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
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Bitcoin’s brief foray over the $100,000 mark ended dramatically, as the cryptocurrency plummeted below this threshold within a mere 24 hours. This swift decline of 14% showcases the volatile nature of the crypto market, particularly driven by actions from long-term holders (LTHs) who seized the chance to take profits. Such behavior underscores a recurring theme
The cryptocurrency landscape has been marked by volatility and regulatory scrutiny, making it a battleground for policy and innovation. In a recent and bold move, Tyler Winklevoss, co-founder of the Gemini exchange, aligned his firm’s policies with those of Coinbase, instituting a significant ethical stance against the hiring practices of law firms associated with the
The cryptocurrency market has recently faced turbulence, particularly regarding Bitcoin’s ability to maintain its position above the critical threshold of $100,000. This downturn has sparked concerns among investors, igniting debates about the longevity of Bitcoin’s previous bullish trajectory. However, it is essential to dissect these fears and analyze the market’s technical indicators to ascertain the
Ethereum’s recent price fluctuations highlight a critical juncture in its trading trajectory, especially as it encounters persistent challenges with the $4,000 resistance level. Following a decline of about 3% that took the Ethereum price to approximately $3,850 on Monday, analysts and traders are cautiously eyeing the trend. This dip comes during a pivotal week for
As December ushers in holiday cheer, it also brings anticipation among Bitcoin investors. Traditionally, this month tends to coincide with upward trends in equities and cryptocurrencies, making it an opportune time for enthusiasts to consider purchases. This article will delve into the key factors that could influence Bitcoin’s price trajectory as we head toward the
The burgeoning cryptocurrency market in India has recently found itself under a glaring spotlight following the announcement of a significant case of tax evasion involving multiple cryptocurrency exchanges. With substantial sums of money involved, the probe initiated by the Goods and Services Tax (GST) authorities points towards systemic issues within the crypto regulation framework in
In November, the BNB Chain witnessed an unprecedented spike in Sandwich attacks, with a staggering 35.5% of its blocks being compromised. This alarming statistic reveals a troubling escalation in the prevalence of such malicious activities on blockchain networks. Sandwich attacks, a form of front-running technique associated with Miner Extractable Value (MEV), have emerged as a
The Pudgy Penguins NFT project is making significant strides in the cryptocurrency space with the upcoming launch of its own token, Pengu, expected later this year. Announced in a post on X, the new cryptocurrency will leverage the Solana blockchain and will have a staggering total supply of 88,888,888,888 tokens. This venture represents an exciting
In recent days, the cryptocurrency market has been characterized by unprecedented volatility, with Bitcoin exhibiting extreme price fluctuations. Starting the week at a staggering peak of $102,000, Bitcoin’s trajectory quickly took a downturn, highlighting the unpredictable nature of digital currencies. After experiencing a strong rise that took it past the psychological $100,000 barrier, Bitcoin’s momentum