Bitcoin has encountered a brief setback during an otherwise explosive bull run that has lasted throughout November. Following an astounding surge, Bitcoin’s price skyrocketed from approximately $68,000 to a new all-time high surpassing $100,000 within just 30 days. This sudden shift in momentum can be seen as a natural breathing period for this cryptocurrency, as
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In recent times, the cryptocurrency landscape has been marred by an alarming increase in sophisticated scams. Criminals are becoming increasingly adept at utilizing social engineering tactics to deceive victims into compromising their financial security. The latest trend involves impostors masquerading as renowned influencers on platforms like X (Twitter) to exploit the trust established by these
Bitcoin (BTC) has once again captured the limelight in the financial world as its price experienced significant fluctuations this month. After a rapid surge beyond the critical $100,000 mark, achieving a new all-time high of over $103,500 on December 5, the cryptocurrency has exhibited notable volatility. Following this peak, BTC faced a correction that pushed
In a recent announcement, Binance, the largest cryptocurrency exchange by trading volume, has revealed its decision to delist several trading pairs, including the increasingly popular PEPE token. The delisting will take effect on December 13 and includes pairs such as PEPE/TUSD, DCR/BTC, and ZEN/ETH. Binance’s approach to the periodic review of trading pairs is primarily
In the realm of cryptocurrency, Bitcoin’s price movements often resemble a turbulent rollercoaster, and yesterday’s trading did not disappoint. After encountering a series of sharp fluctuations, Bitcoin managed to stabilize around the $98,000 mark—an impressive feat but still short of its recent attempts to breach the formidable $100,000 threshold. Despite this recovery, the overall altcoin
Toncoin (TON) has shown resilience following a robust November, propelling the cryptocurrency into a bullish phase this past week. However, this upward trend has been met with notable resistance as investor sentiment has soured, leading to a critical assessment of wallet profitability among holders. Recent metrics reveal a significant shift in market dynamics, particularly regarding
In October 2024, Radiant Capital found itself embroiled in a security crisis that shook the decentralized finance (DeFi) community: a staggering $50 million hack. The perpetrators, reportedly linked to North Korea, executed their operation with a sophisticated blend of social engineering and malware dissemination. This incident ignited concerns about the vulnerability of DeFi platforms and
In an exciting turn of events for the digital finance sector, Singapore-based trading platform Crypto.com has entered a significant partnership with Deutsche Bank, a leading financial services firm based in Germany. This partnership marks a strategic move designed to elevate banking services for users across select regions. Initially, the collaboration will serve customers in Singapore,
As the cryptocurrency industry continues to expand rapidly, it faces an intricate web of regulatory challenges that could significantly impact its growth. One prominent voice advocating for a more approachable regulatory framework is Hester Peirce, a Commissioner at the U.S. Securities and Exchange Commission (SEC). Her recent comments, made during a Fox Business interview, underscore
The cryptocurrency landscape is once again undergoing a significant downturn, a phenomenon that has become all too familiar to traders and investors alike. Bitcoin recently fell below the $95,000 threshold for the second time in the span of just a few days, marking a notable shift in investor sentiment. This decline is not an isolated