Tag: Cryptocurrency

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Bitcoin Crashes: Dip To $65,000 Triggers Over $400 Million Liquidation Avalanche

In a tumultuous turn of events, the cryptocurrency market has been rattled by a sharp decline in Bitcoin prices After a sustained period of remarkable gains and record highs, Bitcoin has plunged to a

El Salvador Will Keep Buying 1 Bitcoin Daily Until BTC ‘Becomes Unaffordable’ With Fiat Currencies, Says President Bukele

El Salvador has been buying one bitcoin a day since 2022, according to President Nayib Bukele, who confirmed that his country’s “1 bitcoin a day program” will continue until the

Asia’s crypto revolution: Web3 growth in the East

Over the years, the Asia Pacific region (APAC) has established itself as an impressive environment for the rapidly growing technology industry From the bustling tech hub of Singapore to the financial

‘Not a Store of Value’ — Vanguard CEO Labels Bitcoin Too Speculative for Long-Term Portfolios

After the US investment advisor Vanguard chose not to offer spot bitcoin exchange-traded funds (ETFs), its CEO Tim Buckley, in a recent discussion, described bitcoin as a speculative asset, unfit for

XRP Advocate Goes Big: $500,000 Pledged For Senate Campaign Vs. US Senator

In a bold move, prominent lawyer and XRP proponent John Deaton has made a substantial $500,000 donation to his Senate campaign against incumbent US senator for Massachusetts, Elizabeth Warren Deaton

Prosecutors Demand 50 Years for Bankman-Fried, Citing FTX Founder’s Repeated Gambles ‘With Other People’s Money’

In a statement from US Attorney Damian Williams and his team, the fallen FTX founder, Sam Bankman-Fried (SBF), faces a recommendation for up to half a century behind bars for his offenses The

Despite Recent Dip, Meme Coin Shiba Inu Marks 177% Monthly Growth

Based on the most recent data, the meme cryptocurrency shiba inu has witnessed 410 trillion tokens burned, translating to approximately 41% of its entire circulation Concurrently, the digital asset

Dogecoin Whale Dumps Substantial Holdings On The Market – Here’s How Much

A Dogecoin (DOGE) whale recently offloaded significant portions of their DOGE holdings in an act of profit-taking This action has negatively affected the meme coin’s price, which has been on a

Top 10 Bitcoin Mining Rigs of 2024: Leading the Charge in Crypto Earnings

Over the past month, the valuation of bitcoin has seen a notable increase, leading to significantly enhanced profits for today’s most sophisticated application-specific integrated circuit

Vanguard CEO Doubles Down On Anti-Bitcoin ETF Stance – Details

Vanguard Chief Executive Officer Tim Buckley has once again reiterated the investment giant’s stance against the adoption of spot Bitcoin ETF In a video release also featuring the company’s Chief

NFT Market Faces 16.55% Drop in Sales Amidst Cryptocurrency Downturn

In tandem with the broader downturn of the cryptocurrency market this week, the non-fungible token (NFT) sector also experienced a downturn in sales over the preceding seven days From March 9 to

Grayscale Submits Revised Application For Ethereum Spot ETF – What’s New?

Asset management firm Grayscale Investments has updated its application for an Ethereum spot ETF (exchange-traded fund) with the United States Securities and Exchange Commission (SEC) Ethereum Spot