Altcoin News Today: January has been quite favourable for crypto enthusiasts as it marked the potential decline of the bearish market. In the month of January, Bitcoin (BTC) has shown the highest gains in the calendar year ever since 2013. It has also soared by 40% from the opening value …
Read More »Know The Reasons For Over $1Bn Crypto Scam Losses
The crypto domain has stretched far in an extremely unprecedented manner over the last few years. However, the growing popularity has also led to increasing frauds and scams in the sector. According to a Federal Trade Commission (FTC) report released on June 3, 2022, the crypto scam losses amount to …
Read More »Torum (XTM) Reverses Its 7-Day Losses In Today’s Green Session
The crypto market has been experiencing several bearish sessions lately. However, the situation has changed today as one can see major cryptocurrencies gaining. Among these, a metaverse ecosystem token, Torum (XTM), managed to reverse its 7-day losses to a profit. The XTM crypto price rose by over 7% on Wednesday. …
Read More »Crypto Crash Brings Global Market Cap Below $1 Trillion Again
The repeated crypto crash sessions have been wiping off an immense amount of value from the global cryptocurrency market. This has raised concerns among crypto enthusiasts and participants. The crypto winter has literally done no good to the domain and several companies operating in the sector had to face the …
Read More »USDT Stablecoin Financial Records Asked By A U.S. Judge
Katherine Polk Failla, who serves as a judge in the U.S. District Court for the Southern District of New York, recently ordered the parent company of Tether (USDT) to provide financial records of the USDT stablecoin in the court as a part of the proceedings. The legal case does not …
Read More »Chain Crypto Price Gains Give Tough Competition To Dogecoin
Chain crypto (XCN) has been witnessing a substantial gain in the market trading session today. Crypto behemoths Bitcoin (BTC) and Ethereum (ETH) saw just a mere rise whereas a number of other small cryptocurrencies were surging. Out of Chain and Dogecoin (DOGE), the largest meme coin, recorded the highest gain. …
Read More »Largest Bitcoin Transaction Took Place In The Last 24 Hours
Approximately 8 hours ago, Santiment, a crypto intelligence firm, reported the largest Bitcoin transaction in 4 weeks. The whale address suddenly had 13,369 bitcoins after holding none previously, according to the tweet. According to current prices, this would be worth about $313.1 million. According to CoinMarketCap, the price of Bitcoin …
Read More »Ethereum 2.0 Weekly Deposits Record A New Low
Ethereum 2.0 staking contract is a kind of blockchain smart contract which enables users to lock their Ethereum (ETH) investments and be an authenticator on the proof of the stake network. Ethereum 2.0 stake rewards the inventors for this. However, the Ethereum 2.0 weekly deposits have hit a new low …
Read More »Bitcoin, Ethereum And Others Jump After Fed Rate Hike
The cryptocurrency market was in the ‘green’ on Wednesday. However, the market jumped after the U.S. Federal Reserve hiked the interest rates but also mentioned that they might slow down the pace at which such raises are implemented. The digital currency space is often interlinked with U.S. stocks, especially, Nasdaq. …
Read More »Crypto Lender Hodlnaut Takes A Step To Avoid Forced Liquidation
Crypto lender Hodlnaut is another one on the list to have faced the wrath of crypto winter. Like other crypto market participants, it also faced subsequent losses due to the bearish sessions in the crypto market which might even result in a forced liquidation. However, the crypto lending firm opposed …
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