Long-term crypto investments allow continuous profitability for the traders. They help eliminate the risk related to the inherent volatility of the market while offering rewards. This article includes the top 12 long term crypto investment options. Investing over the long term can mitigate some short-term risk and volatility and allow investors to choose established, credible […]
Senate’s Sherrod Brown Unexpectedly Backs Push for Stablecoin Law
Stablecoin laws in the US could pick up pace and be enacted soon with famous figures also jumping on the bandwagon. According to Bloomberg, Sherrod Brown, a congressman who is skeptical of cryptocurrencies, is lending support to a long-delayed effort to draft new Stablecoin laws. Sherrod Brown Pushes for Stablecoin Laws The chairman of the […]
Bank of America Q1 2024 Earnings: Plunging Profits Can Affect Crypto
Bank of America Q1 2024 earnings show a slump in profits although figures top analyst expectations amid interest rates worries. The bank reported a revenue of $25.98 billion higher than a projected $25.46 billion for the first quarter. Similarly, net interest income came in at $14.19 billion, above the $13.93 billion projects by StreetAccount. Although […]
JD.com Unveils Richard Liu Qiangdong’s AI Avatar as Live Stream Host
JD.com is increasingly stepping up its use of AI to please customers. Recently, Richard Liu Qiangdong’s AI avatar made its debut as the host of two live-streaming sessions. The Chinese e-commerce giant’s AI leap comes at a time when the technology is being used by big multinational firms across the globe to generate higher revenue. […]
SEC Hit with Privacy Lawsuit Over Trading Data Collection
The U.S. Securities and Exchange Commission (SEC) was sued on April 16, 2024, over the implementation of the Consolidated Audit Trail (CAT), a system designed to gather complete trading data from U.S. exchanges. This lawsuit has been filed by the New Civil Liberties Alliance (NCLA) on behalf of investors and the National Center for Public […]
Solana Mining Protocol Ore Pauses Operations Due To Congestion
Hardhat Chad, a pseudonymous contributor to Solana-based protocol Ore, posted on X recently informing his followers of the decision to halt the outfit’s mining project due to increased Solana congestion. Ore Mining Intensity Adds To Congestion Woes The developer believes that this decision would be in favor of Solana and Ore community members. Hardhat Chad […]
Binance US Welcomes Ex-Fed Officer to Steer Compliance
Binance US, one of the leading cryptocurrency platforms in the United States, has added another director to its highly notable board. New York Federal Reserve Bank welcomes Martin Grant, a former chief compliance and ethics officer, to the board, who is well experienced in regulatory, legal, and compliance sectors. He worked at the NY Fed […]
Ethereum Price Analysis: Why ETH Could Drop To $2,500 In April
The token powering the moat prompt smart contracts platform in the industry, ETH lost 15% of its value in less than a week, sweeping below the crucial $3,000 in search of fresh liquidity. Ethereum price abandoned the push for highs above $4,000 at $3,725 — the highest mark reached in April due to uncertainty caused […]
SEC vs. Ripple: Alderoty Sets Record Straight on Next Steps
In the ongoing legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC), Stuart Alderoty, Ripple’s Chief Legal Officer (CLO), has provided clarity on the upcoming court proceedings. Amidst recent developments, Alderoty has outlined key dates and emphasized Ripple’s compliance with the court’s schedule. Ripple must submit its opposition brief by April […]
Cardano Price Analysis: Will $0.45 Support Hold Strong Amid the Market Sell-off?
The recent weekend saw a significant sell-off in the cryptocurrency market, with layer 1 blockchain Cardano bearing a substantial impact. The asset witnessed a steep decline from its new lower high of $0.624 to the $0.45 level, marking a 30% drop over the week. Amid fluctuating market sentiment and the approach of the much-awaited Bitcoin […]