In simple terms, Ethereum (ETH) serves as a benchmark for the ups and downs in the crypto industry. Currently, Ethereum is being bought and sold at $3,174. Yet, appearances can be deceiving as there’s a hidden dance of market influences and investor feelings underneath this tranquil facade. Ether’s Challenging Trajectory Over the past week, the … Read more
A recent publication by Arkham Intelligence reveals that approximately seventy crypto billionaire wallets, each possessing assets valued at seven figures, have encountered issues on various decentralized finance (DeFi) bridge platforms. Among these is a wallet linked to Ethereum co-founder Vitalik Buterin, holding more than one million dollars, which has been immobilized for approximately six and … Read more
The SEC of the Philippines has asked Binance‘s crypto trading app to be removed from Google PlayStore and Apple App Store listings, according to their request. Binance Operates as an Unregistered Broker in the Philippines Emilio Aquino, the SEC chair, pointed out that Binance’s activities in the Philippines pose a risk to the investments of … Read more
In the relatively tranquil altcoin market, Akash Network (AKT) has become today’s top gainer among the top 100 cryptocurrencies by market value, experiencing a substantial 46% price jump over the last 24 hours. This impressive growth moves AKT to the frontline, outpacing its competitors like Core (CORE) and Arweave (AR), which saw gains of 7% … Read more
At its San Mateo, California headquarters, FalconX – a prominent player in the crypto brokerage industry – unveils Prime Connect: a novel exchange connection system designed specifically for large-scale investors. In a press announcement on Tuesday, it was revealed that the new service allows institutional investors to buy and sell digital assets on exchanges while … Read more
After ending the previous week with a bullish Doji candlestick after the cryptocurrency halving event, Bitcoin‘s price climbed further on Tuesday. Based on recent market information, Bitcoin momentarily hit a peak of $67,200 in the past day before leveling off around $66,200 during the mid-afternoon session in London. Most altcoins responded with heightened volatility, as … Read more
Binance, a prominent player in the global cryptocurrency exchange market, is experiencing a decline in market share. This downturn can be attributed to several reasons: the ongoing evolution of crypto regulations and Binance’s decreased focus on affordable trading. The exchange no longer promotes its cost-effective trading strategy. Binance’s Market Share Is Falling Based on data … Read more
The dispute between Ripple and the SEC over alleged securities law violations is growing more intense. With new information coming to light, it seems this court case may not be reaching a resolution soon, as Ripple and the SEC strongly disagree on the proper penalty for the infraction. Ripple Proposes $10 Million Fine Instead Instead … Read more
Matt Hougan, the Bitwise CIO, expressed his views on the Bitcoin payments report recently released by the International Monetary Fund. He chose platform X to communicate his thoughts to the public. Bitcoin as a Tool for Economic Freedom Based on the Bitwise executive’s statement, the first cryptocurrency in terms of market value is primarily employed … Read more
After dipping below $60,000, Bitcoin‘s price rebounded strongly to surpass $66,000 during the recent halving event. Following a 70% price increase in Q1 of 2024, Fidelity Digital Assets has updated their mid-term perspective on Bitcoin from optimistic to neutral. Fidelity Digital Assets pointed out that Bitcoin’s current selling pressure arises because it is no longer … Read more