Jurrien Timmer, Fidelity’s Director of Global Macro, has recently analyzed the current trends in Bitcoin’s price. Contrary to the concerns of some market participants, Timmer suggests that the recent drop in Bitcoin’s price is not indicative of a long-term trend reversal but rather a short-term positioning adjustment. This perspective challenges the prevailing narrative surrounding Bitcoin’s
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The court hearing between Coinbase and the U.S. Securities and Exchange Commission (SEC) held on January 17, 2023, was a significant event for the cryptocurrency industry. The SEC had previously accused Coinbase of operating an unregistered securities exchange and engaging in the unregistered sale of securities through its crypto staking service. While no ruling or
Crypto exchange Gemini has successfully obtained registration as a Digital Asset Service Provider (DASP) in France, allowing the platform to offer its services to both retail and institutional customers in the country. The registration, granted by the l’Autorité des Marchés Financiers (AMF), the French financial markets regulator, marks a significant milestone for Gemini’s expansion plans.
Péter Szilágyi, a prominent Ethereum (ETH) developer, recently praised EIP-1559 and its groundbreaking ETH burning mechanism, hailing it as “the great equalizer.” Szilágyi took to X on January 16 to express his admiration for EIP-1559’s ability to level the playing field between validators and regular users within the Ethereum ecosystem. This cutting-edge proposal has indeed
The current sentiments around Ethereum are overwhelmingly bullish, as the second-largest cryptocurrency by market capitalization has witnessed a surge in dominance against Bitcoin. This rise in Ethereum’s prominence is crucial, as it is believed by crypto analyst Jaydee that it could potentially usher in the much-awaited altcoin season. With the market heating up, analysts are
Despite the recent approvals of spot Bitcoin ETFs and the influx of significant capital, the anticipated positive influence on Bitcoin’s price has yet to materialize. In fact, Bitcoin experienced a decline of more than 5% following the approvals last week. This contrasts with Ethereum, which recorded an almost 8% rise over the same period, despite
As technology continues to advance, the world of music is constantly evolving to provide new and exciting experiences for artists and fans alike. In a groundbreaking partnership, Napster, the renowned independent music streaming service, has joined forces with TerraZero, a virtual world technology company. This collaboration aims to revolutionize artist-fan interaction by integrating immersive Napster
In the latest pump and dump frenzy within the Solana memecoin market, FLUB crypto has emerged as the latest token to experience a massive surge. Overnight, FLUB skyrocketed an astonishing 10,000%, leaving investors and experts anxiously speculating if this low-market cap cryptocurrency is the next big thing. With the recent surge in explosive DEX-traded tokens,
Amidst the lull in the realm of Bitcoin, Ethereum emerges as a trailblazer, confidently charting its course. While the crypto king takes a breather following its ETF approval, Ethereum, undeterred, is experiencing a surge in both price and dominance, propelled by an influx of new users and the prevailing trend of self-custody. Recent data from
Bitcoin mining can be a profitable venture, but it also comes with its fair share of risks and challenges. Recently, an unknown user made a costly mistake when they paid a transaction fee that was significantly higher than necessary. This error resulted in a fee of 4 BTC, equivalent to $172,000, for a transaction that