The push for regulation of stablecoins in the US Congress is gaining more strength. On Thursday, top representatives from the House Financial Services Committee held talks with Senate Majority Leader Chuck Schumer about advancing this cause. Based on an early account from Punchbowl News, the encounter transpired in Schumer’s office not long after the Japanese … Read more
In recent times, Solana (SOL) has gained significant attention from investors and market experts. The cryptocurrency soared from a price under $22 to reach an impressive high of $210 within just six months. Currently, it is trading around $174, representing a remarkable increase of almost 700%. However, this rapid price growth raises concerns about its … Read more
This week, Bitcoin (BTC), the biggest cryptocurrency in the world, has exhibited significant price fluctuations as we approach the options expiry on Friday. At the moment of writing, Bitcoin‘s price is recorded at $70,922, representing a 6% increase over the past seven days. The total value of Bitcoin in circulation currently stands at an impressive … Read more
In contrast to the generally bullish mood in the unpredictable world of memecoins, Bonk (BONK), a meme coin that operates on the Solana network, has shown a tendency to decrease in value rather than increase. According to the latest figures from CoinMarketCap, Bonk has experienced a significant drop of 25% in price over the last … Read more
The UNI token’s value dropped beneath the $10.00 mark and has turned red. Uniswap exhibits numerous indicators of a bear market, making it difficult for potential recoveries to surpass the $10.00 threshold. UNI started a fresh decline below the $10.00 support zone. The price is trading below $9.50 and the 100 simple moving average (4 … Read more
Ethereum‘s price is holding steady above the $3,450 mark, acting as a supportive foundation for now. However, for Ethereum to initiate further growth, it needs to surpass the resistance levels at $3,560 and $3,620 in the short term. Ethereum is trading in a range above the $3,450 support zone. The price is trading above $3,500 … Read more
The price of Bitcoin remains stable above the $69,200 mark. If Bitcoin manages to break through the resistance at $70,800 and $71,250, it could lead to a strong bullish trend. Bitcoin is attempting another increase above the $70,000 zone. The price is trading above $70,000 and the 100 hourly Simple moving average. There is a … Read more
In an unexpected outcome, Sam Bankman-Fried, the creator of the closed cryptocurrency platform FTX, was ordered to serve a 25-year sentence after being found guilty of deceiving customers. During a hearing held at the federal courthouse in Lower Manhattan on March 28, US District Judge Lewis Kaplan delivered his ruling. Bankman-Fried, who previously expressed his … Read more
Market expert and trader Peter Brandt has shared insightful views on Solana’s (SOL) latest price trend, implying that a significant chart formation may be nearing completion. Specifically, Brandt observes a triangular pattern resembling a downtrend taking shape on Solana’s 4-hour price graph. Identified Chart Pattern On SOL And Its Implications In the realm of technical … Read more
Recently, the crypto market has seen some instability, yet this hasn’t hindered the progress of coins like Dogecoin and XRP. One significant event was Toncoin (TON) joining the top 10 cryptocurrencies by market capitalization and even surpassing Cardano (ADA). Subsequently, Dogecoin is poised to attempt a flippening against XRP. Dogecoin Gearing Up To Take Over … Read more