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Bitcoin (BTC) experienced a sharp decline this week, plummeting from a high of $96,500 on Monday, February 24, to a three-month low of $86,050 on Tuesday, February 25. This steep drop triggered a wave of panic selling among short-term holders, who collectively realized losses of $1.7 billion—the highest since August 2024, when losses surpassed $2.4…
The ongoing lawsuit between Ripple and the U.S. Securities and Exchange Commission (SEC) continues to stir anxiety within the crypto community. Despite recent settlements with Coinbase and Robinhood, Ripple’s case remains unresolved, raising concerns about potential delays in its final resolution. Legal Divide on XRP Lawsuit’s Complexity Legal experts remain divided on the lawsuit’s trajectory….
GameStop is facing calls to allocate its $5 billion cash reserves to Bitcoin as part of a bold financial strategy. Matt Cole, CEO of Strive Asset Management, has sent a letter to GameStop CEO Ryan Cohen, urging the company to embrace Bitcoin to safeguard its financial future. JUST IN: GameStop CEO receives letter urging the…
Dogecoin (DOGE) has experienced a significant downturn, leaving investors grappling with losses. At the time of writing, DOGE is trading at $0.213, marking a 5.17% increase in the past 24 hours. However, the meme coin remains 15.72% lower over the past week, underscoring its ongoing volatility. Declining Network Activity Raises Red Flags While Dogecoin shows…
The cryptocurrency market has been shaken by the recent large-scale liquidation of XRP, as whales offloaded over 370 million tokens in just 96 hours. This massive sell-off has ignited speculation among investors regarding the motives behind such a move and its potential impact on XRP’s price stability. Whales have sold over 370 million $XRP in…
Ethereum’s price remains trapped between $2,100 and $2,800, with no clear direction in sight. Bulls attempt to push higher, but sellers continue to defend key resistance levels. Every attempt to break above $2,800 has failed, leading to increased bearish pressure. Meanwhile, traders closely monitor crucial support zones, anticipating a decisive move that could result in…
VeChain (VET) has unveiled a significant overhaul of its tokenomics in a strategic bid to boost engagement and reward active participants. This bold initiative comes at a time when the broader cryptocurrency market is experiencing a downturn, raising questions about its potential impact on VET’s future trajectory. VeChain’s Tokenomics Overhaul Historically, VeChain’s dual-token model included…
Hedera Hashgraph is redefining the landscape of distributed ledger technology (DLT) with a revolutionary approach that tackles the inherent limitations of traditional blockchain networks. By offering a high-speed, low-cost, and enterprise-ready solution, Hedera promises near-instant transaction finality while maintaining decentralization and security. How Hedera Hashgraph Works Unlike conventional blockchains that rely on proof-of-work (PoW) or…
Terra Luna Classic (LUNC) is once again in the spotlight as Binance extends its support for the network’s latest upgrade. This significant development has fueled speculation about a potential price breakout for LUNC, despite prevailing bearish trends in the broader cryptocurrency market. Binance’s endorsement, coupled with crucial updates to the Terra Luna Classic ecosystem, raises…
The cryptocurrency market has suffered extreme volatility following a sharp global stock market downturn on Tuesday. Bitcoin (BTC) dropped below $87,000, while major altcoins, including Ethereum (ETH) and Chainlink (LINK), faced similar declines. Massive Liquidations Hit Crypto Market According to Coinglass data, the past 24 hours have seen a staggering $1.49 billion liquidated from the…