While the recent correction in the cryptocurrency market has caused prices of various digital assets like Bitcoin and Ethereum to hit multi-month lows, XRP has managed to show resilience. Despite briefly dropping below $0.50, XRP has actually seen a 3% increase over the past two weeks based on CoinGecko’s data. This has led to analysts
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The recent surge in Bitcoin price above $62,000 has led to a shift in investors’ position and sentiment, according to on-chain analytics site Santiment. Traders on the Binance platform are reportedly moving from liquidated shorts to long positions after the price increase. While this change may signify renewed optimism in the premier cryptocurrency, Santiment has
Bitcoin’s recent price fluctuations have been nothing short of dramatic, with prices swinging wildly from a high of almost $65,000 to a low of $56,500 within a matter of days. This volatility was fueled by a mix of market speculation and external factors, such as the US Federal Reserve’s decision on interest rates. While Bitcoin
Eigenlayer, the leading project in Ethereum Restaking, is gearing up to launch its airdrop for collection on May 10th. BingX Exchange, a well-known crypto exchange, will be listing Eigenlayer’s token $EIGEN for trading immediately after the airdrop. The Significance of Eigenlayer in 2024 Eigenlayer has emerged as the most substantial Restaking project on Ethereum in
Rep. Maxine Waters has put forth the suggestion that Ms. Kristin Johnson, who currently serves as a Commissioner of the US Commodity Futures Trading Commission (CFTC), be nominated for the position of Assistant Secretary for Financial Institutions at the US Department of Treasury. Waters highlighted Johnson’s expertise in financial regulation and her dedication to maintaining
In a recent Town Hall meeting at Otherside, it was revealed that Yuga Labs has formed a strategic partnership with Improbable, a renowned technology company specializing in virtual world infrastructure. This partnership will result in Otherside being migrated to Improbable’s MSquared network, sparking considerable enthusiasm within the community. As a metaverse, Otherside offers a shared
Coinbase recently announced a staggering revenue of $1.64 billion in the first quarter, surpassing the initially expected $1.34 billion. This remarkable surge in revenue coincided with a robust Bitcoin rally that has made a significant impact on the entire crypto market. The company’s earnings per share were reported at $4.40, well above the average analyst
The recent market-wide crash in the cryptocurrency space has caused Bitcoin’s price to trend below $60,000, triggering a 20% decline. This significant drop has exposed multiple critical support levels for Bitcoin, raising concerns about the future direction of the cryptocurrency. Crypto analyst Norok has emphasized the importance of the $51,800 support level for Bitcoin in
The recent market crash in the cryptocurrency world has seen some interesting movements among various coins. One of the notable performers in the last 24 hours is Dogecoin ($DOGE), which has managed to rise 7% amidst the chaos. However, this rise comes after a 12% decline from the previous week, making Dogecoin one of the
In the fast-paced world of Web3, innovation and creativity are key drivers of success. One of the industry pioneers leading the way is Imaginary Ones, a blockchain-based platform that is reshaping the landscape of art, storytelling, and community engagement. With their recent milestone of 2 million downloads for their mobile game Bubble Rangers, Imaginary Ones