The highly anticipated sale of Taproot Wizards’ Bitcoin Ordinals NFTs did not go as planned. Technical glitches led to a delay in the sale, causing frustration among eager users. Despite the setback, Taproot Wizards remains a promising project in the world of NFTs on Bitcoin. Taproot Wizards’ debut sale of around 3,000 digital cats was
Crypto analyst and long-term crypto investor Jelle has made an intriguing observation regarding Bitcoin’s performance in February. According to Jelle, there seems to be a historical pattern where February turns out to be a bullish month for Bitcoin after a bearish January. This finding comes as a relief for BTC investors who may have experienced
In the fast-paced world of cryptocurrency, the SPX token has recently experienced an astronomical surge of +26,568%, making it a hot topic among investors. This impressive price pump aligns with the current trend of explosive moves seen in various Solana meme coins such as ‘2024,’ ‘SOLAREUM,’ ‘Joe on SOL,’ ‘BINK,’ ‘BONG,’ ‘MUSK,’ ‘FLUB,’ ‘PUMA,’ ‘HOPPY,’
The United States Financial Industry Regulatory Authority (FINRA) has recently come forward with some alarming statistics regarding the state of communication within the cryptocurrency industry. According to a report released by FINRA, approximately 70% of retail communications related to cryptocurrencies are in violation of its rule against misleading claims. This finding raises concerns about the
In the fast-growing world of non-fungible tokens (NFTs), one of the biggest challenges is the fragmentation caused by different blockchain networks. Each network has its own rules and processes, making it overwhelming for creators and collectors to manage their digital assets across multiple chains. This fragmentation leads to confusion, reduced liquidity, and limited connectivity in
The year 2024 has been a rollercoaster ride for Bitcoin so far. From the SEC’s approval of spot Bitcoin ETFs to the cryptocurrency’s recent price underperformance and selloffs from the Grayscale BTC Trust, there have been several significant events. However, amidst all the chaos, on-chain data has revealed an interesting pattern of strategic accumulation among
The security and blockchain auditing firm, CertiK, which is renowned for its comprehensive approach to securing digital assets and decentralized technologies, has found itself becoming a victim of scams and exploitation. Despite its expertise in detecting and preventing security breaches, scammers have managed to leverage the CertiK brand to spread misinformation and defraud unsuspecting users.
Bitcoin, the flagship cryptocurrency, recently experienced a surge in its price, surpassing $42,000 after trading below $40,000 for several days. This market recovery can be attributed to various factors, including recent revelations about the US economy. In this article, we will delve into the different elements that influenced this surge and explore the potential implications
The Chairman of the Commodity Futures Trading Commission (CFTC), Rostin Behnam, recently delivered a speech in Naples, shedding light on the need for increased regulatory efforts in the cryptocurrency industry. While the approval of Bitcoin ETFs may have given the impression of regulation, Behnam expressed significant concerns regarding the current state of cryptocurrency and digital
The Ethereum (ETH) market is currently bracing itself for a potential sell-off worth a staggering $1 billion. This monumental transaction is the result of actions taken by Celsius, a crypto lender that recently filed for bankruptcy. On-chain analyst Lookonchain has reported that Celsius initiated the transfer of 459,561 ETH, which is estimated to be valued