In the fast-paced world of cryptocurrency, bull runs are exciting phases characterized by skyrocketing prices and increased investor confidence. Just as rapidly as they start, they can also abruptly end, causing investors to question if the celebration is over. Identifying indicators that show a bull run is coming to an end is essential for safeguarding […]
Bitcoin (BTC) Mining Difficulty Resets, Can This Trigger Price Rebound?
Data from BTC.com shows there is a significant plunge in Bitcoin (BTC) mining difficulty. This new development caused the hash rate to drop by 5.63% to 83.15 trillion. The adjustment took place at a block height of 842,688, with the average hash rate coming in at 646.96 EH/s. Bitcoin Sees Increased Miners’ Activities Pre-halving The […]
Ripple & XRPL Labs Join Swirlds Labs & Algorand Foundation As Founding Members Of DeRec Alliance
In a significant gust of developments witnessed within the global crypto space, Ripple and XRPL Labs recently joined Swirlds Labs and the Algorand Foundation as the founding members of the DeRec Alliance, a digital asset recovery protocol. In a 2-year merger with the XRP-related entities on the Technical Oversight Committee (TOC), the joining of forces […]
Experts Tip Rallying Dollar to Cap Crypto Prices
Crypto market experts have flagged the increasing strength of the U.S. Dollar as a limiting factor in digital assets in the wake of plunging sentiments. A new report from QCP Markets shows the impact of crypto prices as the dollar gains momentum. “The US Dollar is inching higher again, placing a cap on risk assets […]
Top 3 Price Prediction As Crypto Liquidations Swell To $135M, BTC, ETH, SOL Nosedive?
Top 3 price prediction: The total crypto trading volume has fallen to the lowest level in seven months, underlining the impact of the bearish forces in the market. Based on data provided by CCData, the derivatives and spot markets suffered a 44% drop in volume to $6.58 trillion compared to $9.12 trillion, the peak in […]
JPMorgan Weighs On Robinhood’s Wells Notice Impact on Ether ETF Approval
Amid concerns over regulatory actions against Robinhood following the SEC’s Wells notice, a recent report by JPMorgan Chase has triggered discussions in the market. The report unveils the potential implications of the recent Wells notice issued to Robinhood’s crypto on the approval process of the spot Ethereum exchange-traded funds (ETFs). Here’s a closer look at […]
Ex-SEC John Reed Stark Unveils How SEC Registration Aids Crypto Investors
Amid escalating concerns surrounding regulatory oversight in the crypto space, former SEC official John Reed Stark has shed light on the importance of SEC registration for safeguarding crypto investors. Notably, his recent remarks underscore the critical role of regulatory frameworks in ensuring transparency, consumer protection, and accountability within the burgeoning digital asset market. Ex-SEC Official […]
Spot Ethereum ETF: Bloomberg Analyst Projects New Approval Timeline
Several spot Ethereum EFT applications are waiting to be approved by the United Securities and Exchange Commission (SEC), but Senior Bloomberg Analyst Eric Balchunas does not think it will happen soon. Spot Ethereum ETF Might Come Within The Year Grayscale Investment recently withdrew its application for Ethereum Futures ETF, claiming that it has several futures […]
Cardano Founder Charles Hoskinson Says Biden Wants To ‘Kill’ Crypto
Cardano (ADA) founder Charles Hoskinson has issued a scathing remark against the Joe Biden administration’s approach toward the crypto market. He noted that the Biden administration is trying to “kill” the crypto industry and it’s high time that industry stakeholders stand up for their right. Cardano Founder Charles Hoskinson’s Comment Against Biden Administration In a […]
Solana Price Forecast: Will The Bearish Market Dominance Plunge SOL To $120 This Week?
Solana price forecast: SOL has seen a notable decrease, breaking below the $150 resistance barrier. This decrease marks a 3% drop in Solana price over the past day, settling at $141.97. Currently, Solana market capitalization stands at approximately $63.6 billion, positioning it as the fifth-largest cryptocurrency by market cap. Trading activity has surged alongside this […]