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Aptos native token has joined the current altcoins recovery with 15% gains in the last 24 hours. However, the price has remained trapped in a tight range as it continued to maintain a bearish trend daily. APT’s price appeared to have reached a crucial trading area on the daily chart since the price fell to … Read more
The Ethereum Foundation has announced that Devconnect, an Ethereum-focused gathering of developers and the crypto community, will be held in Buenos Aires later this year. Due to the natural alignment of Argentina with Ethereum, the foundation has decided to especially support the local community in order to “bring Argentina on-chain.” This year’s Devconnect will feature … Read more
Last week marked a significant shift in ADA’s trading level as it saw its biggest daily recovery in over a year. This triggered a sudden positive sentiment, but quickly faded after rejecting $1 with a massive dump. Continuing the bearish move, ADA broke lower last week and created a new support above $0.58 after staying … Read more
Blockstream has secured a multi-billion-dollar investment to launch bitcoin-backed lending funds for institutional investors, allowing institutions to borrow against BTC collateral. Blockstream to Launch BTC-Backed Funds Bitcoin infrastructure provider Blockstream has secured billions in investment to roll out three institutional bitcoin-backed funds. The new investment will fuel the launch of the Blockstream Income Fund and … Read more
Bitcoin’s (BTC) market has been ruled by a long distribution phase, with the cryptocurrency’s Accumulation Trend Score staying under 0.5 for 58 consecutive days. This distribution has lasted long enough to start raising questions about what the big players in the Bitcoin market are up to, with the latest data indicating that they’re still mostly … Read more
Solana (SOL) hit a series of spectacular highs, with its investor base garnering significant rewards and the volume of transactions on its decentralized exchange (DEX) soaring. Recently, the blockchain went through an impressive 60 minutes of profit resolution, totaling $257 million, one of the five biggest moments of hourly profit realization we’ve seen over the … Read more
One of the most influential players in the non-fungible token (NFT) market, Yuga Labs has confirmed that the U.S. Securities and Exchange Commission (SEC) has finished its probe into the company’s activities. After more than three years of oversight, the SEC has officially said that NFTs aren’t securities. This is a big win for the … Read more
The recent downturn in the cryptocurrency market has many investors worried about the future of digital assets. For the better part of the last six weeks, the caps of various cryptocurrencies have been in a freefall, which hasn’t done anything to boost the kind of confidence that tokens are a viable investment or that the … Read more
The market for cryptocurrencies has dropped sharply. The total market cap shrank 11.8% to $2.86 trillion on March 4. It was a day when traditional markets also sold off hard. What caused the downturn? Part of the picture is that Donald Trump, the former U.S. president and a man not shy about throwing shade on … Read more
The Bybit hack from February 2024 has left the crypto exchange with some serious problems to deal with. And in an update that must have surely left a bitter taste for the exchange’s employees and investors, Bybit’s CEO Ben Zhou confirmed that the hackers have successfully laundered around $280 million of the $1.4 billion they … Read more