In a tweet on June 10, Changpeng “CZ” Zhao, the chief executive officer (CEO) of Binance, offered insights into the intricate dynamics of market fluctuations and addressed the multitude of narratives surrounding sudden market movements days after the United States Securities and Exchange...
In Q2 2023, the crypto market was turbulent, mostly in a downtrend before consolidating, impacting various assets. This market-wide trend has created opportunities for certain currencies to carve out a bigger market share and assert dominance. Notably, Tether, a stablecoin tracking the USD,...
PEPE, the popular meme coin, is up by over 6% today, defying the market’s recent drawdowns. Pepe enthusiasts have taken advantage of the recent corrections to buy the dip, propelling its value to new heights. At the time of writing, the price of...
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The global crypto market witnessed a harsh wind as the US Securities and Exchange Commission (SEC) took legal action against two of the largest crypto exchanges, Binance and Coinbase....
Kava (KAVA), a decentralized blockchain platform known for its crypto lending and borrowing services, has seen its native token KAVA rise by 9.48% in the last 24 hours. This noteworthy performance comes amidst a general downturn in the cryptocurrency market, triggered by recent...
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Recent developments in the cryptocurrency market indicate a transition from a bear market to a more optimistic bull market, primarily driven by the movement of bitcoin (BTC). CryptoQuant, a...
Arthur Hayes, the co-founder & CIO of the cryptocurrency and derivative trading platform BitMEX, suggests “Patience is Beautiful” in an essay dated June 1, 2023. In his in-depth write-up, he highlights the Federal Reserve and U.S. Treasury are capitalizing on interest income from...
A hacker known as “Pink Drainer” has discovered a method to enable private sales on Blur, a platform that typically does not offer this feature. This revelation, first shared by Twitter user Quit, has the potential to alter the dynamics of the NFT...
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied A collective of dogecoin investors has moved to modify their ongoing class-action lawsuit against Twitter’s outgoing CEO, Elon Musk. The amendment accuses Musk of manipulating the meme cryptocurrency’s market...
Tether (USDT), the stablecoin pegged to the U.S. dollar, has reached an all-time high (ATH) market capitalization exceeding $83 billion, demonstrating its continued market dominance. This new ATH market cap for USDT comes at a time when other stablecoin issuers are facing significant...