The crypto market has been on a rollercoaster ride lately, and it seems like many investors are feeling the effects. A recent survey by CoinGecko found that less than half of crypto holders are still feeling optimistic about their investments. Bullish Sentiment Drops The survey, conducted between June 25th and July 8th, polled 2,558 crypto…
Bitcoin has been on a bit of a rollercoaster lately, but some analysts think it might be about to take off. Losing Money, But Maybe Not for Long A key indicator, called the Profit/Loss Margin, shows that Bitcoin traders are currently losing money. This is a sign that the market is bearish, meaning prices are…
The legal battle surrounding Tornado Cash, a cryptocurrency mixer, continues to make waves in the blockchain world. The case of Alexey Pertsev, a developer arrested for money laundering related to the platform, is raising serious questions about the responsibility of coders for how their software is used. Pertsev’s Ongoing Legal Battle Pertsev, a 31-year-old Russian…
Donald Trump has been making headlines in the crypto world lately, and this time it’s not because of his political views. After surviving an assassination attempt, the price of several memecoins based on his image skyrocketed. Memecoins Go Up, Up, Up Videos of the incident showed Trump dropping to the ground after being shot while…
A Chicago businessman, Jeff Benach, is accusing JPMorgan Chase of failing to protect him from a fraudulent scheme that drained $40,000 from his business account. The Ghost Merchant Strikes Benach hired a Canadian company to create some renderings for his housing development business. He wasn’t happy with the results but offered to pay for the…
A popular crypto analyst thinks a memecoin called Brett (BRETT) could be about to take off again, even after a recent dip. Brett’s Big Run Brett has been on fire, gaining a whopping 13,000% since February! This little coin, which lives on the Base network, has a market value of $1.16 billion right now. The…
Ethereum staking is booming! According to data from Santiment, over 33% of all Ethereum (ETH) is now being staked, which is more than triple the amount staked just two years ago. This means that over 47 million ETH, worth about $147 billion, is locked up in a prominent ETH staking platform. What is Staking? Staking…
BNB Chain, a popular blockchain platform, has lost a whopping $1.64 billion in crypto assets since its launch in 2020, according to a new report from cybersecurity firm Immunefi. Millions Lost to Hacks and Fraud The report reveals that over $1.27 billion was stolen in 168 separate hacking incidents, while another $368 million was lost…
The crypto market is in for a bumpy ride in the coming months, according to top industry analysts. While the market saw some positive momentum earlier this year, the second and third quarters have been rough. Choppy Waters Ahead Coinbase, a leading cryptocurrency exchange, predicts that the market will remain volatile throughout the third quarter….
Binance, the world’s largest cryptocurrency exchange based on trading volume, has come a long way in its seven years. Despite facing numerous regulatory challenges and legal hurdles, the platform has persevered and emerged stronger. A Milestone Marked by Growth and Resilience This week marks Binance’s 7th anniversary, a significant milestone considering the intense scrutiny and…
