Dalmas Ngetich, a seasoned crypto reporter, has made a significant impact on the crypto industry with his unique perspective and expertise. With a specialization in NFTs, blockchain, DeFi, and blockchain news for NewsBTC, Dalmas stands out in the field. His background in mechanical engineering and over a decade of experience in journalism has equipped him
Cardano (ADA) has been facing a noticeable decrease in value over the past week, especially with the recent drop below the $0.41 mark. This decline is not isolated to ADA alone, as many other altcoins have also been reacting negatively to the significant decrease in Ethereum’s price within the last 24 hours. The recent downtrend
Recently, there has been a surge in activity among Ethereum whales in the market. These large investors have been actively accumulating Ethereum, the second-largest cryptocurrency by market cap, despite a downward trend in its price. This article will delve into the on-chain data surrounding Ethereum whales’ activities and analyze the potential implications for the price
In a surprising turn of events, a Bitcoin mining device known as Bitaxe, with a modest hashrate of 500 gigahashes per second (Gh/s), managed to successfully mine a block on July 24. This remarkable feat earned the lucky miner a substantial reward of $206,000 in Bitcoin. The device, produced by D-Central Technologies, is surprisingly compact,
Ordlify, a no-code platform tailored for developing Bitcoin Ordinals collections, has recently announced its partnership with Magic Eden, a leading cross-chain NFT marketplace. This collaboration aims to enhance the overall experience for creators and collectors alike within the Bitcoin Ordinals ecosystem. By leveraging the Ordlify Creator Studio, artists and creators can now seamlessly design, manage,
Two prominent crypto companies, Coinbase and Revolut, recently found themselves on opposite ends of the spectrum when it came to dealing with the UK authorities. The UK’s Financial Conduct Authority (FCA) imposed a fine of £3.5 million ($4.5 million) on CB Payments Limited (CBPL), a subsidiary of Coinbase Group, for violations related to Anti-Money Laundering
Getting started with OKX Racer is a breeze. To begin, users must first register on the OKX exchange. Once registration is complete, users can easily connect their account with OKX to unlock exciting features and rewards. The user-friendly interface of the OKX Racer mini-app allows newcomers to navigate the platform effortlessly and start predicting Bitcoin
The legal battle between Ripple and the United States Securities and Exchange Commission (SEC) has been ongoing for quite some time now. With the trial phase starting in April 2024, the case has seen both parties presenting necessary information and documents, adhering to court rules, and waiting for a resolution. Despite being in its final
The second day of trading for the spot Ethereum ETFs painted a different picture compared to the initial excitement. More than $133 million were withdrawn from the largest financial vehicles, causing a ripple effect in the market. The price of the underlying asset, Ethereum, reacted with a significant drop of 10% in just one day.
The crypto industry has been facing various challenges under the current administration, as discussed by Andreessen Horowitz founders Ben Horowitz and Marc Andreessen. They openly criticized the Biden-Harris Administration’s handling of the cryptocurrency sector, pointing out regulatory hurdles that are hindering innovation and growth. The lack of clear guidance from the Securities and Exchange Commission