High Inflation Triggers Protests in Lebanon, Pushing Citizens towards Alternative Livelihoods and Cryptocurrency Adoption
High inflation has led to protests in Lebanon and is forcing citizens to seek alternative livelihood tools. The state of the economy and the failure of state support programs are to blame. In a number of cities, the effects of the financial crisis have led to riots and lo ...
Block’s CEO Becomes Major Investor in Bitcoin Startup Azteco, Raises $6 Million
Block's CEO became the biggest investor during the investrun of bitcoin startup Azteco. In total, the company managed to raise $6 million. Azteco offers a simplified way to buy bitcoins for people who do not have bank accounts. ...
Top Altcoins Show Highest Gains: RNDR, PEPE, LDO, MASK, CFX | Crypto Market Analysis
The BeInCrypto editorial staff compiled the top list of altcoins that showed the highest gains during the week of May 12-19 The list of altcoins that were lucky this week, despite the overall bearish mood of the crypto market, includes: Re ...
BitBoy Crypto Fails to Keep Promise: Controversy Surrounding BEN Fan Tokens
According to ScopeProtocol reviewer, blogger BitBoy Crypto announced to his community his intention to block the BEN fan tokens he owned for six months, but failed to keep his promise. Ben Armstrong became the owner of about 1 trillion BEN fan tokens. Commenting on wha ...
Chinese Users Resort to Buying Biometric Data for Worldcoin Crypto Project
Chinese users, who are banned from registering with the Worldcoin crypto project, have resorted to buying biometric data from third parties from African countries in the hope of receiving bonuses after the project's launch. Sam Altman, who is also the CEO of OpenAI, is pr ...
Coin Cafe Faces $4.3 Million Compensation Demand for Alleged Hidden Fees
The New York Attorney General's Office is demanding that cryptocurrency platform Coin Cafe pay users $4.3 million in compensation for hidden fees that were charged for bitcoin storage. The New York attorney general's office alleges that Coin Cafe charged users exorbitant ...
Ethereum Price Analysis: Uncertainty Prevails as Bulls and Bears Vie for Control
The Ethereum (ETH) price has been falling since early April, when it temporarily deviated above an important long-term horizontal resistance While this may lead to further declines in ETH, both bullish and bearish wave analyses are still relevant. Thus, the direction of the long-term trend of ETH ...
South Korea Considers Inclusion of Cryptocurrencies in Asset Declaration
Government officials in the Republic of Korea believe it is necessary to add cryptocurrencies to the list of assets to be declared by the authorities. Prime Minister Han Duck-soo's initiative will be discussed soon by the country's parliament. ...
XRP Token Faces Decline in Price and Uncertain Future: Ripple Lawsuit and Technical Analysis
The XRP token has fallen below the critical support line, jeopardizing the entire bullish narrative. Whether to expect further decline in cryptocurrency The price dynamics and Relative Strength Index (RSI) values on several timeframes confirm a further decline. Thus, a run-up of bearish dynami ...
Axie Infinity’s AXS Token: Recent Developments and Market Outlook
The Axie Infinity (AXS) p2e token tested in the $9.50 area on April 18 April, but since the coin has fallen in price by nearly a third. Let's see if the recent announcements in the ecosystem can bring interest in the game and provoke the AXS rally to new heights The value of Axie Infinity (AXS ...