Bitcoin’s recent ascent past the $100,000 mark was met with significant enthusiasm, only to be followed by a swift and steep decline. Within just 24 hours, the cryptocurrency experienced a dramatic 14% correction, showcasing the inherent volatility that characterizes digital currencies. This drop highlights how quickly market sentiment can shift, especially with long-term holders (LTHs)
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The realm of tap-to-earn gaming has encountered a critical downturn in user interaction and loyalty, despite the overall upward trajectory of blockchain gaming. Games that once boasted extravagant user bases, such as Hamster Kombat and Catizen, are now grappling with alarming departures. From August to early November, Hamster Kombat’s user count sank from an impressive
In recent months, Amazon has faced growing calls from its shareholders to consider the integration of Bitcoin into its financial strategy. The push for this recommendation highlights a broader trend among large corporations looking to digital assets as a safeguard against inflation and market volatility. With Bitcoin being the most recognized cryptocurrency, its potential inclusion
Ethereum has recently captured the financial world’s attention as it approaches a significant price milestone of $4,100, hitting a yearly high of $4,096. This remarkable achievement, surpassing its previous high in March by a mere $3, shines a spotlight on the potential resurgence of the second-largest cryptocurrency, a position it steadfastly maintains in the volatile
The Australian Transaction Reports and Analysis Centre (AUSTRAC) is ramping up its efforts to regulate Anti-Money Laundering and Counter-Terrorist Financing (AML/CTF) practices among cryptocurrency ATM providers. As of December 6, 2023, the agency has become increasingly concerned with the misuse of crypto ATMs for illegal activities such as money laundering. This scrutiny arises amid revelations
Semilore Faleti, a name resonating through the corridors of cryptocurrency journalism, has carved a niche for himself in an industry that can often seem complex and intimidating to many. His journey began in a more general writing landscape, exploring a variety of subjects before he fell into the captivating world of digital currencies—a realm characterized
On December 9, 2024, Cardano, a leading player in the cryptocurrency realm, faced a crisis fueled by misinformation. While it was announced that trading for its native token, ADA, would cease on all platforms, this communication stemmed from a hack rather than any legitimate decision made by the Cardano Foundation. Incidents like this highlight the
Bitcoin has recently struggled to maintain its position above the psychologically significant $100,000 mark, inciting a wave of concerns among investors that its prolonged bull run may be nearing its conclusion. However, these apprehensions may be unwarranted, as the cryptocurrency has exhibited resilience despite some fluctuations. Currently, Bitcoin is resting near this critical resistance level,
In the ever-evolving landscape of cryptocurrency regulation, the recent moves by Tyler Winklevoss, co-founder of the Gemini crypto exchange, signal a significant shift in how industry players are willing to respond to perceived injustices. By announcing that Gemini will mirror Coinbase’s decision to sever connections with law firms that employ former officials of the U.S.
The upcoming decision by the U.S. Senate Banking Committee regarding the renomination of Caroline Crenshaw as a commissioner of the Securities and Exchange Commission (SEC) elicits significant attention across the financial and crypto communities. With her clear stance against cryptocurrencies, particularly demonstrated through her opposition to spot Bitcoin exchange-traded funds (ETFs), Crenshaw’s future role at