"I’m all in on OM you should be too," one popular X user said. TL;DR Analysts predict OM could reach $10 – $15, with some calling it the “king of RWAs.” Nonetheless, the asset’s RSI recently entered overbought territory, suggesting a potential short-term correction. OM’s Next Potential Targets The cryptocurrency...
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Social Engineering Scams Hit Coinbase Users Hard: $65M Stolen, Actual Losses Likely Higher
Coinbase has reportedly suffered undisclosed security breaches according to ZachXBT who exposed the exchange's leadership's failure to manage evolving threats. Over the past two months, Coinbase users have reported a surge in account restrictions, which appear linked to the company’s aggressive risk models and an ongoing wave of social engineering...
Ethereum Price Crash? Analyst Predicts Possible 50% Drop
ETH's price remains deep in the red on a monthly scale. TL;DR Ethereum’s price struggles below $2,800, with some analysts warning of a potential drop to $1,200 if key support fails. Others, including Michael van de Poppe, remain optimistic, citing Trump-linked investments as a bullish indicator. ETH Bulls to Suffer...
Bitcoin Price Struggles Below $100K but These Altcoins Outperform (Market Watch)
Bitcoin's price is struggling below $100K as some of the altcoins are taking off. The most recent price action of Bitcoin and the broader cryptocurrency markets reflects the disappointment in the most recent press conference held by the crypto and AI czar in the US – David Sacks. Markets are...
MetaMask Introduces a Feature Allowing Users to Pay Gas Fees with Tokens
Previously, Ethereum users had to purchase ETH for gas fees, but MetaMask now enables payments using multiple tokens. MetaMask has introduced a new feature that allows people to use a selection of tokens to pay gas fees when using MetaMask Swap for smart transactions. Dubbed Gas Station, the innovation addresses...
Immerso and Everdome Partner to Drive Innovation in the Metaverse Through AI-Powered Experiences
[PRESS RELEASE – Abu Dhabi, United Arab Emirates, February 5th, 2025] Immerso, an Eros Innovation company- home to Eros Media and Eros Now, and a global leader in AI innovation and intellectual property (IP), has joined forces with Everdome, pioneers in creating interactive metaverse experiences, to revolutionize digital entertainment. The...
Cardano (ADA) Price Predictions for This Week
ADA turned bearish this week as sellers took over the price action. Key Support levels: $0.73, $0.65 Key Resistance levels: $0.90 1. Market Crash Pushes ADA Lower The market-wide crash on Monday pushed ADA to 50 cents for a brief period which surprised many. This only confirmed the bearish trend...
Massive Shiba Inu (SHIB) Announcement
SHIB is among the best-performing top 20 cryptocurrencies today (February 5). TL;DR SHIB’s price surged by 8% on a 24-hour scale as the meme coin partnered with the UAE’s Ministry of Energy and Infrastructure. Shibarium blasted through another major milestone, which could also be interpreted as a bullish element. The...
HIVE Digital Buys Bitfarms’ Paraguay BTC Mine for $56M
The Yguazú facility, 80% complete, will add 6 EH/s to HIVE’s mining capacity by Q2 2025, with hydro-cooled ASICs set to enhance efficiency. HIVE Digital has finalized the acquisition of Bitfarms’ partially completed 200-megawatt Bitcoin mining facility in Yguazú, Paraguay, for $56 million. The deal includes an upfront payment of...
Forbes Ranks CME Group, Coinbase, and Bitstamp as Top Crypto Exchanges of 2024
CME Group topped the rankings, trading $1.4 trillion in crypto futures in 2024, with BTC open interest surging 83% to over $20 billion. Forbes has released its third annual “Best Crypto Exchange” ranking, evaluating over 200 firms based on security, trading volume, fees, regulatory compliance, and transparency. CME Group, Coinbase,...
