Vitalik Buterin says crypto’s essence isn’t even about its market
Elizabeth Goitein, co-director of the Liberty and National Security Program at the Brennan Center for Justice, recently took to Twitter to express her outrage over the Senate’s decision to reauthorize Section 702. Her post revealed deep disappointment with the majority of senators who succumbed to the administration’s intense fear mongering and deceptive tactics. The renewal […]
FTX users set to cash out big as crypto markets surge
The once-doomed voyage of the FTX ship, sunk by the iceberg of bankruptcy, is seeing its sunken treasures being hoisted back to the surface. And it’s not just any old treasure chest; we’re talking about a gleaming pile of digital gold that’s grown in size thanks to the bullish rage of crypto markets and some […]
Crypto market losses $400 billion – Where do we go from here?
Wednesday witnessed a kind of weird rebound for Bitcoin, as the entire crypto market took a breath from its recent downturn. Amidst a volatile day, Bitcoin made a surprising pivot, climbing 1.7% to settle at $65,773. This came after an initial dip to $60,793. Cryptos gained some ground back following the closure of the Federal […]
Crypto market bounces back as Bitcoin steps down from all-time high
The cryptocurrency market made a big comeback on Wednesday, strongly bouncing back and regaining ground lost during a sell-off the day before. This change happened right after Bitcoin’s price reached all-time highs, setting a new standard for itself and the entire market. The price of Bitcoin rose sharply yesterday, rising 7.9% to a high of $67,273. […]
STEPN Price Prediction 2023-2032: Is Green Metaverse Token the Next Shiba Inu?
STEPN Price Prediction 2024 – 2033 The crypto ecosystem has shown itself to be a vibrant and ever-changing place, constantly emerging new ideas and concepts. Since the DeFi breakout of 2020, we’ve seen many advances in the blockchain space, such as Play-2-Earn, Non-Fungible Tokens, Metaverse, etc. All of which are attracting the interest of investors. […]
Hong Kong Imposes 50% Minimum Insurance Requirement for Licensed Crypto Exchanges
In a bid to ensure the safety of investors’ funds, the Hong Kong Securities and Futures Commission (SFC) has instituted a minimum insurance requirement of 50% for licensed cryptocurrency exchanges that handle customers’ assets. This move is aimed at fortifying the cryptocurrency market and protecting users from potential security breaches or insolvency. Hong Kong Exchanges […]
Crypto Trader Turns $3,000 into $651,000 in 19 Hours: A High-Stakes Journey
In a high-risk, high-reward venture, a crypto trader achieved an astounding feat, transforming a modest investment of $3,000 into an impressive $651,000 in just 19 hours. The trader’s journey into the world of cryptocurrencies serves as a testament to the volatile nature of low-liquidity tokens. The remarkable turnaround On January 25, at 06:25 am (UTC), […]
A look at the reasons behind today’s crypto dip
Today’s cryptocurrency landscape presents a curious study, with the overall market cap experiencing a dip to $1.67 trillion. It’s not just a blip on the radar; it’s a window into the complex interplay of factors driving the crypto market. Bitcoin has seen its dominance inch up by 0.25% to 48.85%. The buzz around spot exchange-traded […]
Crypto’s reality check: The failed forecasts of 2023
The year 2023 was a rollercoaster for the global economy, especially for the crypto market, which was a hotbed of misplaced predictions and missed forecasts. From wildly optimistic valuations that never saw the light of day to doomsday recession forecasts that fizzled out, it’s clear that predicting the financial future is more art than science. […]
Crypto market sees $500m+ liquidated in 4 hours
In a dramatic turn of events that has left the crypto world reeling, over $500 million was wiped off the crypto market in a mere four hours. This staggering loss is attributed to a significant drop in Bitcoin’s value, spurred by growing apprehensions about the rejection of Spot Bitcoin ETFs. The crypto giant tumbled as […]
U.S. politicians vs. the crypto market: Who won in 2023?
2023 witnessed a titanic struggle between U.S. lawmakers and the volatile crypto market, a saga marked by regulatory scrutiny, legislative maneuvers, and financial drama. The year’s events unfolded against the backdrop of a divided 118th Congress, known for its financial entanglements and a penchant for trading in stocks and cryptocurrencies. Now, let’s really get into […]
Will the Spot Bitcoin ETF approval be a market shaker or heartbreaker?
In the cryptocurrency community, there’s a buzz in the air – a sense of anticipation, like waiting for a long-anticipated movie to hit the screens. The cause of this excitement? The impending decision on the approval of the first spot Bitcoin ETF in the United States. But as the clock ticks down, questions loom: Will […]
The Rise of AI Agents – Nansen Reports Foresees a Blockchain Takeover in 2024
In a world grappling with the volatility of the crypto market and the uncertainties of global economic shifts, Nansen’s latest report unveils a bold prediction that artificial intelligence (AI) agents are on the brink of becoming the primary users on the blockchain. As investors pivot their focus from declining crypto prices to the promising realm […]
The crypto bear market isn’t over yet – but its about to be
The crypto world has been navigating through a turbulent bear market, but as we edge closer to 2024, there’s a palpable sense of optimism in the air. This past year was a testament to resilience and innovation in the crypto space. After the tumultuous market crash of 2022 and the downfall of several blockchain giants, […]
JPMorgan isn’t so bullish on crypto for next year – Why?
