Musk has begun to discuss using blockchain technology to streamline the government’s IT systems and cut unnecessary costs, according to recent reports. To wit, Musk is the new president’s official advisor on matters pertaining to government efficiency. President Donald Trump appointed him to head the DOGE: a White House office named the Department of Government
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Dean Norris, best known for his role in Breaking Bad, has become the target of hackers again. His X account was recently compromised to promote a fraudulent meme coin named DEAN. An X user who shared a screenshot of the deleted posts described the incident as one of the most believable scams they had ever
Bitcoin experienced a sharp decline of nearly 6% in the last 24 hours, falling briefly below $98,000. This drop occurred despite a significant development on Friday when President Donald Trump announced the formation of a crypto policy group set to shape the country’s crypto industry within six months. Market experts are now cautioning that further
After the quiet weekend, in which BTC stood primarily around $105,000, the asset’s price movements have turned sour, and it slumped to a weekly low of under $100,000. The altcoins have bled out even more heavily, with massive price declines from the likes of DOGE, XRP, ADA, SOL, and many others. Similar to the previous
Ethereum topped all blockchains in fee revenue for 2024, generating $2.48 billion over the year. This strong performance in fees, however, contrasted with ETH’s price, which underperformed expectations during the same period. All in all, Layer 1 and 2 blockchains collectively earned almost $6.9 billion from transaction fees last year. According to CoinGecko’s latest report,
Solana, the second-largest blockchain by Total Value Locked (TVL), has seen its ecosystem grow exponentially, driven by a rapid increase in the market value of its stablecoins. Data from the decentralized finance (DeFi) analytics platform DefiLlama shows that the networks stablecoin market cap had reached $10.7 billion at the time of writing. Previously, the highest
The Ethereum Foundation (EF), a non-profit supporting the Ethereum blockchain network, has established a multisig wallet to participate in the decentralized finance (DeFi) ecosystem. In line with this, the organization has initiated a transfer of 50,000 ETH worth approximately $165.3 million into the wallet. According to a January 20 X post by Hsiao-Wei Wang, recently
David Balland, the co-founder of Ledger, a prominent French cryptocurrency hardware wallet manufacturer, and his wife have been safely released following their kidnapping earlier this week. Paris prosecutor’s office further revealed that the couple was abducted from their residence during the early hours of Tuesday, January 21, and transported to an undisclosed location. Bloomberg report
Bitcoin price settled above the $100,500 resistance zone. BTC is consolidating gains and might aim for a fresh increase above the $105,000 zone. Bitcoin price started a decent upward move above the $104,500 zone. BTC was able to climb above the $105,500 and $106,000 levels. The bulls even pushed the price above the $106,500 level.
Although Bitcoin price action is still holding above the $100,000 price level, the past 24 hours have been highlighted by a 2.5% decline. According to liquidation data from Coinglass , this decline has seen $65.47 million worth of positions liquidated, with the majority ($54.10 million) being long positions. Crypto analyst Kevin (Kev_Capital_TA) noted a significant
A surprising twist within the crypto market has seen TRUMP token trading volume surpass XRP, with a massive price correction. This behavior of the market in a very unpredictable manner points to the fact that the crypto space is quite unpredictable and that speculative tokens often see tremendous trading activity swings, even as their prices
Dogecoin started a downside correction from the $0.400 zone against the US Dollar. DOGE is now consolidating and might attempt a fresh increase if it stays above $0.3350. Dogecoin price started a fresh decline from the $0.400 resistance zone, unlike Bitcoin and Ethereum. DOGE dipped below the $0.3800 and $0.3650 support levels. It even spiked
XRP price struggled to continue higher above the $3.25 level. The price is now correcting gains and might find bids near the $3.00 level. XRP price managed to start a fresh increase from the $3.050 support zone, but upsides were limited compared to Bitcoin. The price was able to surpass the $3.150 level before the
Ethereum price is consolidating above the $3,180 support. ETH must clear the $3,350 resistance zone to start a fresh increase in the near term. Ethereum price started a decent upward move from the $3,180 level, beating Bitcoin. ETH was able to surpass the $3,220 and $3,250 resistance levels. There was a break above a key
Dogecoin started a downside correction from the $0.400 zone against the US Dollar. DOGE is now consolidating and might attempt a fresh increase if it stays above $0.3350. Dogecoin price started a fresh decline from the $0.400 resistance zone, unlike Bitcoin and Ethereum. DOGE dipped below the $0.3800 and $0.3650 support levels. It even spiked
XRP price struggled to continue higher above the $3.25 level. The price is now correcting gains and might find bids near the $3.00 level. XRP price managed to start a fresh increase from the $3.050 support zone, but upsides were limited compared to Bitcoin. The price was able to surpass the $3.150 level before the
Ethereum price is consolidating above the $3,180 support. ETH must clear the $3,350 resistance zone to start a fresh increase in the near term. Ethereum price started a decent upward move from the $3,180 level, beating Bitcoin. ETH was able to surpass the $3,220 and $3,250 resistance levels. There was a break above a key
Bitcoin price settled above the $100,500 resistance zone. BTC is consolidating gains and might aim for a fresh increase above the $105,000 zone. Bitcoin price started a decent upward move above the $104,500 zone. BTC was able to climb above the $105,500 and $106,000 levels. The bulls even pushed the price above the $106,500 level.
Around 30,000 Bitcoin options contracts will expire on Friday, Jan. 24, and they have a notional value of roughly $3.1 billion. This weeks expiry event is slightly larger than last weeks, but it is unlikely to have any major impact on spot crypto markets, which have calmed following a volatile week. This weeks batch of
Chainlink (LINK) is navigating a turbulent market phase, recently experiencing an 11% decline after reaching a local high of $27 yesterday. This pullback reflects the heightened volatility sweeping through the cryptocurrency market, particularly affecting altcoins. Many altcoins, including Chainlink, are facing sharp declines and aggressive price swings as traders respond to uncertain conditions and Bitcoins