Crypto

Bitcoin, the flagship cryptocurrency, has recently showcased a notable price resurgence, bouncing back from significant support zones that are closely intertwined with Fibonacci retracement levels. The asset experienced a decline toward the critical zones of 0.5 and 0.618 Fibonacci levels, specifically around $56.3K and $52.1K respectively. The response from buyers has been robust, enabling a
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In 2024, the U.S. Securities and Exchange Commission (SEC) has showcased a stark escalation in its enforcement against the cryptocurrency sector, resulting in a staggering $4.68 billion in fines, a drastic leap from the previous year’s $150.3 million. This astonishing increase of 3,018% primarily stems from a landmark settlement with Terraform Labs and its co-founder,
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In the ever-evolving landscape of cryptocurrency, where volatility reigns supreme, bold predictions can often influence market sentiments. Steven Lubka, a leading figure in private clientele at Swan Bitcoin, recently articulated his belief that Bitcoin may reach six-figure valuations by 2025, regardless of political outcomes. His assertion, shared during an interview with CNBC, underscores the perception
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Decentralized finance (DeFi) has emerged as one of the most transformative sectors in the cryptocurrency ecosystem, revolutionizing how individuals interact with financial services. As the market matures, understanding the development activity behind popular DeFi projects offers crucial insights into their sustainability and future potential. Recent data from the crypto analytics platform Santiment unveiled a ranking
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In a noteworthy announcement, cryptocurrency asset manager Grayscale has launched a new trust dedicated to Ripple’s native token, XRP. This development not only marks a significant milestone for XRP but also raises questions about the token’s future in the world of exchange-traded funds (ETFs). Given Grayscale’s track record of successfully converting its Bitcoin (BTC) and
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In a significant development for cryptocurrency enthusiasts, Coinbase, the largest cryptocurrency exchange in the United States, has officially launched its new Wrapped Bitcoin product, dubbed cbBTC. This innovative offering is now available on two prominent blockchains: Base and Ethereum. The launch comes on the heels of Coinbase’s earlier integration of the Lightning Network, aimed at
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The landscape of cryptocurrency trading has become increasingly fraught with regulatory scrutiny, with eToro’s recent challenges exemplifying the complexities involved. The Securities and Exchange Commission (SEC) has initiated actions against the U.S. arm of eToro, resulting in a significant fallout for both the platform and its users. With the SEC alleging that eToro violated federal
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