BitMEX is currently investigating an unusual incident involving a user who was selling large orders on its Bitcoin spot market. This rogue seller unloaded more than 400 BTC on the exchange, causing the price of Bitcoin to crash by 87% to as low as $8900. While this event did not impact BitMEX’s derivative markets or
NodeMonkes, a prominent NFT collection within the realm of Bitcoin, has experienced a remarkable surge in market capitalization, surpassing the well-known Bored Ape Yacht Club (BAYC) by over 50% in just 24 hours. CoinGecko data reveals a significant 53.3% increase in NodeMonkes’ floor price, propelling it to become the second-largest NFT collection in terms of
The cryptocurrency market is currently experiencing a significant downturn, with Bitcoin’s price plummeting by roughly $10,000 since its peak last Thursday when it reached nearly $74,000. This decline has also had a ripple effect on alternative coins, causing heavy losses across the board. The total crypto market cap has dropped to under $2.5 trillion, down
Colony, developed by Parallel Studios, is not your average crypto game. With its innovative use of AI and blockchain technology, Colony is setting itself apart from the rest. The game introduces AI-powered agents that have the ability to learn continuously, developing unique personalities and worldviews. This level of sophistication in AI integration is pushing the
In the midst of a lackluster performance by XRP in the cryptocurrency market, investors are turning their attention to a new ICO called 5thScape. This fresh project is gaining traction as investors seek an opportunity for a potential return of 1,000% on their investment. While XRP has remained relatively stagnant, other major cryptocurrencies like Bitcoin
Cryptocurrency exchange OKX recently made waves in the European market by announcing the delisting of Tether (USDT) pairs in favor of USDC and Euro-based stablecoin pairs. This move, which was communicated to customers in a message on March 18, comes hot on the heels of the EU’s release of draft technical standards related to stablecoins.
Recently, US Securities and Exchange Commission (SEC) Chair Gary Gensler has spoken out against the deceptive practice known as “AI washing” within the financial sector. Gensler condemned the abuse of artificial intelligence and highlighted that such activities could potentially violate securities laws. This warning comes in response to lawsuits and regulatory actions taken by the
The recent surge in the price of SHARK token has caught the attention of many investors. With a staggering +124,948% increase, it is no surprise that traders are scrambling to get a piece of the action. However, a closer look at the price trends reveals a different story. Despite the initial hype and impressive gains,
Scotty the AI, a new addition to the crypto world of tokens, has been causing quite a stir with its upcoming launch on the Uniswap decentralized exchange. With a unique combination of popular meme coin and AI elements, Scotty the AI has already raised an impressive $10.8 million in just two weeks. The overwhelming demand
In a groundbreaking turn of events in the realm of digital art, a new record was established with the sale of an Ethereum-based Non-Fungible Token (NFT) featuring the famous Dogwifhat meme. The staggering amount of $4.3 million worth of ETH was exchanged for this coveted digital collectible, setting a new milestone in the NFT market.