The cryptocurrency market has shown signs of recovery in the past 24 hours, with major digital assets such as Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) experiencing minor gains. Additionally, AI-related coins like Fetch.ai saw significant pumps, boosting investor confidence in these niche sectors within the crypto market. On the flip side, the price of
Crypto
NVIDIA, a company well-known on Wall Street, has recently taken the lead as the largest company in terms of market capitalization. With a stock price increase of approximately 3.5% in just 24 hours, NVIDIA has shown significant growth throughout 2024. Starting the year at $49.24, the stock has surged by 175%, closing at $135.58 in
Kraken’s Chief Security Officer, Nick Percoco, recently disclosed that a group of white-hat hackers has refused to return approximately $3 million in digital assets stolen from the exchange’s treasury. The hackers exploited a bug in Kraken’s system that allowed them to artificially inflate their balances on the platform. On June 9, a security researcher alerted
Reports reveal that Montenegrin Prime Minister Milojko Spajić made a significant investment in Terraform Labs back in April 2018, acquiring 750,000 Luna tokens for $75,000. This move positioned him as the 16th investor during the initial fundraising phase of the cryptocurrency project. Unfortunately, Terraform Labs’ cryptocurrency project failed in 2022, resulting in losses exceeding $40
XRP recently experienced a slight decline after surpassing the $0.50 mark, but it managed to recover its weekly losses and emerge as the only top cryptocurrency in the green. The surge in open interest among traders suggests that there is growing anticipation for a price increase in XRP. This heightened trading activity could indicate bullish
Recently, ex-convict Martin Shkreli made headlines once again, but this time in the cryptocurrency world. After spending time in prison for financial-related frauds, he took to an X space to publicly announce his involvement in creating the new Donald Trump-themed token DJT. Questions about the token’s legitimacy and accusations of insider trading have been circulating,
Recently, David Hirsh, who served as the Chief of the Crypto Asset and Cyber Unit at the Securities and Exchange Commission (SEC), announced his resignation. After spending nine years with the agency, Hirsh took to LinkedIn to express his gratitude to his colleagues, mentors, and friends for their support. He mentioned that securities enforcement is
Ripple’s XRP has shown resilience in the face of negative market conditions, with a 1% increase in price in the past 24 hours and a 3% increase over the week. This upward trend stands in contrast to the performance of other major cryptocurrencies such as Bitcoin, Ethereum, and Binance Coin, which have seen a dip
Bitcoin experienced significant volatility on Monday, with a sharp decline to a new monthly low of $64,000. Altcoins followed suit, with many experiencing massive drops, leading to 190,000 traders facing losses in a single day. After a quiet weekend hovering around $66,000, Bitcoin started the day lackluster but later gained momentum, reaching a peak of
Shiba Inu’s layer-2 scaling solution, Shibarium, has experienced a significant surge in one key indicator – the number of new accounts on the network exploded by over 860%. This surge, from just 16 to 154 within a day, indicates a rise in interest and potential growth for the protocol. The increase in new accounts could