Lucie, a self-proclaimed marketing guru, has emerged as a fervent advocate for the Shiba Inu community, taking to Twitter to uplift the morale of the SHIB enthusiasts. In a recent tweet, Lucie shares insights into SHIB’s market state. She notes SHIB’s current downturn due to its susceptibility to market fluctuations, a common trait among cryptocurrencies, […]
Ex-Goldman Sachs Executive Explains Bullish Crypto Thesis, Says Markets Will Likely Outperform Tech Stocks
Former Goldman Sachs executive and Real Vision CEO Raoul Pal is explaining his bullish stance on crypto assets. In a new Ask Me Anything (AMA) session on YouTube, the macro guru says blockchain gives users and investors a chance to own and operate pieces of a network, as opposed to other systems where most people […]
SEC Commissioners Peirce, Uyeda push back against SEC’s NFT enforcement action
SEC Commissioners Hester Peirce and Mark T. Uyeda have vocalized their disagreement over the Commission’s handling of its enforcement action against Impact Theory, marking the first enforcement action of the SEC against a non-fungible token (NFT). The concerns, articulated in a public statement, highlight the complexities surrounding the regulation of NFTs, a rapidly evolving asset […]
Bitcoin Miner Revenue Rapidly Falling, What Happens Next?
Bitcoin miners are churning less in revenue, looking at trackers on August 28. According to Hashrate Index data, a platform that tracks the correlation between hash rate and revenue accrued by miners over time, income generated from Bitcoin mining operations is at near record lows. Bitcoin Miner Revenue Declining At $0.059 per Tera Hash (TH) daily, […]
SEC Commissioners Peirce, Uyeda push back against SEC’s NFT enforcement action
SEC Commissioners Hester Peirce and Mark T. Uyeda have vocalized their disagreement over the Commission’s handling of its enforcement action against Impact Theory, marking the first enforcement action of the SEC against a non-fungible token (NFT). The concerns, articulated in a public statement, highlight the complexities surrounding the regulation of NFTs, a rapidly evolving asset […]
Friend.tech threatens to punish users if they use copycat apps
Friend.tech warned users who choose to jump ship to “forks and copies” will see their existing points forfeited.
Bitcoin Mining Complexity Hits Record High Despite Price Plunge
Following the BlackRock filing for a Bitcoin spot ETF that helped propel the market at the end of June, Bitcoin reached a YTD high just about $31,800 in mid-July. The August correction in crypto markets, which reversed the post SEC vs. Ripple court decision rally, can be partly attributed to the broader correction in risk […]
SUI and HBAR Slump Ahead of Latest Crypto Token Unlocks
Both protocols have seen their tokens drop more than ether in daily trading as the next unlocks inch closer. Token prices for Sui (SUI) and Hedera (HBAR) are falling as both projects face an increase in circulating supply later this week. Both have scheduled token unlocks, in which early investors and project team members prevented […]
Filecoin finds recovery elusive after hitting long-term support
FIL was stuck between a long-term support zone near $3.0 and an overhead hurdle near $3.8.
Ethereum Account Profitability Hits Lowest Point in 7 Months
Similar to the broader cryptocurrency market, Ethereum [ETH] has also been impacted by recent market instability. The altcoin’s endeavor to reach the $2,000 threshold was suddenly halted. Consequently, ETH has maintained a price range between $1,600 and $1,800. At present, ETH is trading at $1,640, reflecting a decline of 12.42% throughout August. As a result […]