Bitcoin’s recent upswing at the start of the week provided a much-needed reprieve after a tumultuous month characterized by significant declines. This recovery is a point of optimism for many investors who have faced anxiety during Bitcoin’s bearish phase. Nonetheless, despite the temporary relief, caution is warranted. The cryptocurrency market functions within a highly volatile
In the often tumultuous world of cryptocurrency, the unexpected can rapidly become the norm. Recently, Bitcoin (BTC) had a notable dip, plummeting to $55,500, while Ethereum (ETH) followed suit, falling to $2,200. Many market observers braced themselves for a further decline, anticipating a domino effect that would exacerbate the already existing fears and anxieties swirling
Ryan Salame, once a prominent executive at FTX, now finds himself mired in a legal morass that has dramatically altered his trajectory from a forward-thinking finance professional to a figure ensnared in accusations of dishonesty. His September 12 hearing shed light on the complexities surrounding his guilty plea, wherein he admitted to lying about the
Bitcoin (BTC) has been staging a remarkable comeback, with recent price spikes hinting at the possibility of a much-anticipated bull run in the market. As the cryptocurrency tests the $57,000 level, investors are hopeful that this newfound momentum will lead to a positive price rally, potentially driving further gains for Bitcoin. Santiment, a renowned market
Bitcoin seems to be facing a stagnant period, as it struggles to break above key resistance levels. Despite this, fundamental analysis suggests that Bitcoin is actually in a healthy position. According to crypto analyst Kaleo, Bitcoin is displaying healthier dynamics in the current halving cycle compared to the previous one. This analysis offers a glimmer
Cardano faced a significant drop of 57% back in 2019 when the Federal Reserve initiated its first rate cut. Fast forward to the present day, and the cryptocurrency is once again on the tipping point as another rate cut looms. Back in 2019, rates were much lower at 2.39%, with public debt standing at $22
Bitcoin has recently undergone a market correction of around 11%, causing some turbulence in its price movements. Despite briefly rebounding to $58,000, the leading cryptocurrency still has a ways to go before reaching its all-time high levels. However, on-chain data from Santiment has shown an interesting trend – wallets holding less than 1 BTC are
Recently, Binance’s subsidiary, Tokocrypto, announced that it had obtained a Physical Crypto Asset Trader (PFAK) license from Indonesia’s Commodity Futures Trading Regulatory Agency. This achievement has positioned Tokocrypto as just the third exchange in Indonesia to receive such a license, out of the 35 prospective crypto exchanges registered with Bappebti. Over the past year, Tokocrypto
Ethereum (ETH), much like Bitcoin (BTC), has been experiencing a period of sideways trading in the market. The price of ETH has been on a steady decline, with the cryptocurrency crashing by over 20% earlier this year and dipping below the $3,000 mark. This downward trend has raised concerns among investors and analysts about the
The recent introduction of the Property (Digital Assets, etc.) Bill by the Law Commission of the United Kingdom (UK) Parliament has sparked conversations surrounding the legal recognition of digital holdings. This proposed legislation aims to classify crypto, non-fungible tokens (NFTs), and carbon credits as personal property under British law, marking a significant milestone in the