Over the past few months, Ethereum has failed to meet the expectations of traders, with its price showing a downward trend. The price of Ethereum has decreased by 23% in the last 30 days, leaving many investors disappointed. The launch of Spot Ethereum ETFs was supposed to bring a bullish surge, but that has not
admin
The upcoming Season 1 of MetalCore promises exciting changes and improvements to the gameplay experience. The introduction of the “Intro Mission” aims to provide both new and experienced players with a better understanding of the game’s mechanics and lore. Additionally, the addition of new mission types, such as PvP bounties and PvE raids, offers players
The Crypto Wealth Report 2024 by Henley & Partners has brought to light the increasing number of individuals holding over $1 million in digital assets. The data shows a significant surge of 95% to 172,300 millionaires in the crypto space. This growth is reflective of the expanding crypto market, which has reached a total value
The US Securities and Exchange Commission (SEC) has recently expressed concerns over the proposed repayment strategy in the ongoing FTX bankruptcy case. This plan, which involves repaying creditors through stablecoins or other digital assets, has raised red flags for the SEC, leading to potential legal challenges under federal securities laws. The SEC’s filing has added
In recent times, the cryptocurrency space has been plagued by a series of high-profile hacks that resulted in significant financial losses for investors and platform users. According to a recent report from PeckShield, the industry suffered a total loss of $313 million due to over ten different hacking incidents in the past month alone. What
Recent data from Bitbo, a BTC on-chain analysis platform, reveals a significant decline in revenue generation for bitcoin miners in August 2024. Compared to July, where mining activities brought in $927.35 million, August only saw $827 million, marking a more than 10% decrease. This decrease is even more dramatic when considering March 2024’s performance peak,
The recent outflows in digital asset investment products amounting to $305 million have been attributed to the release of stronger-than-expected economic data from the United States. This unexpected data has significantly reduced the likelihood of a 50-basis point interest rate cut, leading to a downturn in sentiment within the market. It is forecasted that as
OKX SG, a cryptocurrency exchange based in Singapore, has recently obtained a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). This license allows the exchange to operate without daily or monthly transaction limits, making it a highly sought-after accreditation in the country’s financial sector. The MPI license granted to OKX SG
The latest price actions of Bitcoin have not been favorable, with the asset dropping to a 2-week low of $57,100. This decline marks a significant setback for the cryptocurrency, especially after reaching a multi-week peak of over $65,100 just a week ago. The failure to sustain this positive momentum has led to a gradual loss
Yuga Labs, the company behind the Bored Ape Yacht Club, has announced a new initiative that could potentially drive further innovation within the company. The Workshop, a newly established division, is set to focus on creating emerging products under the leadership of CEO Greg Solano. This strategic move signifies a shift towards a more focused
