The cryptocurrency market is a dynamic space, constantly evolving with fluctuations that indicate user engagement and activity across various platforms. A recent analysis conducted by the market intelligence firm IntoTheBlock provides insightful observations on daily active addresses for several significant digital assets. By examining these metrics, we can derive a clearer picture of how user
Crypto
In the ever-dynamic world of cryptocurrencies, Bitcoin has recently shown signs of resilience, especially in response to the latest US inflation data. The cryptocurrency surged past $66,500, marking a significant milestone not witnessed in nearly two months. Although it experienced a slight retracement afterward, this positive movement reflects the broader market dynamics and the intricate
The recent surge in Bitcoin prices has caught the attention of traders and investors alike, especially as it crosses crucial resistance levels. Bitcoin’s climb past the $64,000 mark represents a significant psychological barrier that could set the stage for approaching all-time highs. Analysts have pointed out that the cryptocurrency’s movement with respect to key indicators,
The battle against cybercrime has gained new momentum as U.S. authorities have taken decisive actions against two Russian nationals, Sergey Sergeevich Ivanov and Timur Shakhmametov. They are charged with orchestrating a cryptocurrency money laundering operation, symptomatic of a larger trend tied to Russian cybercriminal activities. This crackdown reflects the increasing concern among U.S. officials regarding
In recent months, the intersection of cryptocurrency and politics has gained unprecedented attention, especially with the upcoming elections and the fluctuating stance of various candidates regarding digital assets. A notable incident involved the digital asset advocacy group, Stand With Crypto, which found itself in hot water over its assessment of Vice President Kamala Harris’s support
Ethereum, one of the leading platforms in the cryptocurrency universe, has regained attention thanks to a recent report by Coinshares. This report unpacks the fundamental dimensions that define Ethereum’s current role and utilization within the crypto space. Central to its influence are two major components: decentralized marketplaces and stablecoins. While these elements have firmly established
Shiba Inu (SHIB) has recently catapulted into the spotlight, experiencing a remarkable price increase of approximately 35% within just a week. This sudden surge has pushed its market capitalization beyond the $11.5 billion mark, solidifying its position as the 14th-largest cryptocurrency by market cap and the second-largest meme coin, following in the footsteps of the
Roman Storm, co-founder of the controversial crypto mixing service Tornado Cash, finds himself at the center of a significant legal battle as he prepares for an upcoming trial in New York on December 2. Accused of serious offenses, including conspiracy to commit money laundering and operating an unlicensed money-transmitting business, Storm’s case raises profound questions
In a significant development for the cryptocurrency community, a Singapore court has issued a four-month moratorium for the Indian exchange WazirX, allowing it to regain some semblance of stability following a severe hack that resulted in the loss of $234 million. This incident shook the trust of approximately 45% of WazirX’s customers, highlighting the vulnerabilities
Chainlink’s native token, LINK, has recently experienced a notable price surge, a development that can largely be attributed to heightened on-chain activity and the growing confidence of investors in the platform. A comprehensive analysis from blockchain intelligence firm Santiment points to favorable technical indicators that not only suggest a forthcoming price increase but also hint