Distributing Bitcoin: Mt. Gox creditors await repayment amid crypto market concerns Crypto News: At its peak, in past, Mt. Gox accounted for over 70% of all Bitcoin transactions. The Tokyo-based crypto exchange is one of the oldest Bitcoin exchanges, operated from 2010 to 2014. Mt. Gox’s status as a major player in the crypto world made it vulnerable to hackers, and it went through a number of security breaches over the course of its existence. In 2011, hackers exploited stolen credentials to move Bitcoin. The following year, network protocols issues led to the loss of several thousand Bitcoins. It filed…

Ripple XRP price analysis shows a resilient performance amid ongoing legal battles and market volatility. In the past 24 hours, XRP has demonstrated strength, defying pressure from the SEC lawsuit and market fluctuations. Here’s a detailed analysis of today’s price action and its implications for XRP investors. In the last 24 hours, XRP has displayed bullish momentum, with its price surging from $0.52 to above $0.55. This uptrend reflects a 3% increase in the past trading day and a significant 11% rise over the previous week. The coin’s trading volume has also seen a substantial uptick, rising by over 45%…

Cardano (ADA) has demonstrated a recovery in its market price following a recent downturn that saw significant losses across the cryptocurrency sector. As of late, ADA’s price has managed to climb back, exceeding the $0.50 mark, a recovery supported by bullish investor sentiment and positive market trends. At press time, the bulls were still in control, with ADA exchanging hands at $0.5166, a 1.21% surge from the intra-day low.  ADA/USD 24-hour price chart (source: CoinMarketCap) Concurrently, ADA’s market capitalization and 24-hour trading view surged by 1.27% and 2.52% to $18,403,600,735 and $393,667,915, respectively. This resurgence is partly attributed to the…

The future appears bright for NEAR Protocol and its native token, NEAR In the vast and dynamic landscape of cryptocurrency, where trends can shift rapidly and new contenders emerge seemingly overnight, one platform has been steadily gaining momentum, propelling the current altcoin rally to new heights: NEAR Protocol. With its native token, NEAR, surging by approximately 15% in the last 24 hours, and the protocol’s blockchain generating over $1.2 million in fees, marking a remarkable 47% increase over the past 30 days, NEAR Protocol has captured the attention of investors and enthusiasts alike. At the heart of NEAR Protocol’s success…

Bitcoin, the world’s largest cryptocurrency by market capitalization, has found renewed bullish momentum, surging past the $65K mark in the wake of its recent halving event. The highly anticipated halving, which occurred on April 19th, 2024, reduced the rate at which new bitcoins enter circulation, constricting supply and providing a catalyst for price appreciation. As of the latest update, Bitcoin is trading at $66,151.00, reflecting a fair 0.37% gain over the past 24 hours. However, the crypto has recorded over 4.57% upswing over the past seven days, fuelled by the halving’s deflationary impact. BTC Data Chart (CoinMarketCap) Bitcoin’s market cap…

The XRP price is trading at $0.5447 as of 4:30 am EST, up 3% over the last 24 hours. XRP price has been rallying over the last few days, climbing 28% from a low of $0.4294 on April 13 to the current level. XRP’s performance comes after the number of wallets holding at least 1 million XRP has been steadily increasing over the past six weeks, rising by 3.1% and approaching the all-time high, according to data from Santiment. 🐳 The price of #XRP has jumped ahead of the #altcoin pack, jumping +6% and as high as $0.5687 today. The…

Ethereum (ETH) is the second largest cryptocurrency by market cap and is currently trading at $3,182.81, down 0.31% in the last 24 hours. Despite the slight dip, ETH has recorded a 4.53% gain over the past week and the market appears optimistic about its prospects, with a market cap of over $388 billion and a 24-hour trading volume of $11 billion, an 8.81% increase in the last 24 hours. ETH Data Chart (CoinMarketCap) The anticipation surrounding Ethereum’s potential rally is fueled by the recent approval of spot Bitcoin and Ethereum ETF applications in Hong Kong earlier last week, on April…

Crypto Scam: Discussing vulnerabilities of decentralized finance through Avraham Eisenberg Case Crypto News: The phrase “code is law” is a fundamental concept in decetalized finance (DeFi). This implies that the people involved in this system are required to abide by the rules encoded in the smart contracts and blockchain protocols no matter what. This suggests that the code governing these systems is the ultimate authority. But the recent crypto scam case, where Avraham Eisenberg got convicted for stealing US$110 million, tells another tale. This case is the proof that even in decentralized systems where code is meant to be law…

Explore the details of CIFDAQ unveils blockchain ecosystem in India CIFDAQ, an AI-powered Blockchain Ecosystem Powered by CIFDAQ, is a cutting-edge fintech firm that provides integrated solutions across the following areas: blockchain layer 1, native coin, exchange services, MPC Wallet, DeFi; NFT, gaming, and more. CIFDAQ is pleased to announce that it has opened its doors in India. CIFDAQ’s innovative solutions bridge the gap between traditional frameworks and blockchain technology, empowering businesses to thrive in a rapidly evolving Web 3.0 landscape. CIFDAQ ensures a balance between centralized government, decentralized economy, and users’ interests and prioritizes transparency, security, and scalability. Now,…

Bonk, a cryptocurrency with a current price of $0.000021, is showing a bullish sentiment according to a recent market analysis. With a predicted price of $0.000028, reflecting a 30% increase, investors are eyeing potential gains. However, it’s essential to delve deeper into the market dynamics to understand the factors influencing this sentiment. Current Price and Predictions Bonk’s current price stands at $0.000021. The predicted price of $0.000028 suggests a notable increase, indicating optimism among traders and investors. However, predictions are based on various factors and are subject to change based on market volatility and external influences. Sentiment Analysis The sentiment…