The price of SUSHI, the native token of SushiSwap, a decentralized exchange, is down 45% from February 2023, when prices peaked at $1.63, the highest level in six months. SushiSwap Token Redesign This contraction is despite the successful…
French Regulator Extends Open Arms to Fleeing U.S. Crypto Firms
France is demonstrating its dedication to becoming a top choice for cryptocurrency companies seeking clear regulations by offering a welcoming environment for those fleeing uncertainty in the United States. Earlier today, a report from CoinDesk…
Tether Bets On Bitcoin: Allocates Up To 15% Of Profits For BTC Purchases
Tether, the company managing the reserves of the world’s largest stablecoin USDT, has announced a new investment strategy aimed at strengthening its reserves portfolio. Tether will now allocate up to 15% of its net realized operating profits toward…
Ripple Acquires Crypto Custody Firm Metaco In $250 Million Deal
US-based cryptocurrency company Ripple has recently announced its acquisition of Metaco. Metaco is a Swiss-based crypto custody firm and the deal, valued at $250 million, marks Ripple’s foray into the acquisition space. Metaco specializes in…
Shiba Inu To Introduce Four New Metaverse Hubs In 2023
The popular meme coin project, Shiba Inu, recently unveiled its plans to launch four captivating metaverse hubs later in 2023. A Shiba Inu marketing team member, Lucie Sasnikova, took to Twitter to share this highly anticipated news with the…
Voyager Digital Customers Left High And Dry With Only 35% Crypto Deposit Recovery
According to a Reuters report, Crypto lender Voyager Digital’s efforts to reorganize under Chapter 11 have ended, with a U.S. Bankruptcy Judge approving their proposed liquidation plan. The company filed for bankruptcy protection last July…
Citadel Strikes Back: Sues Crypto Executives Over Trading Secrets
Per a recent report, hedge fund and market maker behemoth Citadel is suing two former executives. The individuals identified as Leonard Lancia and Alex Casimo broke off from the company to start a high-frequency trading firm called Portofino…
Optimism is trading in the green today, with its trading volume up by over 54%. OP traded at $0.9231 on January 1, 2023, and peaked at $3.0294 on February 7, close to its all-time high value of $4.5692. Currently, OP is at the $1.6 price level as…
Ripple (XRP) Legal Defender Lauds Judge Torres’ Ruling As A Victory For The People
The legal battle between the United States Securities and Exchange Commission (SEC) and Ripple Labs rages on as the community awaits the summary judgment. While the wait continues, a recent ruling led Pro-XRP Attorney Jeremy Hogan to applaud Judge…
Data shows the Dogecoin and Shiba Inu whales have moved around massive of coins amounts today, a sign that dumping may be going on. Dogecoin And Shiba Inu Whales Have Transferred Huge Amounts According to data from the cryptocurrency transaction…
In this comprehensive guide about online casino real money gambling sites, our focus is to review and present the absolute best sites that offer an exceptional selection of online slots. Our reviews and rankings will uncover the top US real money…
Crypto Assets Flow From Ethereum To BSC, Are Users Escaping High Gas Fees?
There is a substantial flow of assets from Ethereum to the Binance Smart Chain (BSC), according to data from Cryptoflows. Migration From Ethereum To BSC The shift to move assets from the legacy smart contracting network could be driven by the…
Shiba Inu Could Rally Another 10% Upon Surpassing This Price Level
The price of Shiba Inu has been consolidating, leading to a downward trend. In the last 24 hours, SHIB has lost 2% of its value, and there has been limited movement on the weekly chart. This indicates a decrease in buying interest and an increase…
This Bitcoin Metric Is At A Crucial Junction, Will Bulls Find Victory?
On-chain data shows a Bitcoin indicator is currently retesting a crucial level that could decide the direction the market takes from here. Bitcoin Short-Term Holder SOPR Has Plunged To A Value Of 1 As pointed out by an analyst in a CryptoQuant…
In the world of cryptocurrency, the market can be a confusing and volatile place. This is especially true for Bitcoin (BTC), which has seen its fair share of ups and downs in recent days. Jackis, a well-known analyst in the crypto community, has…
Lido DAO (LDO) Surges Nearly 20% In The Past 7 Days, Here’s Why
In the fast-paced world of cryptocurrencies, Lido DAO (LDO) has made significant waves in the past week, experiencing an impressive surge of nearly 20%. Though the surge comes at a time the global crypto market is not deep in a downtrend…
Algorand (ALGO) Price Turns Positive, Bulls Eyeing Further Gains?
