Tag: Coin Surges
Blockchain
Ace Exchange Suspects Should Get 20-Year Prison Sentences: Prosecutors
Prosecutors in Taiwan have proposed lengthy prison sentences for ACE Exchange’s founder, David Pan, and former executives as main suspects in an alleged fraud and money laundering case This
Blockchain
Liquid Staking Platforms See 60,000 ETH Outflow in 2 Weeks; Lido Dominates Reductions
In the last two weeks, liquid staking derivative (LSD) protocols have experienced a decline of 60,000 ether valued at over $198 million, with Lido accounting for 40,000 of the ETH withdrawn LSD
Blockchain
Phoenix Wallet To Disable Services In the US – Here’s Why
Phoenix Wallet, a Bitcoin wallet provider for Lightning Network payments, has announced its impending removal from US application stores This development comes as the wallet’s founding company,
Blockchain
Japanese Yen Tumbles to 34-Year Low Against Soaring US Dollar
This week, the Japanese yen plummeted to its lowest point since 1990 against the US dollar, weighed down by Japan’s monetary policy and uncertain economic indicators from the United States
Blockchain
Optimism Soars By 17% Despite Recent Security Revelations
Optimism (OP) has grabbed investors’ attention in the last day following an intriguing positive price performance Interestingly, OP’s market gain has occurred following a recent disclosure of
Blockchain
Bitcoin Bull Run: Past Its Prime, Or Poised For A Correction? Analyst Raises Eyebrows
Famed trader Peter Brandt has thrown a wrench into the gears of Bitcoin’s celebratory parade In a recent analysis titled “Does history make a case that Bitcoin has topped”, Brandt
Blockchain
Financial Squeeze Tightens for Bitcoin Miners as Earnings Continue to Fall
On Friday, Bitcoin’s hashprice was $5695 per petahash per second (PH/s), but by Sunday, it had dropped to $5166 per petahash Over the last 100 blocks, bitcoin miners averaged about 355 BTC for
Blockchain
Dimon Doubles Down on Bitcoin Dislike, SBF to Aid Legal Action Against Celebrities, and More — Week in Review
JPMorgan Chase CEO Jamie Dimon has reiterated his critical stance on bitcoin, labeling it a fraud and dismissing its potential as a legitimate currency Former FTX CEO Sam Bankman-Fried has agreed to
Blockchain
Bitcoin Daily Transactions Just Hit A New ATH – What’s Driving It?
The Bitcoin network has witnessed a surge in trading activity in the days after the halving, as shown by on-chain data Although the just concluded halving brought a lot of attention to Bitcoin, the
Blockchain
Tron Founder Justin Sun Gets New Wallet – Here’s What He’s Buying
Lookonchain has revealed insights into what might be new transactions by Justin Sun, founder of the TRON blockchain Whale transactions are very rampant in the crypto industry It is common practice
Blockchain
Bullish Litecoin: Mystery Signal Points To $100 Price Explosion
Litecoin (LTC) defied the overall sluggishness of Proof-of-Work (PoW) coins this week, climbing 4% to a two-week high of $86 on April 26 This surge has rattled short sellers and ignited a potential
Blockchain
Nigerian Currency Reverses Early April Gains, Depreciating by 12% in Seven Days
The Naira recently depreciated by 12% in just seven days, thus shedding all the gains it made against the US dollar in early April Local media reports attribute the volatile naira’s latest drop to
