Ethereum stands as a decentralized blockchain platform driven by the Ether token, offering users a versatile range of capabilities. From facilitating transactions to playing games, engaging in cryptocurrency trading, storing nonfungible tokens (NFTs) earning interest through staking, and even participating in social media activities, the platform presents a comprehensive ecosystem. Many envision Ethereum as the […]
Crypto Market Recovery: Here’s Why Bitcoin, ETH, SOL, XRP Are Up Today
The crypto market saw a much-need recovery immediately after the options expiry, with the market cap rising to $1.62 trillion. Traders had ideal indicators and conditions, including a low put-call ratio, to buy Bitcoin and Ethereum, causing a shift rebound in BTC and ETH prices and persisting positive sentiment on Saturday. The Crypto Market Fear […]
Crypto Prices Today: Bitcoin Nears 42K, Pepe Coin Crashes 30%
The crypto prices today indicate at a reversal of losses since all large cap digital currencies are finally in the ‘green’. Moreover, Bitcoin (BTC), the largest crypto, has rebounded massively after it fell below $39,000 lately. In addition, Ethereum (ETH) and other altcoins witnessed significant price hikes as well. Major Crypto Prices Today Bitcoin’s value […]
Ben Armstrong Affirms HEX Is Not A Scam Amid SEC Suit, HEX Price Rebounds
HEX (HEX), an ERC-20 crypto launched by Richard Heart in 2019, has recently witnessed its price rebound from significant losses incurred this week. The reversal could have been spurred due to a strong statement by Ben Armstrong, better known as ‘BitBoy Crypto’. In his latest YouTube video, Armstrong deemed HEX as a legitimate project, marking […]
GBTC Outflows Hit Record Low as Bitcoin ETFs Witness Influx, BTC recovers
While Bitcoin’s value is on the path to recovery, the sell-off from Grayscale’s Bitcoin Trust (GBTC) is also showing a downtrend. Bloomberg analyst James Seyffart pointed out that it is the lowest outflow day for GBTC since day 1 of trading. On Friday, Day 11, the GBTC outflows came to $255.1 million, taking the cumulative […]
Bitcoin Revealed a Cautious Pre-Halving Tale With Dips And Recovery
Bitcoin has seen a resurgence above the $41,000 level, following a period of instability. On the back of industry outflows, BTC dipped below the $40,000 threshold on several occasions. The recovery of nearly 5% on Friday sets a cautious tone in the market, at least for the near term. This is because investors are expecting a […]
Taylor Swift’s Deepfake Photos Sparks New Call for AI Regulation
Deepfake but convincing explicit photos of pop singer Taylor Swift have surfaced on the internet, further underscoring the need for AI regulation. Urgent Need for AI Regulation Arises The unsavory images of Taylor Swift have been viewed multiple times on X and Telegram, prompting an outcry from politicians in the United States. One particular picture […]
Bitcoin ETF Approval Raises Regulatory Risks, Says CFTC Chair Behnam
Rostin Behnam, Chair of the Commodity Futures Trading Commission (CFTC), has expressed deep concerns regarding the recent approval of spot bitcoin exchange-traded funds (ETFs). This approval by the Securities and Exchange Commission (SEC) has led to an influx of trading activity, marking billions of dollars in transactions. However, Behnam warns of the inherent risks and […]
HashFlare Crypto Scammers Set for Extradition to US
The Estonian government has finally moved on with the extradition of the crypto scammers Ivan Turõgin and Sergei Potapenko to the United States. Crypto Scammers on the Rampage Ivan Turõgin and Sergei Potapenko are two crypto merchants who were accused of internet fraud which ran to the tune of $575 million per a report from […]
Is Bitcoin’s $42,000 Surge the Start of a Bullish Wave?
Bitcoin’s price has soared past the $42,000 mark, an event that has not been witnessed in over a week. This surge, marking a more than 5% increase in the past 24 hours, raises questions about the future trajectory of the world’s largest digital asset by market capitalization. However, at press time, BTC was trading at […]