Altcoins set for big move

After undergoing considerable adjustments, the market value of alternative cryptocurrencies is bouncing back strongly. With bitcoin approaching its latest record peak once more, various altcoins are competing fiercely to achieve their own price surges. Altcoin market cap in bull flag The price of bitcoin is inching closer to the peak of its bull flag, and … Read more

Riot’s Price jumps 23% on analysts’ bullish forecast

Riot’s shares experienced a significant increase of over 20%, ignited by positive forecasts from analysts anticipating considerable improvement in the company’s fiscal results. There’s been a lot of excitement among investors about Riot’s financial results, following some optimistic analyst forecasts. This enthusiasm was clear in the market, where Riot Platform’s stock (RIOT) on Nasdaq jumped … Read more

Binance loses 25% of Bitcoin market share as offshore markets shrinks

With the increasing diversity of offshore markets, Binance‘s dominance in the Bitcoin market share has dropped to 55%. On the other hand, Bybit has gained significant ground, rising from a 2% share to a leading 9.3%. The proportion of Bitcoin and altcoin trading outside the US market that Binance controls has noticeably decreased. Binance’s dominance … Read more

Bitcoin miners’ revenue drops amid declining transaction fees

After the Bitcoin (BTC) halving, the income of miners has progressively dropped. This trend is due to a significant decrease in the typical transaction fee on the network. Based on YCharts’ reported data, the typical Bitcoin network transaction fee decreased by approximately 28% over the last 24 hours and was roughly equal to $24.99 when … Read more

Binance-backed defi protocol Velvet Capital suffers front-end attack

The Velvet Capital team advises against linking your digital wallets to the protocol’s site due to a possible security risk from an attack on the website’s user interface. A decentralized finance (defi) protocol named Velvet Capital, functioning as an asset management dashboard, might have been attacked by hackers. On April 23rd, through a post on … Read more