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PEPE Token Continues Downward Spiral, Registers 60% Drop From All-Time High
11.5.2023
The meme-based token pepe (PEPE) has experienced a 14.9% decline against the U.S. dollar over the last 24 hours, continuing its downward trend from the last five days. Thus far, PEPE has seen a 60% drop in value from its all-time high on May 5. Rival Meme Tokens Challenge PEPE’s Dominance...
Avorak AI predicts massive correction in PEPE coin following hyper over-extension
11.5.2023
The cryptocurrency market has been known for its volatile nature, with sudden price swings being common. Recently, there has been a surge in interest and investment in PEPE coin. However, according to Avorak AI analysis, the coin may be experiencing hyper over-extension, and a massive correction...
Binance’s VC Arm, With Over 200 Investments, Focuses on 'Explosive' Potential for Web3
11.5.2023
Binance Labs has grown its assets to $9 billion from $7.5 billion despite a bear market and the post-FTX collapse turbulence
Robinhood's Crypto Revenue Down 30% Year-Over-Year in Q1
11.5.2023
The trading platform also reported holding around $11.5 billion worth of crypto in assets under custody, an increase of 36% compared to the figure of $8.4 billion for Q4 2022
Bitcoin Network Starts to Clear Congestion, Onchain Fees Drop by 90%
11.5.2023
On May 7, 2023, the Bitcoin network was plagued with an overwhelming 500,000 unconfirmed transactions, causing a major bottleneck in the system. However, the good news is that the congestion has been clearing, resulting in a significant reduction in onchain fees, which have now dropped below $5....
Shiba Inu Price Prediction as SHIB Spikes Up 5% From Recent Bottom – Is the Sell Off Over?
11.5.2023
The price of Shiba Inu (SHIB) has gained by as much as 5% today, with the meme token dropping to $0.00000877 earlier this morning before rising as high as $0.00000916.
SHIB's current price of $0.00000894 means that it has dropped by 11% in a week and by 20% in the last 30 days, although...
A ‘Tremendous Variety of Possible Transaction Types’ — A Look at the Conversation Between Nakamoto and Andresen
11.5.2023
The Bitcoin mempool, otherwise known as the network’s transaction backlog, is still clogged with over 390,000 transactions waiting to be processed by miners. To clear the mempool, more than 190 blocks need to be mined. As the scaling issues continue to plague the network, a conversation between...
Grayscale Seeks ETF Expansion Amid Ongoing Legal Battle over Spot Bitcoin Fund
11.5.2023
In a sign of dedication to its efforts to launch a spot Bitcoin Exchange Traded Fund (ETF) in the US, Grayscale Investments is trying a new approach.
The digital asset manager, currently the world’s largest, announced on Wednesday the formation of a new trust, Grayscale Funds Trust.
The...
Iran Shuts Down Over 8,000 Illegal Crypto Mining Farms in 3 Years
10.5.2023
Authorities in Iran have closed down more than 8,000 underground facilities for cryptocurrency mining in the past three years, local media reported. Despite the government’s crackdown, illegal crypto mining continues to account for a serious amount of energy consumption, official figures suggest....
Arbitrum's DAO to receive over 3,350 ETH revenue from transaction fees
10.5.2023
Proceeds come from base fees and surplus revenue generated from network transactions. The incentive follows a recent clash between Arbitrum's team and its community
ParaSpace team clashes with CEO over alleged whereabouts of protocol funds
10.5.2023
Protocol developers demand that CEO and CTO Yubo Ruan step down, while Ruan has accused the development team of an "illegal takeover."
Experts: Add Collateral Network to portfolio as Gala & The Sandbox fail to give profit
10.5.2023
The crypto world is struggling to come out of a prolonged bearish phase, so it has received major support from Collateral Network (COLT). Collateral Network is projected to grow by 3500% before its presale ends. Hence, experts recommend Collateral Network over the loss-making Gala (GALA) and...
Philippines Law Enforcement Busts Crypto Scam Center, Over 1,000 Human Trafficking Victims Rescued
10.5.2023
Over 1,000 human trafficking victims were recently rescued from a “fraud factory” in Mabalacat, a town located nearly 90 kilometers northwest of Manila, Philippines law enforcement has said. Michelle Sabino from the Philippine National Police Anti-Cybercrime Group said trafficking...
Three Arrows Founder Su Zhu Obtains Singapore Restraining Order Against Arthur Hayes Over 'Harassment'
10.5.2023
Redfall’s Single-Player Is No Prey Or Dishonored
9.5.2023
At this point, saying Redfall ain’t that great of a time is hardly a new or hot take. But, to be fair, it kind of felt like the stakes were out for developer Arkane’s co-op infected immersive sim even before its release. So is our collective disappointment just a self-fulfilling prophecy? Are...
Ordinals inscriptions approach 4.8M, nearly doubling in just over a week
9.5.2023
The BRC-20 token frenzy has seen the number of Ordinals inscriptions on the Bitcoin network soar 92% in 8 days
Concern over banking crisis reaches levels unseen since 2008 — Poll
9.5.2023
According to a recent poll from Gallup, nearly half of Americans polled expressed concern about the safety of their money deposited with banks
Crypto Exchange Bittrex Enters Chapter 11 Bankruptcy Protection Following SEC Lawsuit
9.5.2023
Bittrex Inc., the U.S.-based cryptocurrency exchange, has filed for Chapter 11 bankruptcy protection in Delaware after being sued by the U.S. Securities and Exchange Commission for failing to register with the regulator. The exchange reportedly has over 100,000 creditors and liabilities ranging...
Ripple CEO Says Company Spends $200 Million Fighting SEC Lawsuit Over XRP, Ruling Could Come in 3 Months
9.5.2023
Ripple CEO Brad Garlinghouse has revealed that his company is spending $200 million defending itself against the SEC in its lawsuit over xrp. The executive expects a decision on the lawsuit in three to six months. “If we win the lawsuit, it’ll be clear what xrp is, but the rest of...
Study Reveals Top Countries Fueling Meme Coin Interest in 2023
8.5.2023
In 2023, meme coins have maintained their popularity, and the recent surge of PEPE demonstrates that investors remain enthusiastic about meme-centered tokens. A fresh study from Coingecko reveals that a significant portion of meme coin fascination originates from the United States, India, and...