Browsing:Crypto News

Dogecoin (DOGE) witnessed a 5% surge
9 months ago 1 min read

Dogecoin Surges By 5% Following Twitter Rebranding, While Bitcoin Dips to $29K

Dogecoin (DOGE) witnessed a 5% surge in response to Twitter’s rebranding announcement on Monday 24, 2023, while bitcoin (BTC) slightly dropped below $29,100. The rebranding move by Elon Musk’s Twitter is part of the company’s transition to X Corp or X.AI, a division of Musk’s AI-focused group of firms known as X. Further, the world’s richest man added dogecoin’s ticker logo to his bio, sparking speculation about the most meme crypto playing a more prominent role in the rebranded company. However, amidst the excitement surrounding DOGE’s potential involvement, the Bitcoin market experienced a liquidation event. Over $30 million representing over

Bitcoin (BTC) reached a milestone with the mining of Block 800,000
9 months ago 1 min read

Bitcoin Block 800,000 Has Just Been Mined: A Historic Moment in BTC’s Journey

Bitcoin (BTC) reached a milestone with the mining of Block 800,000, marking a historic occasion in its 14.5-year journey. James Check, the lead on-chain analyst at Glassnode, shared fascinating insights on Twitter about the progress of the Bitcoin network up until this point. According to James Check’s analysis, 19.437 million BTC have been created until Block 800,000, with miners getting 268.700 BTC in fees. The all-time Bitcoin miner revenue stands at around $52.593 billion, with the majority coming from block subsidies (94.5%) and a smaller portion from fees (5.5%). Furthermore, Checkmate revealed that around 7.5% of the 19.4 million mined

A Bitcoin wallet holding 1,037 BTC
9 months ago 1 min read

11 years old Bitcoin wallet awakens, moves $31 million in BTC

A Bitcoin wallet holding 1,037 BTC, worth around $31 million, has sprung to life after remaining untouched for more than 11 years. The crypto was transferred out, signaling a potential move in the crypto market. The sudden move has caught the attention of traders and analysts, raising questions about the source and intentions behind the dormant Bitcoin wallet’s awakening. The transfer of the 1,037 BTC occurred when the price of Bitcoin was around $29,956 on July 22, according to BitInfoCharts. The on-chain analytics platform Lookonchain showed that BTC was first acquired on April 11, 2012, when the cryptocurrency was trading

https://optimisus.com/news/crypto-news/chainlink-link-surges-20-to-reach-three-month-high-what-lies-ahead/
9 months ago 1 min read

StormX Token Price Experiences Volatility Amid ‘Emergency’ Contract Incident After Surging by Over 120%

The StormX token, a crypto cash-back project, has recently faced market manipulation amid what appears to be an “emergency incident” in its contract. A Binance customer service representative acknowledged the issue on Twitter and assured users that the relevant team is urgently addressing the situation. As the 268th-ranked cryptocurrency by market capitalization, StormX’s token price experienced significant fluctuations over the past 24 hours, surging from $0.0063 to almost $0.015 before retracing fully. Binance, one of the leading cryptocurrency exchanges, acknowledged the “emergency incident of the STMX contract” in a Twitter message from @sisibinance. The translated tweet indicated that the relevant

bitcoin (BTC) making trading under $30K.
9 months ago 1 min read

Bitcoin ($BTC) Trades Under $30K Ahead of Crucial Fed Rate Decision and Options Expiry Date

The crypto market experienced another day of subdued trading, with bitcoin (BTC) trading below $30,000. Meanwhile, other major cryptocurrencies like Ether (ETH) remained relatively steady, while altcoins such as SOL and XRP showed signs of recovery after facing earlier losses. Despite the overall market drudgery, MKR, the governance token of MakerDAO, managed to secure significant gains due to a token buyback program activation. However, not all tokens fared well, as CNC plummeted by 75% following a significant exploit in the Conic Finance decentralized finance protocol. As investors anticipate a possible Federal Reserve interest rate increase and bitcoin options expiry next

Chainlink (LINK) Price Soars 20% to Touch Three-Month High
9 months ago 1 min read

Chainlink (LINK) Surges 20% to Reach Three-Month High: What Lies Ahead?

Chainlink (LINK), the Web3 services platform with its native cryptocurrency, has witnessed an impressive price rally, soaring nearly 20% in the last 24 hours. This surge has propelled Chainlink to reach the $8 mark, a significant milestone not seen in the last three months. Chainlink’s native cryptocurrency, LINK, plays a pivotal role in powering the platform’s decentralized Oracle network. This innovative network serves as a bridge between smart contracts on the blockchain and real-world data, enabling seamless and secure interactions. The recent surge in Chainlink’s trading price highlights the growing recognition of its utility and significance in the crypto market.

