Recently, Tokyo’s Metaplanet investment firm made headlines by acquiring an additional 57.273 BTC, worth approximately 500 million yen or $3.4 million. This move was strategically made amidst the current market lull to position the company for long-term growth. It is part of a larger strategy that was announced on August 8, where the firm disclosed
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In a surprising turn of events, Cardano (ADA) has been dethroned from the coveted top 10 cryptocurrencies by market capitalization. Tron (TRX) has taken its place, signaling a notable shift in the crypto market landscape. The decision was based on data from CoinMarketCap, revealing that Cardano’s market capitalization had dwindled to around $12.3 billion, pushing
The recent choppy consolidation in bitcoin’s price action has left many market players on edge. However, amidst this uncertainty, a certain group of holders is seemingly increasing their holdings. Bitcoin whales, specifically those holding between 100 and 1,000 BTC, have significantly boosted their holdings in the past six weeks. According to Santiment, this group of
Bright Star Studios, the creators of the highly anticipated MMORPG Ember Sword, recently made waves in the gaming community by announcing their transition from Immutable X to the Mantle Network. This bold move aims to revolutionize the gaming experience by leveraging Mantle’s cutting-edge technology. But what does this switch mean for the game, its players,
German authorities recently carried out a coordinated nationwide operation aimed at curbing unlicensed activities within the country’s rapidly expanding crypto market. The operation, spearheaded by the Federal Financial Supervisory Authority (BaFin), resulted in the confiscation of $28 million in cash and 13 crypto ATMs. This action underscores Germany’s commitment to mitigating the risks associated with
In a recent announcement, Binance, the leading cryptocurrency exchange in terms of trading volume, revealed that it successfully prevented over $2.4 billion in potential user losses from scams and frauds in the first seven months of 2024. The exchange reported that a significant portion of these averted losses, approximately $1.1 billion, were related to withdrawals
In a surprising turn of events, cat-themed meme coins have taken the cryptocurrency market by storm, leading a meme coin rally that has pushed the sector’s market capitalization above $40 billion. Notable performers in this sudden surge include Popcat (POPCAT), Mog Coin (MOG), and Cat in a Dogs World (MEW), all experiencing significant gains. POPCAT,
The legal saga of Shaquille O’Neal and the Astrals NFT project has taken an intriguing turn as a class action lawsuit unfolds. The lawsuit accuses Astrals of promoting unregistered securities, sparking a heated legal battle that has captured the attention of the NFT community. O’Neal’s Role in the Project Judge Federico Moreno of the U.S.
Samuel Edyme, also known by his nickname HIM-buktu, is a multifaceted individual excelling in various domains such as web3 content writing, journalism, and trading. His journey into the world of cryptocurrency was not a smooth sail as he initially fell victim to a Ponzi scheme that lured him in with promises of quick riches. Rather
The journey of ADA, the native token of Cardano, has been both fascinating and tumultuous. From reaching a peak of $3 in August 2021 to plummeting by over 90% in the years since, the rollercoaster ride of ADA has left investors and traders alike questioning its future trajectory. The activation of smart contracts on Cardano