Category: News

Dogecoin Becomes A Highly Tractive Asset As Billions Of DOGE Enters Whales’ Wallets

With every passing day, the trading price of Dogecoin (DOGE) has continued to gain strength and momentum. The token has become highly traction among investors and the whales. This is the reason why the trading price of Dogecoin has continued surging and it has reached several major levels because of that. Many analysts have been…

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Mastercard And Visa Decide To Take A Step Back From Pushing For Crypto Adoption

Mastercard and Visa, the payment services giants seem to have decided what they are going to do in terms of crypto adoption. Payment Giants Take a Break For more than two years, Mastercard and Visa have continued pushing the adoption of cryptocurrencies in the mainstream industry. To achieve this, they have continued forging new deals…

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Changes Introduced To BTC ATMs Software By Bitcoin Depot For Cost Reduction

In the past several months, cryptocurrency ATMs have continued losing their traction. There is not much adoption witnessed for cryptocurrency ATMs in these months. Because of this, the installations of the crypto ATMs have continued dropping worldwide. Multiple reasons have resulted in the number of ATMs being reduced or taken out of operation from certain…

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Cryptocurrency Exchanges Let Russian Locals Use Their Platforms, Provide Support In Circumvention

In the 8th wave of sanctions that were implemented against Russia by the west, it was ordered that the crypto firms must avoid offering services to Russia. It meant that the Russian locals must not be allowed by the exchanges to operate and process transactions. The sanctions made it clear that the cryptocurrency exchanges must…

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Justin Sun Is Bullish For Ethereum’s Latest Upgrade, Predicts Asset’s Jump To $1,650

The Saturday trading session did not bring anything but slight grief for the Ethereum (ETH) investors because of a minor dip. The investors were not glad as they had to digest the 0.81% decline in the trading price of Ethereum on Saturday. This wasn’t the only demise recorded by ETH in the recent sessions. A…

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Mining Input Keeps Increasing With Addition Of More Mining Rigs, Mining Difficulty Surges By 9.95%

The mining difficulty of Bitcoin (BTC) is on the rise. This is time first time in several months that a great surge has been registered in the mining difficulty of BTC. BTC.com, a major crypto platform tracking the activity of Bitcoin has revealed that following the latest adjustment, the mining difficulty has surged. The latest…

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Ethereum (ETH) Price Rises By 5% In A Single Week

Ether (ETH) the native cryptocurrency for the Ethereum blockchain has seen sideways movement in terms of its price. The recent fluctuations in the price of Ether (ETH) have given the cryptocurrency much-needed attention. Today, at the press time ETH was exchanging hands at $1,641, which means the price of the world’s second-largest cryptocurrency plunged by…

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Bitcoin’s $40 Billion Trading Volume Sparks Speculation Of Its Future Price

In contrast to the previous week this week has seen a massive rebound in the price of Bitcoin. As the price of Bitcoin rises, the overall market capitalization of the cryptocurrency market has increased this week. The market has seen an increase in Bitcoin’s price, but its market cap has also seen an influx as…

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Cardano Price Prediction As ADA Spikes Up 0.8%

As of this writing, the price of Cardano (ADA) is in a precarious position. Cardano is trying to strike the balance between the significant gains made in the previous week and the possibility of experiencing a decline below the crucial level of $0.40. It is worth mentioning that the recent lack of massive fluctuations in…

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FTX Japan Finally Announces Resumption Of Withdrawals For Users Starting February 21

FTX Japan has dropped another update on the fund’s withdrawal matter for Japanese users. It comes as a huge surprise for the entire crypto investment community that such a major announcement has been made by FTX Japan. It is the Japanese arm of the FTX exchange, which went bankrupt in the last quarter of 2022.…

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Solana Sees Massive Increase In Its Trade Volume

