The United States spot Bitcoin exchange-traded fund (ETF) market recorded a daily trading volume of $779.87 million on Monday. This marked a decrease in trading volume compared to previous records, with the lowest being $649.17 million and $692.11 million on February 5th and 6th, respectively. The recent data from SoSoValue revealed that there was an
Events
In a surprising turn of events, Cardano (ADA) has been dethroned from the coveted top 10 cryptocurrencies by market capitalization. Tron (TRX) has taken its place, signaling a notable shift in the crypto market landscape. The decision was based on data from CoinMarketCap, revealing that Cardano’s market capitalization had dwindled to around $12.3 billion, pushing
In a recent announcement, Binance, the leading cryptocurrency exchange in terms of trading volume, revealed that it successfully prevented over $2.4 billion in potential user losses from scams and frauds in the first seven months of 2024. The exchange reported that a significant portion of these averted losses, approximately $1.1 billion, were related to withdrawals
In a surprising turn of events, cat-themed meme coins have taken the cryptocurrency market by storm, leading a meme coin rally that has pushed the sector’s market capitalization above $40 billion. Notable performers in this sudden surge include Popcat (POPCAT), Mog Coin (MOG), and Cat in a Dogs World (MEW), all experiencing significant gains. POPCAT,
Samuel Edyme, also known by his nickname HIM-buktu, is a multifaceted individual excelling in various domains such as web3 content writing, journalism, and trading. His journey into the world of cryptocurrency was not a smooth sail as he initially fell victim to a Ponzi scheme that lured him in with promises of quick riches. Rather
Norway, a country with a population of nearly 5.5 million, has made significant investments for its citizens totaling around $1.7 trillion. A portion of these investments is held in Bitcoin stocks, and the government has recently increased its holdings in the cryptocurrency. In fact, Norway now indirectly owns 2,446 BTC through its investments in crypto
Samuel Edyme, known by the nickname HIM-buktu, is a multi-faceted individual in the world of web3 content writing, journalism, and trading. His diverse skill set allows him to navigate through different industries with ease. Despite starting his journey in the crypto space with a scam, Edyme didn’t let the setback deter him. Instead, he used
Confiction Labs, the developer of the popular shooter game Riftstorm, recently unveiled a new system called Proof of Exposure. This system is geared towards combating Web3 gaming bots by integrating NFT allowlist verification, a move aimed at addressing the growing issue of automated bot accounts disrupting the gaming experience for both developers and genuine players.
In a historic move, Crypto.com, the Singapore-based cryptocurrency exchange, has solidified a groundbreaking partnership with the prestigious Union of European Football Associations (UEFA) Champions League. This partnership marks a significant milestone as Crypto.com becomes the official global sponsor of the UEFA Champions League, setting a new standard in the world of sports sponsorships. This exclusive
Samuel Edyme, known by his nickname HIM-buktu, is a multi-talented individual who has made a name for himself in the world of cryptocurrency. As a web3 content writer, journalist, and aspiring trader, Edyme has proven himself to be a force to be reckoned with in the industry. His journey into the world of crypto was