Algorand (ALGO) has recovered from the bearish trend seen at the end of February 2023. From February 21 till May 8, ALGO recorded a loss of 45.13%, dropping to a low of $1.592. Despite the crash, buyers still pushed up the price of ALGO by more…
Top-Rated Bitcoin Slot Sites in 2023: A Comprehensive Guide
With the rise of crypto at online casinos, Bitcoin slots are becoming a go-to choice for players worldwide. In this comprehensive guide, we’ll explore the top-rated Bitcoin slot sites you need to sign-up for in 2023, as well as the best slot…
DeFi’s Rising Star: Why Rook DAO Is The Best-Performing Token Of 2023
Rook DAO, a decentralized autonomous organization (DAO) operating in the decentralized finance (DeFi) space, made headlines recently as it executed a “rage quit” that resulted in a significant price surge for its native token, ROOK. The…
Shiba Inu Event Raises The Bar With A 26,000% Surge In 24-Hour Burn Rate
Shiba Inu ‘burns’ dominate headlines in 2023 as more whale addresses participate in the event. Notably, the Shiba Inu community burnt a massive 3.03 billion SHIB tokens in 24 hours. Blaze token currently leads as the top burner on the…
Why Litecoin Is The Most Undervalued Asset in Crypto
Litecoin momentum is potentially changing, network usage is skyrocketing, and the cryptocurrency’s halving is ahead. Yet the asset remains drastically undervalued relative to Bitcoin, Ethereum, and other factors. Here is a closer look at why…
Ledger Under Fire After Questions Arise Over Security Measures
Crypto’s flagship cold storage tool, Ledger, is taking heat from the crypto community this week following a Reddit post from a Ledger co-founder that suggested that external companies could have exposure to user seed phrases on an opt-in…
Breaking Above This Level Might Trigger A Bullish Momentum For Ethereum Price
Ethereum managed to surpass the $1,800 price level initially, but it has been experiencing a period of consolidation recently. In the past 24 hours, there has not been much progress in the price movement. Similarly, the weekly chart shows that…
Japan Loses 30% Of Total Crypto Hacks In North Korea, Elliptic Reports
Japan has emerged with the highest losses worldwide from North Korean cyberattacks targeting crypto exchanges, as recent reports indicate that Japan’s financial institutions and individuals incurred approximately 30% of the total losses…
Power Play: Top 5 Cryptos Set To Ignite The Week With Decent Gains
After a disastrous week, the digital currency market , including the top 5 cryptos, is ready for a recovery. According to CoinGecko, the crypto market’s total market cap increased by nearly 2% in the past 24 hours. Although the broader…
PEPE Unlikely To Be As Big As DOGE & SHIB, Says Santiment
Here’s how the growth in PEPE has so far compared with that of its predecessor meme coins: Shiba Inu (SHIB) and Dogecoin (DOGE). PEPE’s Peak Trading Volume Hasn’t Been Near DOGE Or SHIB’s Yet Pepe Coin, a token based on the…
Ripple CTO Reveals Facts About Present XRP Burn Debate
The Chief Technology Officer (CTO) of Ripple, David Schwartz, has provided valuable information about the ongoing debate surrounding the burning of XRP tokens. The debate about burning XRP tokens has been hot within the XRP community, and…
BNY Mellon Embraces Long-Term Digital Asset Initiatives Across All Lines of Business
In a dynamic move towards digital transformation, BNY Mellon, one of the oldest banks in the United States, is pushing forward with its initiatives focused on distributed ledger technology, tokenization, and digital cash. Roman Regelman, the CEO of…
The Aura Around PEPE Isn’t Good For The Market, Especially Bitcoin – Here’s Why
Pepecoin (PEPE) has been exhibiting a surprising level of calm in its price movement lately. However, contrary to what many may assume, this could be a red flag for Bitcoin (BTC) and the entire cryptocurrency market. According to a Bloomberg…
Is This Latest Ledger Firmware Update A Disaster In The Making?
Ledger, the hardware wallet provider, recently upgraded its firmware to version 2.2.1. They introduced an additional safety net called the “Ledger Recover” that the crypto community is vehemently rejecting. While upgrades are critical…
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