Malaysia was rocked by an unexpected discovery on Tuesday when an explosion and billowing smoke from a house along Lorong Cekara Purnama, Bandar Puncak Alam, led authorities to uncover an illegal bitcoin mining operation. The latest development comes as the Southeast Asian country continues to battle unauthorized crypto mining, which has caused significant financial losses…
Bitcoin’s price has been consolidating in a tight range, giving no indication about whether it’s going to recover or experience a deeper correction. Figuring out whether there is an accumulation or a distribution happening would be key to determining the future direction of the market. Technical Analysis By Edris Derakhshi (TradingRage) The Daily Chart On…
Ripple’s price has been on a massive uptrend over recent weeks, even with the flash crash it experienced a couple of weeks ago. Yet, for a further bullish continuation to materialize, a specific resistance range needs to be overcome. By Edris Derakhshi (TradingRage) The USDT Paired Chart Against USDT, the cryptocurrency has recently gone through…
There has been a resurgence in transactions per token on the Tron-based platform for the launch and trading of meme coins, SunPump. The latest trend indicates a renewed interest in meme coins within the Tron network, as this controversial category has seen increasing adoption and even official acknowledgment from high-profile figures, including political leaders and…
Argentina’s President Javier Milei is facing impeachment threats after endorsing a cryptocurrency called LIBRA, purportedly intended to support small businesses, which instead crashed and lost billions of dollars in value within hours, according to Reuters. In a now-deleted late Friday post on X, Milei promoted LIBRA as a privately run project designed to raise money…
Pudgy Penguins NFT holders have amassed significant rewards from a series of lucrative airdrops over the past year. The latest data suggest that this figure could be around $137,000 per NFT at peak valuations. Pudgy Penguins Holders Score Big According to CoinGecko’s latest report, the largest contributor to these gains was the PENGU airdrop, which…
The following article is an op-ed by Debra Nita, Associate Director, Head of Growth at YAP Global. The next crypto breakthrough won’t come from a whitepaper or promises to “revolutionize finance.” It will emerge from something simpler, more human. Like NFTs, gaming and decentralized finance (DeFi) took off in retail popularity in 2021-22, the current…
TL;DR Dogecoin has retraced to the key 0.618 Fibonacci level, with analysts predicting a potential rebound and even a surge to a new all-time high of $2.30. The SEC’s acknowledgment of Grayscale’s DOGE ETF application boosts optimism, with a 76% chance of approval by year-end, potentially driving long-term price growth. Bullish Reversal in the Cards?…
The last 24 hours have been relatively quiet for Bitcoin (BTC) and some of the large-cap altcoins. The primary cryptocurrency has shown very slight volatility, trading at almost the same level observed yesterday (February 15). Such is the case with many of its biggest rivals, including Ethereum (ETH), Ripple (XRP), Solana (SOL), and more. On…
Bitcoin mining hardware is facing increased scrutiny from US officials. Recent seizures at entry points hint at a broader enforcement push that could impact major manufacturers and miners alike. At the request of the Federal Communications Commission (FCC), US Customs and Border Protection (CBP) has been seizing bitcoin mining ASICs at ports of entry across…