CryptoNews

Study: 98% of 2024 NFT Drops Are Dead; Only 0.2% Have Generated Profits for Investors

November 12, 2024
A new study shows a slump in the NFT Market, with low trading activity and steep price drops hinting at potential market oversaturation. Demand and Supply Mismatch A study finds that 98% of non-fungible token (NFT) drops in 2024 have seen no trading activity since September, with 64% having fewer than 10 mints. This limited trading, according to the State of 2024 NFT Drops report, suggests a lack…
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CryptoNews

How Will Trump’s Win Affect the Crypto Market? Why Crypto All Stars Might Benefit?

November 8, 2024
Crypto investors are buzzing after yesterday’s election results revealed Trump will return to the White House. His last term saw Bitcoin explode onto the global stage – and now traders are hoping for another bull run. With Trump’s track record of pro-crypto comments, several tokens are emerging as top picks for growth. Crypto Market Surges After Trump Wins Election The financial markets are…
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CryptoNews

Dogecoin Primed for Massive Breakout: Peter Brandt Says 'In Musk We Trust'

November 7, 2024
Dogecoin is set for a major rally, with veteran trader Peter Brandt forecasting new all-time highs as Elon Musk’s influence and a channel breakout drive momentum. Peter Brandt Predicts DOGE Rally: Channel Breakout Signals New Highs With Elon Musk in Play Veteran trader and chart analyst Peter Brandt has indicated optimism about (DOGE) upcoming price trajectory, suggesting a likely surge in its…
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CryptoNews

Former Employee's Hidden Code Turns Workplace Into Crypto Mine

November 7, 2024
A Minnesota man, Joshua Paul Armbrust, 44, has been indicted for a “cryptojacking” scheme that exploited his former employer’s computing resources to mine ether (ETH), causing over $45,000 in damages, according to the U.S. Attorney’s Office for the District of…
CryptoNews

Operation Chokepoint 2.0: Regulatory Pressure on Crypto Services

November 5, 2024
Newly surfaced documents reveal over 20 cases where regulators allegedly pressured banks to halt crypto services, raising concerns of a covert crackdown on U.S. crypto firms. 20 Secretive Regulator Moves Targeting Crypto in Operation Chokepoint 2.0 Coinbase’s chief legal officer, Paul Grewal, disclosed on social media platform X on Friday findings related to what he describes as “Operation…
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