Crypto Fortress News

Can this AI&Powered Trading Bot Stand Up to Its Claims? https://cryptofortress.app/can-this-ai-powered-trading-bot-stand-up-to-its-claims The cryptocurrency market is quite different from traditional forex and stock markets due to its volatile nature and massive potential for higher returns. Another complex difference that many investors ignore in light of their dazzled profit margins are longer bearish seasons and longer consolidation periods. AlgosOne trading bot These two factors, when combined, make it […]

Cardano Development Update: Advancements Across Core Technology, Wallets, Scaling, Voltaire & Sanchonet, Catalyst, and Education https://cryptofortress.app/cardano-development-update-advancements-across-core-technology-wallets-scaling-voltaire-sanchonet-catalyst-and-education Cardano’s weekly report details exciting updates cutting across all areas with the ecosystem recording 169 projects, 1397 project buildings, and 9.96 million native tokens.  According to the report, the consensus team reviewed the first draft of the Peras innovation.  Cardano’s (ADA) incredible ecosystem advancement continues with its Weekly Development Report detailing major updates across core [...]

Binance to remove BIDR support across multiple services https://cryptofortress.app/binance-to-remove-bidr-support-across-multiple-services Binance, a leading cryptocurrency exchange, declared that trade pairs involving the stablecoin backed by the Indonesian Rupiah (BIDR) have been removed. The move is expected to affect trading pairings for Bitcoin (BTC), Ethereum (ETH), and Tether (USDT) across the exchange’s various services. Binance BIDR delisting details and timeline The exchange put forward an elaborate plan […]

PayPal Partnership Propels Shiba Inu: MoonPay Integration Signals Surge https://cryptofortress.app/paypal-partnership-propels-shiba-inu-moonpay-integration-signals-surge PayPal’s integration with MoonPay facilitates direct purchases of cryptocurrencies like Shiba Inu in the U.S. This partnership enhances user convenience by allowing transactions directly through PayPal, expanding access to over 110 different tokens. Following the May 5, 2024, update from CNF, PayPal has strategically partnered with MoonPay, significantly enhancing its cryptocurrency offerings. This collaboration allows [...]

How to Navigate the Trading Market with Low&Cap Crypto Gems https://cryptofortress.app/how-to-navigate-the-trading-market-with-low-cap-crypto-gems Cryptocurrencies with a low market capitalization can offer significant profit potential compared to larger projects, but they come with higher risks. Many lesser-known cryptocurrencies have skyrocketed, especially in recent months, with meme coins making remarkable gains. Consider Bitcoin as an example. If you invested $100 in Bitcoin in October 2010, you would now have 1,000 […]

Bitcoin Makes History: One Billion Transactions Processed, With 178,475 Daily Transactions Since Start 5,603 Days Ago https://cryptofortress.app/bitcoin-makes-history-one-billion-transactions-processed-with-178475-daily-transactions-since-start-5603-days-ago Bitcoin reaches a major milestone by processing its one billionth transaction after 15 years in existence.  Interestingly, Ethereum was the first to reach this milestone, surpassing 2 billion transactions in 2023 despite its operation since 2015.  Bitcoin (BTC) has reached a monumental milestone, processing its one billionth transaction after 15 years, four months and four [...]

Optimism, Arbitrum, and Polygon: Assessing the State of Layer 2 Solutions https://cryptofortress.app/optimism-arbitrum-and-polygon-assessing-the-state-of-layer-2-solutions Optimism leads Layer 2 networks for developer activity with a significant lead at a score of 541, with Starknet a distant second at 220, while Arbitrum takes the third spot at 110. Arbitrum leads in total value locked at $2.6 billion, with Base at $1.5 billion taking second spot; no other L2 has hit $1 [...]

GNUS.AI in Fantom Ecosystem  hack results in massive financial loss https://cryptofortress.app/gnusai-in-fantom-ecosystem-hack-results-in-massive-financial-loss The Fantom network, being the host of GNUS.AI, a famous blockchain project, is pitching a tent during the vulnerable times of a security breach as the company has admitted to suffering an approximate loss of $1.2 million following a successful attack.  GNUS.AI security breach GNUS.AI, faced a complex attack, when hackers gained access to the […]

Dogecoin’s Decline Continues: Will Recent Moves Signal a Turnaround? https://cryptofortress.app/dogecoins-decline-continues-will-recent-moves-signal-a-turnaround Large holders saw a surge in activity, with a notable increase in netflow on May 1st, indicating potential market influence. Dogecoin’s recent activity surge includes a significant increase in trading volume, the creation of 28,000 new addresses  Dogecoin (DOGE) has recently captured headlines with its remarkable surge in price, showcasing its resilience. After hitting a [...]

Regulatory hurdles: South Korea blocks crypto charity donations https://cryptofortress.app/regulatory-hurdles-south-korea-blocks-crypto-charity-donations South Korea has decided to remove virtual currencies as a form of donation. Kyunghyang Shinmun reported on May 5 that the Ministry of Public Administration has revised the “Donations Act,” but the amendments will not allow for donation of cryptocurrency. Instead of using crypto currencies such as Bitcoin, from July, South Koreans will have to […]