According to a recent analysis by crypto news site Protos, non-fungible token (NFT) sales plummeted 90% since the record sales on May 3. Market data shows over 130,000 NFT sales in a single day, and 30 days later, NFT sales dropped more than 35% last month, reaching over 84,000. Since peaking on May 3, when…
Bitcoin and other cryptocurrencies are a “farce” and a symptom of financial bubbles forming in the markets, said Pascal Blanque, chief investment officer (CIO) at Amundi. Reuters reports that Blanque said at the news conference on Thursday, cryptocurrency regulators will ultimately “stop the music” and be forced to end the party. In a recent research…
National Bank of Egypt and UAE Financial Service Provider Set to Leverage Decentralized Payments Network RippleNet The National Bank of Egypt (NBE) has partnered with Ripple (XRP) to establish a cross-border payments corridor with the United Arab Emirates via RippleNet, according to a press release published on Tuesday. “Egypt ranks amongst the top five countries…
Currently, the cryptocurrency market is clearly showing a decline in major coins, but among all this, a sudden drop, at about the same time, in many major stablecoins, clearly stands out At 13:30 UTC, major cryptocurrencies are bleeding, and the top 10 by market capitalization are seeing losses between bitcoin (BTC)’s 23% and binance coin…
For a year and a half, Ethereum was at risk of a serious DoS attack threat, and last month, Ether held a Berlin hardfork in which there was a solution to this problem, read more about this and the comments of the developers below: According to the May 18 post written by Ethereum developer Péter…
The collapse of bitcoin was followed by the fall of the entire market, and today we will try to consider and analyze the reasons that led to this: How is this related to the ban of cryptocurrency in China? How Elon Musk influenced the situation and more And then, BTC crashed to almost USD 30,000,…