The ongoing legal tussle between former pharmaceutical executive Martin Shkreli and the NFT collective PleasrDAO highlights the complexities and contentious nature of ownership in the evolving landscape of digital assets. Shkreli, notoriously known for his controversial and often abrasive demeanor, has once again found himself at the center of a legal storm due to his
Crypto
The cryptocurrency market has recently been characterized by substantial downturns. With prominent assets such as SUI plummeting into red territory and others like BNB and DOGE registering minimal gains, one might assume that the entire sector is on a downward trajectory. However, amid this unfavorable backdrop, Ripple’s native token, XRP, has emerged as a significant
The year 2024 marked a transformative phase for the cryptocurrency ecosystem, characterized by the phenomenal ascendance of Binance, a leading centralized exchange. Capturing an impressive 39% market share, Binance has solidified its position as a trailblazer in the sector. An end-of-year analysis reveals that the exchange not only achieved remarkable growth but also set new
Recent developments in the cryptocurrency landscape reflect a significant shift in attitudes among U.S. financial advisors. Following Donald Trump’s return to the political spotlight with the 2024 election, a survey conducted by Bitwise indicates an increased optimism towards crypto investments. This article delves into the survey’s findings, reveals the underlying trends, and explores the implications
The cryptocurrency market experienced a tumultuous week that left many investors on edge. Initially, Bitcoin (BTC) charged past the $102,000 mark, prompting a sense of optimism among traders. However, this euphoria was short-lived, as BTC plummeted by over $10,000 within just 48 hours, hitting multi-week lows that sent ripples across the altcoin landscape. Notably, popular
In a notable advancement for the cryptocurrency sector, Nevada’s CleanSpark has surpassed 10,000 BTC in its treasury, signaling substantial growth within the Bitcoin mining landscape. This impressive figure is attributed entirely to its operations based in the United States, embodying a strategic commitment to local resources. The boost in holdings represents an extraordinary year-over-year increase
Shiba Inu’s latest reward token, TREAT, is set to be launched on January 14, 2025, igniting a wave of enthusiasm within the cryptocurrency community. This token has been strategically designed to function as a reward mechanism within the Shiba Inu ecosystem, and it aims to enhance liquidity for the forthcoming SHI stablecoin. The excitement surrounding
The United States Senate Banking Committee is on the verge of creating a dedicated subcommittee focused on cryptocurrency, under the chairmanship of Tim Scott. This initiative reflects a significant shift in the legislative landscape concerning digital assets. The nomination of Senator Cynthia Lummis to helm the subcommittee has been confirmed, though it is pending a
The cryptocurrency landscape often resembles a volatile sea, subject to wide swings in value and sentiment. Over the past week, this volatility has been particularly pronounced, as cryptocurrencies collectively lost approximately $200 billion in market capitalization. Bitcoin, the trailblazer of the crypto world, has seen its price plummet, reflecting broader concerns about economic stability and
This week’s analysis of the cryptocurrency market highlights significant movements and patterns in major players like Ethereum (ETH). Despite a strong attempt to breach the $3,600 mark, Ethereum faced robust selling pressure that pushed it back to critical support at $3,200. The recent 4% week-on-week decline raises concerns about the asset’s ability to maintain upward
