The cryptocurrency market sentiment is back in “extreme fear” as Bitcoin’s price dropped under $56,000. This recent slump has shaken the market, raising concerns about the future direction of Bitcoin and other major cryptocurrencies. Arthur Hayes, co-founder of BitMEX, believes…
After witnessing one of the biggest global IT outages on record, which affected the travel, finance, and healthcare industries worldwide , this week is ready to see more political drama, events, and earnings reports from tech giants. Let’s take a…
We’re pleased to announce the founding of the Blockchain Security Standards Council (BSSC). This nonprofit organization will seek to establish uniform security standards in the crypto industry. The BSSC’s participants will address emerging security threats by working toward a consensus…
Japanese firm Metaplanet continues accumulating Bitcoin tokens, adopting a buy-the-dip strategy amid the ongoing decline. Metaplanet purchased 42.47 BTC coins worth 400 million yen ($2.42 million) when BTC fell to a low of $54,500 earlier in the day. Metaplanet’s accumulation…
Multicoin Capital will match Solana (SOL) donations to the Sentinel Action Fund, a political action committee (PAC) supporting pro-crypto Republican senators, for up to $1 million over 10 days. On July 5, Multicoin Capital Managing Partner Kyle Samani said the…
Bitcoin was set for its biggest weekly fall in more than a year on Friday, as traders fretted over the likely dumping of tokens from defunct Japanese exchange Mt. Gox and further selling by leveraged players after the cryptocurrency’s strong…
Bitcoin has not reached the top of its current appreciation cycle and is likely to go past its all-time high this year, according to a research report released by CCData on Tuesday. Bitcoin hit an all-time high of above $73,700…
A bitcoin exchange that collapsed 10 years ago after being hacked is set to return billions of dollars’ worth of the token to users — and it has investors worried. In a few days, bankrupt Tokyo-based bitcoin exchange Mt. Gox will begin…
Recently, altcoin holders have faced significant stress due to market movements over the past five weeks. Major shifts and turning points often involve extreme pain and patience, causing many to give up. But one has to remember that altcoins can…
Solana (SOL) has been experiencing heightened volatility, reflecting the broader turbulence in the cryptocurrency market. Recently, it suffered a notable decline of 18% over one month. This downturn is part of a larger corrective phase following an impressive rally earlier…