Bitcoin, the leading cryptocurrency, experienced a significant drop in price to a four-month low, reaching $54,092.3 on Friday. This represents an 8.5% decline in the past 24 hours and over 11% in the last seven days. The primary reason behind this sharp decline is the looming distribution by the defunct crypto exchange Mt Gox, which
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Pandiana, a groundbreaking play-to-earn gaming platform integrated with Solana blockchain technology, has recently announced the launch of its highly anticipated $PNDA token presale. This innovative project aims to revolutionize the traditional meme coin market by merging captivating gameplay elements with blockchain technology, creating a unique and engaging gaming ecosystem for enthusiasts and investors alike. The
In a bid to foster innovation and collaboration within the blockchain industry, Bybit, the world’s second-largest web3 platform by trading volume, recently sponsored the prestigious Swiss Summer Web3Fest and Crypto Valley Conference in Switzerland. This move highlights Bybit’s commitment to engaging with key stakeholders in the blockchain space and driving forward the adoption of crypto
Bitcoin has been struggling to maintain its position above the $63,000 mark, leading to a drop below $60,000. The current price hovers slightly above the crucial support level at $60,885, with key support and resistance levels provided by the 100 EMA at $63,754 and the 200 EMA at $58,260. The 50 EMA at $66,407 poses
In a surprising turn of events, Ethereum has managed to outshine Bitcoin in fee income by a staggering 100% over the past year. According to the latest report from Lookonchain, Ethereum’s network has raked in an impressive $2.73 billion in fee income, making it the top earner in the industry. Bitcoin, on the other hand,
E Money Network, a modular RWA blockchain, has recently announced the launch of a groundbreaking RWA grant program in the cryptocurrency space. With a total of $2 million allocated for this initiative, the program aims to support RWA projects in developing on their blockchain and driving the growth of the RWA economy. Unlocking Infinite Possibilities
Pi Squared, a technology company based in Champaign, Illinois, recently announced the closure of their first capital raise. The raise was led by Polychain Capital and included a syndicate of investors such as ABCDE, Bloccelerate, Generative Ventures, Robot Ventures, and Samsung Next. Additionally, several angel investors joined the round, including Shumo Chu, Harish Devarajan, Justin
Solciety, a rising star in the world of meme coins, has taken the cryptocurrency market by storm. With a successful presale that raised over $619,000 in just two weeks, Solciety has captured the attention of investors looking to capitalize on the popularity of PolitiFi and Solana meme coins. The platform’s rapidly growing community, boasting over
In the second quarter, there was a lot of hype surrounding Bitcoin exchange-traded funds (ETFs). However, despite this excitement, the performance of the digital assets market was mixed. According to a research report by broker Canaccord Genuity, crypto assets fell behind more traditional assets during this period. Bitcoin, in particular, remained rangebound despite significant events
Bitcoin’s price experienced a 4% rise in the past 24 hours, reaching $63,259.0. This recovery comes after a period of losses, although overall sentiment towards the crypto market remains negative. The price movement of Bitcoin was partly influenced by weakness in the dollar, as the greenback lost 0.2% on Monday. However, despite this short-term recovery,