In the world of cryptocurrencies, the anticipation of market trends is akin to forecasting the weather in an alternate universe. JPMorgan, a leading name in global finance, is issuing a cautionary note for the crypto market in 2024, particularly concerning Bitcoin, the flagship of digital currencies. Despite the widespread excitement about the potential approval of […]
Crypto market blues: The factors behind today’s dip
The crypto market is experiencing a downturn, triggered by a sudden correction that impacted major cryptocurrencies like Bitcoin and Ethereum over the weekend. This abrupt shift resulted in Bitcoin’s price plummeting by 6.5%, erasing nearly a week’s gains in just 20 minutes on December 10. The market’s opening this week continues to be bearish, as […]
College dropouts persisted in crypto despite market woes
The crypto landscape in 2023 has been a testament to the undying spirit of innovation and resilience, especially among young entrepreneurs who left college to pursue their dreams in the blockchain world. Despite facing market instability and significant downturns, these ambitious individuals have shown that a formal education isn’t the only path to success in […]
Nansen data: Crypto community holds strong after Binance-DoJ settlement
In the ever-evolving world of cryptocurrencies, resilience is key. This sentiment rings true following a recent settlement between the U.S. Department of Justice and Binance, the leading crypto exchange. Blockchain analytics firm Nansen has shed light on the crypto community’s reaction, revealing that despite significant legal developments involving Binance and its CEO Changpeng “CZ” Zhao, […]
Key factors contributing to today’s crypto market dip
Today’s cryptocurrency market is experiencing a notable downturn, a movement influenced by several key factors that are reshaping investor sentiment and market dynamics. This dip is not just a temporary bluke; it reflects deeper, systemic issues within the crypto world, demanding a closer examination. XRP and Altcoins: A Rollercoaster Ride The crypto market’s current state […]
Crypto market smashes record with spot trading boom
The crypto market just kicked the door down and made its presence known, obliterating records like they were nothing. We’re not just talking about small potatoes here; the seven-day moving average of spot trading volume on major platforms blew past the $24 billion mark on October 26. Haven’t seen those numbers since late March, have […]
Crypto’s rise doesn’t lift all boats: NFT market stays down
The crypto market is experiencing a rally like no other, but don’t be fooled – the NFT sector is a whole different ballgame, stubbornly stuck in a bearish rut and refusing to join the party. While Bitcoin is flaunting a whopping 22% surge, climbing from $28,000 all the way up to $35,000, and dragging the […]
Crypto market’s bullish sentiment soars sky high
The exuberance in the crypto sphere is palpable, painting the town red with bullish sentiments reminiscent of the golden days back in November 2021, when Bitcoin basked in its all-time high glory of $69,000. There’s a sense of déjà vu as the Crypto Fear & Greed Index, our trusty barometer of market moods, hits a […]
Why is the crypto market down today?
The sea of crimson engulfs the digital finance world today, puzzling enthusiasts and traders alike. Despite recent positive waves, crypto took a nosedive. But what’s causing this unexpected downturn when everything was seemingly headed for an “Uptober” rally? The Fall of Titans: Bitcoin and Ethereum It’s disheartening to watch the giants stumble. Bitcoin, the leading […]
The world’s charging ahead in crypto — and where’s the U.S.?
It’s a paradox. The U.S., an emblem of technological prowess and the cradle of countless innovations, is now lagging in the rapid race of the crypto industry. The land of opportunity, with its vast institutional investment, ostensibly stands tall in the crypto sector. Yet, it seems to have blurred its iconic vision of the “American […]
As U.S. Treasury yields inch to 5%, will crypto thrive or dive?
