Democrats are intensifying efforts to boost Vice President Kamala Harris’ presence in the cryptocurrency industry as the November US elections approach. In response to increasing support for Republican presidential candidate Donald Trump from the crypto sector, the Democrats have established…
Despite Bitcoin’s sudden crash below $50,000, triggering concerns in the market, banking giant JPMorgan Chase expressed optimism about a potential buy-the-dip opportunity. Aligning with JPMorgan’s stance, the cryptocurrency staged a quick recovery, rebounding to the $55,000 level and triggering liquidations…
Investors are on edge after the broader crypto market suffered with its most severe three-day downturn in almost a year. The digital asset market shed a staggering $510 billion in value since August 2nd, mirroring a broader decline in traditional…
Movement Labs, an Ethereum layer-2 network, has announced a strategic partnership with Polygon Labs to enhance blockchain interoperability and liquidity. The integration with Polygon’s AggLayer will enable unified liquidity across Move Virtual Machine (MoveVM)-based layer-2 chains, AggLayer-connected chains, and the…
The Ethereum Foundation has transferred its entire stake in TAIKO tokens to Bitcoin Suisse, a leading institutional cryptocurrency platform. This significant move follows the successful launch of Taiko, a Layer 2 scaling solution built on Ethereum, on 27 May 2024….
In a recent survey conducted within the Reddit community, creditors of the Japanese cryptocurrency exchange Mt. Gox which collapsed into bankruptcy a decade ago, are reluctant to sell their Bitcoin payouts. More than 50% of the creditors are willing to…
Bitcoin (BTC) is extending its rally surging past $58,803.18 today, marking a 1.38% intraday gain. This rally comes just days after the cryptocurrency hit a five-month low. This rebound comes despite the recent sell-off of Bitcoins by the German government….
Bitcoin mining leader Riot Platforms has taken a new approach in its attempt to acquire rival Bitfarms, launching a website and nominating new board members to push for improved corporate governance at the Canadian company. This significant shift in strategy…
In a surprising turn of events, the cryptocurrency market staged a comeback today, spearheaded by a surge in meme coin prices. After a dismal performance yesterday, meme coins like Dogecoin, Shiba Inu, Pepe Coin, and WIF skyrocketed by over 5%,…
The cryptocurrency market continues its downward spiral, with Bitcoin slump in focus. The world’s most popular digital currency dropped to its lowest price since February today, settling at $53,485.93. However, it appears to have recovered some lost ground. Despite this…
