Tag: Crypto

Many cryptocurrencies have erased all the gains accumulated since the 2024 United States Presidential Election, with meme coins particularly affected, according to IntoTheBlock. In a recent tweet, the analytics firm highlighted that the meme coin market capitalization is nearing its November 2024 levels. Such a trend effectively depicted the...

Ethena Labs has integrated Chaos Labs’ data authenticity technology, Edge Proof oracles, to strengthen the risk management framework for its synthetic dollar token USDe. Edge oracles will independently verify the total dollar value of the USDe’s reserves and the reserve coverage of USDe’s supply and confirm that reserves are...

Gold prices hit an all-time high Monday as President Donald Trump’s tariff threat sent risk-on markets lower, driving demand for the safe haven asset. What happened: Spot gold rose to $2,956 per ounce early morning before dipping to $2,937.67 as of this writing. Gold futures on the Commodity Exchange...

NYSE Arca’s filing for a spot Cardano exchange-traded fund has been acknowledged by the United States Securities and Exchange Commission. According to a Feb. 24 notice from the regulator, it has formally acknowledged the proposal to list and trade shares…...

Bitcoin’s price troubles continued in the past 24 hours as the asset plunged to its lowest position since January 13 of just over $90,000. Thus, the cryptocurrency has lost over nine grand since Friday’s peak. The total value of liquidated positions is expectedly on the rise, surpassing the $1...

Crypto trading in India is booming, with volumes hitting nearly $2 billion as small-city investors seek financial stability amid sluggish job and wage growth. Crypto trading volumes in India jumped to $1.9 billion in Q4 2024, more than doubling from…...

Bybit has transferred nearly $100 million worth of ETH back to Bitget. Bitget loaned 40,000 ETH to Bybit immediately after the $1.4 billion hack. According to data from Arkham Intelligence, Bitget has received 40,000 Ethereum (ETH) from a Bybit cold…...

Sam Bankman-Fried, the disgraced founder of FTX, posted on X for the first time in two years, triggering a 30% spike in the price of FTT, the exchange’s native token. In his Feb. 25 X post, Bankman-Fried joked about not…...

Crypto market capitalization is down 8% on the day, plunging below $3.1 trillion on Feb. 25 following a wipeout of almost $200 billion in 24 hours. This is the lowest markets have been since mid-November, obliterating almost all gains since Donald Trump’s election victory. Total cap is now teetering...

On-chain data shows the Bitcoin Hashrate has observed a sharp drop recently. Here’s what this could mean for the asset’s price. Bitcoin Mining Hashrate Has Plummeted Since Its Recent High The “Hashrate” refers to a Bitcoin metric that keeps track of the total amount of computing power that the...