Bitcoin This powerful currency not only opened doors for other currencies but proudly leads the cryptocurrency world. It was certainly agreed that no additional Bitcoin would be produced, with a maximum supply set at 21 million Bitcoin units. When Bitcoin was launched, the price was $1 for 1,309 Bitcoin. Since then, the currency has undergone significant development, reaching an all-time high of $19,783.21 in 2017, which was a significant event for Satoshi Nakamoto, the founder of Bitcoin.
New projects are born every day, but few succeed in making a real change in how we use technology. HOME coin, the native currency of the Defi application, represents one of these promising attempts to reshape the user experience in the world of decentralized finance (DeFi). Could this coin be the gateway to making DeFi accessible to everyone? In this article, we take you on a comprehensive educational tour to understand the HOME project from all its aspects.
Decline in Cryptocurrency Prices Ahead of Federal Decision
Cryptocurrency prices fell during Wednesday's trading, as markets await the Federal Reserve's decision on monetary policy amid escalating geopolitical tensions globally.
Bitcoin dropped by 0.15% to $104,886 at 2:10 AM Mecca time, holding approximately 64% of the total cryptocurrency market value.
The second-largest cryptocurrency by market capitalization, Ethereum, fell by 0.5% to $2,520.27, while Ripple declined by about 0.85% to trade at $2.153.
The global market capitalization of cryptocurrencies stands at $3.26 trillion, with the total trading volume over the past 24 hours reaching $121.4 billion, according to "CoinMarketCap" data.
The Fed is expected to keep interest rates within a range of 4.25% to 4.50%, and cryptocurrency traders are focusing on quarterly policy makers' forecasts, as well as the press conference of the central bank's chairman, "Jerome Powell," to gauge the prospects for monetary easing.
A painful cyber strike on the Iranian platform Nobitex: $81 million stolen and a group of hackers supporting Israel adopts the attack and threatens to reveal secrets.
In an unprecedented cyber attack, the platform Nobitex, the largest cryptocurrency exchange in Iran, was hacked resulting in the theft of over $81.7 million from its digital assets, in an operation described by cybersecurity experts as 'organized and complex,' amid accusations of a sovereign breach related to the regional conflict.
SPK Price Expectations | An Analytical Perspective After Its Listing on Binance
The listing of SPK, also known as Spark, on the Binance platform had a special impact on the cryptocurrency market. The currency launched strongly amid a state of anticipation among traders and investors, raising questions about SPK's price expectations in the coming days and whether it can maintain its initial momentum or undergo normal price corrections after the initial surge.
Bitcoin Price Today: Drops to $105,000 Amid Middle East War
The price of Bitcoin fell on Wednesday, continuing its recent losses as the war between Israel and Iran persisted, weakening risk appetite, and the advancement of the major U.S. stablecoin bill did not generate much enthusiasm. Broader cryptocurrency markets also declined amid few signs of de-escalation in the conflict. Attention is also focused on whether the United States will intervene directly, following sharp rhetoric from President Donald Trump.
What is crypto? The difference between crypto, forex, and other digital currencies
Crypto is considered a smart and innovative financial tool that transforms how we handle money, and its importance is currently growing with the increasing reliance on digital systems and the significant rise in the popularity of cryptocurrencies. Today, crypto has become the hottest topic in technical and financial circles, especially since it features high encryption that ensures the protection and security of currencies from any manipulation. Therefore, it is a great alternative to traditional currencies, and in this article, we will learn about what crypto is and present important information about it.
U.S. Senate Passes GENIUS Act to Regulate Stablecoins
The U.S. Senate approved a bill on Tuesday that sets a regulatory framework for cryptocurrencies directly linked to the dollar, paving the way for a vote in the House of Representatives on the bill. The bill, called the GENIUS Act, received support from both Democrats and Republicans and was approved with a vote of 68-30. The bill will now move to the Republican-controlled House of Representatives before being sent to President Donald Trump for signing into law.
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