The level of Bitcoin mining energy consumption is on par with that of some countries. This statement is often mentioned as one of Bitcoin’s main drawbacks, as consumption takes its toll on the environment. However, Bitcoin advocates argue that things are not that simple, and in some ways, Bitcoin is an eco-friendly technology. How come,…
Maple Finance’s token continued its strong rally on Saturday as the total value locked in its platform and whale accumulation soared. Maple (SYRUP) price soared to a high of $0.42 on Saturday, its highest level since November last year. It is one of the best-performing cryptocurrencies this year after soaring by 405% from its March…
AAVE token price has already jumped by over 132% from its lowest level in April, and a rare technical formation points to another 50% surge. AAVE (AAVE), the biggest player in decentralized finance, continued doing well this week as the total assets in its network jumped to a record high. According to its website, the…
Bitcoin’s price actions took a turn for the worse yesterday after US President Trump recommended a 50% general tariff against the European Union. The altcoins have also bled out on a daily scale, with more than $100 billion leaving the space within this timeframe. BTC Pushed Below $107K In general, it was a very good,…
Pepe price retreated on Saturday, May 24, mirroring the performance of Bitcoin and other altcoins. Pepe (PEPE), the second-biggest Ethereum (ETH) meme coin, dropped to $0.000014, down by 14% from its highest point this week. The retreat happened as market risks increased on Friday following Donald Trump’s threat to impose higher tariffs on European goods…
A US software developer’s brief London layover turned into a nightmare after a suspected abduction and crypto theft left him physically injured and financially gutted. Jacob Irwin-Cline, 30, says he was drugged by a fake Uber driver in the early hours of May 9, who allegedly used coercive tactics and a spiked cigarette to steal…
Crypto prices rose this week as US stock indices like the Dow Jones, S&P 500, and the Russell 2000 dropped sharply. The US dollar index also had the worst performance since April, when Donald Trump announced his “reciprocal” tariffs. Bitcoin (BTC) jumped to a record high of $111,900, while the market capitalization of all altcoins…
Key Takeaways X experienced its third global outage this week, affecting users worldwide. The platform has not explained the repeated service failures despite the disruptions. Share this article Elon Musk’s social platform X, formerly known as Twitter, suffered its third major outage this week, as users around the world reported widespread disruptions early Saturday morning….
A federal jury in Brooklyn has found Braden John Karony, former CEO of SafeMoon, guilty of conspiracy to commit securities fraud, wire fraud, and money laundering. The conviction follows an extensive 12-day trial and an 18-month investigation into one of the most high-profile crypto fraud cases in recent memory. Prosecutors alleged that Karony and his…
Ethereum price rally has stalled in the past 15 days, but Polymarket traders and technicals point to more upside in the coming weeks. Ethereum (ETH) traded at $2,550 on Saturday, a few points below this month’s high of $2,735. It has jumped 85% from its lowest level this year. Most Polymarket traders believe that ETH…
