A sophisticated cyber attack recently took place on NFT Trader, a platform, for peer to peer trading. As a result of this attack NFTs almost $3 million were stolen.
Author: WebsCrypto Team
WebsCrypto Team
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Sygnum Banks report reveals some shifts in the way institutional investors perceive and approach cryptocurrencies, based on their recent survey.
An important event took place in the cryptocurrency market that involved a whale who had been inactive, for a time. This entity moved an amount of 2,101 bitcoins which had not been touched since 2015.
The meme cryptocurrency Bonk (BONK) which operates on the Solana blockchain has seen growth in the asset market.
The recent increase, in Bitcoins transaction fees and the resulting high earnings for miners mainly driven by inscription based transfers is a development in the world of cryptocurrencies.
According to an analysis, by JPMorgan, Ethereum, which currently holds the position in terms of market capitalization among cryptocurrencies is expected to experience substantial growth and surpass Bitcoin and other cryptocurrencies by 2024.
Bitget, a known cryptocurrency exchange specializing in derivatives has published a prediction report that paints a future, for the Bitcoin ecosystem.
VanEck, an asset management firm has released some projections, for the cryptocurrency market in 2024 focusing specifically on Bitcoin.
The evaluation of the derivatives market, for Bitcoin after the price fluctuations reveals a ultimately positive sentiment among traders.
On December 9 2023 there was a development, in the Bitcoin mining landscape. When block height reached 820,512 the difficulty rating for Bitcoin mining dropped by 0.96%.
Anthony Scaramucci, the founder of Skybridge Capital has expressed his views, on the future of Bitcoin.
Starting from $3.25 billion in mid October it has now reached a value of $14.35 billion showing a significant gain of over 340% in just two months.
The value of Bitcoin dropped sharply falling by 6.5% from $43,357, to a point of $40,659 in 20 minutes before recovering slightly to $41,960.
The recent drop, in the value of Bitcoin has had an impact on the cryptocurrency mining industry and related companies.
There has been a market rally, in meme coins with Dogecoin (DOGE) Shiba Inu (SHIB) Pepe (PEPE) and Bonk (BONK) experiencing increases, in value.
Amid geopolitical and economic shifts, gold hits a historic peak while Bitcoin’s value soars, reflecting diverse investor confidence and market dynamics.
Amidst the ongoing debate on cryptocurrency’s value, Galaxy Digital’s Mike Novogratz defends Bitcoin against Jamie Dimon’s critical remarks, highlighting its market performance and investor support.
Ethereum’s recent 4% rise to $2,358 reflects its growing dominance in the cryptocurrency market, overshadowing Bitcoin with stronger investor interest and promising technical indicators.
In a strategic move to align with global digital markets, Japan plans to exempt corporations from taxes on unrealized gains in cryptocurrency, encouraging long-term digital asset investments.
VanEck’s latest SEC filing introduces a spot Bitcoin ETF under the “HODL” ticker, competing with Fidelity’s “FBTC” and BlackRock’s anticipated entry in the evolving cryptocurrency ETF market.