Coinbase, a leading cryptocurrency exchange platform, recently made headlines with its announcement of a $1 billion bond offering aimed at fueling its growth and expansion strategies. The move involves issuing unsecured convertible senior notes that are due to mature in 2030. This offering provides investors with the opportunity to convert their holdings into Coinbase shares
Tether, a leading stablecoin issuer, recently partnered with the US Department of Justice and the FBI to seize $1.4 million USDT linked to a tech support scam network. This fraudulent scheme specifically targeted vulnerable elderly individuals through deceptive pop-up advertisements. Victims were led to believe that their devices had been compromised and sought help from
Bitcoin’s recent rally to a new all-time high above $70,000 has caught the attention of analysts and experts who are closely monitoring its trajectory. According to Rekt Capital, historical patterns suggest that Bitcoin typically reaches its peak within a range of 518-546 days after its halving event. However, the current cycle seems to be exhibiting
In the fast-paced world of cryptocurrency, a new player has emerged that is turning heads and generating buzz among analysts of smaller market cap projects. Scotty the AI (SCOTTY) is a unique blockchain security coin that is combining the cultural appeal of meme coin projects like Dogecoin and Shiba Inu with the added utility of
In the past 24 hours, Litecoin (LTC) has experienced a modest 1% gain in its price, rising to $96.44. This increase also reflects a 21% surge over the past week and a substantial 33% jump in the last 30 days. Despite these positive gains, LTC’s price appreciation over the past year sits at only 40%,
The recent reports of the Nigerian government obtaining a court warrant to detain Binance officials have raised concerns about the treatment of foreign executives in the country. The officials were reportedly held in Abuja without access to their passports for at least twelve days. This incident has sparked a debate on the transparency and fairness
Ethereum (ETH) has experienced significant price growth in recent weeks, surpassing the $4,000 level for the first time since December 2021. This surge has been fueled by a variety of factors, including favorable market indicators and upcoming network upgrades. Analysts and key indicators are optimistic about ETH’s future performance, with some predicting that the cryptocurrency
Near Protocol has seen a significant increase of 3% in the past 24 hours, reaching $7.18 and marking a remarkable 63% gain in just one week. With a staggering 127% increase over the last 30 days, Near Protocol has outperformed many other major tokens in the market. The altcoin’s chart appears to be bullish, with
The recent surge in Bitcoin prices has captured the attention of investors worldwide. In a recent interview, Matt Hougan, Chief Investment Officer of Bitwise Asset Management, discussed the growing interest in spot Bitcoin Exchange-Traded Funds (ETFs). Following the launch of 10 new spot Bitcoin ETFs, including Bitwise’s own BITB, approximately $20 billion flooded into the
Cardano (ADA) is currently experiencing a wave of optimism despite facing some recent challenges. Despite a 5% decrease in its price over the past week, ADA remains resilient and is currently priced at $0.75. With a 24-hour trading volume of $1.14 billion and a market capitalization of $24 billion, ADA continues to demonstrate a strong