On April 24, Bitcoin (BTC) continued to exert pressure towards significant resistance levels, according to reports, while large investors were reportedly purchasing the cryptocurrency at lower prices. Bitcoin whales seize the day The price of Bitcoin hovered around $67,000 following a rise at the end of the previous day’s trading session, according to information from … Read more
As more memcoins join the cryptocurrency scene, Dogecoin’s (DOGE) dedicated fanbase may help prevent it from becoming forgotten, yet experts question the feasibility of it reaching a dollar during this market trend. If Dogecoin’s price was one dollar, it would be a 36% jump up from its May 2021 peak of $0.73 and a whopping … Read more
Over the next six months, Worldcoin’s digital identity initiative may boost the circulation of its WLD token by up to 19 percent. This expansion will be achieved primarily through exclusive token sales to organizations outside the United States. On their blog posted on April 23, Worldcoin announced that World Assets, a subsidiary of the Worldcoin … Read more
Analysts at K33 Research warn that the upcoming release of over $9 billion in Bitcoin from the Mt. Gox era could scare the market and potentially cause a drop in Bitcoin’s price. This week on Reddit, some Mt. Gox crypto exchange creditors reportedly noticed progress on their claims, leading several of them to believe that … Read more
A significant security issue was identified and addressed by the Cosmos team in their Inter-Blockchain Communication (IBC) protocol. This vulnerability, as reported by a confidential source from the blockchain security industry, potentially exposed up to $126 million worth of assets to potential risk. “The vulnerability we discovered was reported exclusively to Cosmos’ HackerOne Bug Bounty … Read more
The SEC has announced that it will postpone making decisions on BlackRock’s and Grayscale’s applications for Ether (ETH) ETFs. The SEC revealed this decision in relation to Grayscale’s application and an amendment to BlackRock’s application, both occurring shortly after the SEC delayed its verdict on Franklin Templeton’s proposed ETH ETF. The SEC’s ruling on transforming … Read more