Cryptocurrency

Alibaba NFTs… censored? On June 8, AliExpress, the online retail subsidiary of Chinese tech conglomerate Alibaba, announced that it had joined forces with Web3 developer The Moment3! to create a series of NFTs based on shopping themes. The upcoming collection will feature 5,555 NFTs and is scheduled to debut on June 25, 2023. Less than

Author of Undressing Bitcoin: A Revealing Guide to the World’s Most Revolutionary Asset and host of The Layah Heilpern Show. Author, podcaster and crypto influencer Layah Heilpern’s unapologetic and sometimes controversial tweets have amassed her an impressive 606,900 Twitter followers. She tells Hall of Flame she fearlessly “speaks the truth about things” and admires others

Long-time Bitcoin (BTC) advocate Jack Dorsey has found himself in a Twitter war with several crypto industry pundits after he responded with “yes” to a question asking if Ether (ETH) was a security. The comment caught the attention of Udi Wertheimer, a Bitcoin Ordinals developer at Taproot Wizards, who inferred Dorsey was a “clown” in

The Crypto Fear and Greed Index — a tool that measures broader market sentiment towards Bitcoin and the broader crypto market — has dipped to a level of “fear” not witnessed since March 11 this year, when Circle’s USD coin (USDC) briefly lost its dollar-peg.  The stumble in market sentiment comes in the wake of

A two-month-long lull in cryptocurrency optimism has seen online search interest for “crypto” and other common cryptocurrency terms stumble down to late 2020 levels. According to data from Google Trends, the term “crypto” currently has a score of 17, which is well off its reference point of 100 in May 2021. Bitcoin (BTC) and Ethereum have

Top Stories This Week Dogecoin investors accuse Elon Musk of insider trading in amended class-action lawsuit A group of Dogecoin investors has requested leave to amend a class-action lawsuit against tech entrepreneur Elon Musk, alleging he is responsible for insider trading of DOGE and asserting the token is a security under U.S. Securities and Exchange

On June 2, the price of Arbitrum jumped alongside the top-ranking cryptocurrencies after the United States Senate voted to raise the debt limit. Why is the ARB price up today? The price of Arbitrum (ARB) rose 9% to an intraday high of $1.25, beating the crypto market’s total overall gains of 1.5% in the same period. Arbitrum’s

Demox Labs has debuted a new wallet for the privacy-oriented Aleo blockchain network, according to a June 1 announcement. Called “Leo,” the wallet allows users to generate zero-knowledge (ZK) proofs within their browsers, letting them interact with Aleo’s ZK-based apps. Aleo is in its testnet phase but expects to launch a mainnet later this year.

The number of staked Ether (ETH) in May reached a new all-time high of 2.96 million ETH, or approximately 2.46% of the total ETH supply. The amount of staked ETH in May does not include withdrawals and is more than twice as big as the second-highest staked amount of ETH registered in February 2022. The

In episode 22 of Hashing It Out with Cointelegraph’s Elisha Owusu Akyaw, Sara Gherghelas, blockchain research analyst at DappRadar — a cryptocurrency data tracking platform — discusses the recent hype around memecoins, while looking at on-chain data. Gherghelas also provides insights on how other sectors, such as nonfungible tokens (NFTs), are faring as memecoins take

Tether-issued USDT (USDT) stablecoin broke past a new all-time-high market cap of over $83 billion as it continues its stablecoin market dominance. The new ATH market cap for the USDT stablecoin comes in a year when other stablecoin issuers are struggling to remain afloat due to regulatory ire. The same was pointed out by cryptocurrency

Some of the most sought-after nonfungible tokens (NFTs) of 2022 have taken a massive hit in value over the past year. The trend mirrors the depreciating value of metaverse properties in 2023, which were considered top virtual lands for investment in 2022. Investments in top NFT projects, including Doodles, Invisible Friends, Moonbirds and Goblintown, have

More than 386 million Optimism (OP) tokens — worth $587 million at current prices — are scheduled to be unlocked on May 31 as the initial vesting period for early contributors and investors comes to an end, prompting concerns about downward price pressure. The May 31 OP unlock is one of the largest scheduled unlocking

Adding to the existing number of protocol hacks in the crypto industry, Jimbos Protocol has not escaped the sights of the attackers as it has suffered an attack resulting in a loss of a large amount of funds. According to PeckShield, a blockchain security unit, Jimbos Protocol, the liquidity protocol of the Arbitrum system, was

Bitcoin (BTC) remains pinned below $27,000 and the recent weakness of the past few days has increased calls from analysts for a fall to the low $20,000 levels. While anything is possible, the bulls are unlikely to give up the $25,000 support without putting up a fight. Glassnode’s lead on-chain analyst Checkmate said in his

Crypto embraced, then forgotten by Chinese state television On May 23, China Central Television (CCTV), the country’s government-owned broadcasting corporation, aired a short, 98-second segment regarding the adoption of cryptocurrencies in Hong Kong. During the session, state news anchors briefed its audience on how Hong Kong regulators “have made final preparations” for the trading of

Ether’s price has been stuck below $1,920 for the past 16 days, which is especially concerning since the latest breakout attempt on May 6 lasted less than 24 hours. Excluding this brief price pump, Ether’s (ETH) journey below $1,920 was initiated on April 21, over 30 days ago. One can likely blame the Ethereum network’s $8.80

City: OsakaCountry: JapanPopulation: 19 millionFounded: 1889 (as a municipality)Language: Japanese Jump to: Understand, Crypto culture, Projects and companies, Financial infrastructure, Where can I spend crypto?, Education, Controversies and collapses, Notable figures in Osaka and Japan. Understand As one of the largest cities in Japan, Osaka and the broader Kansai region stand out in contrast to

A bearish market structure has been pressuring cryptocurrencies’ prices for the past six weeks, driving the total market capitalization to its lowest level in two months at $1.13 trillion. According to two derivative metrics, crypto bulls will have a hard time to break the downtrend, even though analyzing a shorter timeframe provides a neutral view

Top Stories This Week Hyperbitcoinization coming, says Bitcoin OG as ‘wholecoiners’ hit 1 million Bitcoin has crossed a significant threshold this month — there are over 1 million addresses that hold at least 1 BTC. Data from Glassnode shows an escalating pattern with regard to the amount of so-called Bitcoin “wholecoiners.” If the trend continues,