The cryptocurrency landscape is no stranger to volatility. However, as the U.S. Treasury yields touch a dramatic 16-year zenith, reaching almost 5%, the crypto world stands divided on its implications. Will this wave uplift or capsizes the sturdy ship of digital currency? Especially when significant crypto events like Bitcoin’s halving and ETF approval loom on […]
OpenSea responds to allegations against its former employee
OpenSea, a prominent nonfungible token (NFT) platform, has issued a response to recent accusations on social media suggesting that a former employee, Kevin Pawlak, was linked to the infamous AnubisDAO rug pull in 2021. The allegations surfaced in an October 6th thread on X (formerly Twitter), initiated by the anonymous account NFT Ethics. NFT Ethics […]
US’s recession odds are high, which is good news for the crypto market
The United States (US) economy this year has seen increasing concerns about a potential recession amid a notable surge in interest rates and market volatility. The current environment, marked by rising interest rates, elevated oil prices, and a stronger dollar, is shifting the prevailing market consensus on the trajectory of US economic growth away from […]
Bitcoin’s tussle with uncertainty as US government shutdown looms hours away
The U.S. government shutdown is less than 24 hours away and Bitcoin’s performance outcome remains uncertain. Today also marks exactly four months since the debt ceiling crisis. Since the apparent resolution of the debt ceiling crisis, the U.S. has accumulated an additional $3 trillion in debt and now faces the imminent possibility of a government […]
Crypto faces a liquidation nightmare, markets suffer
The crypto world can sometimes resemble a toddler on a sugar high – erratic, unpredictable, and full of wild swings. August was no different, proving itself as a brutal month for crypto enthusiasts and investors. If you thought this was just another typical summer slowdown, you were in for a rude awakening. This wasn’t your […]
Crypto bull run predicted by Bernstein because of this
The winds of change are sweeping through the cryptocurrency landscape. With the dust settling from Grayscale’s pivotal court victory against the SEC, there’s a palpable shift in the dynamics of the market. And it’s not just the casual trader who’s watching this space; the titans of institutional finance are taking center stage. The Rise of […]
Cryptocurrency surge steals stablecoin market’s spotlight
The virtual currency landscape is currently buzzing as most cryptocurrencies enjoy considerable appreciation this year, outshining the usually steady market of stablecoins. The growing appeal of these digital assets is leading to a striking phenomenon – a contraction in the stablecoin market, despite the generally bullish trend in the cryptocurrency sector. Stablecoins: A sinking island […]
BlackRock’s Bitcoin ETF hype cools amid rate hike fears
BlackRock’s ambitious plans to launch a Bitcoin Exchange Traded Fund (ETF) fueled an impressive resurgence of Bitcoin’s value, pushing the premier cryptocurrency past the $30,000 mark for the first time since April. However, amidst an uncertain economic climate punctuated by concerns over potential rate hikes and intensified regulatory scrutiny, BlackRock’s Bitcoin ETF hype seems to […]
Nigeria’s naira shake-up could trigger crypto market shift
A groundbreaking development in Nigeria’s financial landscape, the floating of the national currency, the Naira, has the potential to shape a pivotal shift in the crypto market dynamics. Nigeria, a nation witnessing a growing influx of cryptocurrencies such as Bitcoin, now permits banks and other forex market participants to freely trade the Naira. This shift, […]
Tips to thrive in the 2023 crypto market bull run
The bull run has once again graced the crypto market. The year 2022 was a tumultuous one for the cryptocurrency markets as it witnessed a significant downturn, commonly referred to as the “crypto bear market.” The collapse of FTX and crypto bankruptcies informed the better part of 2023. Crypto market analysts dubbed it the worst […]
South Africa’s crypto market faces uncertain future because of this
The decision of the Financial Action Task Force (FATF) to include South Africa on its grey list is a major reputational setback for the country, and it could have far-reaching consequences, including affecting the country’s crypto market. South Africa has been a leader in Africa’s cryptocurrency market, with the country’s crypto space showing a rapid […]
Green Satoshi Token Price Prediction 2023-2032: Is GST A Good Investment?
Green Satoshi Token Price Prediction 2023-2032 Getting listed last 28 April 2022 on KuCoin could be another feather in the cap for Green Satoshi Token (GST), and true enough, the price of GST has increased by 59% in the past 30 days. Let’s take a look at this Green Satoshi Token Price Prediction guide and […]
Bank of Canada raises rates by 50bps, trouble for crypto?
On Wednesday, the Bank of Canada increased its overnight lending rate for the sixth time this year. The central Bank is aiming to curb inflation. In addition, the Bank of Canada issued a warning that further rate hikes are forthcoming amidst mounting concerns that the hikes could push Canada into recession. The Bank of Canada […]
US Job openings fall by 6.2% – What does this mean for the crypto market?
Another week, another shift in the crypto market’s sentiment. The decline of 6.2% in the number of new employment vacancies in the U.S. markets portends ill for the crypto markets. Traditional market traders are once again speculating that the Federal Reserve would shortly adopt a dovish monetary policy stance. A robust employment report from the […]
Biggest Fed rate hike in 40 years, Crypto markets tank, what next?
The crypto market is in free fall as speculation of the next largest Federal Reserve rate increase in 40 years mounts. Bitcoin and Ethereum are losing a lot of value and tumbling big among the top 10. The weekends have not been good for the crypto market as of late. In fact, these past few […]
Litecoin price analysis: LTC eyeing April 6 high at $123.24
TL;DR Breakdown Litecoin price analysis shows continued bullish movement Price eyeing 16 percent uptrend to reach April 6 high of $123.24 Expected resistance to be found near 50-day EMA Litecoin price analysis shows bullish signs for a second consecutive day
