Recent market analysis has shown a significant price devaluation of prominent cryptos in the DeFi market, such as Cardano (ADA). This results from the Securities and Exchange Commission (SEC) filing a lawsuit against the cryptocurrency and regarding it as an unregistered security. Consequently, several long-term holders of Cardano’s native token, ADA, are selling their tokens […]
Bitcoin SOPR Bounces Into Profit Zone, What Does This Mean?
On-chain data shows the Bitcoin Spent Output Profit Ratio (SOPR) has bounced back into the profit zone with the latest rally above $30,000. Bitcoin SOPR Has Successfully Retested 1.0 Support Line According to data from the on-chain analytics firm Glassnode, investors are now selling their coins at a profit. The “SOPR” is an indicator that […]
US House to vote on digital asset bill giving CFTC greater power
The bill will clip the SEC’s authority over digital assets, with the CFTC taking a more prominent role, including jurisdiction over ‘crypto’ spot markets. […] Read More… The post US House to vote on digital asset bill giving CFTC greater power appeared first on CoinGeek.
Sequoia partner says investing in FTX was the right move: Report
Sequoia’s Alfred Lin stood up for the firm’s $213.5 million investment in the now-bankrupt crypto exchange FTX.
Ethereum & Solana Price Growth Slows, But Ecoterra Continues to Rise
It’s been a hectic few days in the crypto market, with an abundance of coins and tokens producing double-digit returns. However, there’s been a marked slowdown in the growth of Ethereum (ETH) and Solana (SOL), leading investors to debate whether their recent uptick in momentum was only temporary. Meanwhile, eco-friendly crypto project Ecoterra (ECOTERRA) continues […]
Litecoin’s Imminent Halving Event: Anticipating Market Impact Post-Halving
Litecoin’s third halving event could trigger a price surge. Despite halving, strong market sentiment around Litecoin persists. Increased transactions and liquidity underscore Litecoin’s growth potential. In the bustling arena of digital currencies, Litecoin is set to undergo its highly anticipated third halving event in just 39 days. Scheduled for August 2, 2023, this blockchain upgrade […]
MATIC Price Recovery Hits Roadblock, When Will Bulls Break Through?
The MATIC price recovery has faced a hurdle in recent trading sessions, despite its impressive rebound after surpassing the $0.50 level. Although the altcoin experienced a notable 18% appreciation on the weekly chart, it lost 3% of its market value within the past 24 hours. The overall sentiment remains bearish as demand and accumulation for […]
This AI Crypto Gem has a Symbiotic Relationship with Binance Coin, Ethereum, and Solana Blockchains
Binance Coin, Ethereum, and Solana are among the most popular cryptocurrency blockchains in the virtual space. These three projects offer great utility through improved ledger networks that provide faster transactions, cheaper gas fees as well as massive scalability compared to the Bitcoin Network. While these projects have played a significant role in the pioneering and […]
Monero (XMR) and DigiToads (TOADS) Set to Skyrocket 10X in 2023 and Join Crypto Top 5 by 2025
In the ever-evolving world of cryptocurrencies, the prophecy of two unassuming contenders, Monero (XMR) and DigiToads (TOADS), is causing a stir in the crypto markets. Experts predict a bullish trajectory for both, projecting a 10X escalation in 2023 and a rank among the top 5 cryptocurrencies by 2025. The first and foremost catalyst for the […]
DOGE Price Analysis for June 23
Has rate of DOGE faced overbought zone yet?