Kelvin

Bitcoin (BTC) Price Stalls After Halving: What’s Next – Rally or Correction?

Five days have passed since the fourth Bitcoin (BTC) halving, and the cryptocurrency market is still in a state of anticipation and uncertainty. Bitcoin finds itself locked in a sideways movement, with its price oscillating between the $60,000 and $74,000 range. However, beneath this apparent stagnation lies a subtle upward momentum, evidenced by Bitcoin’s gradual…

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El Salvador’s Chivo Wallet Hacked! Bitcoin ATMs at Risk, User Data Compromised

Summary   Hackers leaked parts of Chivo Wallet’s source code and VPN credentials, putting El Salvador’s Bitcoin ATMs at risk.     The hacker group, CiberInteligenciaSV, claims the leak is to expose weaknesses in El Salvador’s government-backed Bitcoin adoption.     Salvadoran authorities haven’t commented on the hack, leaving questions unanswered. A startling revelation has surfaced: sections of the Chivo…

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Nigeria Denies Freezing Bybit, KuCoin, OKX, and Binance User Accounts; What’s the Truth?

Summary Central Bank of Nigeria denies freezing accounts of Bybit, KuCoin, OKX, and Binance users.     Regulatory environment for cryptocurrencies in Nigeria faces scrutiny amid shifting policies.     Nigerian government’s crackdown on platforms like Binance adds to regulatory complexities and uncertainties. The Central Bank of Nigeria (CBN) has found itself embroiled in a maelstrom of controversy amid…

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Why is the Crypto Market Down Today?

In the tumultuous landscape of cryptocurrency markets, the past 24 hours have witnessed a significant upheaval, marked by a notable 4% decrease in the total market capitalization, now hovering at approximately $2.48 trillion. This downturn, echoing across digital asset classes, finds its focal point in the resolute movements of Bitcoin (BTC), the flagship cryptocurrency. The…

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WLD Token Price on Watch as Worldcoin Plans $195 Million Sell-Off

Story Highlights Story Highlights Worldcoin is selling WLD tokens to institutions, potentially increasing supply and impacting price. Worldcoin aims to use the funds to support development and meet demand for verified IDs. WLD price has fluctuated significantly after a billy early this year. The volatile nature of Worldcoin’s digital asset, the WLD tokens, has set…

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Crypto Market Braces for Mt. Gox Bitcoin Payout: Will Prices Sink or Swim?

Story Highlights The resurgence of Mount Gox, a former heavyweight in the Bitcoin exchange sphere, has ignited a mix of anticipation and apprehension as it prepares to reimburse a staggering $9.5 billion to its creditors. This substantial amount, consisting of 142,000 Bitcoin and 143,000 Bitcoin Cash (BCH), has sparked speculation and debate regarding its potential…

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Unfazed by SEC Lawsuit, Ripple Prepares for IPO with Strong Investor Interest

Story Highlights  Ripple believes the SEC’s penalties are too harsh and are challenging them in court.     Ripple’s CTO, David Schwartz, is a strong believer in XRP and regrets prioritizing stock options over XRP.     Ripple’s dispute with the SEC over expert materials submission led to a 6% price increase for XRP. Ripple, the prominent entity behind…

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Secrets of Success: Patience and Long-Term Thinking in Crypto Trading

Many individuals involved in crypto trading perceive it as a shortcut to wealth, but this mindset carries significant risks. Embracing such beliefs often leads to substantial losses. In the realm of crypto trading, patience emerges as a critical virtue, yet it’s a topic often overlooked among traders. Let’s delve into why patience holds such importance…

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Economic Impact on Crypto: What Every Trader Needs to Know

Have you ever considered the impact of factors like unemployment on the crypto market, similar to how they influence other investments? Surprisingly, they do have an effect! For crypto traders, it’s vital to stay informed about significant economic events. However, not all developments have the same impact on crypto. Some are more crucial than others….

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