In recent years, the cryptocurrency industry has witnessed the rise of niche asset classes during bull markets. From NFTs to meme coins, these unique digital assets have taken the market by storm. As the latest bull cycle seems to have already begun, with Bitcoin and other cryptocurrencies experiencing significant price increases, the question on everyone’s
Crypto
Bitcoin has recently experienced significant increases in price, surpassing $62,000 and causing speculation about the potential start of a major bull run. The cryptocurrency market has been abuzz with excitement as the price of Bitcoin continues to climb, surprising naysayers and thrilling enthusiasts. Despite the current price surge, there are several key factors and upcoming
The recent collaboration between Ilya Lichtenstein, infamous for looting millions of dollars from Bitfinex, and federal prosecutors sheds light on the underground world of cryptocurrency money laundering. Lichtenstein, who previously pleaded guilty to money laundering charges, is now aiding authorities in building a case against Bitcoin Fog, a popular crypto mixing service used by dark-web
Bitcoin’s recent surge to $64,000 has ignited concerns among traders and analysts as on-chain indicators start to signal a potential overheating of the market. According to a recent report from market intelligence firm CryptoQuant, indicators such as the rising unrealized profit margin for traders and the high cost of opening new long positions in perpetual
In the world of cryptocurrency, meme coins have recently dominated the headlines with staggering gains. While Bitcoin has experienced a slight setback, meme coins like Dogwifhat (WIF) have skyrocketed in value. The total crypto market cap has seen a minor decline on a daily scale, but over the past week, it has surged by over
Marathon Digital, a prominent Bitcoin mining company based in the United States, recently released its quarterly earnings report, surpassing analysts’ expectations by a significant margin. Despite this positive news, the company’s stock price experienced a temporary decline following the announcement. However, this dip is likely to be short-lived, considering Marathon Digital’s impressive financial performance and
MicroStrategy, founded by Michael Saylor, has become a business intelligence software giant and the largest corporate holder of Bitcoin. In recent weeks and months, the stock price of MSTR has experienced an unprecedented surge, outperforming the largest US stock market indexes by a significant margin. This remarkable growth can be attributed to the company’s substantial
In the year 2024, the Artificial Intelligence (AI) coins market has experienced a significant surge in performance, with returns from AI-related cryptocurrencies increasing by 76% since the beginning of the year. This remarkable growth has been fueled by the strong performance of AI tokens such as Worldcoin, Fetch.AI, and SingularityNET, which have seen notable gains
Gemini, the cryptocurrency exchange founded by Tyler and Cameron Winklevoss, has recently reached a settlement with the New York Department of Financial Services (NYDFS) to return over $1.1 billion to customers affected by the collapse of its Gemini Earn Program. This agreement also includes a $40 million contribution to Genesis Global Capital’s bankruptcy proceedings and
The partnership between Ripple and the Axelar Foundation is set to revolutionize the XRP Ledger ecosystem by boosting interoperability and advancing tokenization of real-world assets. This collaboration aims to strengthen the DeFi ecosystem within the XRP Ledger by providing essential liquidity for stablecoins and high-value assets. Leveraging the Axelar network with the XRPL will allow