Internet Computer (ICP) has been struggling lately, with its price dropping significantly. Many investors are feeling the pain and are looking for ways to protect their investments. ICP’s Recent Struggles ICP’s price has been on a downward trend, losing 6% in the past week alone. While it saw a small recovery, it’s still far from…
The meme coin world is a wild one, and right now, there’s a big fight going on between two big players: Pepe Coin and the newcomer, Mpeppe. Pepe’s Rough Ride Pepe Coin has been a big deal, but lately, it’s been struggling. The price has been going down, and even though it sometimes jumps up…
Ethereum (ETH) has been on a downward trend, falling 23% and hitting its lowest point for the year at $2,200. One big reason for this is that Ethereum has been underperforming compared to Bitcoin since September 2022, losing 44% of its value against Bitcoin. This has left investors wondering why Ethereum is struggling. What’s Holding…
A former JPMorgan Chase employee, Roberto Garcia, has been accused of stealing thousands of dollars from both customers and the bank itself. ATM Heist Garcia, who worked as a personal banker and ATM custodian in Miami, Florida, admitted to taking $12,732 from ATMs. The bank discovered the missing cash after conducting an audit in September…
The world of decentralized finance (DeFi) and non-fungible tokens (NFTs) saw some rough times in August, according to data from DappRadar. DeFi Takes a Hit The total value locked (TVL) in DeFi, which basically measures how much money is invested in DeFi projects, dropped by 14% in August. This decline is partly due to the…
The Dogecoin Foundation is giving us a sneak peek at their plan to make Dogecoin (DOGE) even bigger and better. They’ve released a “trail map” that shows off their progress so far and what they’re aiming for in the future. What’s on the Map? The Dogecoin Foundation has already made a lot of progress on…
Robinhood, the popular trading app, has agreed to pay $3.9 million to California to settle a lawsuit alleging it blocked users from withdrawing their cryptocurrency. The California Department of Justice (DOJ) investigated Robinhood and found that the company was breaking the law by: Not delivering crypto assets to customers after selling them. Forcing customers to…
Bitcoin is struggling to maintain its recent gains, with experts pointing to a decline in demand as the main culprit. Demand is Drying Up CryptoQuant’s head of research, Julio Moreno, has been tracking the situation closely. He says that various market indicators are showing a weakening demand for Bitcoin, with the 30-day sum of demand…
The Fed’s Interest Rate Cut: A Potential Catalyst for Bitcoin? With the Federal Reserve (Fed) getting ready to cut interest rates, everyone’s talking about what this could mean for Bitcoin. One crypto expert, Apsk32, thinks Bitcoin might act like it did back in 2019 after the Fed cut rates then. A Peek into the Past:…
Short-Term Holders Feeling the Heat Bitcoin’s recent price drop has been tough on people who bought Bitcoin recently. A report by Glassnode, a crypto data company, shows that many of these short-term holders are now losing money. What’s Happening? Short-term holders are losing money: They bought Bitcoin when the price was higher, and now it’s…
