TL;DR AKT is the best performer amongst the top 100 cryptocurrencies by market cap today, adding 54% to its value. Algotech’s presale is approaching the $4 million mark as more investors troop into the project. AKT leads the market charge The cryptocurrency market has been performing well since the Bitcoin halving on Friday. However, Akash […]
Telefonica’s Green Footprint Buying these NFTs supports sustainability and environmental preservation. Funds are used to promote renewable energy, sustainable agriculture, and water conservation, with a particular focus on improving practices in the coffee industry. The ‘Green’ collection champions environmental sustainability through its offerings, which range from the delicate aroma of Geisha variety to the rich […]
The Commodity Futures Trading Commission (CFTC) has fined crypto trading firm FalconX a total of $1.7 million. CFTC said the penalty relates to the Seychelles-based brokerage platform’s failure to register as futures commission merchant (FCM). In a press release, the Commodity Futures Trading Commission (CFTC) notes that the filing and settling of charges against Falcon Labs […]
Share this article Crypto hardware wallet manufacturer Trezor announced today the discontinuation of the coinjoin feature in its Trezor Suite. The service, provided in partnership with zkSNACKs, the developer of the Wasabi Wallet, will cease by June. Despite the shutdown, Trezor assures users that funds within Coinjoin accounts will remain accessible. Coinjoin in Trezor will […]
Digital assets investments said the first inflow in five weeks with $130 million of net gains over the past week. Interestingly, the lack of action from US regulators regarding spot Ethereum ETF applications has sparked speculation that approval won’t happen soon, and this has resulted in significant outflows for Ethereum in the same timeframe. Investors […]
Understanding Seller Exhaustion Crypto market analytics firm Glassnode Insights has introduced a new framework for assessing seller exhaustion across multiple timeframes. The framework, which uses Glassnode’s new Breakdown Metrics, allows for the discrete isolation of points of severe unrealized loss and investor capitulation. During a bull market regime, long-term investors […]
Ethereum remains under immense selling pressure, shaving over 30% from March 2024 highs. With prices recently dropping below $3,000 and sellers doubling down, there could be no reprieve for optimistic buyers in the sessions to come. Analyst Expects One More “Washout” To $2,700 Taking to X, one analyst notes that the coin is still bearish and […]
Key Takeaways Arbitrum has launched a second Ethereum Layer 2 chain called Arbitrum Nova. Arbitrum developer Offchain Labs has said that the new chain is optimized for low-cost and high-transaction volume use cases like gaming and social projects. The developer has also partnered with Reddit to onboard its community points system to Ethereum. Share this […]
Despite the ongoing rise, Ripple (XRP) price is still susceptible to a drop since the broader market cues and participation are declining. This could result in XRP failing to breach a crucial level, which, as a support level, could trigger a rise. Ripple Investors Back Off XRP price could potentially see the bearish effects of the investors […]
Share this article Pre-token trading platforms are still an unpredictable market for buyers and sellers, according to a recent Keyrock report. Despite offering early access to tokens before they launch, data gathered by Keyrock suggests few buyers find profits in these platforms. Nevertheless, the speculation around the token price serves as a crucial barometer for […]
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