Key Insights: BTC stalls around $30,000 as INJ experiences massive gains. Ethereum stabilizes at $2,096.62. Bitcoin experiences a surge, surpassing $30,000 for the first time in months. INJ sees significant gains, reaching over $8.5. BTC’s value fluctuates while most altcoins stabilize. INJ…
Key Insights: Bitcoin’s upward trend is expected to continue as market confidence grows and the 2024 halving event approaches. The fees-to-rewards ratio is essential in the network’s durability and miners’ acceptance, which might boost BTC’s long-term potential. Traders may consider buying BTCUSD…
Key Insights: According to a recent estimate, just 4.5 percent of the world’s population has invested in cryptocurrencies. According to Binance’s CEO, investors only spend 10 percent of their net worth in cryptocurrency. On the bright side, Bitcoin has surpassed $30k for…
Key Insights: Paxful suspends its marketplace due to a lack of trust in cryptocurrencies in the US. CEO Ray Youssef predicts regulatory obstacles will persist for peer-to-peer markets. Customers are advised to consider self-custody or explore other service providers while Paxful resolves…
Key Insights: BTC breaks resistance at $28,159.86 and eyes $30,000. Indecisive market indicated by Keltner Channel bands contraction. Bullish trend supported by 100-day moving average crossing over 20-day moving average. Although Bitcoin (BTC) started the day under negative emotion and therefore dropped…
According to recent news, Bill Morgan, a lawyer and supporter of Ripple (XRP) discloses a circumstance that could have significant implications for XRP vs. SEC dispute. The SEC’s expert has acknowledged that the fluctuations of Bitcoin and Ethereum have considerably influenced the…
Key Insights: ASIC targeted Binance Australia and terminated its derivatives license. Binance Australia’s spot exchange will continue despite the cancellation. This license revocation adds to the regulatory scrutiny of Binance and its founder. Changpeng Zhao, the CEO of Binance, used Twitter to…
Computer systems or machines can be programmed to carry out activities ordinarily related to human intelligence, including learning, reasoning, perception, and problem-solving. This is referred to as Artificial Intelligence. AI involves the development of algorithms and computational models that enable machines to…
Although the year 2023 has recently started, the crypto industry has seen several developments in the respective short period. Particularly, in the case of exploits, the industry has been hit with a loss of up to $119 million up till now this…
Telegram, a prominent giant in messaging apps, has recently incorporated support for the well-known USDT stablecoin on the wallet bot thereof, as per the reports. The respective integration will enable the consumers to sell and purchase USDT tokens straightly within the platform’s…
Bitcoin, the primary crypto token, has recently surprised the industry as it did not follow the direction of the ongoing banking crisis. The top crypto’s upsurge against the collapsing banking market has been cited by Cathie Wood (the CEO of ARK Invest)….
BlackRock, a well-known asset management company, is contemplating initiating stock tokenization. Larry Fink, the chief executive officer of BlackRock, has recently issued a letter for the investors. In the letter, the executive brought to the front the remarkable developments that the company…
Circle’s vice president of European policy, Teana Baker-Taylor, has argued that the recent moves by United Kingdom banks to limit access to cryptocurrencies are absolutely wrong. She also claims these banks are now unbanking both companies and individual customers. Further, Baker-Taylor alleges…
Last week’s biggest news was the CFTC’s (Commodity Futures Trading Commission) lawsuit against crypto exchange Binance. The agency accused the company of unregistered derivatives trading. The accusations don’t end there; CFTC also claims that Binance failed to adopt effective know-your-customer and anti-money…
The total market capitalization is down 0.3% to $1.21 trillion following net outflows worth $13 billion in the past 24 hours. Bitcoin’s valuation dropped to $542.5 billion from $545.1 billion during this period, while Ethereum’s increased to $216.8 million from $216.49 million….
Historically, April has been a favorable month for high-risk assets, and this year is no different, as both US stocks and Bitcoin are anticipated to flourish. Matrixport, a cryptocurrency services provider, reported that Bitcoin had a positive April in six of the…
Cryptocurrency Cryptocurrency is a comparatively modern financial creation. Cryptography protects, validates, and regulates the creation of new digital money units. A dispersed network of computers enforces blockchain technology in cryptocurrency. Since a central authority does not issue a cryptocurrency, it resists government…
In the wake of numerous major bank failures, the global financial system has been left reeling, prompting management across the sector to implement drastic measures. Plans to reduce staff by 20-30% at UBS have been unveiled as financial institutions seek to stabilize…
This morning, Ali (@ali_charts), a trader in the cryptocurrency market, posted two tweets related to Cardano (ADA). In the first tweet, Ali revealed the existence of a significant sell wall for ADA, amounting to 3.85 billion, located between the price range of…
Elon Musk’s lawyers have filed a motion in a Manhattan federal court, seeking the dismissal of a colossal $258 billion lawsuit filed against the Tesla CEO by Dogecoin investors in June 2022. The suit alleges that Musk, once the world’s wealthiest individual,…
