As of 7:30 p.m. on Friday in Hong Kong, Bitcoin, the world’s largest cryptocurrency by market capitalization, was trading at US$26,846, marking a 1.78% rise from May 12. Meanwhile, Ether increased by 2.44% over the week, trading at US$1,808. Both cryptocurrencies have been trading under considerable pressure, with Bitcoin consistently below US$30,000 since April 19…
In the ever-evolving realm of cryptocurrency, where Bitcoin and Toncoin dominate, a new contender called Big Eyes Coin (BIG) is poised to make its mark. With unwavering determination, Big Eyes Coin aims to differentiate itself and become a standout cryptocurrency. As the countdown to its highly anticipated launch on June 15th, 2023, commences, the crypto…
Cryptocurrency magnate Do Kwon, facing charges in the U.S. for an extensive fraud case, has been awarded bail by a Montenegrin court. The court set the bail at 400,000 euros (equivalent to $440,320), as Kwon awaits his local trial. Kwon, a South Korean citizen and ex-CEO of Terraform Labs, the enterprise responsible for the now-defunct…
The cryptocurrency market has been hit by a downturn, with leading currencies Bitcoin and Ether suffering losses on Thursday. Bitcoin hovered around the $27,500 level, having momentarily surpassed $28,000 on Wednesday, influenced by a slowing U.S. inflation rate. The decrease arrives amidst growing liquidity worries following the withdrawal of major market makers Jane Street Group…