Author name: Peter

Ethereum's Recent Price Surge and Factors Behind It Veteran trader Peter Brandt recently announced on social media platform X (formerly known as Twitter) that he has taken a short position on ethereum (ETH), the second-largest cryptocurrency by market capitalization. Brandt, who has a following of 707,000 on X, also shared a technical chart to explain […]

Introduction Grayscale, one of the largest cryptocurrency asset management firms in the world, has recently addressed the issue of taxation in relation to the adoption of a cash creation model for an upcoming spot Bitcoin exchange-traded fund (ETF). The firm has clarified that there would be no disadvantage for a spot Bitcoin ETF that qualifies

NFT Trader Compromised: Loss of $2.85 Million in Valuable NFTs According to reports and confirmation from the peer-to-peer non-fungible token (NFT) market platform, NFT Trader, a security breach has occurred. The breach was a result of an exploit in an outdated smart contract, leading to the theft of esteemed digital collectibles worth nearly $3 million.

In recent weeks, the meme-inspired cryptocurrency bonk (BONK) has experienced significant growth against the U.S. dollar and has now surpassed pepe (PEPE) to become the third-largest meme coin in terms of market capitalization. Over the past month, the Solana-based BONK has surged by over 621% in value when measured against the greenback. BONK’s Astonishing Climb:

The stablecoin asset, FDUSD, has experienced significant growth in the past two weeks, leading it to become the fifth largest fiat-pegged cryptocurrency in the market. During this period, the supply of FDUSD has increased by 74%, resulting in a market capitalization of $1.61 billion as of December 17, 2023. FDUSD Supply Swells by 74% in