Crypto news

Cryptocurrency hedge funds have generated an average return of 44% this year through December 20, marking a rebound from a 52% loss in 2022, ranking as the best among 29 strategies monitored. They have weathered a challenging 2022 and are experiencing a recovery, and many are anticipating a prosperous 2024. Crypto Hedge Funds Recover Pantera Capital, led by industry veteran Dan Morehead, experienced a significant rebound, with its liquid-token fund surging nearly 80% by...

Despite India’s controversial crypto policy and lack of clarity in several aspects, the country emerges as the top market. According to a new report by crypto exchange CoinDCX, 28 Indian entities became ‘FIU-Registered Reporting Entity.’ India emerged as a global crypto adoption leader, reflecting sustained interest and robust demand for digital assets. India Defies Crypto Skepticism CoinDCX’s year-end report for 2023 shared with CryptoPotato revealed that 60% of the user...

According to an analysis from CoinGecko, the period from 2020 to 2023 has witnessed a surge in crypto airdrops. Led by giants like Uniswap, Apecoin, and dYdX, the top 50 airdrops have distributed $26.6 billion in tokens in that period. Uniswap’s Historic $6.43 Billion Airdrop Uniswap (UNI) led the pack, which made headlines with its historic $6.43 billion airdrop on September 16, 2020. Uniswap’s distribution, calculated at its all-time high (ATH) token price of $42.88, became...

[PRESS RELEASE – SAN FRANCISCO,, USA, January 1st, 2024] In April, a groundbreaking step was taken in the world of artificial intelligence and Web3 technology. Lucy, previously confined to the Metaverse, was released, marking a pivotal moment in the exploration of AI Agent capabilities. This strategic move not only liberated Lucy but also opened up new possibilities for user interaction within this advanced digital realm. The response to Lucy’s liberation has been...

What an eventful year it has been for the crypto industry! With 2023 coming to an end, the cryptocurrency space has had its share of battles and victories, all of which continue to shape an industry that, though still growing, has managed to make a mark in the global financial sector. This year, regulators came down hard on key players in the market, one of the biggest and most influential CEOs pleaded guilty to a criminal charge, and the hype around a spot Bitcoin...

An illuminating conversation unfolded on X this week about XRP Ledger’s smart contract features. A Ripple expert corrected some misconceptions that Ripple is not as feature-rich as its competitors. Are Ripple Use Cases Limited? If you ask Google Bard or any AI chatbot why XRP price hasn’t shown the kind of gains Bitcoin (BTC) and Solana (SOL) have this year, it might tell you it’s because Ripple doesn’t have as many use cases: “While XRP is initially designed for fast and...

TL;DR Ripple had several partial legal victories against the SEC in 2023, including a ruling favoring its XRP sales and the clearing of its executives from allegations. The court’s decisions led to positive market reactions for XRP, with major cryptocurrency exchanges re-listing the token. The final trial in the Ripple-SEC lawsuit is set for April 2024, with outcomes eagerly awaited by the cryptocurrency sector, as they could significantly influence the market and regulatory...

Stellar lumen price started a downside correction from the $0.1380 zone against the US Dollar. XLM price is now trading near $0.1300 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $0.1280 on the 4-hour chart (data feed via Kraken). The pair could start another increase if it clears the $0.1315 and $0.1355 resistance levels. Stellar lumen price is trading above $0.125 against the US Dollar, like bitcoin....

XRP price started a fresh decline from the $0.658 resistance against the US dollar. The price is now trading below $0.625 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.619 on the 4-hour chart of the XRP/USD pair (data source from Bittrex). The pair could extend losses if it breaks the $0.584 support zone. XRP price is struggling below $0.650 against the US Dollar, unlike Bitcoin. The price could...

Foreclosing on a vacant home in Baltimore can take two to three years, according to a report in the Baltimore Sun. It’s a legally arduous process in Maryland. Foreclosure requires city officials to wait on title searches to verify the entire ownership history of the house. As a result of the multiple title searches required for each step in the process of acquiring, fixing up, and selling a home, you’d be lucky to get everything done in four or five months. Meanwhile, the...