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Cardano (ADA) is a major cryptocurrency ranked 10th by market cap. It experienced its "death intersection", a formation closely followed in technical analysis, for the first time in 2024. This event occurs when the short-term moving average falls below its long-term average and is often interpreted as a harbinger of a downward trend in the market.
May 14, 2024Bracebridge Capital has emerged as the largest holder of Ark Invest and BlackRock's spot Bitcoin ETFs. The hedge fund also reported holdings in Grayscale's GBTC, valuing total spot Bitcoin ETF assets at $434 million as of March 31.
May 14, 2024Ethereum (ETH) is one of the names that investors have been following closely in the cryptocurrency market for the last month and a half. Ether, which remained horizontal after the downward trend that started on April 13, 2024, is causing controversy among technical analysts. As CoinIdol.com notes, the current price range is between $2,908 and $3,122, roughly around the 21-day moving average line. This leads to different opinions on how experts interpret the course of Ethereum in the coming days.
May 14, 2024The cryptocurrency market is always full of exciting developments and this week is no different. While the tweet between Billy Markus, one of the creators of Dogecoin (known as Shibetoshi Nakamoto on the X platform) and Elon Musk, shed light on the potential problems of space colonization, the struggle of two giants in the field of artificial intelligence also resonated in the technology world.
May 14, 2024Dogecoin price is in an upward trend today. It increased by approximately 9.5% in the last 24 hours and reached $0.151 on May 14 (today). In this way, memecoin outperformed the overall cryptocurrency market, which returned approximately 2.75% in the same period.
May 14, 2024CoinDCX is preparing to open a new page in the cryptocurrency world. The company recently announced a new blockchain network called Okto Chain in a press release shared with crypto.news. Okto Chain aims to bring the user-friendly experience offered by traditional web2 platforms to the cryptocurrency world. This innovative chain provides great convenience especially for developers and investors who have difficulty using complex blockchain technologies.
May 14, 2024The Memecoin world has been going through busy times lately. Pepe (PEPE), in particular, is at the forefront of this activity, experiencing an impressive price increase and a corresponding increase in whale activity. This situation brings with it both excitement and anxiety among investors.
May 14, 2024Paradigm, the leading OTC (over-the-counter) liquidity network for institutional investors in the cryptocurrency market, made an important announcement on Monday. The company announced that it has started offering options-based block trading services for popular alternative cryptocurrencies (altcoins) such as MATIC, SOL and XRP, together with leading derivatives exchange platform Deribit.
May 14, 2024The cryptocurrency market once again experienced a surprising event with last-minute developments. After $71 million worth of cryptocurrency was stolen in a phishing scam called “wallet poisoning,” it was refunded to the victim in a mysterious move. This incident raised important questions about cryptocurrency security and fraud methods.
May 13, 2024SoftBank-owned processor design giant Arm has announced plans to develop its own artificial intelligence chips, fueled by profits from artificial intelligence (AI). This move highlights a new challenge in chip production in the rapidly advancing world of artificial intelligence technology.
May 13, 2024The Hong Kong Securities and Futures Commission has warned about deepfake scams targeting the cryptocurrency industry.
May 13, 2024Shiba Inu (SHIB) continues to show resilience despite recent market declines. Data shows that more than 700 trillion SHIB tokens held by more than 650,000 wallet addresses are still profitable. This reveals investors' strong confidence in the long-term value of the token. But the future of the Shiba Inu is not just speculation. The integration with CoinGate has the potential to expand the use case of SHIB, making it more than just a memecoin.
May 13, 2024The Central American country of El Salvador, which adopted Bitcoin as its official currency, took an important step in its cryptocurrency investment strategy. The government has sent a positive signal on transparency by providing public access to Bitcoin investment data through a personalized “mempool.” This move reveals several aspects of El Salvador's approach towards Bitcoin.
May 13, 2024The pioneer artist of the Bitcoin art community "Nurorealm" said that engraving his 3D artwork on the "epic satoshi" he recently earned was a "dream come true." The artist, nicknamed "Nuro", said: "The artwork is now engraved on one of the most valuable digital assets in existence, and this is the most valuable digital canvas ever engraved."
May 13, 2024While the cryptocurrency market has been struggling with fluctuations in recent days, the Ethereum price is also affected by this situation. Having fallen below $2,950, ETH seems to be gaining bearish momentum. In this article, we will examine the recent movements of the Ethereum price, potential support and resistance levels, and possible scenarios for the future.
May 13, 2024The cryptocurrency market is going through an exciting time. Could the Bitcoin price be repeating its movements after the 2016 halving event? Crypto investors are divided on this issue. While one indicator signals that Bitcoin is approaching its bottom, the other predicts that it could reach $350,000 at the peak of this cycle.
May 13, 2024To hedge against Japan's debt burden and resulting yen volatility, Tokyo-based Metaplanet adopted Bitcoin (BTC) as a strategic reserve asset.
May 13, 2024Bitcoin (BTC) price surprised investors with a sudden drop in US morning hours on Friday. This decline reversed an uptrend that saw the world's largest cryptocurrency push $63,500.
May 11, 2024