U.S. Treasury Calls for Stronger Tools Against Crypto Crime Risks

In a significant move to bolster its fight against illicit finance, the U.S. Treasury has voiced its concerns regarding crypto crime to House lawmakers. The agency is pushing for enhanced legislative tools and resources to tackle these challenges effectively. The call for action was outlined by Brian Nelson, the Treasury’s Under Secretary for Terrorism and […]

Uniswap Founder Unveils Key Threat Behind Biden’s Potential US Election Loss

Uniswap founder Hayden Adams has recently brought to light a significant aspect of the cryptocurrency market that could potentially impact the upcoming U.S. presidential election. In a statement that reverberated throughout the industry, Adams emphasized the increasing adoption of digital currencies among adults and its potential ramifications for the political landscape. By highlighting the fact […]

Can Fed’s Preferred Gauge PCE Disappoint Too After CPI Comes In Hot?

The U.S. Federal Reserve mandates to bring inflation under the 2% target and the FOMC looks at key economic data such as PCE, CPI, and jobs for monetary policy decisions. Fed officials, economists, and analysts now look at personal consumption expenditures (PCE) as CPI and core CPI came in hotter. While investors reassess monetary policy prospects, […]

Bitcoin Price Could Plunge to $52K, Analyst Predicts

Michaël van de Poppe, a noted cryptocurrency expert, recently warned that Bitcoin price could fall to the $52,000 to $55,000 range if it fails to hold its current level of around $60,000. Currently, Bitcoin (BTC) exhibits a bearish trend, with its price at $60,812 after a 1.59% decline. Bitcoin Price at Risk of Significant Drop […]

Coinbase & Other Crypto Stocks Surge As Bitcoin Tops $51K, Rally To Sustain?

The crypto companies listed on the U.S. stock market, including Coinbase, saw substantial gains between 7% and 12% pre-market on Wednesday. The rally was propelled by Bitcoin (BTC) surging past the $1 trillion market value milestone for the first time in over two years amidst a more positive investor sentiment. Coinbase, Riot, Bitfarms Stocks Surge […]

Cardano (ADA) Whale Transaction Jumps 6% As Bulls Eyes $0.5 Retest

Cardano (ADA) is in a vantage position to upturn its bearish trend as some of its core on-chain metrics are in the green. Per data from the crypto analytics platform IntoTheBlock (ITB), Cardano’s large transactions and daily active addresses have recorded upticks. Cardano Bullish Metrics Highlight Per the IntoTheBlock data, Cardano whale transactions jumped by […]

Genesis Cleared to Sell $1.3B GBTC Shares, Will BTC Tank?

Bankrupt crypto firm Genesis Global Holdco LLC has been granted approval by the court to roll out its Grayscale Bitcoin Trust (GBTC). Leverage to Repay Creditors After several months of lawsuits, Genesis has finally been cleared by the U.S. Bankruptcy Court in the Southern District of New York to sell off its $1.6 billion worth of […]

Robert Kiyosaki Advocates Bitcoin Amid Impending BRICS Crypto Launch

“Rich Dad Poor Dad” Author Robert Kiyosaki has advised his followers to buy Bitcoin (BTC) again. While he is known to always make this call, this time around, he believes the coin can prevent fallout from the US Dollar crash. BRICS Crypto and Bitcoin Advantage Robert Kiyosaki revealed that he is currently in South Africa, […]

QCP Capital: New Bitcoin All-Time High Coming By March-End, Thanks to Bitcoin ETFs

The newly launched spot Bitcoin ETFs have attracted billions of dollars with fresh inflows making new highs on a daily basis. Earlier this week on Tuesday, BlackRock’s iShares Bitcoin ETF (IBIT) alone attracted ~$500 million in a single day. The recent survey from QCP Capital suggests that global liquidity has been rotating back into Bitcoin […]

XRP Price Slips Below $0.5 As Whale Offloads 30M XRP, What’s Next?

The Ripple Labs-backed cryptocurrency, XRP, has ignited a torrent of bearish market sentiments today, May 13, slipping below the highly psychologically important level of $0.5. Illustrating signs of a pullback in the past seven days, the token has continued a waning price trajectory, with a whale’s massive dump further increasing downside pressure for the token. […]