Crypto News
Tech Friendship Gone Sour: Price Plummets as Team Loses Control of Smart Contract
Unprecedented Token Crash: The Impact of Friend.tech’s FRIEND Token Price Drop Friend.tech’s native token, FRIEND, has suffered a dramatic price drop after the platform’s development team transferred control of its smart contracts to a known burn address dubbed Ethereum’s null address. This unprecedented move, coupled with declining market confidence, has caused the token’s value to…
Shiba Inu (SHIB) Goes Wild: A Look at the Extreme Levels and What’s Causing the Craze
Why Shiba Inu’s On-Chain Activity is Declining The Current State of Shiba Inu With trading volume and large transaction metrics at all-time lows, Shiba Inu is going through a difficult time. Even though SHIB’s price has been doing fairly well these past few weeks, there appears to be less market interest, as evidenced by the…
Unleashing the Truth: Asian-Origin Bitcoin and Ethereum ETFs Struggle Amidst Volatility and US Regulations
The Rise and Fall of Cryptocurrency ETFs in Hong Kong Underwhelming Performance and Lack of Interest The first-ever cryptocurrency exchange-traded funds (ETFs) that were introduced in Hong Kong earlier this year have experienced subpar performance and a lack of investor interest, despite the initial excitement surrounding their launch. A recent report by Nikkei Asia revealed…
Bitcoin’s Wild Ride: Buckle Up for US Employment Data!
Bitcoin’s recent price movements have been anything but stable Eagerly awaiting August’s U.S. employment data Bitcoin has been on a wild ride lately, with its price swinging up and down like a yo-yo. Investors are anxiously awaiting the release of August’s U.S. employment data, hoping it will provide some clarity and stability to the market….
Why Investing in a BTC ETF May Not Be the Best Choice: Insights from Bitcoin Critic Peter Schiff
Gold proponent Peter Schiff criticizes Bitcoin ETFs Bitcoin vs Gold: A Never-Ending Debate Once again, gold proponent Peter Schiff has taken a dig at spot Bitcoin exchange-traded funds (ETFs) and the performance of these products. The well-known Bitcoin critic claims that Bitcoin is a terrible investment due to its innate volatility and lack of intrinsic…
50 Million Dollars Laundered by Hackers Using Tornado Cash: A Tale of Cybercrime and Cryptocurrency Shenanigans!
Uncovering the Dark Side of Cryptocurrency: What You Need to Know About the Recent Hack Behind the Scenes of a Crypto Heist Picture this: Four hackers sitting in front of their computers, orchestrating a digital heist worth millions of dollars. These cybercriminals targeted popular cryptocurrency exchange WazirX, decentralized finance (DeFi) protocols Penpie and LiFi, and…
Bitcoin’s Fear and Greed Index Takes a Dive: What Does This Extreme Low Signal for the Market?
The Impact of Bitcoin’s Price Fall on Market Sentiment The Current State of the Cryptocurrency Market Bitcoin’s price recently experienced a significant drop below a critical support level, causing panic among investors and leading to a sharp decline in market sentiment. The Fear and Greed Index, a measure of investor sentiment in the market, hit…
Coinbase Wins Big: Judge Drops the Hammer on SEC in Epic Legal Showdown (And Cites Ripple Drama for Good Measure)
Delving Into the Coinbase vs. SEC Saga The Battle Begins Picture this: the digital currency exchange Coinbase is taking on the big guns, the U.S. Securities and Exchange Commission (SEC). It’s like watching a David and Goliath match-up, but in the cryptocurrency world. Last month, Coinbase made a bold move by filing a motion that…