Comparisons between the market capitalization of Bitcoin and publicly traded companies used to make me wince in frustration. Trying to contrast the world’s first successful digitally native currency to a single industry is narrow minded, let alone a single company. However, as I continuously surrender to the process of meeting people where they are on […]
Top 5 Underrated Cryptos with a 100x Potential in 2024
As of November 2023, the cryptocurrency market is experiencing a notable rebound, driven by anticipation for the upcoming Federal Open Market Committee (FOMC) minutes. This resurgence has sparked renewed investor enthusiasm, with Bitcoin leading the charge. The market’s bullish run is primarily fueled by optimism and speculation over the approval of the first Bitcoin Spot […]
Bitcoin (BTC) Price Analysis: 38000 in Reach of Breach Again – 24 November 2023
Bitcoin (BTC) Price Analysis: 38000 in Reach of Breach Again – 24 November 2023 Bitcoin (BTC/USD) encountered additional selling pressure early in the Asian session as the pair reversed and headed lower from the 37653.67 area, representing a test of the 61.8% retracement of the depreciating range from 37875 to 37275.24. Selling pressure intensified around […]
Crypto-Friendly Swiss City of Lugano Adopts Polygon for Swift Payments
Coinspeaker Crypto-Friendly Swiss City of Lugano Adopts Polygon for Swift Payments Lugano, one of the most popular tourist destinations in Switzerland, has embraced the Polygon network, a Layer 2 scaling solution built on the Ethereum ecosystem to accelerate its crypto evolution. In an announcement on November 22, Polygon said the crypto-friendly Swiss city has upgraded […]
Blast Staking Sees $301M Inflow amid Skepticism from Crypto Users
Coinspeaker Blast Staking Sees $301M Inflow amid Skepticism from Crypto Users Despite some skepticism from the crypto community, Blast, an Ethereum Layer-2 blockchain set to be live in March, has successfully garnered over $301 million in staked Ethereum (stETH) and stablecoins since its introduction on Monday, according to reports. Blast, led by the pseudonymous @PacmanBlur, […]
With Bitcoin Faltering in Recovery, Will Arbitrum (ARB) and Algorand (ALGO) Seize the Day to Break Out?
Today the cryptocurrency market is draped in a blanket of green as most coins seem to be riding a wave of positive momentum. Interestingly, Bitcoin, which usually leads the pack, is somewhat trailing behind. The overall crypto market cap has jumped by 5% since yesterday, but Bitcoin’s rise of just over 2% pales in comparison. […]
User claims $11M in Blur token rewards at NFT marketplace’s season 2 airdrop
NFT marketplace Blur allocated a total reward pool of 300 million tokens, worth around $146 million, for traders who use their platform. A pseudonymous nonfungible token (NFT) trader made around $11 million in the recent airdrop reward distribution conducted by the NFT marketplace Blur. Dune analytics data showed that a wallet with the Ethereum Name […]
Justin Sun-related crypto platforms hacked 4 times in 2 months
Justin Sun’s cryptocurrency exchange HTX has been hacked twice since rebranding from Huobi in September 2023, raising questions from the crypto community. Tron founder Justin Sun’s crypto businesses have come under repeated attacks from hackers over the past two months, with at least four hacks on platforms related to the crypto entrepreneur. Sun’s HTX crypto […]
FTX’s FTT token rallies 28% — Binance effect or FTX 2.0 reopening?
The surge suggests significant institutional attention despite the token’s historical association with FTX’s financial challenges. Amid market uncertainties around Changpeng “CZ” Zhao’s departure as Binance CEO, defunct crypto exchange FTX’s native FTX Token (FTT) witnessed a brief bull run. FTT has surged in value over the past 48 hours, trading at $4.63 at the time […]
CoinFLEX creditors dissatisfied with restructuring to OPNX: Report
CoinFLEX creditors claim former CEO Mark Lamb and the OPNX exchange “misappropriated” their assets in a court filing. Some creditors of cryptocurrency futures exchange CoinFLEX are alleging that OPNX, a new crypto exchange established in part by Three Arrows Capital (3AC) co-founders Kyle Davies and Su Zhu, was created using CoinFLEX assets without their consent. […]