Pepe’s sudden drop leaves whale 500k in the red
A memecoin whale who purchased roughly $3 million worth of the Pepe token just days ago is now sitting on an unrealized loss of around $600,000.
Posts published on May 7, 2023 go to media archive 1/2
Dogecoin Price Prediction: Doge Hits Bearish Circuit and Could Drop To $0.07
Dogecoin started a fresh decline from $0.0820 against the US Dollar. DOGE is declining and might drop toward the $0.065 support zone. DOGE failed to clear $0.0820 and started a fresh decline against the US dollar. The price is trading below the…
‘Bitcoin is not under attack:’ BTC maxis allay fears of a DoS offensive
Concerns circulated on Crypto Twitter of a denial of service (DoS) attack on the Bitcoin network.
Russia May Take Up 18% of Bitcoin Hashrate in Next Big Migration of Crypto Miners, Experts Say
Increasing regulatory pressures, tax burden and energy costs in countries like the U.S. and Kazakhstan are likely to result in a new great migration of crypto miners, Russian analysts believe. Under such a scenario, Russia has what it takes to…
Ethereum Price Just Signaled “Sell” And It’s Vulnerable to More Losses
Ethereum price started a fresh decline below the $1,920 level against the US Dollar. ETH could extend losses if there is a clear move below the $1,840 support. Ethereum is moving lower from the $1,940 resistance zone. The price is trading below…
If Over 2,300 Banks In America Are Bankrupt, Will Bitcoin Break Above $40,000?
The United States banking system is in trouble as over 2,300 financial institutions could have more liabilities than assets, recent analysis reveals. Subsequently, analysts say this could boost Bitcoin prices in the weeks and months ahead if the…
Binance halts Bitcoin withdrawals for the second time in 12 hours
The crypto exchange said it temporarily closed BTC withdrawals due to a “large volume of pending transactions.”
Binance Resumes Bitcoin Withdrawals After Second Pause, Says Its Adjusting Fees and Integrating Lightning Network
The second pause comes less than eight hours after its first pause as the crypto exchange grapples with unprecedented Bitcoin network congestion.
Bitcoin Price Faces Another Rejection, Risk of Renewed Downtrend Increases
Bitcoin price failed to clear the $30,000 resistance. BTC is declining and remains at risk of a move toward the $27,200 support zone. Bitcoin is moving lower from the $29,750 resistance zone. The price is trading below $28,800 and the 100 hourly…
‘No other options’: Hong Kong moving forward with crypto licensing, FinTech chair says
Neil Tan, chair of the FinTech Association of Hong Kong, says the opening of the financial industry to digital assets is “just a natural progression.”
You can now create a shitcoin in less than 23 seconds
A new "speedrun" video shows how anyone can create a brand new cryptocurrency in less than 30 seconds.
‘Landmark’ Crypto Law Proposed in New York to Establish ‘Strongest and Most Comprehensive’ Crypto Regulations in US
New York State Attorney General Letitia James has proposed “landmark” crypto legislation that claims to be “the strongest and most comprehensive set of regulations on cryptocurrency” in the United States. “Rampant fraud and dysfunction have beco
First Mover Asia: Bitcoin at $28.6K Remains Unstirred by Binance Temporary Withdrawal Pause
PLUS: Bitcoin maximalists find Ordinals annoying. But they are a good thing for the network in the long run.
Soon there will be only 1 XDN per person on the planet 
#XDN #cryptocurrency #Bitcoin #Ethereum #eth #doge #lunac #LUNACLASSIC @elonmusk pic.twitter...
