As inflation continues to plague Argentina, more and more citizens are turning to Bitcoin as a safe haven for their assets. Recent data has shown a significant increase in Bitcoin purchases in the country, with the number of weekly transactions reaching a high of 34,700 in the first week of March. This surge in interest
The rise of meme coins in the cryptocurrency market has been nothing short of meteoric in recent weeks. These assets, known for their volatile nature, have seen triple-digit price increases, attracting a wave of eager investors looking to capitalize on the trend. The popularity of meme coins on social media platforms like X (formerly known
The decentralized finance ecosystem within the XRP community has recently seen significant progress with the implementation of automated market maker (AMM) functionality on the XRP Ledger (XRPL). This advancement has opened up new opportunities for users to participate in liquidity pools and engage in token swapping activities. According to XRPScan, the introduction of AMM features
The current state of the spot Bitcoin ETF market is rather gloomy, with a decline in Bitcoin’s price leading to negative netflows in these ETFs over the last four trading sessions. Grayscale’s GBTC outflows are at large levels, and there are record low inflows for other ETFs such as BlackRock’s IBIT and Fidelity’s FBTC. This
A disturbing trend has emerged within the Solana community, as unknown parties have capitalized on the platform’s token creation feature to introduce a plethora of memecoins laden with racist, antisemitic, and anti-China content. This exploitation of Solana’s capabilities has not only tarnished the reputation of the ecosystem but has also sparked outrage among members of
Super Sushi Samurai, a blockchain game set to launch on the layer-2 solution Blast, faced a major setback just hours before its release. The exploit, carried out by a white hat hacker, led to a loss of $4.6 million due to a bug in the smart contract code. The vulnerability allowed an unauthorized party to
The recent surge in the price of Shiba Inu has caught the attention of many investors looking to capitalize on the next big thing in the cryptocurrency market. With the price of the token consolidating near $0.26, not too far below its recent multi-year highs, investors are contemplating the potential for significant returns. However, as
The world of cryptocurrency is constantly evolving, with new projects emerging that push the boundaries of what is possible. One such project is 5thScape, the world’s first virtual and augmented reality cryptocurrency gaming ecosystem. Through its $5SCAPE token, investors gain access to an exclusive selection of VR games, educational resources, and blockbuster movies. 5thScape offers
Ever since March 20, Cardano’s price has been relatively stagnant, ranging from $0.61 to $0.64. This lack of movement is in stark contrast to other cryptocurrencies such as Solana (SOL) and Avalanche (AVAX), which have experienced significant price gains. The on-chain data trends point towards a bearish catalyst behind Cardano’s underperformance in the market. One
WisdomTree, a Bitcoin exchange-traded fund (ETF) issuer, has recently obtained regulatory approval from the New York State Department of Financial Services (DFS) to operate its digital asset business within the state. This approval came in the form of a charter that allows the company to function as a limited-purpose trust company under the New York