In the murky world of crypto, STIMMY Coin unfolds as Nigerian influencer Feyi orchestrates a shocking scam, laying bare the pitfalls of crypto investments. Brace yourself for a cautionary tale, exposing the darker realities within the crypto realm.
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Bitcoin ETFs make it possible for people like me and you to invest in Bitcoin without actually owning the digital currency. Instead of buying Bitcoin directly, we can buy shares or units of the ETF through our preferred brokerage accounts. The ETF takes care of holding the Bitcoin for the us
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The crypto market updates; Worldcoin is built on World ID, an identity network system protecting privacy with zero-knowledge proof. It aims to create the world’s largest identity and financial network. WLD is an ERC-20 token on Ethereum, and users receive grants through the Optimism Mainnet. It raised $250 million from investors like a16z, Khosla Ventures, Bain Capital Crypto, Blockchain Capital, and Tiger Global.
To buy WLD, investors can go to the Binance spot transactions menu and search for “WLD.” They can then choose to purchase it using either the WLD/BTC or WLD/USDT trading pairs.
The sudden drop in bitcoin led to a significant rise in liquidations. In just one minute, about $30 million worth of Bitcoin positions and $85 million worth of altcoin positions were liquidated. The cause of the decline remains uncertain, and it’s unclear whether it’s due to the liquidation of positions or if someone had prior knowledge of important news.
XRP has seen a significant rally after winning a legal battle against the SEC. It is now the most actively traded altcoin in 2023 with over $150 billion in trading volume, according to Kaiko data.
https://finbold.com/xrp-becomes-the-most-traded-altcoin-in-2023
A new announcement regarding some altcoins has come from Coinbase, the largest cryptocurrency exchange in the USA. These altcoins were listed as follows: “HNT, BLUR, ARB, EGLD, OO, AUDIO, LDO and ATA.
Dogecoin saw a resurgence as Elon Musk’s rebranded Twitter account featured the coin’s logo, leading to an 8.9% price increase to $0.08, the highest since April. The trading volume surged to over $1.7 billion. The rally was triggered by the symbol “Д appearing behind the new “X” logo for Musk’s company on his profile.
After winning a significant victory in the SEC-XRP lawsuit, Ripple is forming new partnerships. They recently signed an agreement with Palau, a Pacific island country, to pilot a US dollar-backed stablecoin on the XRP Ledger.
The US Federal Reserve has announced a 25 basis point interest rate increase, a decision closely watched by Bitcoin and cryptocurrency market followers, as it was widely anticipated.
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