Category: Latest News in cryptocurrency world

Story Highlights     Dogwifhat’s price surged 21% recently, fueled by social media hype and endorsements from big names.       Despite experiencing price drops in April, Dogwifhat recovered and broke a downtrend, suggesting potential for new highs.       Dogwifhat has a passionate community and venture capital backing. It could soon reach $10. The recent meteoric rise of…

Story Highlights    SHIB’s 10.4% surge to $0.000026 attracts attention, signaling market activity and potential gains.       SHIB’s burn rate spikes by 1009%, destroying 29.11 million tokens, impacting supply dynamics.       PayPal integration and Kraken Pro listing drive SHIB adoption, boosting market sentiment.. The Shiba Inu cryptocurrency (SHIB) has made an impressive leap of 10.4% in…

Baroness Stowell of Beeston’s advocacy, voiced on May 2nd, highlights a pressing concern regarding the UK’s AI market. As a distinguished member of the House of Lords, she called upon the British government to adopt a more proactive approach toward resolving copyright concerns and promoting equitable competition within the AI sector. This call to action…

In light of recent actions by the U.S. government aimed at crypto mixers, Edward Snowden, renowned for his whistleblowing activities and staunch advocacy for cryptocurrencies, issued a poignant message via X on Thursday. He implored Bitcoin developers to place greater emphasis on enhancing privacy within the cryptocurrency’s protocol. Snowden emphasized that the window of opportunity…

According to a recent report from CoinTelegraph, the Nigerian Securities and Exchange Commission (SEC) is scheduled to convene meetings with various cryptocurrency exchanges. The objective of these discussions is to delve into the current landscape of crypto regulation within the African nation. This development follows closely on the heels of significant regulatory actions undertaken by…

Following a weaker-than-anticipated US labor market report, Bitcoin (BTC) has surged back into the mid-$61,000 range. This development has fueled optimism regarding the possibility of the Federal Reserve implementing multiple interest rate cuts before the conclusion of 2024. ❖ US Labor Apr Nonfarm Payrolls +175K; Consensus +240K ❖ US Apr Unemployment Rate 3.9%; Consensus 3.8%…

Arthur Hayes, a prominent figure in the cryptocurrency space renowned for his role as the co-founder and former CEO of BitMEX crypto exchange, offered a glimpse into his optimistic perspective regarding the trajectory of Bitcoin’s price during a statement made on May 3rd. According to Hayes’ forecast, he envisages a scenario where Bitcoin’s price is…

IN BRIEF SHIB rebounded following the implementation of the two-stage Shibarium hard fork. ShibaInu seeks to enhance its native blockchain by implementing more efficient consensus mechanisms and reducing fees. ShibaInu introduces competition among Validators to offer competitive fees, encouraging increased BONE token deposits. The TREAT token is gaining recognition as a promising tool for executing…

Vodafone, a prominent telecommunications giant, is proactively exploring the utilization of SIM card technology to meet the anticipated surge in demand for cryptocurrency transactions conducted via mobile phones. In a revealing interview with Yahoo Finance Future Focus, David Palmer, Vodafone’s esteemed blockchain lead, shed light on the company’s strategic initiatives aimed at leveraging blockchain technology…

Volta, a burgeoning player in the cryptocurrency space, has successfully secured a substantial $4.1 million in seed funding. This financial injection aims to propel the development of a cutting-edge crypto platform tailored specifically for institutional investors, marking a significant milestone in the company’s journey towards revolutionizing the digital asset landscape. The funding round, as detailed…