The cryptocurrency market’s dynamics are often influenced by specific events and patterns, and one of the most significant phenomena in Bitcoin’s history is its halving cycle. Each halving event, which reduces the reward for mining new blocks, historically precipitates a prolonged period of price consolidation followed by significant price surges. Notable instances occurred in 2016
In 2023, the landscape for privacy tokens has become more tumultuous than ever, with nearly 60 tokens facing delistings from centralized exchanges, marking a historical high since 2021. According to a detailed report by Kaiko, privacy-centric cryptocurrencies such as Monero (XMR), Dash (DASH), Decred (DCR), Mask (MASK), Rose (ROSE), and Zcash (ZEC) have been significantly
Wrapped Bitcoin (WBTC) represents a significant innovation in the cryptocurrency ecosystem, serving as a bridge that connects Bitcoin’s value to decentralized finance (DeFi) applications on other prominent blockchains like Ethereum and Solana. Developed collaboratively by BitGo, Kyber Network, and Ren, WBTC maintains a 1:1 peg to Bitcoin, enabling seamless transactions across various platforms. Despite its
The cybersecurity landscape is notorious for its unpredictability, and the third quarter of 2024 exemplifies this tension. Although only 28 hacking incidents were reported, marking the lowest volume in three years, the total monetary loss of $463.6 million raises red flags. This decline in the frequency of hacks may appear promising at first glance, but
In a significant move for the cryptocurrency trading landscape, Bybit, one of the leading exchanges, has launched an Islamic crypto account tailored specifically for its Muslim clientele. This initiative represents a pioneering effort to align crypto trading with Islamic financial principles, addressing a long-overdue gap in the market. Announced on September 24, the account introduces
With the rise of blockchain technology and cryptocurrency gaming, the platform Telegram is making notable strides in the realm of gaming through the popular title, Rocky Rabbit. Recently, the game saw a significant shift with the introduction of its RabBitcoin (RBTC) tokens, marking an exciting period for players and investors alike. Following the conclusion of
On October 2nd, Taiwan’s Financial Supervisory Commission (FSC) made significant strides in its regulatory framework by introducing updated Anti-Money Laundering (AML) guidelines aimed specifically at virtual asset service providers (VASPs). These measures underscore Taiwan’s commitment to enhancing the oversight of the rapidly evolving cryptocurrency sector, which has garnered both enthusiasm and skepticism from investors and
Opeyemi’s journey into the world of cryptocurrency is not one that many would have predicted. Initially veering towards different interests, he found himself irresistibly captivated by the digital asset industry over two years ago. This shift is emblematic of a growing trend where individuals from diverse backgrounds are immersing themselves in cryptocurrency due to its
In a significant turn of events for the cryptocurrency market, TrustToken and TrueCoin, the driving forces behind the TrueUSD (TUSD) stablecoin, have recently resolved their issues with the U.S. Securities and Exchange Commission (SEC). The companies reached a settlement after facing allegations of fraudulent practices and the unregistered sale of investment contracts. The SEC’s scrutiny
The US spot Bitcoin ETFs appear to have hit a turbulent patch lately, experiencing a significant reverse from a previously explosive growth in net inflows. Last week had started on a high note, with Bitcoin ETFs enjoying a remarkable influx of over $1.1 billion in net inflows over just five trading days. This surge had