XRP Sees An Alarming 1,800% Surge In Liquidations, Whats Going On?

In the past day, there have been numerous XRP positions being closed, leading to heightened anxiety among XRP investors. The influence of the derivatives market on cryptocurrency prices is well-known, making this development particularly noteworthy. $1.32 Million XRP Positions Get Liquidated  According to Coinglass data, approximately $1.32 million worth of XRP positions were terminated in … Read more

Analysts Bullish on Bitcoin: Set Next Target At $82,000

Once more, Bitcoin‘s price surged strongly, shattering the $70,000 mark, showing determination for further growth. Bitcoin At $82,000 Remains The Target After a positive turnaround today, noted cryptocurrency guru and Bitcoin supporter, Crypto Jelle, has predicted a bullish trend for crypto assets, pointing to a potential short-term value of $82,000. Crypto Jelle highlighted that after … Read more

Trust Wallet Introduces MEV Protection for Secure and Fair Crypto Transactions

With over 80 million users, Trust Wallet, a prominent crypto wallet and Web3 access point, takes a step forward by introducing MEV (Miner Extractable Value) Protection. This innovative feature enhances the safety and impartiality of cryptocurrency transactions. In response to user concerns about technical glitches and hacking incidents, this implementation underscores Trust Wallet’s dedication to … Read more

Bitget’s Q1 2024 Report Reveals 100% Surge in Transactions Volume, While BGB Soars 80%

In Q1 2024, Bitget, a significant crypto exchange and Web3 company, unveiled its transparency report, highlighting remarkable expansion and commitment to a flourishing cryptocurrency community. The platform experienced a 100% increase in trading volumes for both spot and futures markets compared to the previous quarter. Additionally, the value of Bitget’s native BGB token rose by … Read more

Bitrace Empowers Hong Kong Police with On-Chain Crypto Funds Tracking Training

Bitrace, a company specializing in blockchain data analysis, has offered on-the-job training in blockchain fund tracking to the officers of the Hong Kong Police Force. This initiative, undertaken through Bitrace’s Corporate Social Responsibility program, aims to enhance the police force’s knowledge about blockchain technology. With Hong Kong emerging as a significant player in the crypto … Read more

South Korea’s Opposition Party Wins Parliamentary Vote, What It Means for Bitcoin and Crypto Markets

The Democratic Party (DPK) of South Korea’s opposition won a large number of seats in the parliamentary elections. This doesn’t necessarily mean President Yoon Suk Yeol will be removed, but signs suggest his term may only last three years. Additionally, following the DPK’s victory, Han Dong-hoon and Han Duck-soo stepped down as leader of the … Read more

Shiba Inu Surpasses 4 Million Addresses, Ignites Frenzy

Reaching over 4 million unique wallet addresses is an impressive accomplishment for Shiba Inu, signaling its rising prominence among digital assets. According to data from Glassnode, the number of Shiba Inu addresses has consistently increased in recent months, leading to this noteworthy achievement. Address Growth Signals Potential, But Activity Paints A Different Picture Although the … Read more

What to expect after the Bitcoin Halving: a look at post-halving performance

The Bitcoin Halving is approaching, marking a momentous occasion in the world of Cryptocurrencies. Historically, each halving has led to notable shifts in supply, demand, and price growth. However, given that Bitcoin‘s price has already reached a new record high before the halving, it’s worth pondering how this might influence post-halving trends. So let’s delve … Read more