The past 24 hours witnessed a staggering surge in altcoin futures liquidations, spearheaded by Big Time’s BIGTIME and Ordi Protocol’s ORDI tokens, culminating in a colossal $250 million wiped out across the altcoin spectrum. This sharp shakeup lays bare the abrupt and unpredictable swings pulsing through the market’s veins. Understanding Liquidations: When Margin Calls Become…
In the last day, the frog-inspired memecoin known as Pepe (PEPE$0.000041052), which caught fire in popularity a few months ago, dropped close to 4%. This dip reflects a cooling off in trading volume across the meme token space, retreating from the feverish activity witnessed earlier this week. The broader landscape of meme cryptocurrencies, as tracked…
On social media, a bitter spat between two Cardano-based startups has boiled over, prompting blockchain pioneer Charles Hoskinson to step in on YouTube this week with a blunt call to action: “get your s**t together.” The intensity of the quarrel underscores the growing pains within this ambitious blockchain ecosystem. CardStarter, self-styled as a “decentralized accelerator”…
After Friday’s regulatory alert sent ripples through social media, the Central Bank of Nigeria (CBN) released a detailed five-page clarification on Sunday, emphasizing its established stance on cryptocurrencies. Reiterating a Familiar Position, Not Introducing New Curbs Rather than unveiling fresh constraints, the CBN’s recent letter to financial institutions was primarily a reminder that digital currencies…
Early Tuesday’s crypto market rally, led by Bitcoin soaring to around $57,300, was sparked by a German government body reclaiming more than $200 million worth of BTC from multiple exchanges during late U.S. trading hours—this move breathed new life into investor confidence. Over the past 24 hours, Bitcoin surged approximately 3.5%, trading just above $57,300…