Tag: Cryptocurrency market
Scroll’s SCR Token Market Cap Reaches $212M Amid Volatile Trading
Scroll's native governance token, SCR, made a splash in the market with a market cap of $212 million and a fully diluted value of $1.1 billion. Despite an initial trading price of $1.40, the...
Crypto Regulation: SEC Chair Gary Gensler’s Views on Cryptocurrency as Currency
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler recently shared his views on cryptocurrency during an event at NYU School of Law in Manhattan. Gensler expressed skepticism about the idea of bitcoin or...
Debunking ‘Paper Bitcoin’ Myths: Insights from Brian Armstrong and ETF Experts
Rumors surrounding Coinbase and BlackRock were swiftly debunked by industry experts this past week, putting an end to speculation about potential market manipulation. The accusations stemmed from crypto analyst Tyler Durden, who alleged that...
Bitcoin Dogs (0DOG) Attempts $0.04934 as Bitcoin (BTC) Turns Bullish
Bitcoin Dogs (0DOG) Rises as Bitcoin (BTC) Enters Bullish TerritoryWith Bitcoin's price showing signs of a bullish rally, altcoins like Bitcoin Dogs (0DOG) are expected to benefit from the positive momentum in the cryptocurrency...
Tether Invests $3 Million in Kem to Boost USDT Adoption
Tether, the leading stablecoin issuer, recently made a strategic investment of $3 million in the Kem app to increase the adoption of its stablecoin USDT. This investment aims to help Tether reach new markets...
Bitcoin’s Future Brightens as Key Stablecoin Metric Hits 18-Month Low
Bitcoin has shown resilience in the face of recent market volatility, quickly bouncing back to nearly $60,000 after a drop below $50,000 last week. This recovery is supported by a key metric called the...
Analysis: Short-Term Holders Hold 2.5M BTC at Loss
Short-Term Holders Hold 2.5M BTC at LossRecently, it has been reported that short-term holders of Bitcoin are currently holding 2.5 million BTC at a loss. This news has sparked interest and concern among the...
Navigating Short-term Bitcoin Investing: How to Avoid Panic Selling
Short-term Bitcoin investors are currently facing challenges as the average price for short-term holders stands at $64,860. This could lead to panic selling if there is another significant sell-off in the market. The latest...
Santa Monica Bitcoin Office Boosts Cryptocurrency Adoption in California
The city of Santa Monica in California has taken a significant step towards embracing cryptocurrency by launching a Bitcoin Office. The main objectives of this office are to educate the local community about Bitcoin...
DTX Exchange Raises $1.2 Million, Cryptocurrency Market Turns Green
DTX Exchange Raises $1.2 Million, Cryptocurrency Market Turns GreenCryptocurrency prices made a strong recovery this week after concerns about the Japanese yen faded. Following a sharp decline on Monday, most cryptocurrencies saw double-digit gains....