The cryptocurrency market is known for its ever-evolving nature, constantly bringing new tokens into the spotlight. One of the latest sensations is the meme coin built on the Solana blockchain called BOOK OF MEME (BOME). Since its debut earlier this week, the price of BOME has surged by an astonishing 5,000%, with a trading volume
Trading
Hong Kong’s Securities and Futures Commission (SFC) recently issued a public warning about Bybit, adding it to the list of suspicious virtual asset trading platforms due to its unlicensed operations. The SFC expressed concerns that Bybit has offered its products to Hong Kong investors without securing the required license to conduct regulated activities in the
The recent findings by blockchain analytics firm Elliptic have shed light on the fact that the North Korea-backed hacker group Lazarus is once again utilizing the sanctioned crypto mixer Tornado Cash to obscure their transactions. Despite ceasing the use of Tornado Cash last year following US government sanctions, Lazarus has now resorted back to this
As of the latest updates, the crypto market is experiencing a mixed bag of trends. While Bitcoin (BTC) and Ether (ETH) are facing profit-taking due to hot US PPI inflation figures, other major altcoins like Solana (SOL) and Dogecoin (DOGE) are on an upward trajectory. Investors are now evaluating their options to determine the best
Crypto.com, a popular crypto trading platform, has recently been hit with a substantial fine of €2.85 million ($3.1 million) by the Netherlands Central Bank. The penalty was imposed on Crypto.com’s Dutch trading entity, Forix DAX Mt, for operating within the European country without proper registration for a period of two years. This violation of Dutch
Bitcoin’s price has once again broken records, with a recent surge pushing it to just below $74,000. This comes after a brief dip below $72,000, showcasing the volatile nature of the cryptocurrency market. Despite a slight retracement following the initial high, Bitcoin has managed to hold steady around $73,000, with a market capitalization close to
Ethereum (ETH) recently completed a significant software upgrade known as Dencun, which aims to enhance the network ecosystem’s cost-effectiveness, particularly focusing on Layer 2 (L2) networks like Arbitrum, Polygon, and Coinbase’s Base. This upgrade has resulted in a substantial decrease in transaction costs on these networks, making fees drop from dollars to cents or even
Ethereum (ETH) is on the brink of a significant upgrade with the impending Dencun update aimed at improving the network’s scalability. However, amidst this positive development, QCP Capital, a reputable crypto asset trading firm, has uncovered a concerning trend that could potentially impact Ethereum’s price trajectory. Negative Risk Reversals and Investor Sentiment QCP Capital’s analysis
The current sentiment surrounding NEAR Protocol remains bullish within the crypto community, with traders’ predictions of a potential $8 target coming to fruition. After a minor retracement, NEAR Protocol is currently trading at $7.85, marking a 24-hour change of -2.8%. The price surged by 70% out of consolidation at lower support above $5.15 on March
The CEO of Jan3 and Bitcoiner, Samson Mow, is maintaining his bold prediction that Bitcoin could reach $1 million in the near future. In a recent interview with ‘What Bitcoin Did’ host Peter McCormack, Mow elaborated on why he believes in this ambitious price target. He asserted that BTC’s current setup is conducive to a