The total crypto market capitalization (TOTAL) notes that the outflow is worth billions of dollars due to a sudden surge in selling. Bitcoin (BTC) and altcoins are experiencing the same bearish impact of this selling, with Notcoin (NOT) leading the latter. In the news today:- The Total Market Cap Drops The total crypto market cap is witnessing the brunt of …
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Binance Coin (BNB), the native token of the world’s largest crypto exchange Binance, recently hit an all-time high of $725 on June 6th, the first week of exchange founder Chagpeng Zhao’s (CZ) four-month prison sentence in the US. According to a Bloomberg report, this price rally for the Binance Coin has made CZ the richest person ever to serve time …
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ZKSync has announced the distribution of 17.5% of its ZK token supply through an airdrop. This marks a pivotal step in engaging its community in the protocol’s future development. ZKSync, an Ethereum layer-2 scaling solution, enhances scalability and reduces transaction costs using zero-knowledge (ZK) proofs. Users Complain Not Being Eligible For ZK Airdrop The ZK token facilitates network fee payments …
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On-chain data shows the XRP whales have made some large outflows from the Binance exchange, a sign that may be positive for the asset’s price. XRP Whales Have Made Some Transactions During The Past 24 Hours According to data from the cryptocurrency transaction tracker service Whale Alert, a few large transactions have been spotted on the XRP network during the …
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After struggling to reach key resistance at $0.522, ADA has managed to break an important support level. This shift indicates a potential continuation of the bearish trend, with significant implications for future price action. Cardano Breaches Critical Technical Support The recent price action has seen ADA break below the critical support level at $0.458 and test the important support at …
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Bitcoin’s price stability below $70,000 over the past months has sparked various speculations and analyses among traders and investors. While the crypto community grapples with the cryptocurrency’s lackluster performance, notable crypto figures like Samson Mow and Adam Back have presented their perspectives, offering a hopeful outlook for the future of Bitcoin’s valuation. Analyzing The Factors Behind BTC Price Behavior Samson …
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Uniswap Labs made a significant move into the blockchain gaming industry with its recent acquisition of ‘Crypto: The Game’ (CTG), an on-chain survival game. Notably, the second season of CTG witnessed unprecedented success, with all 800 available spots selling out within a mere 13 minutes. Recognizing the game’s popularity among both the core crypto community and outsiders, Uniswap Labs announced …
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The Financial Conduct Authority (FCA), the UK’s financial regulator, has issued an urgent warning about Digital Assets Nest, a crypto investment firm. The FCA warns that this firm is promoting financial services without proper authorization, posing significant risks to investors. FCA Flags Digital Assets Nest as an Unauthorized Crypto Firm In its warning about Digital Assets Nest, the FCA advises …
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