Occasionally, we feel compelled to remind everyone of the shebeen’s basic rule regarding cryptocurrency: when somebody comes up to you and says, “Hey, look, I invented new money,” and if there’s no seltzer bottle or cream pie handy, run like hell in the other direction. In addition, there is an unusually high strange-to-normal ratio among … Read more
London, UK, May 08, 2024 (GLOBE NEWSWIRE) — As the cryptocurrency market continues its promising journey towards a major rebound this May 2024, global investors are eagerly eyeing up potential opportunities for the spring months. Among the top picks that have “made” the “investor list” as best projects of the moment, are BlockDAG Network and Bitcoin, each … Read more
Tellor (TRB) has made impressive gains in a week, up 200% month-to-date and trending in social platforms. Finbold turned to cryptocurrency indicators, looking for insights on whether this could be a buy or sell signal for TRB. Tellor is a $355 million Oracle network and a direct competitor to Chainlink (LINK) in relaying off-chain data … Read more
From Bitcoin and Ethereum to Dogecoin and Tether, there are thousands of different cryptocurrencies, which can make it overwhelming when you’re first getting started in the world of crypto. To help you get your bearings, these are the top 10 cryptocurrencies to invest in based on their market capitalization or the total value of all … Read more
Investing.com– Bitcoin price slid on Wednesday, further reversing a rebound seen over the weekend as persistent concerns over more regulatory scrutiny against the cryptocurrency industry kept traders largely wary of buying in. Broader crypto prices were also pressured by uncertainty over U.S. interest rates, after several Federal Reserve officials signaled this week that the central … Read more
Almost all customers of collapsed cryptocurrency exchange FTX will get their money back — and more, according to a court filing. FTX estimates that it owes creditors around $11.2 billion, according to a reorganization plan published late Tuesday. The company said it has between $14.5 billion and $16.3 billion to distribute to creditors. Customers whose … Read more
The cryptocurrency market has taken a beating in the last 24 hours, with the global market cap falling 2.2% to $2.41 trillion. Bitcoin (BTC) has fallen 2.1% and is trading at just over $62,000. Memecoins are among the best-performing category of crypto assets, not only in 2023 but also in 2024. Let’s look at the … Read more
The cryptocurrency market experienced the Bitcoin halving event last week where the supply of BTC was cut in half. The development makes Bitcoin scarcely available in the market at a time when there’s a huge demand for the cryptocurrency. As the demand for the cryptocurrency is high, the move could make its price sustainably scale up in the indices in May 2024. … Read more
Eighteen months after its collapse, FTX is ready to repay its customers in full. The cryptocurrency exchange says it has pulled together assets worth $14.5 and $16.3 billion, enough to pay back 98% of its creditors 118% of what they are owed. The remaining 2% would get back 100% of their claim under a plan … Read more
The U.S. Department of Justice announced that Russian Alexander Vinnik, who operated the dismantled BTC-e cryptocurrency exchange, has entered a guilty plea over charges relating to his involvement in laundering cybercrime proceeds worldwide between 2011 and 2017, reports The Hacker News. Aside from receiving more than $4 billion worth of Bitcoin, BTC-e had also processed … Read more