n a significant development for the crypto industry, the election of Rep. Tom Emmer as House Speaker has emerged as a promising sign of potential support within the US legislative framework. Emmer, renowned as the US Congress’ ‘Crypto King’ due to his deep understanding and advocacy for the budding industry, secured the GOP’s nomination for […]
Crypto trading specialist Michaël van de Poppe pointed out that Bitcoin held steady above $30,200 and surpassed its yearly high. He expressed his surprise but noted that this surge could be linked to the expected ETF approval. As long as Bitcoin remains above $31,000, he believes the future looks bright, with a potential $40,000 price […]
In Ethereum’s recent price action, it has managed to climb higher, particularly when it surpassed the $1,649 resistance level. This is a positive sign for those interested in the cryptocurrency market. However, it’s important to note that if Ethereum’s daily closes fall below $1,649, there might be a potential drop in its price, bringing it […]
The price of Bitcoin (BTC) surged sharply to near USD 35,000 in the last 24 hours, marking an increase of more than 10 percent. This happened thanks to the latest developments regarding Bitcoin ETFs. This is the first time since May 2022 that the Bitcoin price has moved above the USD 34,000 mark. This event […]
Decentralized Finance (DeFi) has been at the forefront of a financial revolution, replacing traditional financial intermediaries with smart contracts and decentralized applications. However, this innovative sector is now under increased scrutiny and facing a new wave of regulatory oversight in the United States. The regulatory landscape in the US, shaped by actions from the Commodity […]
Friendtech Faces Sell-Off as SocialFi Giants Shift to New Bitcoin CityTurmoil strikes the world of SocialFi as the once-dominant Friendtech platform grapples with a mass exodus of its top users. Influential figures such as NFT luminary Pranksy and the notable Vombatus, previously known for holding the most expensive key on the platform, recently liquidated a […]
Bitcoin has reached its highest value since last May, following news of progress in the launch of a spot Bitcoin exchange-traded fund (ETF) by BlackRock, the world’s largest asset manager. The updated filing suggests that BlackRock might infuse cash into its iShares Bitcoin Trust as early as this month. The move to seed the ETF […]
Blockchain technology and smart contracts have emerged as revolutionary solutions in the realm of digital transactions and contracts. These cutting-edge technologies are driving significant transformations across various industries, bolstering security, transparency, and efficiency. Understanding Blockchain Blockchain is a decentralized and distributed ledger technology that documents transactions across a network of computers. Each transaction is stored […]
Dylan LeClaire, a self-proclaimed market analyst, believes that there may be money laundering involved in the ongoing FTX case. According to LeClaire, Alameda, a cryptocurrency company, created 36 billion USDT (Tether) but only redeemed about 4 billion USDT. This stark difference in the numbers has raised suspicions that Alameda might have acted as a conduit […]
On October 23, 2023, an anonymous crypto analyst named Bluntz suggested that Solana (SOL) is gearing up for a substantial breakthrough. With a significant following of 225,200 on social media, Bluntz is confident that SOL is poised for growth against both Bitcoin (SOL/BTC) and the US dollar. Bluntz’s optimism stems from SOL’s recent price movements, […]