Ethereum, one of the leading cryptocurrencies, is presently caught in a state of market ambivalence, trading between $2,650 and $2,750 over the past week. This lateral movement reflects a broader ambiguity among investors regarding Ethereum’s immediate future. While bulls are aiming to reclaim the pivotal $2,800 threshold, their efforts are thwarted by selling pressure that
The cryptocurrency market is experiencing a downturn, with total market capitalization slipping approximately 3% over the past day, now standing at $3.24 trillion. This recent decline serves as yet another chapter in the ongoing saga of cryptocurrency volatility, particularly impacting altcoins, which have struggled significantly this month. However, historical data highlights that February often serves
In the rapidly evolving landscape of cryptocurrency, few narratives are as compelling and instructive as that of Samuel Edyme, known in digital circles as HIM-buktu. A multifaceted web3 content creator, Edyme has navigated the tumultuous waters of the crypto world with a blend of keen insight and an unyielding spirit. His journey is marked not
Ethereum is currently positioned at a pivotal point in its trading history, grappling with significant selling pressure that jeopardizes its ability to stabilize around critical price levels. As traders watch anxiously, the cryptocurrency has encountered turmoil around the $2,800 threshold—a value that has previously acted as both resistance and support. The ripple effects of this
The cryptocurrency market, with Bitcoin at its helm, has seen a turbulent yet intriguing journey, and the upcoming months could significantly shape its trajectory. The concept of the “sell in May effect,” a term borrowed from traditional finance, is garnering attention as market analysts weigh its applicability to Bitcoin (BTC). The implications of this phenomenon
The world of cryptocurrencies, while heralded for its potential to democratize finance, has also become a fertile ground for deception and criminality. Richard Teng, the CEO of Binance, recently shed light on a sophisticated scam known as the “share-seed-phrase” scheme, which highlights the evolving nature of fraud in the digital asset space. Unlike traditional phishing
The cryptocurrency community is abuzz with excitement as the long-anticipated creditor payouts from the FTX bankruptcy proceedings are set to commence. On February 18, the FTX estate will begin distributing payments to creditors, specifically targeting those with smaller claims—those amounting to $50,000 or less. This development marks a significant event following a protracted period of
In an ambitious attempt to tackle government spending inefficiencies, the Elon Musk-led Department of Government Efficiency (DOGE) has turned its spotlight on the U.S. Securities and Exchange Commission (SEC). Announced in a social media post on February 17, DOGE’s initiative seeks to crowdsource insights from the public about potential waste or unethical practices within the
The decentralized finance (DeFi) landscape continues to evolve, and Hyper Foundation has taken a monumental step forward with the launch of HyperEVM, an innovative layer designed to integrate general-purpose programmability into its existing financial ecosystem. As the parent entity of the widely-used DeFi protocol, Hyperliquid, the foundation aims to expand its horizons and enhance user
In the ever-evolving landscape of cryptocurrency, few incidents have highlighted the vulnerabilities within the system as starkly as the recent LIBRA token controversy. The events surrounding this meme coin support the pressing need for reforms and greater accountability in a space known for both its potential and its risks. Alon Cohen, co-founder of the meme
