The cryptocurrency market is in turmoil as Bitcoin falls below the $55,000 support level! Mt. Gox repayment plan triggers chain reaction
![image WenJun](https://image.coinlive.com/24x24/cryptotwits-static/a8493e1c6748b42c3dae10c0b1c82784.jpeg)
Inspired by Vitalik Buterin's vision for scalable Ethereum solutions, MegaETH aims to pioneer real-time blockchain technology, backed by a $20 million seed funding round featuring Buterin as an angel investor. Set for an upcoming public testnet launch, MegaETH promises to revolutionize transaction speeds and scalability in blockchain applications.
Cryptocurrency acceptance is growing among luxury retailers like Ginza Xiaoma, signaling a shift towards digital payments in high-end markets globally. Despite challenges, increased business adoption and regulatory developments suggest a promising future for crypto as a mainstream payment method.
Metallica's official X account was hacked to promote the Solana token METAL, making them the latest victim of celebrity meme coin scams. Rapper 50 Cent and wrestler Hulk Logan also joined the growing list of victims this month.
Solana's price has sharply declined over the past month amidst a broader market correction and rumours of a criminal investigation. Are these claims unfounded, or is the popular altcoin at significant risk?
Farcaster, a decentralized social media platform on Ethereum, boasts unique features like "Frames" and blockchain-based user control, backed by figures like Vitalik Buterin. Its meteoric rise to a $1 billion valuation and recent user engagement declines prompt scrutiny over its sustainability and dependency on venture capital.
The US Consumer Price Index (CPI) data for May showed that the inflation rate remained at 0.3%, surpassing market expectations. However, on an annual basis, it decreased from 3.4% in the previous month to 3.3%. This cooling trend has sparked optimism in the market.
'Rich Dad Poor Dad' author Robert Kiyosaki predicts Bitcoin will hit $350K by late August 2024, driven by his distrust of US leadership. Will this forecast crash and burn like some of his previous speculations?
Ethereum whale amasses $76 million profit, resumes accumulation amid spot Ether ETF anticipation. Institutional moves suggest growing confidence in ETH.
SEC Chairman Gary Gensler predicts slow progress for Ethereum ETF approvals. Concerns raised over cryptocurrency exchange practices may impact S-1 approval process. Regulatory scrutiny expected to increase, potentially causing delays.
Answers to recent questions from readers. If you have any questions, please leave a message. We will sort them out and answer them together next time.
Participating in Nobody NFT left me with memories of my youth and a greater vision for the future of the crypto world.
Discover the groundbreaking collaboration between OKX, Stephen Chow, and Nobody NFT, bridging the worlds of cryptocurrency and celebrity influence. Explore the exclusive Nobody NFT whitelist, Stephen Chow's impact on the crypto world, and how this partnership is reshaping the NFT landscape.
The well-known director and actor from Hong Kong, Stephen Chow, reposted the MV of the new song 'Nobody' by Chinese-American rapper MC Jin on Instagram. The caption revealed that Moonbox's NFT collection 'Nobody' might be released.
OKX's temporary absence of an SFC licence in Hong Kong may affect Stephen Chow's progress in entering Web3.
NFTs are entering the mainstream, but this requires a streamlined and trustworthy experience in order to achieve mass adoption by the masses.
NFTs are tokenized assets that can be staked and maintained secure on NFT staking platforms.
Blue-chip NFT families like Azuki, Clone X, and Doodles lead the steady growth of a market worth more than $17 billion.
Ukraine continues to use crypto and NFTs to fund the two-month long ongoing Russia-Ukraine war.