Tag: Cryptocurrency

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FTX Bankruptcy Claims Surge in Value: Bids Now Approach 93 Cents on the Dollar

Half a year ago, firms specializing in acquiring troubled companies and their debts were actively accumulating FTX bankruptcy claims worth millions, offering $033 for every dollar of claim Presently,

Large Shiba Inu Transactions Spark Fears Of A Massive Dumping Spree

Shiba Inu (SHIB) whales look to be at it again following large transactions involving the meme token in the last 24 hours As expected, these transactions have raised concerns that crypto investors

Bitcoin is “Overheating” For The First Time Ever Before Halving

Bitcoin, the world’s most valuable coin, is once again deviating from historical norms According to an analysis by one crypto analyst, the coin is in the “overbought” territory of

London Stock Exchange sets May 28 launch date for crypto ETNs

The London Stock Exchange said in a March 25 notice that it plans for Bitcoin (BTC) and Ethereum (ETH) crypto exchange-traded notes (ETNs) to begin trading on May 28 The latest announcement also

Crypto Shockwave: Nearly $1 Billion Vanishes From Global Funds In Historic Outflow

Last week, the crypto investment landscape witnessed a significant exodus of capital from global crypto funds A recent report from CoinShares highlighted nearly $1 billion net outflow from these

7 Days Of Crypto: Key Events That You Should Keep An Eye On This Week

There are a couple of events to watch out for this week, as they could prove pivotal in determining the future trajectory of the crypto market These events could provide some certainty to the market

DAO Treasuries See Over $20 Billion Growth in 4 Months Amid Crypto Market Boom

Four months ago, a total of 179 decentralized autonomous organizations (DAOs) boasted treasuries exceeding $1 million or more each As of today, this figure has climbed to 211 distinct DAOs meeting

Terraform Labs In The Hot Seat: Trial Begins As Do Kwon’s Final Extradition Decision Looms

Terraform Labs is set to face a high-stakes trial on Monday, grappling with civil fraud allegations linked to the collapse of its TerraUSD stablecoin in 2022 Meanwhile, Terra co-founder Do Kwon

Analyst Presents Top 10 Cryptos To Turn $5,000 Into $500,000 By 2025

In a thread on X (formerly Twitter), the popular crypto analyst known as cyclop (@nobrainflip) delivered a bold forecast to his substantial following of 394,000 He proclaimed, “We are close to

Bitcoin Climbs Above $70,000, Marking a Stellar Recovery

On Monday, bitcoin’s value soared back to the $70,000 mark after a decline to just under $60,000 the previous week Over the last 24 hours, its value against the US dollar has increased by 7%,

To Infinity And Beyond: Analyst Forecasts Bitcoin To Hit $100,000 In High-Speed

Cryptocurrency expert and analyst Doctor Profit has identified regions that are vital for Bitcoin (BTC) presently, which could possibly propel the crypto asset’s price to unprecedented heights

Here’s Why The Dogecoin Price Surged Over The Weekend

Popular doggy-themed cryptocurrency, Dogecoin, has recently experienced an exponential surge in its price value Despite its previously sluggish price momentum, Dogecoin witnessed a massive $800