Solana is the world’s famous smart contract-based decentralized cryptocurrency exchange. The developers of Solana also developed the Solana (SOL) cryptocurrency token which is also known as the native cryptocurrency of the Solana blockchain. According to the data most recently Solana’s trade volume surged by almost $830 million on Thursday. This accounted for the second-highest trade…

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FTX Japan Makes Yet Another Promising Announcement For Its Japanese Users

FTX Japan officials have just made a major announcement for users based in Japan. FTX Japan is the Japanese subsidiary of the FTX exchange that also went out of business as the mother brand filed for bankruptcy. FTX Japan Went Down Just as the FTX exchange filed for bankruptcy, the regulatory authorities in Japan took…

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Elon Musk Makes A Joke About FLOKI, Its Price Flies Tremendously

As per the latest market trends, the trading price of FLOKI, a meme-based cryptocurrency has recorded a major boost. The crypto market data shows that the asset’s price has been pushed up significantly and it is all thanks to Elon Musk. FLOKI Price Shoots Up by 41% As per the on-chain data analytics, the trading…

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Artificial Intelligence Stocks Rise On ChatGPT Hype

This year has seen a rise in stocks of small artificial intelligence groups due to the hype related to ChatGPT and a number of other generative AI models. It has prompted analysts to issue a warning about a ‘speculative’ bubble in the market, which could result in serious consequences once the hype dies down. Generative…

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No Exact Date Of Launch For Shibariaum, Says Lead Developer Of Kusama

As the New Year has begun, the cryptocurrency, especially the Shiba Inu communities are excited about the upcoming launch of Shibarium. According to Shytoshi Kusama, the lead developer behind the development of Shiba Inu, Shibarium is to be the layer-2 network for the Shiba Inu network. As Shiba Inu has a strong history and has…

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Crypto Experts Speculate SEC’s Latest Actions Against Bitcoin To Be Coordinated Attacks

Currently, the US crypto market is facing immense pushback from financial regulatory authorities. One of the main reasons for the latest string of cases is that crypto exchanges are offering a staking feature. The Securities and Exchange Commission has decided to roll out regulations with regard to staking. Unfortunately, crypto investors and experts don’t agree…

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Shopify Releases Blockchain Tools For E-Commerce Merchants

Merchants on Shopify who are utilizing non-fungible tokens now have the power to control who is granted access to unique merchandise, special NFT releases, and exclusive perks through tokengating tools. These tools allow merchants to determine which token holders are eligible to access specific benefits, allowing them to create a more customized and personalized experience…

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Despite Getting Into Trouble With SEC, Trading Volume Of Kraken Is Still Very High

The trading volume for the Kraken cryptocurrency exchange has experienced a significant push in the past 24-hours. The market analysis report shows that the trading volume for the cryptocurrency exchange has been pushed up by almost 15% in the mentioned period. Given the recent developments with the exchange, it is quite remarkable that the trading…

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Market Capitalization Of Ethereum NFTs Witnesses A Huge Decline In 2022

The performance of the entire crypto industry was on the edge throughout the year 2022. Every segment that the cryptocurrency industry has to offer faced major declines. Even the non-fungible token (NFT) sector that had recorded huge gains in the year 2021 saw its performance take a huge fall in 2022. The year 2022 is…

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Privacy Token Operations Are Not Allowed, Says Dubai’s Crypto Regulator

The cryptocurrency and virtual asset regulatory authority in Dubai are not showing any kind of flexibility or leniency towards private coins. The reports suggest that the virtual asset regulator in Dubai has prohibited any kind of activities involving the privacy coins. VARA Prohibits Privacy Coins The Virtual Assets Regulatory Authority (VARA) is the crypto regulator…

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Graph Token Upswings By 38%, Is It Still A Good Investment

It is true that January 2023 was a fortunate month for the entire cryptocurrency industry but the same can’t be said for February 2023. In the second month of the year, the overall cryptocurrency market trend turned bearish. Most of the cryptocurrencies have started to experience a decline in their values. Therefore, the entire cryptocurrency…

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