As Ethereum (ETH) finds itself trading around the $3,400 mark, the cryptocurrency braces for a decisive move. The price action has displayed an acute sense of indecision, evoking a sense of uncertainty among traders. This lack of strong momentum is evident as ETH struggles to break beyond critical resistance levels. While some traders remain optimistic,
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In a landmark development for both MoonPay and the digital asset industry, the crypto payment solutions provider has garnered approval under the European Union’s Markets in Crypto-Assets (MiCA) regulation. This announcement, made public on December 30, underscores the company’s commitment to regulatory adherence and positions it strategically within the European Economic Area (EEA). By securing
MicroStrategy, the largest corporate holder of Bitcoin, has recently made headlines again by investing an additional $209 million to acquire 2,136 BTC. This purchase marks the company’s eighth consecutive acquisition made on a Monday, bringing its total Bitcoin holdings to an impressive 446,000 BTC. The firm, co-founded by Michael Saylor, has experienced a surge in
Everdome is not merely another entry into the crowded Metaverse landscape; it represents a forward-thinking approach to digital engagement that combines creativity, blockchain technology, and accessibility. At its core, Everdome aims to provide an inclusive platform where users of all experience levels—whether tech novices or seasoned blockchain enthusiasts—can easily navigate and thrive in a virtual
In a fierce battle over the future of decentralized finance (DeFi) in the United States, A16z Crypto, the blockchain-focused venture capital arm of Andreessen Horowitz, has raised a clarion call against recently proposed regulations by the Internal Revenue Service (IRS) and the Treasury Department. Michele Korver, A16z’s head of regulation, recently took to social media
Cardano (ADA) has witnessed significant fluctuations in its value recently, marked by a staggering 42% drop from its peak of $1.32, reached in early December. This decline has not occurred in isolation; rather, it reflects a turbulent environment in the broader cryptocurrency market characterized by investor anxiety and heightened selling activity. While this downturn is
As 2024 draws to a close, the once-expected Santa Claus rally in the cryptocurrency market is glaringly absent. Bitcoin, the leading digital asset, is facing significant struggles as its value dips below $94,000. This decline is particularly troubling for investors who had hoped for a year-end surge. The asset witnessed a dramatic fall from grace,
As 2025 draws near, the cryptocurrency market is bracing itself for a pivotal chapter, especially regarding the pair dynamics of Ethereum (ETH) and Bitcoin (BTC). Observers note that Ethereum has begun to exhibit notable strength against Bitcoin, suggesting a possibly significant pivot in market behavior. The recent analysis indicates that Ethereum is on a trajectory
In a decisive move to protect investors and enforce compliance, Malaysia’s Securities Commission (SC) has ordered the crypto exchange Bybit and its CEO Ben Zhou to halt operations within the country. This directive stems from Bybit’s failure to attain the necessary authorization to function as a digital asset exchange (DAX) under Malaysian law. These actions
As Bitcoin navigates through the complexities of the cryptocurrency market, it finds itself at a precarious junction, with its price teetering around the pivotal support level of $93,257. This price point has not only been instrumental in the recent upward movement of Bitcoin but now serves as a battleground for bulls and bears alike. The