Bitcoin prices dropped significantly after news emerged about repayments related to the infamous Mt. Gox hack. The repayment process, which involves distributing a large amount of Bitcoin to creditors, has caused a ripple effect throughout the cryptocurrency market, unsettling investors. Mt. Gox, once the largest Bitcoin exchange in the world, filed for bankruptcy in 2014…
The cryptocurrency market has been a hotbed of activity, marked by significant volatility and a flurry of new developments. Bitcoin (BTC), the leading digital currency, continues to dominate the market, but other cryptocurrencies like Ethereum (ETH), Ripple (XRP), and Litecoin (LTC) are also making significant strides. Bitcoin’s recent surge to new all-time highs has captured…
The cryptocurrency market has seen significant volatility today, with major coins experiencing substantial price fluctuations. Bitcoin (BTC-USD) led the charge, initially surging by 5% in the early trading hours before retracting by 3% as the day progressed. This volatility has been attributed to various macroeconomic factors including inflation concerns and regulatory developments in key markets.…
Despite the growing success of Bitcoin ETFs, many financial advisors remain hesitant to discuss cryptocurrency with their clients. This reluctance can be attributed to several factors including regulatory uncertainties, market volatility, and a lack of comprehensive understanding of the crypto space. One of the primary concerns for advisors is the regulatory landscape. The lack of…
The cryptocurrency market has been experiencing significant volatility, with prices fluctuating wildly over the past few weeks. This volatility is attributed to several factors, including regulatory news, market speculation, and macroeconomic indicators. Bitcoin, the largest cryptocurrency by market capitalization, saw its price drop by 10% in a single day, only to recover partially within the…
TAIPEI, Sept. 18, 2024 /PRNewswire/ — Unitas Foundation announced today that the second phase of Unitas Protocol is now live on the mainnet. This phase introduced insurance providers (IPs) who will lend their USDT to the Unitas Protocol to support its over-collateralization. Concurrently, the 4REX tokenomics system has begun its operations, including auctions, profit sharing,…
After 14 months of maintaining federal interest rates in the range of 5.25% to 5.5%, the Federal Reserve is set to announce a reduction in rates. For the cryptocurrency market, Fed rate cuts could signal a positive shift. The decision, expected during the Federal Open Market Committee meeting, is anticipated to be significant, with markets…
Donald Trump has officially launched his family’s cryptocurrency venture, World Liberty Financial, during a livestreamed interview on the social media platform X. This announcement comes as Trump, the Republican presidential nominee, seeks to expand his influence in the digital currency space. However, the details surrounding the venture remain vague, sparking curiosity and skepticism alike. Limited…
WARSAW, Poland, Sept. 16, 2024 /CNW/ — Flipster, a leading crypto derivatives trading platform, is excited to announce that it will co-host an exclusive party coinciding with TOKEN2049, with the industry-leading NFT project Pudgy Penguins, alongside Mocaverse. The exclusive side event will be held at Zouk, one of Asia’s most renowned nightlife venues, on September…
Projects will showcase across four Realms: Culture & Community, Decentralized Finance, Gaming and Etherlink at the iconic CHIJMES Hall. The event will be held at a restored early Gothic style 19th Century chapel that is now a national monument. Tezos Realm will be headlined by renowned DJ Agoria aka Sébastien Devaud , a longtime Tezos ecosystem…