As cryptocurrency gains traction globally, it has inadvertently also attracted a concerning spike in fraudulent activities. Among these nefarious schemes is a manipulation tactic that has come to be known as “share-seed-phrase.” Recently, the CEO of Binance, Richard Teng, took to social media to raise awareness about this alarming trend, which exploits the trust and
In recent predictions made by analysts from the market intelligence firm CryptoQuant, an intriguing correlation has emerged regarding Bitcoin (BTC) trading patterns: the anticipated ‘sell in May’ effect. This concept, which has its roots in traditional stock market behavior, posits that investors often see greater returns from their investments between November and April. Against this
The cryptocurrency community eagerly anticipates the resumption of financial activity as FTX begins the long-overdue process of repaying its creditors. After enduring a protracted period of bankruptcy and economic stagnation, February 18 marks a significant milestone. With small creditors gaining the first wave of repayments, the financial ramifications of this move could resonate throughout the
In an ambitious move, the Department of Government Efficiency (DOGE) – spearheaded by Elon Musk – is now focusing its scrutiny on the U.S. Securities and Exchange Commission (SEC) as part of its broader initiative to pinpoint inefficiencies and unethical practices within government bodies. Launched with the aim of reducing governmental waste, the DOGE is
Ethereum, the second-largest cryptocurrency by market capitalization, finds itself at a critical juncture. Currently grappling with significant selling pressure, ETH’s struggle to reclaim the $2,800 price point illustrates a precarious situation for investors. The recent price movements have sparked worries within the investment community, as rising volatility complicates decision-making processes. Many investors, while attempting to
In recent weeks, the cryptocurrency world has been rocked by the emergence of the LIBRA token, which gained notoriety due to its endorsement by Argentine President Javier Milei. The backlash against this highly publicized meme coin has drawn sharp criticism from industry insiders, notably Alon Cohen, the co-founder of the meme coin creation platform Pump.fun.
The Hyper Foundation has made a noteworthy progression in the decentralized finance (DeFi) sector by launching HyperEVM, a pioneering layer integrated into its existing protocol, Hyperliquid. By adding general-purpose programmability, HyperEVM aims to significantly enhance the capabilities of the Hyperliquid ecosystem. This innovation not only positions the Hyperliquid platform as a formidable player in DeFi
In an effort to bolster the integrity and professionalism of the burgeoning crypto-market, the European Securities and Markets Authority (ESMA) has initiated a public consultation aimed at establishing stringent guidelines for the qualifications of those providing crypto-asset services. Launched on February 17, this consultation aligns with the upcoming Markets in Crypto-Assets Regulation (MiCA), which is
Ethereum, one of the leading cryptocurrencies in the market today, is poised for a significant resurgence as analysts point toward promising technical indicators and market sentiments. Recent projections suggest that ETH could potentially surge to $3,300 within the span of just a week. Such forecasts originate amidst a backdrop of volatility and price corrections, which
In the ever-evolving landscape of cryptocurrency trading, XRP has recently emerged as a frontrunner, outpacing other digital assets on US exchanges. A recent report from Kaiko reveals remarkable increases in XRP trading volumes since November, particularly after its re-listing on several major platforms following a significant legal victory for its parent company, Ripple Labs. This