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An Overview of Bitcoin Market Dynamics Bitcoin has somewhat stabilized since its colossal rally, with its current price fluctuating between standpoints of $42,750 and $42,964 and a 24-hour range drifting between $41,820 & $43,192. Regardless of the variability, the cryptocurrency kingpin conserves its impressive market capitalization of $841 billion, with a 24-hour trading volume ofContinue reading “Uncovering Bitcoin Market Trends: A Deep Dive into BTC’s Push and Pull Forces”

Central Bank Digital Currencies Expected to Become Operational by 41% of Central Banks by 2028 In a recent study carried out by the Official Monetary and Financial Institutions Forum (OMFIF), it was revealed that approximately 41% of central banks anticipate they will have a working central bank digital currency (CBDC) by 2028. Surprisingly, about 30%Continue reading “Study Reveals: 41% of Central Banks Plan to Run Operational CBDCs by 2028”

Drainage of Cryptocurrency Wallets: Unveiling the Cyber Heist of Over $58 Million Recent findings brought to light by Scam Sniffer, a tool battling fraud, showcases a shocking sum of over $58 million being drained from cryptocurrency wallets through a malware dubbed as MS Wallet Drainer. Generated through Google search and X ads phishing links, theseContinue reading “Google and X Phishing Ads Exploited by MS Wallet Drainer, Amassing Over $58 Million”

Meme Coin PEPE Sinks to Rank Five in the Dog-Dominated Token Market The digital currency market, known for its volatility and unpredictability, has seen meme coin PEPE lose its traction. The meme coin, tied to the popular Pepe the Frog character, once claimed the third spot in terms of market capitalization has now descended toContinue reading “Frog-Inspired Meme Crypto, PEPE, Slips to Fifth Amid Dog-Themed Rivalry”

The Unforgettable Bitcoin Boom in December 2023: A Dive into Crypto’s Holiday Excitement In this digital era, the most awaited ‘Santa Claus rally’ took place in the world of cryptocurrency. This rally, which crypto enthusiasts eagerly await each year, sparkled the Bitcoin market in December with a refreshing 15.93% surge against the U.S dollar. ThisContinue reading “Bitcoin’s Enthusiastic December 2023 Surge: Unveiling the Holiday Crypto Craze”

Revolutionary Immigration Reform in El Salvador is Bitcoin-Friendly The Central American nation of El Salvador has recently made significant changes to its immigration policy, unlocking a speedy pathway for foreign donors contributing to the country’s socio-economic development programs to gain citizenship. Noteworthy, however, is the mode of contribution that El Salvador is welcoming- Bitcoin. ButContinue reading “El Salvador’s Law Accelerates Citizenship with Bitcoin Donations, Claims Report”

The Canadian-based Hive Digital Technologies Upscales Bitcoin Mining Capacity with Additional Bitmain Units In a bold move to ramp up its Bitcoin mining potential, Hive Digital Technologies, featured on the Nasdaq as HIVE, has recently revealed the incoming delivery of over 7,000 ASIC Bitcoin mining units from industry giant Bitmain. With deliveries scheduled to occurContinue reading “Hive Boosts Bitcoin Mining Capabilities with Addition of 7,000 Bitmain S21 Units”

Bitcoin vs Ethereum: Year 2023 in Review Throughout the last year, it has been observed that the premier digital currency, bitcoin, has fundamentally outperformed ethereum in numerous crucial aspects. Ethereum’s value has experienced a significant reduction of 27.65% in comparison to the price of bitcoin, going from 0.073 ether to the present level of 0.052Continue reading “Bitcoin Outperforms Ethereum in 2023: Leads in Market Cap, NFT Sales, and Revenue from Fees”

The digital currency market stormed ahead in 2023, swelling from a humble $827 billion at the close of 2022 to an overwhelming $1.736 trillion by year’s end. The explosion of the crypto economy witnessed several cryptocurrencies bolstering sizable growth, both in the top-tier and lower-ranking digital assets. 2023: A Roller Coaster Year in the CryptocurrencyContinue reading “Crypto Economy Skyrockets with $909 Billion Surge This Year – INJ and KAS Pioneering the 2023’s Massive Growth”