With Bitcoin (BTC) bouncing back from a six-month low and institutional interest on the rise, analysts are painting a bullish picture for the coming months. DeFi researcher Michael Nadeau highlights several key factors that are fueling optimism among Bitcoin enthusiasts. As the cryptocurrency shakes off its first major correction in this cycle, selling pressure from
Crypto
In a surprising turn of events, a long-dormant Bitcoin wallet has suddenly come to life, showcasing remarkable gains of 94,700%. The wallet, holding 190 BTC worth approximately $11.49 million, lay dormant for over 11 years before its recent activation. This resurgence has sparked interest within the cryptocurrency community, as dormant wallets are often linked to
Decentrawood, a prominent player in the metaverse and blockchain industry, has recently announced the listing of its native token, DEOD, on the globally renowned cryptocurrency exchange MEXC. This strategic move is set to take place on August 12th, 2024, at 10 AM UTC, signaling a significant milestone for the Decentrawood ecosystem. The listing on MEXC
Bitcoin price surged higher on Friday, following a positive trend in broader risk-driven markets. The cryptocurrency rose over 4% to $60,588.0, after reaching as high as $61,712.3. This spike in price comes after a period of volatility, with Bitcoin experiencing a steep decline to $49,000 earlier in the week. However, the market has shown signs
NeurochainAI, a decentralized AI-as-a-Service (DeAIAS) network, recently unveiled its Token Generation Event (TGE) with the $NCN token now available for trading on Gate.io and WhiteBIT. This event marks a significant milestone for NeurochainAI as it solidifies its position in the DeAIAS industry, offering innovative solutions such as a reliable DePIN for AI Inference and a
In a recent final judgment released on August 7th, Ripple, a fintech giant based in San Francisco, has been ordered to pay a civil penalty of $125 million to the U.S. Securities and Exchange Commission (SEC). The company is required to fulfill this obligation within 30 days following the entry of the final judgment. This
One of the top news stories in the cryptocurrency world is the recent crash of Bitcoin following the collapse of the Japanese Nikkei 225 stock index. Nassim Nicholas Taleb, the author of “Black Swan” and a risk analyst, shared his views on this issue. According to Taleb, the market bloodbath can be attributed to the
Bitcoin, the leading cryptocurrency in terms of market capitalization, has recently experienced a “death cross” on its short-term charts. This event occurred following a significant sell-off in the cryptocurrency market, which saw Bitcoin dropping to a low of $49,050 in a single trading session. This sharp decline resulted in the erasure of over $370 billion
At a recent crypto convention in Nashville, Tennessee, Donald Trump made a bold statement that captured the attention of many – “Never sell your bitcoin.” This declaration from the Republican presidential candidate was met with cheers from the crowd and highlighted his efforts to engage with the crypto community ahead of the upcoming election. Trump
Zircuit, a groundbreaking project based in George Town, Grand Cayman, is making waves in the blockchain space with the launch of its Mainnet Phase 1. This marks a significant milestone for the project, as it brings to life a fully EVM-compatible ZK rollup with AI-enabled sequencer-level security. The Mainnet Phase 1 also includes the introduction