Soon there will be only 1 XDN per person on the planet #XDN #cryptocurrency #Bitcoin #Ethereum #eth #doge #lunac #LUNACLASSIC @elonmusk pic.twitter.com/C6SUMhcwk4
#XDN #cryptocurrency #Bitcoin #Ethereum #eth #doge #lunac #LUNACLASSIC @elonmusk pic.twitter.com/C6SUMhcwk4
Nigerian Payments Provider Nomba Secures $30 Million in Pre-Series B Funding Round
The Nigerian payments startup, Nomba, is reported to have raised $30 million via a pre-Series B that was led by Base10 Partners. The new solution is expected to help the startup operate more efficiently and deliver “excellent customer…
Louisiana Senator Compares Modern Banks to ‘Sophisticated Ponzi Schemes’
Louisiana Republican senator John Kennedy recently stated in an interview published on Wednesday that the U.S. Federal Reserve may need to increase the federal funds rate to 8-10% to address the country’s inflationary pressures…
Bitcoin Network Congestion Causes Binance to Pause Withdrawals
The world’s biggest crypto exchange has now resumed withdrawals, but problems continue to linger for the bitcoin protocol.
5 cryptocurrencies with the best upside potential in the week ahead
Bitcoin and Ethereum's ETH are finding buyers at lower levels, which may be a bullish sign for XMR, OKB and RPL.
Binance closes BTC withdrawals amid congestion on the Bitcoin network
Bitcoin mempool was clogged with over 400,000 transactions waiting to be processed on May 7.
Bitcoin Network Overwhelmed by 390,000 Unconfirmed Transactions and Surging Fees
In just under two weeks, the number of unconfirmed transactions on the Bitcoin network has skyrocketed from 134,000 to over 390,000, causing a bottleneck in the mempool. This surge in unconfirmed transactions has resulted in a staggering 343%…
What is a Wells notice, explained
A Wells notice is a letter from the SEC indicating possible enforcement action against a person or a firm.
LUNC Continues Downward Trend Despite Testnet Upgrade
Recently, the Terra Classic ecosystem has been in the spotlight due to its developmental efforts, with the testnet upgrade to version 2.0.0 being the latest advancement. Contrary to general expectations, this recent improvement hasn’t…
Bitcoin’s BRC20 Token Economy Skyrockets 192% to $279 Million in Just Four Days
Four days ago, the market capitalization of all the BRC20 tokens built on top of the Bitcoin network was a modest $95 million. However, over the past four days, the BRC20 market valuation has seen tremendous growth, increasing by 192% and reaching…
Upgrade to Bring Bitcoin Cash Smart Contracts, Ted Cruz on BTC, Global De-Dollarization Efforts — Week in Review
Lido DAO Records Biggest Network Transaction In 2 Years – Santiment
DeFi staking protocol Lido DAO (LDO) has just experienced its largest network transaction in two years, according to a report by Santiment. The popular on-chain analytics firm states that on May 5, $135 million worth of LDO tokens were transferred…
The Ethereum Foundation just sold $30M in Ether — But will ETH price fall this time?
Ethereum Foundation's previous big sale of ETH preceded a bear market, but there's little evidence that such sales affect the general market trend.
If We Can Ignore Polarization, Bitcoin Will Fix Bipartisan Authoritarianism
This is an opinion editorial by Mickey Koss, a West Point graduate with a degree in economics. He spent four years in the infantry before transitioning to the Finance Corps.Whether it’s the Patriot Act, COVID-19 measures or the proposed RESTRICT…
Swedbank Strategist Says US Banking Crisis Is Spreading — Warns of More Banks Failing in ‘Vicious Spiral’
A strategist at Swedbank, a Swedish bank, has warned that the regional banking crisis in the U.S. is spreading. After several bank failures, he stressed that Pacwest Bank, Western Alliance Bank, and First Horizon Bank have all been “subject…
Digital Assets for 1 Billion Rubles Issued in Russia in a Month
Platforms authorized by the Russian government issued digital assets worth around a billion rubles in April, the local press reported. The spike in the volume has been attributed to Russian companies experimenting with new financial instruments…
Crypto Firms’ Plans To Leave The US Speak Imminent Doom, Says Tim Draper
The United States is gradually becoming too hot for crypto firms to operate due to unclear and stringent regulatory approaches. For instance, a recent development that sparked an outcry was the proposal to impose a 30% excise tax on crypto-mining…