Kuwait has made a significant move in the realm of cryptocurrency regulation.
9 months ago 2 mins read

Kuwait’s Central Markets Authority Ban Crypto Activities: Understanding the New Regulations

Kuwait, a nation in the Middle East, has recently made a significant move in the realm of cryptocurrency regulation. On July 19, the Central Markets Authority (CMA), Kuwait’s financial watchdog, issued a circular declaring all cryptocurrency activities, including investment, payments, and mining, illegal in the country. The circular also prohibits local regulators from granting licenses to those intending to offer cryptocurrency services as a commercial business. Kuwait’s financial regulator, the CMA, has unequivocally banned all cryptocurrency-related activities within the country. This prohibition encompasses crypto investment, payments, and even mining operations. In addition, the CMA has explicitly forbidden local regulators from

XRP Witnesses Remarkable Surge of Over 70% as Judge Favors Ripple in SEC Lawsuit
9 months ago 1 min read

Ripple’s XRP Surpasses Bitcoin in Trading Volume After a 60% Surge Over the Week

XRP, the native token of the XRP Ledger, has taken the cryptocurrency market by storm with a remarkable 60% price surge in just one week. Notably, XRP’s trading volume has skyrocketed to an impressive 21% of the entire market, surpassing Bitcoin’s trading volume, which stands at 20%. The surge came on the heels of a significant legal victory for Ripple, the major player in the XRP space, in its battle against the U.S. Securities and Exchange Commission (SEC). The court ruling declared that XRP is not necessarily a security, igniting bullish sentiments among analysts and projecting potential growth for the

XRP Price Surges 10%
9 months ago 1 min read

XRP Price Skyrockets 10%, Boosting Altcoin Market While Bitcoin Dominance Wanes

In the ever-evolving world of cryptocurrencies, Ripple’s XRP continues to gain momentum, outperforming Bitcoin (BTC) and leading the pack of smaller tokens. In the past 24 hours, XRP surged by 10%, solidifying its position as one of the top cryptocurrencies by market capitalization. The recent favorable ruling in the ongoing court battle with the Securities and Exchange Commission (SEC) has played a significant role in boosting XRP’s appeal to investors. As a result, major exchanges like Coinbase, Kraken, and Bitstamp have relisted XRP, attracting renewed interest and investments in the token. While Bitcoin and Ethereum remained relatively stable during the

Ripple's XRP 6.2% surge in the past 24 hours has garnered attention
9 months ago 1 min read

Ripple’s XRP Jumps 6% Amid Rumors of Possible SEC Settlement

As the crypto market experienced a downward trend at the beginning of the week, XRP has emerged as a standout performer, making strides towards reclaiming its yearly high. The digital asset’s 6.2% surge in the past 24 hours has garnered attention, especially in the wake of further developments in the ongoing case between Ripple and the US Securities and Exchange Commission (SEC). While most of the top 25 cryptocurrencies struggled to gain traction, XRP and Stellar (XLM) showed remarkable resilience with gains exceeding 6% and 9.6% respectively. Currently trading at $0.78, XRP’s price surge was triggered by the recent landmark

A wallet address containing pre-mined Ethereum tokens awakened after 8 years
9 months ago 2 mins read

Long-Forgotten Ethereum Whale With $116M in ETH Awakens After 8 Years

A wallet address containing pre-mined Ethereum tokens, valued at $116 million, has recently sprung back to life after lying dormant for eight years. The entire stash of 61,216 Ether was moved to a Kraken exchange wallet address, marking a significant event in the crypto world. In June 2014, Ethereum conducted a sale event that allowed early team members and co-founders to accumulate pre-mined Ether. At that time, the network was unable to generate tokens independently, making this event crucial for the project’s development. The Ether was acquired when the token traded in the range of $300 to $400, meaning the

the Sui network has recently witnessed a remarkable surge in transaction volume
9 months ago 1 min read

Sui Network Experiences Surge in Transactions and Active Users, Unveiling Potential Concerns

Despite being a newcomer, the Sui network has recently witnessed a remarkable surge in transaction volume, marking a significant milestone in its growth journey. The surge began around 4th July, with approximately 400,000 transactions recorded at that time. Within a short period, the number of transactions swiftly soared to over 1 million and has now surpassed 1.2 million—a staggering increase of over 3,000% within the past 30 days. This surge in transaction activity can be attributed to the recent launch of an engaging game called Game 8192, which has generated notable transaction blocks with each play. The network’s active account

About us

Optimisus is a Dubai-based fintech media company. We cover the latest AI, crypto, NFT, metaverse, blockchain, and Fintech news influencing the crypto industry.

Email: media@optimisus.com

Get Instant Notifications

Join over million readers and get the latest posts delivered straight to your inbox.

© copyright 2024 all rights reserved | Optimisus