Crypto

The Breaking Point Ben Armstrong, the face of the popular cryptocurrency brand BitBoy Crypto, has been ousted from the company. The parent company of Hit Network, BJ Investment Holdings, took legal action to remove Armstrong from the BitBoy Crypto brand. This shocking development was announced on X (formerly Twitter) and has left the crypto community […]

The Victory and the Man Behind It Ripple Labs, led by its CEO Brad Garlinghouse, is planning a grand celebration in New York City on September 29, 2023, following a significant legal win against the U.S. Securities and Exchange Commission (SEC). The company has promised to reveal more details about the event in the coming

The Market’s Latest Woes The cryptocurrency market has been going through a turbulent phase recently, with Bitcoin (BTC) trading just below $26,000 and PEPE, a popular meme coin, experiencing a significant 22% weekly loss. This downturn in PEPE’s value comes after suspicious transfers that later turned out to be internal issues and thefts. Meanwhile, Bitcoin’s

The Shockwave Felt Across the Crypto Market An early investor in the meme-inspired cryptocurrency PEPE recently stunned the market with a jaw-dropping 54,725x return on investment (ROI). This investor initially bought 1.69 trillion PEPE tokens for a mere 0.0183 ETH (approximately $36.73) and later sold them for 1,001 ETH (around $1.73 million). This extraordinary feat

The Unusual Supply Drought According to crypto analytics platform Santiment, only 5.8% of the total Bitcoin (BTC) supply is currently held on trading platforms. This is the lowest level seen in approximately six years, last observed on December 17, 2017. The decline in BTC supply on exchanges indicates that investors are losing confidence in centralized

The Rise of Automated Profits on Friend.tech Maximal Extractable Value (MEV) bots operating on Friend.tech, a decentralized social media platform, have reportedly generated over $2 million in profits within just two weeks. According to data from Dune Analytics, collated by Tom Wan, a research analyst at 21Co, 121 automated bots managed to obtain over 21,800

The Market’s Sudden Shift The cryptocurrency market has been a rollercoaster of late, with Bitcoin’s price pump towards $27,000 coming to an abrupt halt, settling back to around $26,000. Meanwhile, the altcoin PEPE has seen a significant drop, losing over 20% of its value amid unfavorable speculations. This sudden shift occurred despite larger investors stacking

The Unveiling of a Sudden Decision Coinbase, a leading cryptocurrency exchange, has announced the suspension of trading for six cryptocurrency assets effective September 6, 2023, at 9 AM PT. The affected tokens are BarnBridge (BOND), DerivaDAO (DDX), Jupiter (JUP), Multichain (MULTI), Ooki (OOKI), and Voyager (VGX). This suspension will impact the assets’ access to core

The Big Players Make Their Move In the wake of the recent cryptocurrency market crash that started in mid-August, a specific group of Bitcoin investors—often referred to as “whales” and “sharks”—have been quietly accumulating significant amounts of Bitcoin. According to data from Santiment, these investors have purchased over 11,600 BTC, valued at nearly $308 million,