Bitcoin price has toppled in the past few days, ahead of the halving. However, the trend is currently coinciding with the moves of the Nasdaq 100. To continue following the trajectory, Bitcoin prices will have to rise above $69K, keeping the upward trend in motion. Bitcoin Price Mirrors Nasdaq Movement As per carts and figures, […]
Central Banks Unite for Tokenization to Revamp Money System
The Bank for International Settlements (BIS) has announced the launch of Project Agorá. This project is a joint venture between seven central banks, including the UK, Japan, South Korea, Mexico, Switzerland, New York, and Europe, and private financial entities that aims to study the integration of tokenized commercial bank deposits with central bank money. Project […]
Fed’s Powell Is In No Rush for Interest Rate Cuts, More Pain for Bitcoin (BTC)?
On Wednesday, April 3, Federal Reserve officials including Chairman Jerome Powell stated that there’s more discussion necessary before deciding on any interest rate cuts. Many financial analysts have been expecting the first rate cuts to occur by June 2024, however, there’s no certainty behind this as of now. This means risk-ON assets like Bitcoin and […]
Wall Street Banks Rush To Buy Bitcoin From Crypto Miners Amid Supply Woes
The advent of U.S. Spot Bitcoin ETFs has set off a frenzy among Wall Street players, signaling their increasing confidence in the flagship crypto, Bitcoin. However, this surge in institutional interest has raised concerns about a potential BTC supply crunch. Amid this, major Wall Street banks are now vying to directly purchase Bitcoin from mining […]
SEC Vs. Ripple: XRP Supporters Question Hinman’s Ethics
The ongoing legal fight between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) continues to generate questions among the cryptocurrency community with regard to the former SEC chief, William Hinman. Hinman’s impact on regulatory views regarding digital assets has drawn hot discussions, particularly within the XRP community. Miles Jennings, General Crypto Counsel at […]
XRP Price Market Sentiment Targets $1 Milestone Amid Rigorous Regulatory Debates
XRP has shown a remarkable increase in its market value, breaking through its previous resistance points with significant force in the last few hours. The cryptocurrency, which has been experiencing fluctuations and leading to a sideways market trend over recent days, has now seen a notable rise. The XRP price has risen by 4%, reaching […]
Binance Strengthens Safety Standards Amid Regulatory Hurdles
Binance, a leading cryptocurrency exchange, is amplifying its safety protocols to enhance user security amid mounting regulatory challenges. Notably, the recent announcement regarding mandatory identity verification requirements reflects Binance’s commitment to bolstering compliance standards. Meanwhile, this move comes amid intensified regulatory scrutiny, particularly in Nigeria, where the exchange faces allegations of money laundering and tax […]
US Job Data Suggests Further Delay In Fed’s Rate Cut Plans, How’s Crypto Market Faring?
Investors awaited the release of crucial U.S. job data, including nonfarm payrolls, to gauge the nation’s economic health and potential Federal Reserve actions. The figures, encompassing unemployment rates and hourly wages, were anticipated for insights into future Fed rate adjustments. As the data emerges, indicating a robust surge in nonfarm payrolls for March from the […]
10 Upcoming eToro Listings
There are currently thousands of cryptocurrencies on the market. Each of these tokens has its own uniqueness. However, some tokens have little to offer and are a pure waste of time. So, where do you get the best options? Credible crypto exchanges. Top exchanges like OKX, Binance, and eToro are good destinations to get quality […]
Breaking: Do Kwon Found Liable For Fraud In SEC-Incited Lawsuit
Terraform Labs co-founder Do Kwon has been found liable for fraud in a United States government lawsuit over the collapse of the firm in 2022. SEC Sues For Liability Charges Against Terraform Labs Following a two-week-long trial in New York, the court came to the conclusion that Do Kwon and Terraform Labs misled investors in […]