Max Keiser, the flamboyant advocate for Bitcoin, has once again taken center stage, directing his critique at Ripple’s XRP in a recent Twitter rant. Labeling XRP as “centralized garbage,” Keiser boldly predicted a plunge in its price to a mere one cent. Unsurprisingly, Keiser’s followers, accustomed to his unwavering support for Bitcoin and skepticism towards

The hash rate on the Bitcoin network has surpassed 500 exahashes per second, setting a new all-time high. A significant rise in the computational power guarding the blockchain is shown by this development. The hash rate is a measure of the computing power allocated to the Bitcoin network; it shows

A security issue affecting over 66,000 customers was recently reported by Trezor, a manufacturer of crypto hardware wallets. Concern among those involved with digital assets has been heightened by the announcement of this occurrence on January 20. The contact information of users who have interacted with the support staff since

Cardano founder Charles Hoskinson recently dismissed a report tarnishing the image of the crypto’s blockchain ecosystem. According to the report, the network currently has almost no real-world utility compared to other major cryptocurrencies like Bitcoin and Ethereum. The report also noted that despite its huge daily transaction count, Cardano’s native token, ADA has mostly been

Elsewhere, Axie Infinity’s developer gets its first CEO and 1inch DAO lawyers up

Bitcoin, the world’s largest cryptocurrency by market capitalization, appears to be still struggling a week after the approval of spot BTC ETFs in the US. While the premier cryptocurrency failed to capitalize on this positive development, the price of Ethereum – the acclaimed king of altcoins – soared to new highs. Interestingly, cryptocurrency analysts and

A distinct account for the impending payments function has been established by Elon Musk’s “everything app” X (previously Twitter), leading the crypto community to speculate about the prospective application of cryptocurrencies. Many are waiting for the X app to launch its in-app payment features by the middle of 2024. The

A recent crypto crime report by blockchain analytics firm Chainalysis has revealed that the vast majority of cryptocurrency transactions, approximately 99.6%, are used for legal purposes. The study sheds light on the evolving landscape of cryptocurrency usage and challenges prevailing narratives surrounding illicit activities in the crypto space. According to the report, the total value

The “Newborn Nine” Bitcoin ETFs have collectively amassed 95,000 BTC, with collective assets under management (AUM) nearing $4 billion, according to available data. According to Bloomberg ETF analyst Eric Balchunas, this remarkable inflow of capital highlights the growing investor appetite for digital assets and the increasing acceptance of cryptocurrencies in mainstream finance. Balchunas pointed out
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In a stunning turn of events, the TerraUSD (UST) stablecoin project and its creator, Terraform Labs, find themselves grappling with Chapter 11 bankruptcy in the United States. The turmoil began with the disastrous depegging of UST in May 2022, creating shockwaves across the cryptocurrency market and leaving investors with billions of dollars vanished. Related Reading: