Genesis Capital, a crypto lender, has encountered objections from Digital Currency Group (DCG) concerning its bankruptcy plan. The crux of the issue lies in Genesis’ proposal to offer customers more than what is legally mandated. This move prompted DCG to take action, filing a motion on February 5, citing violations of the Bankruptcy Code. DCG […]
TRX Price Correction Looms Despite Positive Network Reports
Despite the positive inputs that TRON blockchain has received from recent industry reports, it is under risk of a price correction as per market indicators. As per crypto analyst Ali Martinez, the TD Sequential indicator on the TRX 3-day chart has shown a sell signal, which is indicative of an impending bearish trend that will […]
Cryptocurrency: Monero (XMR) Bleeding, Dymension (DYM) Poised To Rally After Binance Listing
The cryptocurrency market is sending mixed messages during US business hours on Tuesday. While major players like Bitcoin (BTC), Ethereum (ETH), XRP, and Cardano (ADA) are stuck in a holding pattern, some altcoins are facing different fates. Monero, for instance, is taking a hit after Binance, the biggest crypto exchange, announced it will delist XMR trading […]
SOL Outage: Fix Released For Validator Operators To Restart Network
Solana encountered a significant disruption resulting in the halt of block progression. The outage, reported via Solana’s System Status, disrupted the network’s operations, prompting immediate attention from stakeholders. Efforts to rectify the issue are currently underway, underscoring the urgency to restore normalcy to Solana’s functionality. The outage, as indicated on Solana’s system status post on […]
Binance Unveils Dymension (DYM) Listing, Will Price Rally?
In a hurricane of breakthroughs witnessed recently, Binance, the world’s leading cryptocurrency exchange, announced plans to list the Dymension (DYM) token starting February 6 at 15:00 UTC. As per Binance’s statement, the cryptocurrency exchange will list the DYM token with new spot trading pairs DYM/BTC, DYM/USDT, DYM/FDUSD, and DYM/TRY, amassing substantial attention globally. Meanwhile, Dymension, […]
Is Bitcoin Price Poised To Double In Value As Spot ETF Net Daily Inflow Leaps To $68M?
Bitcoin price is in the middle of an intense bear and bull tug-of-war resulting in consolidation between the narrow range low at $42,000 and range high at $44,000. The price also remains relatively unchanged over 24 hours, triggering concerns about how the stalemate will end. Trading at $42,800 during US trading hours, and with a […]
Chainlink vs. Solana: Which Altcoin is Worth Investment in 2024?
Cryptocurrency investors are always on the lookout for promising altcoins to buy in bull run for substantial returns on investment. In the ever-evolving landscape of digital assets, Solana and Chainlink bring unique value propositions to the table, but which one holds more potential for investment in 2024? Let’s delve into the details and explore the […]
Solana Down: What’s the Reason Behind Recurrent Outages
Solana Down: Solana engineers have released a new validator software release for validator operators to upgrade and restart of the Solana network after an outage for hours. All Solana-related activities including spot and derivatives trading, staking, and others have halted after Solana stopped processing blocks at 10:00 UTC on Tuesday. Solana Release Patch For Network […]
3 Low-Cost Ethereum Alternatives To Buy For 2024 Bull Run: SOL, DOT, AVAX
The year 2024 marks a significant phase for cryptocurrency investors, with a particular focus on Ethereum’s challengers: Solana (SOL), Polkadot (DOT), and Avalanche (AVAX). As the digital currency landscape evolves, these three platforms emerge as formidable competitors, offering distinctive features and advantages over Ethereum. Ethereum has been on a remarkable ascent, tracing its path within […]
Crypto Market Analysis For February 6: BTC, OM, HONK
Crypto Market Analysis: On Tuesday, the crypto market witnessed an insignificant gain of 0.07% in its market cap to currently stand at $1.65 Trillion. While the uptick allows cryptocurrency to stabilize at a higher level, the broader market sentiment is turning uncertain. This period of lateral trading has been distinct from the robust upward trend […]