Jim Cramer, the renowned host of CNBC’s “Mad Money,” has expressed skepticism about the future performance of Bitcoin (BTC), especially in the wake of the cryptocurrency’s struggle to maintain value above the $40,000 mark. This perspective arrives amidst a broader downturn in Bitcoin’s market value, contrasting sharply with the high expectations set by the introduction […]

As the New Hampshire primary approaches, Donald Trump and Nikki Haley are intensifying their campaign efforts after Ron DeSantis’s exit from the presidential race before the start of this week. Recent polls display a clear lead for Trump in the Republican race. NBC News, the Boston Globe, and Suffolk University’s Sunday poll show Trump with a […]

The U.S. Securities and Exchange Commission (SEC) has confirmed a breach of its official X account (formerly Twitter), attributing the incident to a SIM swap attack. This security lapse occurred on January 9 when an unauthorized entity gained control of the @SECGov handle, erroneously announcing the SEC’s approval of the first-ever spot bitcoin exchange-traded funds. […]

Amid the current uncertainty in the crypto market, the Terra Classic Price downward trend shifted sideways to trade above the $0.0001 physiological level. This support coincides with the 78.6% Fibonacci Retracement level bolstering the formation of a bearish continuation called a pennant. A recent breakdown from this pennant pattern should intensify the market selling pressure. […]

Grayscale is currently under intense fire from members of the community for what many considered its single-handed impact in dragging the market down recently. According to Bitcoin advocate Nic Carter, Grayscale’s Bitcoin ETF product GBTC is best considered “a gigantic wrecking ball of toxic waste.” Grayscale Investment’s GBTC Underperforming Following the SEC’s approval of eleven […]

The now-bankrupt exchange FTX has reportedly offloaded nearly $1 billion of shares in Grayscale’s Bitcoin Trust (GBTC). This massive sell-off revealed through confidential data and anonymous sources, is part of FTX’s ongoing bankruptcy process. The exchange aimed to liquidate its holdings to aid in reimbursing its creditors, having disposed of all 22 million shares it […]

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 […]

Arbitrum price is in shambles just like the majority of the cryptocurrencies led by Bitcoin’s plunge to $40,000. With investors jittery over the future of the crypto market in the coming weeks, the path of least resistance is majorly downwards. The hype preceding the launch of Bitcoin ETFs in the US increased investor risk appetite with many […]

The sell-off in the market since last week continues to drive investors out of their comfort following a remarkable rally from mid-October. Cryptocurrencies are bleeding immensely, led by Bitcoin price return to $40,000 after touching 2024 highs at $49,000. While this would have been an excellent time to buy the dip, the uncertainty hovering above […]

In the wake of Senator Elizabeth Warren’s recent comments on cryptocurrency and its alleged role in sanction evasion, the crypto community has rallied in a significant pushback. Drawing on a U.S. Government Accountability Office (GAO) report, Warren suggested that cryptocurrencies like Bitcoin are being used by nations under U.S. sanctions to bypass these restrictions. Her […]