MarketsIn a statement published on Monday, the Federal Trade Commission (FTC) informed Americans about how they should behave if a romantic relationship they met online gives them investment advice.
Jun 11, 2024MarketsEuropol, the European Union law enforcement agency, has opened a new front in the debate on the regulation of cryptocurrencies. In its recently published report on cryptographic encryption, Europol expressed concerns about cryptocurrency mining and layer-2 blockchain solutions. Concerns have been raised that these technologies facilitate illegal activities by criminal elements and complicate the work of law enforcement agencies.
Jun 11, 2024MarketsWhile the cryptocurrency market has been experiencing fluctuations lately, Akash Network (AKT) has been on the rise. Akash, one of the leading players in the decentralized cloud computing industry, draws attention with the 9% increase in value of its native token AKT in the last 24 hours. This increase makes AKT one of the biggest gainers among the top 100 cryptocurrencies.
Jun 11, 2024MarketsThe cryptocurrency market has witnessed an interesting mix of seriousness and humor. While the sudden decline in GameStop shares dragged down a meme token parodying it, other popular meme coins also experienced losses. This revealed how the cryptocurrency market is intertwined with traditional finance and how retail investors influence volatility in the cryptocurrency market.
Jun 11, 2024MarketsMatter Labs, the main development firm behind the Layer-2 network called ZKsync era, has officially announced the distribution criteria for the long-awaited ZK token airdrop. According to the plan published on Tuesday, 17.5% of ZK's total 21 billion supply will be distributed to users as airdrop starting "next week".
Jun 11, 2024MarketsThe cryptocurrency market has experienced a pullback after the recent rise of the leading cryptocurrency, Bitcoin. Bitcoin, the largest cryptocurrency by market value, fell over 2% to $67,900. This decline is a continuation of the trend away from the recent peak near $72,000.
Jun 11, 2024MarketsNew York Attorney General Letitia James aims to protect immigrant communities and prevent fraud in crypto markets by filing one of the largest fraud cases in the cryptocurrency space on June 6. The lawsuit is filed against crypto trading company NovaTechFx, its co-founders Cynthia and Eddy Petion, and AWS Mining Pty Ltd, an alleged scam. filed against him.
Jun 7, 2024MarketsAs of writing, W token is trading at $0.7113 and has gained 12% in value in the last 24 hours. According to CoinMarketCap data, the crypto asset's trading volume was $225 million in the same time period. Its market value is at 1.25 billion dollars.
Jun 7, 2024MarketsThe crypto world looks set to get even more excited as Memecoins prepare to take action. While Dogecoin (DOGE) is finally recouping its weekly losses, there is optimism that DOGE may reach its peak this month.
Jun 7, 2024Markets2024 has been an exciting year for the cryptocurrency market. Bitcoin (BTC) has soared to new highs, countless new coins and tokens have been launched, and some lucky investors have made incredible gains. While this rapid rise bears the hallmarks of a bull run in the cryptocurrency world, it is more important than ever to remain cautious and understand the potential risks.
Jun 7, 2024MarketsThe Bitcoin network hash rate is a critical value that measures the computing power used to mine and verify transactions on the Bitcoin network. It shows the number of complex operations (hashes) processed per second and hashes per second (h/s) is used as the unit.
Jun 7, 2024MarketsShiba Inu has erased many zeros since its launch, making it one of the most profitable cryptocurrencies for early investors.
Jun 7, 2024MarketsSocial media platform Reddit's investor community is abuzz with a potential success story that once again showcases the power of retail investors. Keith Gill, this investor known by his online nicknames "TheRoaringKitty" and "DeepFckingValue", is on the agenda with the possibility of reaching a billion dollar fortune thanks to his position on GameStop (GME) shares and options. This possibility also created excitement on the betting application Polymarket, generating betting volume exceeding $120,000.
Jun 7, 2024MarketsThere has been data showing that the long-short ratio has been on the rise since Wednesday, with some traders expecting Bitcoin to reach new highs in the coming weeks.
Jun 7, 2024MarketsBitMart, the leading global cryptocurrency exchange, has been named the Best Altcoin Exchange of June 2024 by Investopedia, the world's largest financial education website. This prestigious award highlights BitMart's commitment to providing exceptional service and support to its users worldwide.
Jun 7, 2024MarketsFleek, an edge-focused, on-chain cloud platform, announced a strategic collaboration with Polygon blockchain developer Polygon Labs. According to the press release, the two companies plan to create high-performance, permissionless web services and use cases. These services will be built on Fleek's new on-chain cloud infrastructure designed specifically to meet the needs of Polygon Chain Development Kit (CDK) projects.
Jun 6, 2024MarketsFloki ($FLOKI) created excitement in the cryptocurrency markets. After reaching its all-time high of $0.0003449 yesterday at noon UTC, it started to decline.
Jun 6, 2024MarketsIKAR Holdings Limited, a multi-layered entrepreneurial conglomerate based in London, and Unify Platform AG, a Swiss-based Japanese technology company that also owns Uniplat, announced today that they will establish the world's first Bitcoin Hotel.
Jun 6, 2024