The recent turbulence in Bitcoin’s price has showcased the lack of substantial bullish momentum, resulting in a critical rejection that could dictate the asset’s immediate future. As enthusiastic investors rejoiced at the fleeting rise, the reversion back below the crucial 100-day moving average has left many wondering whether this is the beginning of a more
Crypto
Ethereum, once heralded as the king of innovation in the cryptocurrency space, is now seemingly in dire straits — and the numbers tell a troubling story. With a current market cap hovering around $225 billion, discussions about the viability of ETH as a solid investment are swirling like autumn leaves in a storm. Quinn Thompson,
The recent upheaval surrounding HyperLiquid’s JELLY vault serves as a cautionary tale about the precarious nature of decentralized finance. A trader’s brazen manipulation led to staggering losses, prompting a crash that functioned as both a crisis and a revealing moment for the platform. In an era where cryptocurrencies tout decentralization and democratization, incidents like this
In an era defined by volatility, Cronos (CRO) stands out with an astonishing surge of nearly 11% within just 24 hours, momentarily surpassing the $0.11 threshold on March 28th. Though it has since stabilized around $0.10, this figure is deceptively modest when juxtaposed with the nearly 40% weekly gains that reveal a dramatic pivot for
In the unpredictable world of cryptocurrency, the movements of a single coin can reverberate through entire ecosystems. The Curve DAO token (CRV) is no exception, currently standing on a precarious ledge. With Bitcoin (BTC) as the marketplace’s big player, CRV finds its trajectory heavily influenced by Bitcoin’s own whims. The notion that altcoins rely on
The recent $50 million hack involving Infini, a digital neo-bank, sheds light on a troubling reality: the very innovations meant to enhance our financial systems can also form the basis for unprecedented fraud. In an era where blockchain technology is often heralded as a beacon of transparency and security, this incident serves as a stark
The cryptocurrency landscape is characterized by its relentless volatility, and the saga of Pi Network is a stark illustration of this nature. It was on February 20 that Pi Network finally unveiled its anticipated Open Network and launched the elusive PI token. Initially, the excitement was palpable. Investors flocked to trade, and the token saw
In the world of cryptocurrency, fortunes can be made and lost in the blink of an eye, a reality starkly illustrated by a recent incident involving a prominent whale who endured a staggering $207,000 loss trading the Official Trump (TRUMP) coin. This episode isn’t merely about the losses incurred but serves as a cautionary tale
In the tumultuous world of cryptocurrency, few stories have captured investor attention quite like the ongoing saga of Ripple’s XRP and the U.S. Securities and Exchange Commission (SEC). The recent news of the SEC dropping its appeal against Ripple has sent shockwaves through the market, resulting in a surge in XRP’s price to an impressive
The Helium Network, once heralded as a pioneering force in decentralized wireless communications, now finds itself grappling with stark realities. In the last quarter, its native token, HNT, witnessed a staggering quarter-over-quarter (QoQ) decline of 20%, resulting in a drop in market capitalization from $1.3 billion to $1.0 billion. This precipitous decline is distressing but