Month: June 2024

Digital currencies have faced a wave of investor pullback, with the latest data indicating substantial outflows from Bitcoin-focused investment vehicles. This trend marks the biggest withdrawal phase since the United States greenlit cryptocurrency holdings for ETFs at the beginning of the year. Investment outflows hit the crypto asset sector hard in the recent week, culminating […]

Kanav Kariya has decided to step down as president of Jump Crypto after a notable six-year stint with the crypto giant. Through a heartfelt statement on social media, Kariya shared his bittersweet feelings about departing from the role that was an integral part of his career journey. He expressed a mixture of sentimentality and anticipation […]

Web3 gaming has evolved from a nascent idea to a buzzing industry that has captivated millions of players worldwide, and it lies at the forefront of the cryptocurrency movement. While substantial developments in infrastructure and playability have taken place, there’s more to achieve if web3 gaming aims to tap into the enormous $200 billion traditional […]

Bracing for a Regulatory Revolution in Crypto Markets Europe is on the verge of a significant regulatory shift as the European Union’s new cryptocurrency law, known as the Markets in Crypto Assets (MiCA) regulation, is set to commence in the coming week. The rule marks an unprecedented attempt to bring the digital assets marketplace under […]

TipRanks Monitors Accounts for Excessive Usage TipRanks, the popular financial analytics platform, recently issued notifications to users involved in activities potentially breaching the website’s Terms of Use. These alerts were triggered by behaviors such as accessing the same page type more than 80 times in one day. Prohibited Automated Queries Another reason for account suspension […]

While Ethereum Faces Price Volatility, Network Engagement Strengthens The Ethereum ecosystem has undergone a notable fluctuation, with the price of its native token, ETH, descending below the notable $3,400 benchmark. Amidst this pricing shift, an intriguing phenomenon has come to light: a reduction in Ethereum gas prices seems to be accompanied by a counterintuitive increase […]

Riot Platforms, a significant player in the Bitcoin mining sector, recently withdrew its intent to acquire fellow mining company Bitfarms. Instead of pursuing the merger, Riot intends to shake up Bitfarms’ board of directors. This change in strategy comes after Riot’s prolonged and unsuccessful attempts to engage with Bitfarms’ leadership for a potential merger. The […]

Solana’s value has experienced a notable decrease, registering a 7% drop over the past day. After attempting to maintain a positive trend forming within a bullish pennant pattern, Solana’s market behavior took an unexpected turn, departing from the pattern and triggering the current downturn. At the time of analysis, the digital currency was valued at […]

Bitcoin’s Price Sees a Significant Drop Amid a general market retreat, Bitcoin faced a notable decline on Monday, dipping to its lowest value since mid-May. Around 2 p.m. GMT, the preeminent cryptocurrency was trading at roughly $61,550. It had earlier touched a six-week trough, signifying a decline of about 9% for the month of June. […]

Decisive Strategic Adjustment by Tether Targets Blockchain Ecosystem Enhancement Tether, a leader in the stablecoin market, has embarked on a pivotal transformation to strengthen its position within the dynamic blockchain environment. Prioritizing innovation and alignment with user interests, the company has set a course to bolster USD₮, its premier stablecoin, within more technologically progressive blockchain […]