm of cryptocurrency exchange-traded products (ETPs), unveiling two innovative strategies that mirror the performance of the leading cryptocurrencies, bitcoin and ethereum. These newly introduced Xtrackers Galaxy Bitcoin ETC Securities (XXBT) and Xtrackers Galaxy Ethereum ETC Securities (XETH) have made their debut on the Deutsche Boerse. They come with an attractive…

In a notable cryptocurrency event, Bitcoin Cash (BCH) witnessed its second halving on April 4, 2024, setting the stage just over two weeks before Bitcoin’s much-anticipated halving. This halving event slashed the mining rewards for BCH from 6.25 to 3.125 per mined block, a pivotal moment recorded at the 840,000th block. Leading up to this…

In the latest market movements, Bitcoin (BTC) witnessed a downward adjustment, finding its footing around the $66,000 mark, as market enthusiasts grappled with the resurgence of Treasury yields and the looming prospect of postponed Federal Reserve rate adjustments until later this year. Concurrently, Ether (ETH) hovered just above the $3,300 threshold, and the broader CoinDesk…

In a groundbreaking move, Hokkoku, a notable Japanese regional bank, has spearheaded the launch of ‘Tochika‘, the nation’s inaugural stablecoin underpinned by bank deposits. This innovative step is stirring discussions among cryptocurrency aficionados in Japan, sparking debates over its potential benefits and drawbacks, alongside the stablecoin’s practical utility. Unveiling ‘Tochika’: A Leap Towards Digital Currency…

In the labyrinth of digital finance, the allure of astronomical gains often eclipses the sobriety of investment wisdom. As we traverse the unpredictable terrain of April, certain meme cryptocurrencies beckon for a critical reassessment. The capricious charm of Dogecoin (DOGE-USD), the fickle fortunes of Bonk (BONK-USD), and the precarious pedestal of Pepe (PEPE-USD) signal a…

The cryptocurrency sphere is abuzz with anticipation as significant airdrops from Wormhole and Ethena Labs are poised to bolster the market by an impressive $2.4 billion in the upcoming week. Following closely, airdrops from DeFi innovator Kamino Finance and the pioneering real estate exchange platform Parcl, both leveraging Solana’s blockchain, are on the horizon. The…

In the digital finance realm, the early months of 2024 have brought a notable 23% reduction in financial damages from cyber-attacks and deceptive schemes compared to the previous year, reveals a detailed analysis by Immunefi, a leader in blockchain safeguarding, dated March 28. The comprehensive study outlines that the industry faced a downturn in monetary…

On the trading day of March 29th, Litecoin stood out as the top performer among the elite group of the top 20 cryptocurrencies, boasting a remarkable 12% gain within a swift 12-hour trading session. A dive into on-chain analytics reveals the catalysts propelling the impressive surge in Litecoin’s valuation and sheds light on how market…