Dipayan Mitra Journalist Posted: September 29, 2023 Share this article Two new wallets spent thousands of dollars to buy more than a trillion PEPE. Metrics and market indicators looked bullish on the memecoin. Pepe [PEPE] recently witnessed a major price drop, causing it to mark an exit from the list of the top 100 cryptos.
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LBank recently concluded its Launchpad for MetaExpand, securing a total investment of 52,186,338 USDT from 35,229 participants. $UMM will be listed on LBank and open for trading on September 29th at 6 AM(UTC). This event was highly anticipated, following the immense success of the previous $PINS Launchpad, which garnered a substantial total investment of 51,556,343
It is a significant step for Kraken’s expansion plans in the EU, as MiCA comes into force in 2024. Kraken has had its fair share of legal battles with the regulators across the U.S. and other countries. U.S.-based crypto exchange Kraken recently secured authorizations in two leading European countries – Spain and Ireland. In Spain,
Ethereum completed its transition into a proof-of-stake (PoS) mechanism on 15 September 2022. While ETH grew briefly at the beginning of the year, its price has trended downward since April. A year ago, leading Layer 1 (L1) blockchain Ethereum [ETH], transitioned from a proof-of-work (PoW) consensus mechanism to a proof-of-stake (PoS) mechanism. How much are 1,10,100
RUNE shed August gains as profit-taking activity intensified. Open Interest has fallen by over 35% in the last seven days. After several weeks of price rally and upward divergence from the rest of the market, THORChain [RUNE] has begun to fall, becoming the asset with the most significant drop in the last week, data from
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Polygon [MATIC] registered an uptick in its value when it reached nearly $5.5 two days back. However, it fell back to its previous level quickly. At press time, MATIC was trading at $0.5242. Read
Yusko believed that a spot Bitcoin ETF “will receive approval at some point around year-end.” Presently, a wave of ten active spot Bitcoin ETF applications are underway. Mark Yusko, the CEO and Chief Investment Officer of Morgan Creek Capital Management, recently shared an intriguing prediction about the future of Bitcoin [BTC] in a video interview
Wintermute moved 7.3 million Blur tokens to two exchanges. BLUR has lost over 2% in value after gaining almost 4% in the previous trading session. Wintermute has recently transferred a significant number of its Blur [BLUR] tokens to various cryptocurrency exchanges. How has this action affected the token’s performance, and what has been the recent
CoinEx has announced that customers could regain access to it on 21 September. The platform underwent a comprehensive overhaul of its wallet system. Hacked cryptocurrency exchange CoinEx is gearing up to resume deposits and withdrawals following a recent cyberattack that saw hackers make off with $70 million in digital assets. The exchange has announced that
Himalay Patel Journalist Posted: September 20, 2023 Share this article Coinbase’s forecasted revenue surge could rival Binance’s dominance. Base’s vibrant user engagement strengthened Coinbase’s competitive stance. Despite navigating a turbulent crypto market and grappling with regulatory obstacles over the past year, Coinbase appeared to be on the brink of experiencing remarkable growth in the foreseeable
As more players enter the cryptocurrency space, mining becomes more complex and requires more computing power. As a result, many people who used to mine cryptocurrencies using their own hardware are now finding it unsustainable due to high electricity bills and hardware wear and tear. Therefore, cloud mining has become an attractive option. What is
On 13 September, Hong Kong’s regulator warned JPEX was operating without regulatory approval Local police have received at least 83 complaints involving $4.3 million Since Hong Kong’s regulator issued a warning last week about JPEX operating without approval, the exchange has fallen into a state of disarray. After the arrest of an influencer associated with
Aniket Verma Journalist Posted: September 17, 2023 Share this article Hong Kong’s financial regulator earlier called out JPEX for operating in the region without approval. The central bank, HKMA, alerted that such businesses didn’t come under its purview. Hong Kong’s central bank Hong Kong Monetary Authority (HKMA) warned the public to be wary of crypto
Cuban suggested that the hackers might have been monitoring his activity, waiting for an opportune moment to strike. The wallet had remained inactive for approximately five months before this discovery. Billionaire entrepreneur and owner of the Dallas Mavericks basketball team, Mark Cuban, fell victim to a suspected hack that saw nearly $900,000 worth of cryptocurrency
Ethereum’s transactions and active users spiked to a record high. ETH was on a four-day consecutive price uptrend at press time, trading above $1,600. As per a 13 September post on X (formerly Twitter), the number of active Ethereum [ETH] users surged to over 1 million. How has this surge affected other important metrics? Read
As per on-chain data, the market was in a consolidation phase at the time of publication. Most holders have been realizing losses since last month’s market crash. Investor decisions, regardless of traditional finance or the crypto asset market, are driven by something as basic as profit and loss. Greed for further gains as markets rise
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