The cryptocurrency markets are declining today on relatively low trading volumes. Bitcoin is sliding toward $60K, and the majority of altcoins are slowly bleeding out. The total capitalization is down to $2.37 trillion. Bitcoin Price Slides Toward $60K Bitcoin’s price is trading at a 1.3% decrease over the past 24 hours, bringing up its total…
Polkadot has recently experienced increased buying activity near the $5.5 crucial support region, leading to a notable surge and breaking above the previously breached multi-month triangle’s lower boundary. This price movement indicates a false breakout and suggests a potential period of bullish retracements. Technical Analysis By Shayan The Daily Chart A detailed analysis of Polkadot’s…
Bitcoin’s price is experiencing a downtrend at the moment, as it has failed to continue its rally above $70K. This begs the question if the bull market has come to a halt or if that’s just a temporary correction. Technical Analysis By TradingRage The Daily Chart As the daily chart demonstrates, Bitcoin’s price has failed…
Ripple’s case against the Securities and Exchange Commission is one of the most important ones to watch this year. Its impact is likely to span across the entire industry as the court’s decision on whether XRP is a security will likely also influence other cryptocurrencies. That said, the chances of Ripple winning have increased following…
[PRESS RELEASE – New York, NY, June 28th, 2024] ApeChain, being built on behalf of the ApeCoin DAO, will now be able to support efficient, low-cost zero-knowledge proof verification zkVerify, a modular protocol optimized for zero-knowledge proof verification developed by Horizen Labs, has successfully integrated into ApeChain’s Jenkins Testnet, the highly anticipated Arbitrum Orbit Chain. This…
Jesse Powell, the co-founder and chairman of the cryptocurrency exchange Kraken, has donated $1 million in digital assets to the United States presidential campaign of the pro-crypto candidate Donald Trump. In a Friday tweet, Powell revealed that the donation was mainly in ether (ETH). The Kraken founder has now declared publicly his support for Trump…
The U.S. Department of Justice (DOJ) announced on Wednesday that Nikita Andreevich Sklyuev, also known as Valeriy Dorojkin, has been extradited from Ukraine and arraigned in Buffalo, NY, on charges of wire fraud and fraudulent use of an unauthorized access device. Sklyuev is accused of submitting a malicious cryptocurrency wallet app, “EOSIO Wallet Explorer,” to…
Dozens of citizens were killed in Kenya as a result of riots seeking to protest the possible signing of a bill that would approve tax hikes on daily services and items, such as internet and fuel, in a plan to raise an additional $2.7 billion in revenue. The protests, led mostly by young Kenyans who…
The General Assembly of the U.S. state of North Carolina has approved a bill that prevents the state from participating in the Federal Reserve’s testing of a central bank digital currency (CBDC). The General Assembly is North Carolina’s legislative body, comprising two chambers: the House of Representatives and the Senate. The bill passed with significant…
As the market goes into a correction, concerns about a downtrend have arisen, with Ethereum Classic and Arweave showing bearish trends. Amidst these developments, BlockDAG, a layer 1 project with a stellar presale, has become the preferred destination for inflows. Its high-tech ecosystem has fueled its growth, giving BDAG the potential to yield more than…