South Korean authorities have arrested 215 individuals in connection with a massive cryptocurrency investment scam worth an estimated 325.6 billion won – around $232 million. The arrests, led by the Anti-Corruption and Economic Crime Investigation Unit of the Gyeonggi Southern Provincial Police, involve employees of a fraudulent investment consulting firm and its founder, who happens…
Cardano Foundation, the non-profit organization behind the Cardano ecosystem, has unveiled its financial report for 2023, detailing its expenses across three major areas. Notably, the Financial Insights Report is the foundation’s first and part of its efforts to uphold the principles of transparency and openness. According to the report, the Cardano Foundation primarily spent most…
A recent analysis has revealed that the non-fungible token (NFT) market struggled in 2024, with untimely price drops and several failed projects. The research by NFTevening and digital PR agency Storible examined more than 29,000 NFT collections released throughout the year, compiling data from OpenSea and Dune analytics. NFT Market Profitability Struggles Dubbed “State of…
[PRESS RELEASE – HO CHI MINH, Vietnam, November 17th, 2024] Recently, CoinList conducted a poll asking users, “What category of projects do you want to see most on CoinList?” underscoring growing interest in decentralized infrastructure solutions. Following this, CoinList announced an exciting partnership with U2U Network, a DePIN-focused Layer 1, for an exclusive pre-listing campaign.…
Ever since the US presidential elections in the middle of last week, the spot Bitcoin ETFs had enjoyed a massive demand trend with a couple of $1+ billion inflow days before a slight change in investors’ tactics. The spot Ethereum ETFs also had some noteworthy days but ended the week in the red. Billions Enter…
The trailing 12-month percentage change for all items in the Consumer Price Index (CPI) fell to 2.6% in October, according to the latest US Bureau of Labor Statistics data out Wednesday. That may signal the beginning of a bull market in dollar-denominated assets across the board as the economy roars into 2025. The CPI measures the…
Despite bitcoin’s (BTC) remarkable ascent to $93,400 over the last few days, analysts at the market analytics platform CryptoQuant say the cryptocurrency is still not overvalued and that the $100,000 region could be its next victim. According to a weekly report, the Trader On-chain realized max band suggests that BTC could crush the $100,000 target…
An increase in both OI and prices typically indicates that new money is entering the market — indicative of a bullish trend.
TL;DR PEPE has surged in value, solidifying itself as the third-largest meme coin. ChatGPT evaluated its odds of becoming the biggest in its niche before the end of 2024. What are PEPE’s Chances? The frog-themed meme coin – Pepe (PEPE) – has been one of crypto’s frontrunners in the past week, registering a triple-digit price increase.…
[PRESS RELEASE – Saint Lucia, Saint Lucia, November 17th, 2024] PrimeXBT has unveiled a new feature in its Reward Center: Trader Tasks. This innovative system is designed to encourage traders for their activity and skill development on the platform. Users can get substantial bonuses and progress towards becoming a Pro Trader, by completing a series…