Crypto markets have been rangebound ever since the approval of Bitcoin ETFs arrived. A primary reason for the difficulty in ascending has been economic data points that have been dampening investor sentiments. In the same suit, a Bloomberg report highlighted that liquidity issues that been topping investors’ concerns lately, suggesting that the year ahead could […]
3 Crypto Gainers of the Week Analysed
After a turbulent week that saw Bitcoin price dip below $60,000, the global crypto market has recovered, recording an increase of 5.11% to reach $2.34 trillion in 24 hours. This week, we witnessed several cryptocurrencies experience significant gains by over 20%, highlighting the volatile characteristics of the market. Let’s delve into the top three crypto […]
SEC Enforces New Rules Aimed at Safeguarding Crypto Investors
The Securities and Exchange Commission (SEC) has implemented new regulations that widen its reach to include market participants who engage in cryptocurrency transactions considered securities, including those under the decentralized finance sector. This action is meant to strengthen investor protection by making these entities adhere with federal securities laws. The ruling, passed by a 3-2 […]
Crypto Price Prediction 4/5: Record Inflows into ETFs Fuel Fresh Recovery in Bitcoin
Crypto Price Prediction: The cryptocurrency market has been witnessing a renewed buying interest since Thursday following the Bitcoin price reversal from $56500. The bullish turnaround has uplifted the BTC price to $63169, registering a 6% increase since yesterday. The altcoin market also experienced significant gains, with Top assets Ethereum (ETH) and Solana (SOL) increasing by […]
US House Republicans & Peter Schiff Counter SEC’s Broad ‘Securities Dealer’ Definition
The Securities and Exchange Commission (SEC) had recently introduced new regulations aimed at regulating cryptocurrency transactions, particularly within the decentralized finance (DeFi) sector. These regulations are designed to enhance investor protection in a rapidly evolving digital asset landscape. The new regulations proposed by the SEC target various aspects of cryptocurrency transactions, including those involving decentralized […]
Dogecoin Developer Flags Privacy Concerns In Coinbase Ecosystem
Mishaboar, a Dogecoin community member and developer has flagged Coinbase Wallet and the entire exchange’s ecosystem over privacy-related concerns. Coinbase Wallet and Base Privacy Concerns According to Mishaboar, Coinbase Wallet is a widely used smartphone wallet that was recently optimized for DeFi use. Despite the popularity, the Dogecoin developer believes the risks of using this […]
Crypto Price Analysis For February 7: DYM Up 16%, ETH and HBAR Dips
Crypto Price Analysis: For nearly two weeks, the cryptocurrency market remained stagnant showcasing no dominance from buyers to sellers. As a result, the leading digital assets Bitcoin and altcoins projected a sideways trendline, waiting for a suitable trigger to resume recovery. While the current market projection may seem boring for retail traders, smart money has […]
AI Protocol Render (RNDR) Soars 15% As Bitcoin Fights For Balance
The digital currency ecosystem is undergoing a mild capitulation as Bitcoin (BTC) and altcoins like Render (RNDR) fight weekly lows. With a visible growth imbalance recorded overall, AI token Render is in the spotlight with its 15.25% surge to $8.745. Render Decouples From Bitcoin It is not unusual to find an altcoin decouple from Bitcoin, […]
PayPal USD: Chainlink and Paxos Forms Alliance to Drive Adoption
Stablecoin issuer Paxos has inked a new strategic partnership with Chainlink to accelerate the use of PayPal USD (PYUSD) for on-chain transactions. Chainlink Price Feed for PayPal USD As part of the alliance between Chainlink and the leading regulated blockchain infrastructure and tokenization platform, the former has introduced the PYUSD Chainlink Price Feed on the […]
Pro-XRP Lawyer Debunks FUD Over Ripple Dumping XRP, Price To Hit $1?
In a compelling narrative unfolding within the global crypto space, the renowned pro-XRP lawyer Bill Morgan once again shared his insights on X, dispelling the fog surrounding Ripple’s significant XRP dumps in the market. In a post published today, May 6, Morgan brought crucial attention to the FUD permeating the XRP community due to Ripple’s […]