As summer began in June 2024, the Bitcoin price has experienced significant bearish trends, following the historical pattern of summers being weak for the cryptocurrency. The price of Bitcoin plummeted from over $70,000 to below $50,000 at one point during this period. However, a crypto analyst named Crypto Jelle has pointed out striking similarities between
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The Future Forward USA PAC, which supports Vice President Kamala Harris’ presidential campaign, has recently made headlines by accepting cryptocurrency donations through Coinbase Commerce. This move signifies a shift in the way political campaigns are funded and could potentially have a lasting impact on future elections. Initially, there was some confusion surrounding comments made by
Robinhood’s crypto division has recently agreed to pay a hefty fine of $3.9 million as a settlement in response to a California investigation into its past practices. The California Attorney General, Rob Bonta, revealed that the investigation was initiated due to Robinhood Crypto’s actions of preventing users from withdrawing their digital assets between 2018 and
Samuel Edyme, known by his nickname HIM-buktu, is a multifaceted individual in the world of web3 content writing, journalism, and trading. His background is a mixture of triumphs and setbacks, with a unique journey that sets him apart from the rest of the crowd. Initially pulled into the world of crypto through a Ponzi scheme,
X Empire, previously known as Musk Empire Game, is a tap-to-earn crypto game on Telegram that offers players the opportunity to earn rewards through virtual mining. The game has cleverly integrated Elon Musk’s persona, embodying his futuristic and ambitious qualities. Musk’s impact reaches into the game’s tokenomics, as the $XEMP token reflects the forward-thinking philosophy
The recent charges brought forth by the U.S. Securities and Exchange Commission against Galois Capital, a crypto-focused advisory firm, have shed light on the importance of proper custody of client assets in the crypto space. The SEC found that Galois failed to ensure that the crypto held for the private fund it was advising was
Recently, WazirX announced that it has initiated the second phase of its fiat currency withdrawal process ahead of the previously scheduled date of Sept. 9. This move comes in the aftermath of a major security breach that resulted in the theft of over $230 million in user assets. CEO Nishal Shetty shared the update on
Bitcoin’s price dipped below $56,000, signaling a continuing downtrend in the market. The possibility of the cryptocurrency dropping even further to $50,000 was suggested by Arthur Hayes, the co-founder and former CEO of BitMEX. Hayes’ bearish prediction is based on various macroeconomic factors, including the actions of the Federal Reserve and dynamics in the US
Recently, Cardano went through a significant update known as the Chang hardfork. This upgrade brought about several key changes to the blockchain, such as on-chain voting, Delegate Representatives, improved smart contract capabilities, and a new governance structure with cost model enhancements. Despite these advancements, Cardano has experienced a decrease in price, with ADA trading at
Ripple has recently expanded its University Blockchain Research Initiative (UBRI) program to South Korea through a partnership with Yonsei University. This collaboration marks the 58th global partnership for Ripple, with 12 of them located in the Asia Pacific region. Yonsei University will be focusing its research efforts on blockchain technology, specifically in areas such as