Bitcoin Price Analysis: On April 19th, Bitcoin, the largest cryptocurrency market cap completed a major milestone called ‘halving’ — a phenomenon where the reward for mining Bitcoin transactions is cut in half. This reduction from 6.25 to 3.125 bitcoins per block in this fourth aims to control inflation and mimic the scarcity-driven value increase similar […]
Dogecoin Rises 9%: Is X’s Dedicated Payment Page Fueling the Surge?
Dogecoin (DOGE), the cryptocurrency often promoted by tech mogul Elon Musk, has witnessed a significant 9% surge in value. This increase coincides with the announcement of a new “Payments” account by Musk’s company X, sparking discussions in the financial and cryptocurrency communities about the potential influence of this development on Dogecoin’s recent performance. Dogecoin’s Price […]
Top Crypto Exchanges in Norway
The Financial Supervisory Authority in Norway regulates the crypto exchanges and investments. Thus, it is recommended to choose the exchanges that comply with them for the best crypto experience in Norway. These approved platforms enable easy deposit of Norwegian Krone (NOK) through various payment methods. From traditional bank transfers to modern mobile payment solutions, these […]
Ethereum (ETH) Price Remains Within Key Demand, Here’s the Next Support Level
Amid the broader cryptocurrency market sell-off, the Ethereum price has also come under some selling pressure and is currently trading 2.02% down at $2,421 with a market cap of $291 billion. Ethereum Price Remains In the Key Demand Zone In a recent market update, prominent crypto analyst Ali Martinez sheds light on the current state […]
Satoshi Fund CEO Spotlights Elizabeth Warren’s ‘Fake’ 1% Crypto Tax Letter
Recent discussions within the cryptocurrency market have been stirred by an alleged letter from Senator Elizabeth Warren proposing a 1% wealth tax on crypto holdings and mandatory reporting. Notably, this development has raised concerns among investors and enthusiasts, particularly given Warren’s historical skepticism toward cryptocurrencies. However, doubts have emerged regarding the authenticity of the letter, […]
Ethereum Foundation Swaps $1.6 Mln ETH For DAI Amid $120 Mln Whale Selloff
Ethereum Foundation, an NPO supporting the Ethereum (ETH) ecosystem, has engaged in a major ETH swap. The organization reportedly exchanged over $1.5 million worth of ETH for Dai (DAI) stablecoin. The swap was initiated right before the Ethereum price extended below the $2,400 level today. Ethereum Foundation’s ETH swap & other whale transactions According to […]
Hong Kong’s Securities Association Tips Authorities On Crypto Self-Regulation
The Hong Kong Securities and Futures Professional Association (HKSFPA) has recommended the creation of an independent self-governing organization for crypto regulation among others. In an April 22 release, the body tipped self-regulation for the securities and futures industry, asset management, and cryptocurrencies. According to the statement, to boost the overall economic capability of the region, […]
Binance Teases Coinbase Precedence in Hearing Against SEC
In the latest Binance hearing following the previous postponement due to snowstorms, the lawyers representing the cryptocurrency exchange referenced the situation that ensued between American digital asset service provider Coinbase and the United States securities watchdog SEC to make their argument. SEC Non-Compliance Tabled Coinbase had approached the SEC, requesting clarity on crypto regulation. As […]
Crypto Interest Rises in Middle Eastern Markets With 500K Daily Traders
Crypto markets and investments are becoming more and more popular in the Middle East. According to research by Bitget, currently, there are about 500,000 daily cryptocurrency traders in the Middle East, making it a growing business. UAE Adopts Crypto-Friendly Rules According to the research, the United Arab Emirates boasts the most crypto-friendly regulatory framework, while […]
Shiba Inu Burn Rate Spikes 400% Amid 4 Tln SHIB Whale Activity
Shiba Inu, one of the most prominent meme coins functioning atop the Ethereum blockchain, echoed a sense of frenzy across the broader crypto market on Tuesday, following a significant surge in burn activity recorded. On-chain data spotlighted by Shibburn showcased a whopping 459% surge in the SHIB burn rate, nabbing substantial attention globally. Moreover, this […]