Blockchain
The Akash Network Phenomenon: Breaking Down Its 2400% Uptrend And Market Outperformance
Decentralized and open-source computing platform Akash Network has captured significant attention in the cryptocurrency market as its native token, AKT, has outperformed the top 100 cryptocurrencies
Blockchain
Stan Druckenmiller Slams Bidenomics — Advocates for Less Government to Boost Innovation
Renowned investor Stanley Druckenmiller has criticized Bidenomics, stating that he would give it an F if he was a professor “Treasury is still acting like we’re in a depression,” he
Blockchain
Bitcoin Down 20% From March But Glassnode Analysts Are Very Bullish: Here’s Why
Bitcoin might have posted the deepest correction since the FTX crash in November 2022, dipping over 20% from its all-time high of around $74,000 However, Glassnode analysts, while sharing
Blockchain
BlockFi Announces Complete Website Shutdown, Selects Major Exchange For Fund Withdrawals
BlockFi, a centralized crypto lender, recently shut down its web platform and selected Coinbase as its distribution partner for customer fund withdrawals The move comes as BlockFi aims to ensure a
Blockchain
Ark Invest, 21Shares drop staking from spot Ethereum ETF proposal
Ark Invest and 21 Shares dropped staking plans in their updated spot Ethereum ETF proposal on May 10 The firms’ previous Feb 7 filing added a clause detailing that the sponsor — 21 Shares —
Blockchain
Cardano Founder Unleashes Fury: Biden Administration Is ‘Destroying’ Crypto
The landscape of the United States’ cryptocurrency industry is embroiled in a fierce showdown between the Biden administration and industry stakeholders, with far-reaching implications for both
Blockchain
EigenLayer Launches Airdrop Season, Allowing Users To Claim 113M EIGEN Tokens
Restaking protocol EigenLayer has unveiled its highly anticipated airdrop season, during which eligible users can claim a portion of the initial EIGEN token supply EigenLayer Sets September 2024
Blockchain
EigenLayer’s Exclusive $15 Billion Token Launch: Who’s In And Who’s Out?
The crypto world is currently abuzz with the launch of EigenLayer’s new token, EIGEN, which has quickly become one of the year’s most anticipated digital asset events According to
Blockchain
IMF backs crypto to solve Nigeria’s forex issues despite local crackdown
The International Monetary Fund (IMF) has recommended that Nigeria embrace the regulated use of digital assets by licensing international crypto exchanges The watchdog made the proposal in its latest
Blockchain
Bitcoin Meal Box: South Korean Convenience Store Chain Partners With Crypto Exchange to Promote BTC
Emart24, South Korea’s fastest-growing convenience store chain, has partnered with cryptocurrency exchange Bithumb to introduce a “bitcoin meal box” in a promotional campaign
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ApeCoin Holds Steady At Key Level – Can A Rebound Follow?
ApeCoin is holding steady at the crucial $1 support level, fueling speculation on whether the bulls are ready for a comeback as it maintains its position above this key mark Recent bearish pressure
Ethereum Price Completes 12 Weeks Of Bottom Formation, Analyst Says Don’t Aim Lower Than $4,900 ATH
Technical analysis suggests the days of the Ethereum price consolidation might be over very soon At the time of writing, Ethereum is trading with a 007% gain in the past 30 days, which reveals the
DOJ Takes Down Rug Pull Duo Behind $400,000 NFT Debacle
A federal jury convicted a man for orchestrating an NFT rug pull scheme, pocketing nearly $400,000 through abandoned projects and cryptocurrency laundering schemes The NFT Rug Pull That Went Too Far
Nexo Launches Digital Asset Wealth Platform in Strategic Rebrand
Nexo has announced a rebranding initiative, repositioning itself as a digital asset wealth platform aimed at long-term crypto wealth management Nexo Targets Wealthy Investors With Rebrand Amid Crypto
Tether hits $7.7 billion in profit YTD as reserves reach record high
Tether Limited reported $25 billion in net profit for the third quarter, bringing its year-to-date profits to a record-breaking $77 billion The firm’s strong third-quarter numbers were
