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Ethereum Validator Queues for Entry and Exit Positions Drop to New Record Lows: Report
16.10.2023
The Ethereum network’s validator queue is empty for the first time since the Shanghai update in May, signaling that investor demand for Ether staking is plummeting.
According to blockchain data report from Validator Queues, merely a few validators are in the Ethereum network entry and exit queue...
Banking Scams Overtake Crypto Frauds in Ireland
16.10.2023
Fraudsters targeting victims in Ireland are increasingly posing as bank officials rather than crypto promoters, the local press reported quoting police. Amid the growing trend, Irish investors have lost millions of euros to this type of schemes this year, with law enforcement authorities having...
Meme Coin Market Plummets $3.2 Billion in 2023: Dogecoin and Shiba Inu Lead Declines
15.10.2023
Data reveals that the meme coin market has diminished by over $3 billion in value since the dawn of 2023. The leading meme coin by market cap, dogecoin (DOGE), saw a decrease of $2.46 billion from January onwards. Concurrently, shiba inu (SHIB) experienced a drop of approximately $1.22 billion over...
Bitcoin Hashrate to Drop by 20% After Next Halving Event: JPMorgan
12.10.2023
JPMorgan has predicted a potential 20% drop in the Bitcoin (BTC) Network Hashrate following the next halving event scheduled for April 2024.
"We estimate as much as 80 EH/s (or 20% of the network hashrate) could be removed at the next halving (April '24) as less-efficient hardware...
Jim Cramer's Bitcoin Prediction: Prepare for a Sharp Drop – Best Counter Indicator?
11.10.2023
Jim Cramer, the well-known host of CNBC’s Mad Money show, has raised eyebrows with his recent Bitcoin (BTC) forecast.
Known for his sometimes erratic and often wrong financial predictions, Cramer shared his skeptical outlook on number one cryptocurrency during a recent guest appearance on the...
Bitcoin Hovers Over $27.5K, Crypto Bulls Face $100M Liquidations as Altcoins Drop
10.10.2023
The ongoing conflict in the Middle East impacted prices of riskier assets, such as bitcoin, on Monday
NFTs Can’t Catch a Break as Protracted Drop in Sales Continues
8.10.2023
For the seventh week straight, non-fungible token (NFT) sales have slipped further. In the last week alone, NFT transactions totaled $66.11 million, marking an 11.65% decline from the previous week. NFT Sales Bleed Out: The Unrelenting Seven-Week Descent Although the broader crypto market...
Investors drop class-action lawsuit against Terraform Labs and Do Kwon
2.10.2023
The dropping of the suit came amid Terra facing a lawsuit brought by the U.S. Securities and Exchange Commission and Do Kwon possibly nearing the end of his sentence in Montenegro
Biggest Movers: XRP Rebounds on Friday, Following Recent Decline
22.9.2023
After being the victim of a red wave on Thursday, XRP rebounded in today’s session, as crypto bulls remained resilient. The global market cap is up by 0.40% at the time of writing, following a 2% drop yesterday. Stellar was another strong mover on Friday, and is currently up 2.25% XRP...
Sam Bankman-Fried's Alameda Research Allegedly Linked to 2021 Bitcoin Price Plunge
21.9.2023
The Bitcoin price experienced an abrupt and unexplained decline of 87% on October 21, 2021, and new information suggests that Sam Bankman-Fried's Alameda Research may have been the culprit.
Today, a former employee came forward to shed light on the company's internal operations, claiming that...
Biggest Movers: SHIB Bears Snap 3-Day Win Streak, TON Profit Takers Swoop In
21.9.2023
Shiba inu bears ended a three-day bull run on Thursday, as a red wave swept over cryptocurrency markets. Today’s drop comes as the global crypto market cap fell by as much as 1.50%. Toncoin also slipped, as profit takers moved to secure recent gains. Shiba Inu (SHIB) Shiba inu (SHIB) moved lower...
Bitcoin’s 87% Drop in 2021 Was Caused by Sam Bankman-Fried's Alameda, Ex-Employee Claims
21.9.2023
An ex-Alameda employee claims a trader at the firm punched in a wrong decimal which led to bitcoin's 87% drop on Binance.US in 2021
Apple, Goldman Sachs drop plans for trading app: Report
20.9.2023
Initial plans called for a 2022 rollout, but economic conditions caused the project to be reportedly shelved last year
Binance Sees Big Drop in Bitcoin Trading Volume Amid SEC Scrutiny
20.9.2023
Binance has seen a massive drop in Bitcoin trading volume this month according to new data from K33 Research. A new report revealed that the platform's 7-day average spot trading volume for Bitcoin has plummeted by 57% since the beginning of September.
The drop stands out when compared to...
North Korean Hackers Use Russian-Based Exchanges to Launder Stolen Crypto, Report
17.9.2023
Hacking groups linked to North Korea are increasingly using exchanges in Russia to launder crypto, Chainalysis revealed. The shift in their strategy, registered by the blockchain forensics firm, coincides with a drop in the value of the stolen cryptocurrency this year in comparison with...
Bitcoin, Ethereum Technical Analysis: BTC Retreats From Recent High, ETH Consolidated Gains
16.9.2023
Bitcoin retreated from a recent multi-week high on Saturday, as sentiment shifted bearish to start the weekend. The drop comes following a four-day win streak, leading many to see today’s declines as profit-taking. Ethereum was marginally higher. Bitcoin Bitcoin slipped from a two-week high...
Ethereum Merge anniversary — 99% energy drop but centralization fears linger
15.9.2023
Energy use is down, and staking is up, but technical concerns still mark the road ahead for the second-largest cryptocurrency by market cap
Bitcoin, Ethereum Technical Analysis: BTC Hovers Near 2-Week High, Ahead of US Retail Sales Report
14.9.2023
Bitcoin neared a two-week high on Thursday, as markets looked ahead to today’s retail sales report in the United States. Sales are expected to rise by 0.2% in August, a drop from a 0.7% increase the month before. Ethereum remained in the green, moving back above a key support point earlier...
Study: Weekly Digital Asset Investment Outflows Hit $59M; BTC Sees Largest Drop
12.9.2023
In the first week of September, an outflow of $59 million worth of digital assets managed by Digital Asset Funds was recorded, the latest Coinshares data has shown. The latest outflow means the value of digital asset investment products under management has dropped by a total of $294 million...
Solana Price Prediction as Rumors Emerge of FTX Dumping Tokens – Can SOL Drop Below $10?
11.9.2023
The price of SOL has dropped by 3% in the past 24 hours, falling to $17.72 after speculation emerged that FTX is readying itself to offload its Solana-related holdings.
SOL is now down by 10% in the past week and by 27% in the last 30 days, although the altcoin remains up by 77% since...