Known lifestyle influencer and former kickboxer Andrew Tate has burned TOPG tokens valued at over $10 million after announcing it on social media. Tate received over 580 million TOPG tokens as a donation from an unnamed party, and announced that he would burn it so “everyone else makes money.” After burning the tokens, Tate celebrated […] Source CryptoX Portal
David Bailey, CEO of Bitcoin Magazine and Trump campaign cryptocurrency aide, has announced that Former President Donald Trump will participate in a Presidential Roundtable on domestic bitcoin mining as part of its new cryptocurrency-friendly policy. He revealed that big miners from the U.S. would be present at the event without disclosing the list of assistants. […] Source CryptoX Portal
Crypto exchange Binance is still leading the pack in more than one way, according to digital asset analytics firm Kaiko. In a new report, Kaiko ranks the top ten crypto exchanges in terms of liquidity, putting Binance at the top of the list, followed by Bybit and Coinbase. “Liquid exchanges offer superior trading conditions, such as reduced slippage and lower execution risk. While liquidity can be calculated in various ways, we’ve opted to develop a liquidity score for this quarter’s exchange ranking, using five metrics, including volume and market depth.…
Glassnode’s latest onchain analysis reveals a resurgence in speculative activity in the bitcoin (BTC) market after months of stagnation. This shift marks a potential change in market sentiment, with both short and long-term holders displaying increased engagement. Mt Gox Preparations Spark New Wave of Bitcoin Speculation Analysts at Glassnode reported the reappearance of speculative behavior […] Original
Today’s edition of the weekly recap covers a range of significant events: the crypto market faces sharp declines; Bitcoin and Ethereum ETFs experience notable activity; regulatory actions intensify globally; major expansion efforts highlight the sector’s growth ambitions; and key insights from the Money 20/20 conference. Source CryptoX Portal
Bitcoin’s hashprice, representing the anticipated value of one petahash per second (PH/s) per day of hashing power, climbed to $95 per petahash on June 8, marking the highest level since the halving. The increase derived from a rise in onchain fees. However, by the following day, bitcoin fees had substantially decreased, causing the hashprice to […] Original
This week saw a positive turn for the non-fungible token (NFT) market, with sales climbing more than 17% after a period of decline. The total sales reached $145.3 million, involving nearly 230,000 active buyers and sellers. Blockchains by NFT sales volume The Bitcoin (BTC) network led the charge in NFT sales among blockchains, It hit $47.74 million — a notable rise of 50.33% from last week. The network also registered more than $39,000 in wash trading — 15.39% higher than last week’s numbers. Despite the improved sales volume, the Bitcoin…
Bitcoin (BTC) briefly retested the $72,000 mark last week before retracing some of its gains. Meanwhile, some of the top cryptocurrencies achieved modest gains. The global cryptocurrency market capitalization rose modestly by $10 million, closing the week at $2.54 trillion. Here are our top cryptocurrencies to watch this week, based on their notable performances last week: ADA, TON and SWFTC prices – June 9 | Source: Santiment TON hits new ATH Toncoin (TON) exhibited noteworthy price action last week, starting the week strong after a massive 8.6% increase on June…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. The past few months for the crypto industry have been a whirlwind. We started the year strong with the approval of Bitcoin and ETH ETFs, an outlook on another defi summer, and regulatory clarification from Asian markets. Yet, it has not been all roses. We have seen commentators disappointed in the dwindling prospect of the ETH ETF approval in the West and regulatory actions that touch upon…
Daily active addresses on the Litecoin blockchain have seen a drastic uptick despite days of uninteresting price action. The substantial rise in active Litecoin addresses and overall interest suggests a price rally could be on the horizon. Litecoin’s price movement has generally been left behind in the past month, with the cryptocurrency struggling to retain a positive price in the past 30 days. However, this could change very soon, as on-chain data suggests volatility could be happening very soon. The positive on-chain data, which comes in the form of daily…