Tag: plummeting
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Ethereum leads NFT market with over US$10 million in sales
Ethereum is the top-ranking blockchain in the non-fungible tokens (NFT) market for the second consecutive day, with sales exceeding US$10.24 million in the past...
This April Fools Joke Ends With a 25% Loss for Crypto Investors
On April 1, Juicebox’s content manager appeared to have announced that the Ethereum-based crowdfunding platform had secured a fake $69 million funding round supported...
Solana DeFi Trading Hits All-Time High Amid Meme Coin Frenzy – Decrypt
Trading volume across Solana decentralized exchanges (DEXs) reached a new monthly all-time high mark after topping $58.4 billion in March, according to data from...
South Korea’s Upbit trading volume tanks
South Korean cryptocurrency exchange Upbit has seen a dramatic decline in trading volume, plummeting to US$3.8 billion in early April from a record high...
Sam Bankman-Fried Receives 25-Year Prison Sentence For Involvement In FTX Cryptocurrency Exchange Demise – CryptoInfoNet
“`htmlSam Bankman-Fried, the former crypto tycoon, received a 25-year prison term on Thursday for orchestrating a monumental fraud scheme, as adjudicated by U.S. courts.At...
‘Som Bonkmon Fraud’: SBF Meme Coins Pump 300x, Then Crash After Sentencing – Decrypt
If the 25 year prison sentence announced today for disgraced FTX founder Sam Bankman-Fried came as a shock to any, here’s a related development...
BAYC leads NFT sales as CryptoPunks cool down after historic sale
Bored Ape Yacht Club (BAYC), Yuga Labs’ Ethereum-based non-fungible token collection, topped the NFT industry’s sales ranking on Friday despite a 19% dip.
BAYC had...
Vitalik Says Ethereum Must Achieve Mainstream Adoption Within Five Years – The Defiant
Buterin pointed to stablecoins and non-financial applications like social and identity as key opportunities for Ethereum to reach new users.Vitalik Buterin, Ethereum’s co-founder and...
JPMorgan Analysts Warn: Bitcoin’s Sharp Correction May Not Be Over
In a tumultuous week for cryptocurrency markets, the price of Bitcoin (BTC) experienced a significant correction, plummeting by over 15% before staging a rebound...
Transaction Fees On Layer 2 Plummet Post Dencun – The Defiant
Fees across leading Layer 2s supporting EIP-4844 have fallen by between 50% and 98%.Layer 2 networks that support EIP-4844 are already enjoying massive scalability...
Bitcoin sees violent volatility after hitting new ATH second time in a week
Bitcoin hit a new all-time high for the second time this week and once again experienced a violent sell-off that erased its gains and...