Author: Leonor Assunção

In a significant stride for the cryptocurrency mining industry, 14 chief US-based Bitcoin mining players have recorded a cumulative network hash rate that represents nearly a quarter of the global market. These companies have shown impressive performance, effectively carving out a 23.8% stake in market influence. This percentage reflects an uptick from what was previously […]

David Hirsch, the high-ranking official spearheading the enforcement of crypto regulations at the U.S. Securities and Exchange Commission (SEC), has elected to step down from his position. His departure marks the end of a critical role within the agency, given the ongoing complexity and burgeoning nature of cryptocurrency regulation. During his tenure, Hirsch helmed the […]

Crypto Market’s Dual Narratives: dYdX Declines, 5thScape Accelerates In the turbulent seas of the cryptocurrency market, dYdX—a decentralized exchange token—has witnessed a significant descent, falling by 7.7% to a price level of $1.75. Its slump is part of a longer-term downtrend where it has tumbled over 61% from its peak in March 2024. Despite this, […]

The value of Bitcoin, the leading cryptocurrency, has marginally dropped by 0.34% over the past 24 hours, finding itself at $65,764.8 early in the morning. Previously, the digital currency peaked at $66,914 on Sunday, demonstrating a volatile week. After surpassing the $70,000 threshold on Wednesday, Bitcoin experienced a retreat and continued on a downward trajectory […]

Unprecedented Shifts in the Cryptocurrency Dynamics The cryptocurrency landscape has once again been subject to powerful fluctuations, with Ethereum significantly overtaking Bitcoin in a recent wave of market liquidations. Data reveals a remarkable 78.8% jump in liquidations over a mere 24-hour period, climbing over the $75 million threshold. Ethereum: A New Market Leader? This upheaval […]

Ripple, a forerunner in blockchain technology, is steering global financial innovation by working with ten national governments on the development of Central Bank Digital Currencies (CBDCs). At the core of these groundbreaking ventures lies the company’s desire to transcend the theoretical and usher in a new era of practical utility for its XRP Ledger. The […]

Ethereum’s Pectra upgrade, set for an early 2025 release, has the crypto community buzzing with its promise to revamp the network’s execution and consensus layers. The amalgamation of this update with the previous Prague and Electra overhauls is expected to raise the maximum effective balance of staking to a sizeable 2,048 ETH. Yet, as the […]

The Crypto Landscape’s Dynamic Progress Cryptocurrency continues to pave the way for financial progress and technology, keeping enthusiasts and professionals on their toes with groundbreaking developments and intricate regulatory landscapes. Among these, the Industrial and Commercial Bank of China (ICBC) steps up, equating Bitcoin to “digital gold” and Ethereum to “digital oil” due to their […]

As the dynamic world of cryptocurrency continues to evolve, the past week has seen divergent fortunes among various digital coins. Boldly rising to the occasion, several cryptocurrencies have experienced remarkable gains, establishing themselves as the champions of the week. In contrast, certain digital assets weren’t as fortunate, meeting the other end of the spectrum with […]