Ethereum (ETH), one of the most notable cryptocurrencies in the digital asset landscape, is currently grappling with significant price fluctuations, sitting approximately 11% below its local peak of around $2,730. Investor sentiment is cautiously optimistic, spurred on by encouraging on-chain metrics that shed light on market dynamics. This article aims to dissect the current situation
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Despite an optimistic start, the cryptocurrency market has exhibited notable fluctuations in October, particularly for Shiba Inu (SHIB). The widely anticipated “Uptober” trend, suggesting a seasonal rally for cryptocurrencies, has met with significant turbulence, resulting in uncertainty among investors. The latest developments indicate a short-lived recovery, as SHIB witnessed a 4% price increase recently, hinting
On September 24, 2023, Bybit, a prominent cryptocurrency exchange, announced the launch of an Islamic crypto account specifically designed to meet the needs of its Muslim clientele. This groundbreaking initiative is the first of its kind, allowing Muslims to engage in cryptocurrency trading while adhering to Shariah law. Bybit’s CEO, Ben Zhou, highlighted this pivotal
The world of cryptocurrency, with its rapid evolution and groundbreaking potential, often attracts a wide array of individuals from various backgrounds. Among them is Opeyemi, an adept writer whose venture into the digital asset arena was not a predetermined career path but rather a fascination that developed over time. Unlike many who made a deliberate
The recent settlement between TrustToken and TrueCoin, the developers behind the TrueUSD (TUSD) stablecoin, and the U.S. Securities and Exchange Commission (SEC) has raised significant concerns within the cryptocurrency space. The entities agreed to a settlement involving $700,000 in penalties for allegations of fraudulent activities, particularly regarding the unregistered sales of investment contracts. This settlement
On October 2nd, Taiwan’s Financial Supervisory Commission (FSC) announced a significant overhaul of its Anti-Money Laundering (AML) laws aimed specifically at virtual asset service providers (VASPs). This development marks a pivotal shift in Taiwan’s regulatory landscape for cryptocurrencies, reflecting an increased commitment to combat financial crime while fostering a transparent digital assets market. Commencing January
Semilore Faleti stands out in the world of cryptocurrency journalism as a dedicated writer who has carved a niche for himself. Initially dabbling in various subjects, Semilore’s journey took a significant turn when he discovered his aptitude for dissecting the often perplexing landscape of blockchain technology and cryptocurrencies. His fascination lies not just in the
The cybersecurity landscape for cryptocurrencies has entered a paradox in Q3 2024. While the total number of hacks has dipped to an unprecedented low, a mere 28 incidents were recorded, the financial ramifications have been staggering. In total, $463.6 million was siphoned from various projects, raising significant concerns about the overall security of the crypto
The explosive growth of games linked to cryptocurrencies is a testament to how the gaming industry continues to innovate and adapt. One such game, Rocky Rabbit, has recently captured attention by launching its RabBitcoin (RBTC) token on The Open Network (TON). Following a successful airdrop, players are now seeking ways to maintain and enhance their
The past week has been tumultuous for Bitcoin and Ethereum exchange-traded funds (ETFs) in the United States, marking a significant shift from a period of impressive net inflows to notable outflows. This sudden change can be partially attributed to growing geopolitical instability, particularly the escalating tensions in the Middle East. The market environment has shifted