For over a month, the second largest cryptocurrency Ethereum(ETH) has been trading sideways resonating between two horizontal levels of $2140 and $2400. Despite a heavy sell-off on January 4th, the ETH price showcased its sustainability above the $2140 support which is above the safety net of 38.2% Fibonacci retracement level. The combined support could offer […]
Senator Warren Stresses On AML Compliance For Crypto Validators
Senator Elizabeth Warren has called for tougher regulators for crypto validators and stablecoin users to curb global illicit trade. At the United States Senate Banking Committee Hearing, Warren noted that crypto firms must be subject to similar Anti-Money Laundering (AML) regulations as their traditional finance counterparts. Speaking at the hearing was Treasury Deputy Secretary Wally […]
Polygon Flips Solana as Third Largest NFT Trading Network
The Polygon NFT volume has outranked that of Solana (SOL) in the past 24 hours. According to data from CryptoSlam, the popular Ethereum-based Layer-2 scaling protocol now ranks in the third position after Bitcoin (BTC) and Ethereum (ETH), sending Solana to the 4th position. Interesting Polygon NFT Figures CryptoSlam data shows that Polygon has recorded […]
Crypto Prices Today April 10: Bitcoin Slips To $69K, ETH At $3500, SOL, XRP, ADA Crash
The top crypto prices registered a bearish turn as the Bitcoin (BTC) price fell to the $69,000 level. In addition, the Ethereum price inched closer to dip below the $3,5000 mark. Meanwhile, other top altcoins, such as XRP and Cardano (ADA), Solana (SOL) witnessed a significant plunge. Major Crypto Prices Today The Bitcoin price was […]
Solana (SOL) Price Tanks Another 6% Slipping Under $90, Will It Reclaim $100?
Ethereum layer-1 competitor Solana (SOL) has been facing major selling pressure over the past two weeks after hitting its 2023 high of $123 on Christmas. The recent selling pressure comes after a mammoth price rally last gaining nearly 1000% in 2023. What’s Ahead for SOL? As of press time, the Solana price is down by […]
Bitcoin Halving : Will Bitcoin Halving Really Affect BTC Price?
Bitcoin halving is a special event in the cryptocurrency industry. Occurring every four years after every 210,000 blocks are mine, its aim is to reduce the supply of new coins in circulation by half. Historically, Bitcoin price has been rising following halving events. So far three halving have taken place in 2012, 2016, and 2020. […]
Spot Bitcoin ETF: This Issuer May Miss First Wave of Launch
As the crypto community continues to eagerly await the Security and Exchanges Commission’s (SEC) decision on the spot Bitcoin ETF, Hashdex may miss out on the first wave of launch. Hashdex is Yet to Submit the Latest Amendment Unlike several other applicants, it appears Hashdex has missed the deadline set by the regulator for submission […]
Toncoin Price: Will Toncoin Recover Again?
While the crypto market was shaking with Bitcoin struggling to breakout through $69,000, Toncoin was having a joyous ride during the week. The decentralized layer-1 blockchain grew by approximately 34% in its value, overtaking the market capitalization of Cardano, to claim a new position as the 9th top cryptocurrency. Operating on Ethereum, TON price hit […]
Standard Chartered Foresees Bitcoin Hitting $200K by 2025
Standard Chartered’s head of FX research, Geoff Kendrick, has made a bold prediction regarding the future of Bitcoin. In a recent note released on Monday, Kendrick anticipates that approving a Bitcoin spot exchange-traded Fund (ETF) could propel the leading cryptocurrency to unprecedented heights, potentially reaching $200,000 by the end of 2025. This projection comes as […]
Crypto Firm Voyager Secures $484M for Creditor Repayment
Voyager Digital has revealed substantial progress in its efforts to reimburse creditors post-bankruptcy. The company has realized $484.35 million from settlements with FTX, Three Arrows Capital (3AC), and Directors and Officers (D&O) insurance claims, which represents a significant achievement in the company’s financial recovery and creditor compensation. Voyager Recovery Effort The process by which Voyager […]