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Analyst: Dogecoin Price Correction Just a Bump in the Road, Bull Run Still Coming

Despite Dogecoin’s continuous price decline, renowned cryptocurrency researcher Ali Martinez has alluded to a possible bull run for the cryptocurrency DOGE/USD. Martinez wrote on X, the former Twitter, on Wednesday, pointing out that Dogecoin is presently going through a 47% price correction, which is comparable to past cycles. He hypothesized that this might be the … Read more

Elliptic Uses AI and 200M Transactions to Fight Bitcoin Money Laundering

After training an artificial intelligence (AI) model on a record 200 million transactions, blockchain analytics company Elliptic claimed to have found possible money laundering tendencies on the Bitcoin network. This work is a follow-up to a 2019 program that utilized a dataset with only 200,000 transactions. 122,000 tagged “subgraphs,” or collections of related nodes and … Read more

15% Shiba Inu Price Drop: Short-Term Traders Blamed for Market Downturn

The value of the dog-themed cryptocurrency Shiba Inu (SHIB) has dropped significantly during the past day, losing almost 15% of its value. As of this writing, SHIB has pared back some of its intraday losses and was down 10.36% to $0.00002097 over the previous day. The SHIB price decline may have been sparked by the … Read more

Flying Penguin: The New Meme Coin Promising Huge Returns

Launched today, Flying Penguin (FLYPEN) is a Solana memecoin that seeks to compete with other dominant memecoins like Shiba Inu (SHIB) and Bonk (BONK). Flying Penguin offers a comparable potential to the enormous gains that early investors in SHIB and BONK experienced. Flying Penguin’s current market cap is less than $30,000, which means that early … Read more

Over $479 Million Lost in Liquidations as 140,000 Crypto Traders Get Burned

The cryptocurrency market is once more beginning the month of May on a negative note, with traders sitting on enormous capital losses following the excessively pessimistic April. According to data from market monitor Coinglass, 141,808 cryptocurrency dealers saw liquidation in the previous day. Over $479 million has been lost by these traders on their investments … Read more

Anchorage, Arca Labs Partner to Boost Tokenization Adoption

Through a collaboration with Arca Labs, Anchorage Digital is now custodial shares of a tokenized Treasury fund, with the goal of promoting institutional participation in the market. According to Anchorage CEO Nathan McCauley, Blockworks, the tokenization of physical assets will be a “defining trend” for institutional crypto in 2024. This is why there is a … Read more

KYC Concerns: Nigeria Freezes Fintech Accounts to Curb Crypto Abuse

Nigeria is working to improve Know Your Customer (KYC) compliance in both traditional and cryptocurrency investment. As part of this effort, the Central Bank of Nigeria (CBN) has ordered four fintech companies to cease accepting new clients. As part of an ongoing assessment of the KYC process, Nigerian fintech companies OPay, Kuda Bank, Moniepoint, and … Read more

Vitalik Buterin Analyzes “Binius”: A New Approach to Faster Zero-Knowledge

Vitalik Buterin, a co-founder of Ethereum, has talked about a new cryptographic proofing method that seeks to increase the efficiency of zero-knowledge proofs. Buterin described “Binius,” a method for highly efficient cryptographic proofs over binary fields, in a blog post on April 29. Its goal is to provide notable improvements in performance over conventional proof … Read more

Easier Crypto Buying: Uniswap Integrates Robinhood Connect

Robinhood Connect has been integrated by Uniswap to allow cryptocurrency purchases using mobile apps. The decentralized exchange Uniswap recently announced that its integration with Robinhood Connect enabled US users to purchase cryptocurrencies with money from bank transfers, debit cards, and Robinhood accounts. US with Robinhood Connect, Users Can Purchase Crypto An exclusive promotion would give … Read more

XRP, SOL, DOGE Open Interest Plummets 51% in a Month: Is Crypto Market Cooling Down?

The largest cryptocurrencies’ open interest (OI), such as XRPIn the past month, XRP Solana ~SOL} and Dogecoin `DOGE} have both dropped by 51%. The decline in open interest indicates that market participants are growing disenchanted, according to a post made on April 30 on X by cryptocurrency dealer TheCryptoMann. OI calculates the combined value of … Read more

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