Pop sensation Justin Bieber faced a significant financial loss as the value of his Bored Ape Yacht Club NFT drastically declined. Bieber’s purchase of Bored Ape #3001 for 500 ETH, or approximately $1.3 million in January 2022, has now plummeted to an estimated $12,000, marking a stark 99% decrease...

In line with its bearish market structure, the Ethereum price struggled significantly in the first week of February. The cryptocurrency’s value fell by more than 30% over the week, crashing to as low as $1,850 on Friday, February 6. Amid the Ethereum market downturn, a significant development has emerged...

Stablecoins are set to reshape banking by offering a safer, more efficient alternative for deposits. The post Mike Belshe: Stablecoins are a safer alternative to banks, BitGo’s operational controls are key for crypto market structure, and the future of finance is in asset tokenization | The Wolf Of All...

BlockDag closes $453m presale ahead of Feb 16 listing as Remittix surges with 300% bonus and growing investor demand. The crypto market is buzzing, especially with the recent conclusion of BlockDag’s presale. The project has raised a massive $453 million,…...

On Saturday, South Korean cryptocurrency exchange Bithumb faced a significant blunder, accidentally distributing over $40 billion worth of Bitcoins (CRYPTO: BTC) to customers during a promotional event. The exchange initially intended to give small cash rewards of 2,000 Korean won ($1.40) or more to each user, but instead, winners...

Tether found itself at the center of two big stories this week, one legal and one market-driven, each showing a different side of how stablecoins shape crypto activity. One story involves a law enforcement request that led to a large freeze of assets. The other shows fresh USDT supply...

Social media mentions of crypto “crash” spiked when Bitcoin fell to $60,000 on February 5, causing an immediate price rebound according to Santiment data. The sentiment analytics platform found that when traders declare a crash has happened rather than simply…...

If continuous M2M payments are the new electricity, then blockchains must be seen as the new power grid, Huang contends....

What if your $24 bet exploded into $850,000 in only four years? Well, that’s exactly what early Bitcoin (CRYPTO: BTC) adopter Kristoffer Koch pulled off. A $24 Bet That Changed Everything The year is 2009. Koch, a Norwegian student, was writing his master’s thesis on encryption when he stumbled...

The Bitcoin price has been on one of its worst runs in recent years, falling by double digits over the past week. While the premier cryptocurrency seems to be recovering well over the past day, the single-day 14% correction — on Thursday, February 5 — is an occurrence that...