The native token for Ethereum Layer 2 scaling solution Optimism (OP) has experienced a 4% decrease in the last 24 hours. The current price of Optimism stands at $2.39, marking a 1% decline in the past hour. Over a seven-day period, the token has dropped by 3.7%, although it remains 7.2% more valuable than it
Investments
Ethereum (ETH), the second-largest crypto token by market cap, has finally shown signs of life with a price rise to $3,300 over the weekend. This movement is believed to mark the beginning of a trend reversal for Ethereum, as several bullish signals have appeared on its chart. According to crypto analyst Derek, the signals on
The cryptocurrency platform Upbit, based in South Korea, has established itself as a dominant player in the country’s trading activity, accounting for over 80% of the market. However, its growing influence has raised concerns, especially as South Korea prepares to implement new legislation aimed at safeguarding investors in the aftermath of the TerraUSD stablecoin collapse
The SPACEX token, launched by a dedicated Elon Musk enthusiast and developer, has recently gained significant attention in the crypto space. With remarkable gains and a market price of $138, representing a 24-hour change of +78,940%, SPACEX has quickly become a hot topic in the market. The token’s surge in price is attributed to its
Jabara Igbara, also known as “Jay Mazini,” recently faced the consequences of his fraudulent actions as he was sentenced to seven years in prison by U.S. District Judge Frederic Block. This sentence came after Igbara pleaded guilty to wire fraud and money laundering charges, admitting to scamming investors of at least $8 million. The United
The recent data from analytics platform IntoTheBlock has shed light on a concerning trend within the Cardano (ADA) network. The report reveals a significant dip in profitability for ADA holders compared to other cryptocurrencies like Bitcoin and TRX. Only 35% of Cardano holders are currently seeing gains, which raises questions about the underlying challenges faced
Bitcoin (BTC) has faced significant pullbacks since the bear market of 2022, with drops as high as 23% in value. These declines, while daunting, present an opportunity for investors to maximize their returns by buying at discounted prices and benefiting from subsequent rebounds. Crypto trader and analyst Rekt Capital highlighted the potential for good returns
In the rapidly evolving world of Web3 gaming, Beam is making a name for itself as a gaming-focused subnet on the Avalanche Network. With the increasing popularity of blockchain technology, traditional gaming models are facing challenges from decentralized alternatives that offer players true ownership of in-game assets and provide developers with new revenue opportunities. Beam’s
The cryptocurrency market is currently experiencing a period of relative stability, with major coins such as Bitcoin and Ether trading within narrow ranges. Despite this, there is a growing interest in smaller, lesser-known altcoins that have the potential to offer significant gains in the short term. In this article, we will explore three cryptocurrencies that
FTX creditors have recently been given the chance to participate in an auction of the defunct exchange’s remaining Solana token holdings. This marks a shift from previous sales directly to larger venture capital firms such as Galaxy Digital and Pantera Capital. The opportunity was highlighted by Sunil Kavuri, a well-known FTX creditor, who urged retail