As someone who closely follows the financial industry and digital assets space, I find the increasing adoption of cryptocurrencies among Canadian institutional investors quite intriguing. According to KPMG’s latest survey, nearly 40% of these investors have sought exposure to cryptocurrencies in 2023, marking a significant surge from previous years. Approximately forty percent of institutional investors … Read more
I strongly believe that Stellar (XLM) is on the brink of an impressive price surge. The technical breakout from the Ascending Triangle pattern and the subsequent retest of this level have set the stage for a potentially bullish trend. Analysts’ predictions, which span from 0.38 to 0.47 cents based on measured move technique and Fibonacci … Read more
As someone who has closely followed the development of the crypto industry, I can’t help but feel a sense of unease about the recent EU parliament vote to ban anonymity for digital assets and increase monitoring of users. While it’s true that there have been concerns over the potential misuse of cryptocurrencies for illegal activities, … Read more
As someone who closely follows the crypto space, I strongly believe that Changpeng Zhao (CZ) deserves leniency in sentencing and should be given probation instead of a three-year prison sentence. The defense team’s arguments are compelling, and CZ’s background, positive contributions to the crypto industry, and extraordinary acceptance of responsibility make a strong case for … Read more
As a seasoned observer of the cryptocurrency landscape and someone who has witnessed the back-and-forth debates surrounding stablecoins in Congress, I can’t help but feel a sense of optimism upon hearing Representative Maxine Waters’ latest comments on the impending stablecoin bill. The fact that she believes we are “on our way to getting a stablecoin … Read more
Upbit, a cryptocurrency exchange located in Seoul’s affluent Gangnam area, has risen to rank among the top five exchanges worldwide by trading volume. The crypto market’s recent bull run has brought significant gains to South Korea, fueling speculation that the Korean won could soon replace the US dollar as the preferred currency for trading Bitcoin … Read more
The price of Bitcoin (BTC) on the cryptocurrency market took a dip once more, falling to $64,000. This decline came after a brief recovery from the price fluctuations caused by the latest political conflicts in the Middle East. Bitcoins strong hold above $66,000 for several days was challenged when it encountered resistance, causing a drop … Read more
Approximately 7 years after the fact, Christian Langalis – the individual famously seen holding up a “Buy Bitcoin” sign on live television, scribbled on a yellow notepad – has since then parted with this iconic item via an online auction. During a 2017 Congressional hearing, 22-year-old intern Langalis had the opportunity to be present when … Read more
Crypto experts are raising concerns about Dogecoin based on a warning sign in its price chart. Tech analyst Josh Olszewicz (@CarpeNoctom) has identified potential signs of a Head and Shoulders (H&S) pattern in the DOGE/USD 12-hour chart, suggesting that if this pattern is confirmed, Dogecoin’s price could experience a substantial decrease. An H&S pattern is … Read more
The Bitcoin reward for miners was reduced by half during the latest halving on April 20, 2024. This development has brought renewed enthusiasm to the crypto market. Although there was a temporary decrease in a significant futures marker, the majority of market signals point towards an uptrend emerging. At Kaiko, a company that offers market … Read more