Bitcoin Surges as China Stimulus Boosts Markets

Bitcoin jumps

Bitcoin jumped to a seven-day high late Sunday evening, reaching $64,300, as Asian stocks displayed mixed reactions following China’s announcement of new economic stimulus measures. The world’s largest cryptocurrency gained 2.5% on the day, marking its highest level since October 7, driven by positive market sentiment following China’s promise to “significantly increase” its debt to […]

$1.3 Billion in PlusToken Ethereum Could Soon Hit Exchanges

Ponzi Scheme

As much as $1.3 billion worth of Ethereum (ETH) seized from the infamous PlusToken Ponzi scheme could soon flood the market, according to recent on-chain data. The potential liquidation of these assets is raising concerns about the effect on Ethereum’s price. Especially as some of the funds have already made their way to major cryptocurrency […]

Stripe Reinstates Crypto Payments with USDC Support

Stripe crypto payments

Stripe, the global payments behemoth, has re-entered the cryptocurrency space with a significant update. Reinstating support for crypto transactions six years after discontinuing Bitcoin payments. This strategic move aligns with Stripe’s April announcement and marks a significant expansion in their payment services. Reintroduction of Crypto on Stripe On Wednesday, Jeff Weinstein, Stripe’s product lead, took […]

“Money Electric” Probes Satoshi’s Mystery

Money Electric

HBO’s latest documentary, “Money Electric: The Bitcoin Mystery,” premiered this Tuesday. Aiming to unravel one of the cryptocurrency world’s most enduring puzzles: the identity of Satoshi Nakamoto. Directed by Cullen Hoback, the film explores the origins of Bitcoin and investigates several key figures from its early days. Including Peter Todd, a Bitcoin Core developer suspected […]

Cardi B Meme Coin Stirs Controversy

Cardi B

Rapper Cardi B has recently launched a meme coin dubbed WAP, an acronym matching her 2020 hit song’s title. Within just 12 hours of its release, on-chain analytics firm Bubblemaps reported that insiders, holding 60% of the initial supply, cashed out a staggering $500,000. The coin’s value soared to a $34 million market cap shortly […]

Solana Meme Coin Creator Ends His Project After Dangerous Stunt

Solana meme coin

In a shocking turn of events, Mikol, the creator of the Solana-based meme coin DARE. He has decided to abandon his project after suffering severe injuries from a stunt gone wrong. The developer was hospitalized with third-degree burns covering 30% of his body after setting himself on fire during a livestream in an attempt to […]

Binance Faces Declining Market Share

Binance

Crypto exchange Binance is experiencing a notable decline in its market dominance, processing significantly less trading volume compared to previous months, according to a recent report from digital asset data provider CCData. Reduced Trading Volumes and Market Share The report, published on October 3, highlights that Binance accounted for 36.6% of the combined volume for […]

The Truth Behind the $56.3 Million CryptoPunk Sale

Cryptopunks

A recent transaction claiming a record $56.3 million sale of a CryptoPunk NFT on Ethereum has sparked skepticism due to its peculiar circumstances and use of complex blockchain maneuvers, like flash loans, that suggest the transaction wasn’t a straightforward sale. Analyzing the Sale of CryptoPunk 1563 CryptoPunk 1563, which sold for a purported 24,000 ETH […]