The Ethereum Foundation, a non-profit organization, has recently made an unexpected move by initiating a sell-off of 1000 ETH to a single address named “Cumberland Forwarder.” This decision has sparked speculation and raised questions about the potential market peak for Ethereum. The transparency of the transactions was brought to light by the Blockchain analytics platform
Gains
The resurgence of meme coins has been undeniable, with Pepecoin leading the charge with an impressive monthly gain of +707%. However, despite hitting a new all-time high and dominating trending coin rankings on major exchanges, there are signs of caution in the current price action. Pepecoin is currently trading at $0.000000750, with a 24-hour change
Cardano has recently made waves in the cryptocurrency market, reaching a 2-year peak of $0.78 on Mar. 5. This surge in price has outperformed other altcoins, including Solana, in terms of weekly gains. As Bitcoin dominance wavers, investors have begun diversifying their portfolios, turning their attention to mega-cap Layer-1 altcoins like ADA. One of the
Crypto exchange Binance recently announced its decision to discontinue all services associated with the Nigerian local fiat currency, Naira (NGN). This move comes as a shock to Nigerian users who will no longer be able to access several NGN-related services on the platform. The exchange stated that NGN deposits have already ceased, and users have
Peter Schiff, founder of Euro Pacific Asset Management, is known for his skepticism towards cryptocurrency, specifically Bitcoin. Recently, amidst Bitcoin’s soaring price, Schiff issued a warning, labeling Bitcoin as the “ultimate asset bubble.” This cautionary statement came as Bitcoin breached the $61,500 mark, and continued to climb, exceeding $65,000 just four days later. Schiff’s main
Despite facing tough competition from Bitcoin and meme coins, XRP has seen a surge of 20% in a week. Analysts like Dark Defender and Alex Cobb have pointed out key technical indicators, such as MACD and Ichimoku, suggesting a possible uptick in XRP’s value. Dark Defender believes that XRP might break the $1 mark by
The recent surge in the value of Bitcoin has brought it closer to breaking its own record values. With a peak price of $68,800, Bitcoin has seen a remarkable increase of 6.6% in the daily timeframe and 20.6% in the weekly timeframe, according to data from Coingecko. The upsurge in investment in Bitcoin funds listed
The recent surge in prices of meme coins such as Shiba Inu (SHIB), Dogecoin (DOGE), Pepe (PEPE), and Dogwifhat (WIF) has caught the attention of many investors. These coins have experienced significant gains of 100-400% in the past seven days, as reported by CoinMarketCap. Market caps of PEPE and WIF have reached $3 billion and
Bitcoin has recently reached a new all-time high against the euro and the British pound, hitting the $65,000 price mark for the first time. This surge in value has been driven by a 7% increase in the past 24 hours, with BTC nearing 61,000 EUR for the first time in history. The last time Bitcoin
The Wall Street Journal’s investigative article shed light on the questionable financial practices employed by Tether, Bitfinex, and related companies. The majority stake of both Tether and the Bitfinex exchange is owned by iFinex, a corporation established in the Virgin Islands. The article claimed that the group of entities surrounding iFinex attempted to maintain their