Toncoin recently made waves in the cryptocurrency market by surpassing Cardano in terms of market capitalization. According to CoinMarketCap data, Toncoin (TON) reached a market capitalization of $23.1 billion, edging out Cardano’s $21.5 billion. This shift in ranking among the top 10 largest cryptocurrencies highlights the rapid growth of TON in recent times. One of
As the countdown to Bitcoin’s halving event continues, investors are eagerly awaiting the potential market impact. Top cryptocurrency expert and trader Benjamin Cowen has raised a red flag by highlighting a trend that could lead to a significant decline in BTC’s price post-halving. Cowen suggests that if Bitcoin follows a previous pattern, there may be
Immutable, the blockchain gaming company, has recently announced the launch of their newest expansion pack called Dread Awakening. This expansion features a crossover between Gods Unchained and Guild of Guardians, two highly popular blockchain games in the gaming industry. The release of Dread Awakening is set for 23rd April and promises to introduce 148 new
In his recent comments on the Ethereum vs. Bitcoin chart, Peter Brandt has shifted his stance from previously criticizing Ethereum as a “junk coin” to offering more positive insights into its market developments. Despite his prior derogatory remarks towards Ethereum and its proponents, Brandt’s analysis of the Ethereum-to-BTC chart now suggests a potential bear trap,
The recent developments in the case of the detained Binance executive, Tigran Gambaryan, have raised significant concerns and generated public interest. The Nigerian High Court in Abuja has taken a strict stance by ordering Gambaryan to be remanded in prison until his bail hearing on April 18, following his not guilty plea to money laundering
Recently, cryptocurrency analyst Michael Van De Poppe made waves with his prediction that Bitcoin could reach $300,000 in the current bull cycle. This forecast comes at a time when Bitcoin has been consolidating around the $73,000 mark, unable to sustain further growth. However, Poppe remains optimistic about Bitcoin’s short-term prospects, especially with the upcoming Bitcoin
A cryptocurrency investor who goes by the username “Sell When Over” on X recently reported a staggering loss of $800,000. The investor initially noticed a loss of $500,000 from various wallet applications and suspected that they had fallen victim to a cyber attack through their Google Chrome browser. The user raised the alarm on X,
In today’s volatile cryptocurrency market, Solana meme coins are making significant gains, with SLOTH being the latest standout. While Bitcoin and Ethereum have seen modest increases of 4% and 7%, respectively, Solana’s value has only risen by 1.7% in the last 24 hours. Despite this, meme coins on the Solana network like DogWifHat, Bonk, BOOK
Recently, the Swedish tax authority, Skatteverket, made a significant ruling regarding the Value-Added Tax (VAT) treatment of NFTs. The decision was a response to the growing economic importance and interest in NFTs in the digital realm. According to the ruling, the standard 25 percent tax rate applies to NFTs related to digital works. The ruling
In the first quarter of 2024, Ethereum and its Layer 2 scaling solution, Polygon, emerged as the top contenders in terms of attracting new users within the blockchain space. A recent report by Flipside highlighted the significant growth in user adoption for these platforms compared to other EVM chains. This analysis sheds light on the