Tag: Crypto

In November 2023, the Bitcoin market experienced a notable correction, a development that has caught the attention of investors and analysts alike. This correction represents the first significant pullback after a prolonged period of upward momentum, marking a critical juncture in Bitcoin’s price trajectory. The Nature of the Correction As…

Logan Paul, a prominent YouTuber and influencer, has recently been embroiled in controversy over his cryptocurrency and NFT platform, CryptoZoo. The project, which promised innovative investment opportunities through blockchain technology, has faced severe backlash and allegations of being a scam, leading to a class-action lawsuit. The Genesis of CryptoZoo CryptoZoo…

In a remarkable display of resilience and institutional confidence, the Chicago Mercantile Exchange (CME), a leading institutional exchange, has witnessed its Bitcoin open interest reach a new all-time high of $5.36 billion USD. This milestone, achieved amidst a prolonged bear market, offers a unique perspective on the evolving dynamics of…

Polkadot, a cutting-edge cryptocurrency, has been making waves in the blockchain world with its unique approach to scalability, interoperability, and security. As we delve into the intricate world of Polkadot, it’s crucial to understand its core features, use cases, and the potential it holds for the future of decentralized technology.…

In the dynamic world of cryptocurrencies, there’s a common misconception that the influx of fresh capital into the market has stalled. However, recent data and market trends are challenging this notion. Over the past 69 days, the market capitalization of stablecoins has surged by an impressive $6.1 billion USD. This…

In a significant development for the cryptocurrency industry, Changpeng Zhao, commonly known as CZ, the founder of Binance, one of the world’s largest cryptocurrency exchanges, has been ordered to remain in the United States following his guilty plea to federal money-laundering violations. This decision marks a pivotal moment in the…

The cryptocurrency landscape is continuously evolving with new tokens and governance models. One such development is the introduction of the $JTO token by Jito, a protocol built on the Solana blockchain. This article provides a detailed profile of the $JTO token, exploring its purpose, technology, and potential impact in the…

The cryptocurrency world was recently shaken by allegations against Richard Heart, the founder of HEX token. The U.S. Securities and Exchange Commission (SEC) has charged Heart with fraud, accusing him of using the HEX token to defraud investors. This article delves into the details of the controversy and the implications…

In a notable move that caught the attention of investors and the cryptocurrency community, Cathie Wood’s ARK Invest sold approximately $24.3 million worth of Coinbase shares across three of its ETFs on Wednesday. This decision by ARK Invest, a firm known for its focus on innovative and disruptive technologies, raises…

JPMorgan Chase CEO Jamie Dimon has been a vocal critic of Bitcoin and cryptocurrencies, often sparking controversy with his remarks. His latest statement suggesting that he would “close down” Bitcoin and crypto if he were in government, citing their use by criminals and for illicit activities, has reignited the debate…