Bitcoin loses market dominance for the first time since 2018
Bitcoin’s dominance over the crypto market has been below the 50 percent mark after Ethereum for the first time since 2018. (ATH). This loss at present comes when Ether, the native currency of Ethereum’s second largest network, reached the next ATH, $2,600 as BTC Peers reported earlier today, at 49.52 percent at the time of […]
Tiger Global makes its first India cryptocurrency firm investment
In the Tiger Global Management Series B funding round, CoinSwitch Kuber, an Indian crypto-monetary investment platform, raised over $25 million (Rs 181 crore) at a cost of more than $500 million. This is the first investment in an Indian cryptocurrency company made by New York-based Tiger Global. CoinSwitch is also the highest funded player in […]
$2B crypto scam: Turkish exchange Thodex goes silent, sparks user outcry
Thodex was left unable to access its digital assets by hundreds of thousands of Turkish exchangers after Wednesday’s trade platform shut down abruptly and spurred up fraud and thousands of criminal charges. Thedox on Thursday announced it would be closed 4 to 5 days due to the sale process on its website. “When the share […]
DOGE out of control? Social media and whales sway Dogecoin price action
In the month of April Dogecoin (DOGE) spoke of the crypto town. It traded in its usual $0.05 range on the first day of the month. Tesla CEO Elon Musk was tweeting about the coin once again on the day of April Fools. His tweet read, ‘SpaceX will put a literal Dogecoin on the literal […]
No Ethereum Killers For a While, Says Weiss Crypto
As the cost of gas for Ethereum (ETH) continues to increase, faster networks have migrated, but no one has been able, according to Weiss Crypto, to ‘kill ETH‘ yet. Weiss Crypto has reported that in the current cycle, Ethereum has recovered strongly from its fourth market correction. Market analysis and risk rating company ETH traded […]