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South Korean Bitcoin Premium Rises to 2.23% Amid Market Volatility
28.5.2024
This week, bitcoin’s price briefly exceeded $70,000 per coin before declining after the movement of Mt Gox bitcoins, yet the premium for bitcoin in South Korea has significantly increased. Having fallen below the 1% range, the premium on South Korean exchanges has now climbed to 2.23%....
Toncoin (TON) is testing crucial factors in 2024
28.5.2024
A total of two factors are banking against Toncoin (TON), contributing to the dip of 0.84% in the last 24 hours, effective at the time of writing this article. First, it is the reduced interaction of new users with the network. Second, it is the image of being a dark horse. It is imperative...
Solana Passes Proposal to Assign 100% of Priority Fees to Validators
28.5.2024
Solana validators have voted to pass Solana Improvement Document number 96 (SIMD-0096), which proposes that 100% of priority transaction fees will be awarded to validators. This breaks the current model that passes only 50% of these funds to validators, while the other half gets burned. According...
Former FTX Executive Ryan Salame Sentenced to 7.5 Years for Criminal Charges
28.5.2024
Former FTX executive Ryan Salame was sentenced to seven and a half years in prison by Judge Lewis Kaplan of the U.S. District Court for the Southern District of New York after pleading guilty to criminal charges, including engaging in an unlawful political influence campaign and operating...
Binance covertly sells Gopax’s share of claims in Genesis Global
28.5.2024
Binance has been responsible for covertly selling its subsidiary in South Korea, Gopax’s claims about Genesis Global, for half its value or even less. In 2023, Binance was known to be the biggest shareholder of Gopax, a prime cryptocurrency exchange in South Korea. In return for the buying...
Bitcoin Hashrate Hits Record High, Surpasses Pre-Halving Levels
28.5.2024
Bitcoin’s hashrate has rebounded to the historic highs seen just before the fourth reward halving event. According to the seven-day simple moving average, the network’s hashrate reached a record 657 exahash per second (EH/s) this week. Bitcoin Hashrate Reaches Unprecedented 657 EH/s...
Shiba Inu could register a 200% surge in the next 1 month
28.5.2024
The next 30 days are crucial for Shiba Inu ($SHIB). It will likely follow a macro trend and bank a growth of approximately 200%. In the next 5 days, it will first meet the psychological mark of $0.00003218 to set the stage for the trajectory. This comes as the crypto market comes out of its …
Floki Inu unveils a trading bot for token stability and market confidence
28.5.2024
The developers of Floki Inu have introduced a new trading bot to optimize trading efficiency and market liquidity, aiming to enhance the fundamentals of their cryptocurrency. This innovative tool aims to stabilize Floki Inu’s market presence and provide a more reliable trading environment...
Trump’s crypto wallet surges to $10M, Arkham reports
28.5.2024
In a twist of events that may interest many enthusiasts in the Global village of Cryptocurrencies, it was revealed that a crypto wallet associated with the former President and current Republican nominee for the President of the United States, Donald Trump, holds about $10 million...
Medical Tech Firm Semler Scientific Invests in Bitcoin, Acquires 581 BTC
28.5.2024
On Tuesday, the publicly traded medical technology firm Semler Scientific announced its decision to allocate bitcoin to its treasury. The company disclosed that it had acquired 581 bitcoins for a total of $40 million. Semler Scientific Embraces Bitcoin Joining the trend initiated by Microstrategy...
Record-Breaking Inflows: Digital Assets Surge as Investment Products Hit New Highs
28.5.2024
Digital asset investment products have experienced unprecedented inflows, totaling $1.05 billion this past week alone, pushing the year-to-date figures to a record $14.9 billion. This surge, highlighted in a recent Coinshares flows report, marks a continuous three-week rise, signaling strong...
Chainlink eyes $20 breakout amid market surge
28.5.2024
As most cryptocurrencies have experienced bearishness in the past several days, Chainlink has remained relatively stable and even spiked by 6% within the last 24 hours. At the time of writing, its price is 5.84% higher than its initial price in April and has risen to $18.21 with a market...
Bitcoin loses the momentum, ETH and SOL pick up their paces
28.5.2024
Bitcoin (BTC) was ideally tasked with sustaining the ongoing momentum. It was closer to surpassing the milestone of $70,000. Now, it has decided to retrace the tracks to $67,000. The target of $84,000 is still in sight, but it could be delayed comparatively. Meanwhile, Ethereum (ETH) and Solana...
Mt Gox Moves 141,686 BTC to Three Addresses, Consolidates 142,846 BCH
28.5.2024
Based on onchain metrics, the Mt Gox funds, once consolidated into a single address holding over $9.6 billion in bitcoin, have now been distributed to three separate addresses as of Tuesday morning. Mt Gox Funds Redistribution An examination of the onchain transfers from the Mt Gox bitcoin cache...
Crypto awareness key for US presidential candidates, says survey
28.5.2024
Seven out of ten respondents claim they have invested, and almost one in five (19%) say they hold cryptocurrency
Crypto whales and sharks stir as markets surge, major moves ahead
28.5.2024
Following a recent surge in cryptocurrency prices, the activity of so-called “whales” and “sharks” in the market has garnered significant attention from traders and analysts alike. These large-scale investors, known for influencing market trends, are now under the spotlight...
ChatGPT-coded memecoin reaches $638M market cap
28.5.2024
The Turbo memecoin surged by over 2,000% in the last three months, sending its market capitalization above $600 million
Pepe (PEPE) holders celebrate victory over Dogecoin (DOGE), but this crypto might steal the focus
28.5.2024
In meme coins, a fierce battle of who is on top constantly occurs between two popular rivals: Dogecoin (DOGE) and Pepe (PEPE). That’s why PEPE holders celebrated when they discovered they surpassed DOGE’s trading volume. However, another rising crypto is garnering the attention of investors...
Iggy Azalea distances herself from alleged scammer's $300K memecoin
28.5.2024
Azalea joins a growing list of celebrities unveiling ties to alleged serial scammer Sahil Arora as a project with the artist’s name nets $300,000 in presale
Swiss University Introduces 16-Day Bitcoin Course; Critics Question Exorbitant Fee
28.5.2024
The Zurich University of Applied Sciences has said it will kickstart a 16-day Bitcoin economy training course in March 2025. The short course aims to help students understand how bitcoin influences the financial system. Understanding Bitcoin’s Impact on the Financial System The Zurich...