Crypto news

Amid dynamic market shifts, the crypto landscape is teeming with excitement. Dogecoin is anticipated to soar to $1, driven by rising investor sentiment toward riskier assets, as outlined by crypto expert Kaleo. Concurrently, the legal tussle between Uniswap and the SEC stirs uncertainty in the DeFi community, affecting Uniswap’s market value. Amid these fluctuations, BlockDAG introduces significant updates, propelling its presale to a remarkable $37 million, courtesy of its refreshed user...

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...

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...

[PRESS RELEASE – Dover, Delaware/USA, June 1st, 2024] Goat Token (GOAT), developed by Miro Eden (Amr El Adany), introduces a new approach to the cryptocurrency landscape with a focus on transparency, security, and community involvement. Overview of Goat Token Goat Token, available at https://goattoken.io, operates on a secure platform designed to offer transparency and reliability. The project aims to differentiate itself through its commitment to creating real value and a...

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...

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...

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...

Algotech, an advanced algorithmic trading platform, is taking over the cryptocurrency world, leaving the once-dominant Shiba Inu (SHIB) behind. SHIB whales have been buying up Algotech’s native token, ALGT, during the project’s viral presale event amid this frenzy. Meme coin mania came and went, and people’s attention shifted to projects with real-world use cases and disruptive potentials. Shiba Inu Faces 3.41% Price Drop Despite 310% Burn Rate Surge Shiba Inu, the se­cond-largest meme...

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...

TL;DR XRP has stayed stable between $0.51 and $0.54 despite market volatility, with analysts predicting a potential rise due to its low RSI ratio. The upcoming launch of a Ripple stablecoin, a possible XRP ETF, and a settlement in the lawsuit against the US SEC could also drive a price increase. Is XRP Ready to Spike? While the cryptocurrency market experienced substantial volatility in the past few weeks, Ripple’s XRP remained relatively unfazed. Its price has recently...