Grayscale is currently under intense fire from members of the community for what many considered its single-handed impact in dragging the market down recently. According to Bitcoin advocate Nic Carter, Grayscale’s Bitcoin ETF product GBTC is best considered “a gigantic wrecking ball of toxic waste.” Grayscale Investment’s GBTC Underperforming Following the SEC’s approval of eleven […]

The top crypto prices today registered a mixed action as the Bitcoin (BTC) price surged past the $66,000 level. In contrast, the Ethereum (ETH) price declined and distanced from the $3,200 mark. Moreover, other top altcoins, such as XRP, and Solana (SOL) rebounded notably while Cardano (ADA) dipped slightly. Major Crypto Prices Today 1. Bitcoin […]

Beleaguered crypto exchange Mt. Gox could start repayments in Bitcoin to some creditors soon, as per sources on Reddit. While Mt. Gox delayed repayments by another year to October 2024, some creditors who had already provided the required details are expected to receive BTC repayment through the next two months. Mt. Gox Bitcoin Repayment Creditors […]

Binance, once dominating the landscape of global Bitcoin trading, is now witnessing a decline in its market share outside the US, according to insights from research firm Kaiko. This shift comes amidst a series of challenges facing the exchange, including the cessation of fee promotions and legal entanglements. As a result, competitors like Bybit and […]

Shiba Inu Price Prediction: SHIB’s price has recently experienced a modest decline, as observed in the latest market activities. At present, SHIB is valued at $0.000008559, which represents a decrease of 6% in the past day. This trend suggests an uptick in sell orders. Despite this dip, the current phase is characterized by increased SHIB […]

Cat-themed and Solana memecoins recorded inflows in the last 48 hours based on positive Bitcoin halving momentum and a reversal of the previous downtrend. This uphill movement is seen as some assets have spiked above 100% this week although some posted outflows.  Solana memecoins dominated narratives in Q1 2024 as memecoins went into a frenzy. […]

Amid the prevailing market downturn, BNB, the native token of leading cryptocurrency exchange Binance, has demonstrated remarkable resilience, consistently holding strong above the crucial $285 support level. As previously highlighted by Coingape, the Binance price is currently exhibiting a bullish flag formation on its daily chart, a development that suggests a potential for buyers to […]

Hong Kong’s financial regulator has flagged the activities of two virtual assets platforms for suspected fraudulent activities. In a recent release, the Securities and Futures Commission (SFC) warned users about the operations of companies trading under the names “CBEX Group” and “Bitget Pro”.  “The Securities and Futures Commission (SFC) today warns the public of entities […]

Decentralized Physical Infrastructure Networks (DePIN) is the central spotlight in the ever-evolving Web3 space. It is emerging as a revolutionary trend shaping the future. What is DePIN? Briefly describing, DePIN is also known as Proof of Physical Work (PoPw), Token Incentivized Physical Networks (TIPIN), or EdgeFi. It differs from Proof-of-Work (PoW) by encompassing the “real-world […]

Worldcoin, a pioneering digital identity project, has unveiled plans to significantly increase the supply of its native token, WLD, by as much as 19% over the next six months. This strategic move involves private sales to institutional trading firms operating outside the United States, orchestrated by World Assets Ltd., a subsidiary of the Worldcoin Foundation. […]