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Bitcoin (BTC)

These Are This Week’s Top Altcoin Performers as Bitcoin (BTC) Stalls Below $68K (Weekend Watch)

As it happened during the past few weekends, bitcoin’s price actions have calmed, and the asset sits at just under $68,000. The altcoins are also quite sluggish on a daily scale, but the weekly landscape has produced some mind-blowing gains. BTC Stops Below $68K Bitcoin had a strong start to the current week as it exploded from under $69,000 to over $70,500 in hours on Monday. As the bulls were preparing for another run, perhaps even challenging the all-time high of $73,800,...

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Mastercard Crypto Credential Goes Live: Focus on Broader Crypto Adoption with Simplified Transfers

Mastercard has launched its Mastercard Crypto Credential, facilitating the first peer-to-peer (p2p) pilot transactions that simplify and secure blockchain transfers. The latest offering will enable users on the Bit2Me, Lirium, and Mercado Bitcoin exchanges to send and receive cryptocurrency using easy-to-remember aliases instead of cumbersome blockchain addresses. This new capability is designed to enhance transaction simplicity and security, promoting broader crypto...

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Ripple’s XRP Ledger Achieves Record 80 TPS Amid Q1 Inscription Frenzy Without Issues

With the broader market recovery this year, the network activity XRP Ledger (XRPL) also surged across nearly all metrics, with active addresses and transactions increasing by 37% and 113% quarter-over-quarter (QoQ), respectively, according to Messari’s latest report. A significant portion of this activity stemmed from a concentrated group of approximately 45,000 accounts, which collectively sent over 30 million transactions to a single one, primarily for inscription-related...

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Japanese Crypto Exchange DMM Bitcoin Hacked: $305M Worth Bitcoin Drained

Japanese cryptocurrency trading platform – DMM Bitcoin – fell victim to a hack resulting in a massive loss of Bitcoin worth around $305 million on May 31st. The exchange confirmed the attack and revealed that 4,502.9 bitcoins were drained from their systems. DMM Bitcoin has not provided additional details regarding the breach but stated that it is conducting an investigation and has implemented measures to avoid a recurrence of such an attack. DMM Bitcoin Hacked Following the...

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KKminer launches free cloud mining service, register and get $10 immediately to earn passive income easily every day

KKminer, a well-known player in the cloud mining industry, has launched a breakthrough innovation aimed at democratizing cryptocurrency mining and increasing profitability. KKminer is committed to changing the digital currency mining landscape with its advanced technology and intuitive interface. The latest product makes it easy for everyone to mine popular cryptocurrencies such as Bitcoin, Ethereum and Litecoin, removing the barriers of expensive hardware and technical expertise. Utilizing...

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Mt. Gox Bitcoin Moves Will Cause No Immediate Selling Pressure: CryptoQuant

Analysts from the market intelligence platform CryptoQuant say the recent bitcoin (BTC) moves by the defunct crypto exchange Mt. Gox are no cause for alarm and would cause no immediate selling pressure on the digital asset. According to the latest weekly report from the analytics firm, the transfers were executed between Mt. Gox’s trustee addresses and are not a sign that creditor repayments have begun. No Cause for Alarm On May 27, on-chain analysts noticed the movement of...

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Bitcoin (BTC) Price Recovers From a Weekly Low, Ethereum (ETH) Eyes $3.8K (Weekend Watch)

After a few days of sideways trading, bitcoin’s price headed south on Friday and slipped to a weekly low of around $66,600 before it recovered approximately a grand. The altcoins are quite sluggish today, with ETH gaining about 1% of value and closing down on the $3,800 mark. BTC Recovers The start of the business week went under the total domination of the bulls as they drove the primary cryptocurrency from under $69,000 to a weekly high of over $70,500. As hope started to...

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BlockDAG’s $37.8M Presale Bolsters $10 by 2025 Forecast, Outshining Shiba Inu and Bitcoin Cash Movements

BlockDAG has catapulted into the spotlight with a staggering $37.8 million presale, prompting experts to forecast a price target of $10 by 2025. Amid the fluctuating crypto market, particularly with Shiba Inu’s projections and Bitcoin Cash whale movements, BlockDAG’s successful presale and its striking presence at Piccadilly Circus have markedly enhanced its market visibility and investor trust. Shiba Inu Price Prospects: A Look at Shibarium Network Dynamics Shiba Inu (SHIB) is witnessing...

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