Markets

U.S. authorities, including the Securities and Exchange Commission (SEC), the Federal Bureau of Investigation (FBI), and the Department of Justice (DOJ), have charged Gotbit and four other crypto firms with widespread market manipulation. The charges also roped in several individuals who worked for the offending organizations. Market Makers Accused of Running Wash Trading Scheme According to a statement the SEC issued on October 9, Gotbit, ZM Quant, CLS Global, and MyTrade MM...

After a few days of depressing price action, the bulls appear to be finally back in town. The cryptocurrency market added almost $70 billion to its total capitalization over the past 24 hours. This happened on the back of Bitcoin charting a notable recovery in the past 24 hours, bouncing up to $63,000, so let’s have a look. Bitcoin’s Price Stages a Recovery Just a couple of days ago, Bitcoin tumbled below $60,000 and even briefly dipped below $59,000. Fortunately, the bulls...

The cryptocurrency market has seen better days. Bitcoin’s price hovered at the $62,000 range for a few days, but it appears that the bears were finally able to take full control. Just a few moments ago, BTC dropped below $59,000, reaching a local low of $58,867. Source: TradingViewThe move has resulted in the liquidation of more than $250 million in leveraged positions, the majority of which, of course, is long. As CryptoPotato reported earlier today, Bitcoin’s price reacted...

Could Pepe Unchained I(PEPU) be the next meme coin to take the crypto world by storm? One top investor thinks so, saying that Pepe Unchained – currently in presale – has the potential to follow in the footsteps of recent meme coin sensations like Mog Coin (MOG) and First Neiro on Ethereum (NEIRO). Pepe Unchained – The Layer-2 Built Just for Meme Coins Pepe Unchained is standing out as a meme coin to watch right now. By creating its own Layer-2 blockchain, the Pepe Chain, it...

The market intelligence platform Santiment has outlined a few crypto assets currently trending due to multiple mentions on social media. According to analysts at the firm, these include bitcoin (BTC), Chiliz (CHZ), and Nubcat (NUB). Topics causing BTC, CHZ, and NUB to trend across social media revolve around trading activities, price fluctuations, upcoming airdrops, and controversies. Notably, market participants express both bullish and bearish sentiments toward them....

The cryptocurrency market continuously keeps expanding in 2024, creating many different ways of earning passive income. One of the most lucrative methods is crypto staking, a process where investors lock up their digital assets in return for rewards. Whether you’re a seasoned crypto enthusiast or a newcomer, staking offers a reliable way to grow your wealth without the need for active trading. Among the platforms leading the charge in crypto staking is CryptoBox, which provides exceptional...

TL;DR The XRP Ledger has undergone a code review to enable RLUSD integration with Automated Market Makers (AMMs), with further updates pending. Ripple recently warned users to be cautious of scams, as the stablecoin is not yet publicly launched. The Latest RLUSD Development In April this year, Ripple disclosed it will introduce a stablecoin pegged 1:1 to the American dollar. The news sparked huge excitement across the XRP community, with many members wondering about the...

TL;DR Binance will pause deposits and withdrawals on the Tron Network on October 10 for scheduled maintenance. TRX is up 60% this year, with most holders in profit. Announcement for TRX Traders The world’s largest crypto exchange will perform wallet maintenance for the Tron Network on October 10. The effort is supposed to take approximately one hour, during which TRX deposits and withdrawals will be unavailable. Binance assured that services will be resumed once the process...

[PRESS RELEASE – Dubai, United States Emirates, October 9th, 2024] Forexeko is the newest forex robot released by Dubai, UAE-based fintech Avenix Fzco. Designed for usage on the MetaTrader 4 (MT4) platform, this Expert Advisor (EA) especially targets XAUUSD trading on the M30 period. Forexeko uses several techniques and features meant for market condition analysis and trade execution. Forexeko’s Technical Specs Market Analysis and Trend Identification Forexeko utilizes price...

[PRESS RELEASE – Monaco, Monaco, October 9th, 2024] Memereum has recently claimed the top position on CoinSniper, thanks to over 3,100 votes from its growing community. This achievement signaled strong market confidence in the project to the team and highlighted the enthusiasm surrounding Memereum’s innovative features. As the presale continues, Memereum has sold over 32 million tokens, making it one of the most successful crypto presales in recent times. Community-Driven...