The US Treasury Department is taking steps to address the risks posed by cryptocurrencies and other emerging technologies through comprehensive regulations. In its 2024 National Strategy for Combating Terrorist and Other Illicit Financing report, the Treasury has identified digital assets as a key area of focus. The goal is to prevent illicit actors from exploiting
More than 19 months after Ethereum’s historic Merge upgrade, it is evident that the network’s native asset, Ether (ETH), is struggling to keep up with Bitcoin (BTC). The ETH/BTC price ratio hit a three-year low on Thursday at 0.044, marking a decrease in Ether’s market dominance against Bitcoin compared to May of 2021. This trend
Bitcoin recently surged past $66,000, marking a significant increase since April. This upward movement in the price of the leading cryptocurrency has been attributed to various factors, one of them being the release of the latest inflation data. The Consumer Price Index (CPI) for the month of April showed a 0.3% increase, which was lower
Apeiron Guild Wars 2024 is poised to revolutionize the gaming industry by bringing together guilds from across the globe for an epic competition. With a massive $1,000,000 USD prize pool up for grabs, the stakes are higher than ever. In addition to the cash and token prizes, players will also have the opportunity to win
The recent excitement in the meme coin markets was ignited by the return of Roaring Kitty, which led to a surge in the price of Wall Street Pepe. However, this dramatic rise was short-lived, as the price has now crashed significantly. Currently, Wall Street Pepe is trading at a mere $0.0001315, representing a staggering 24-hour
Recent analysis of Ethereum (ETH) suggests a potential rebound on the horizon, with a strong buy signal being highlighted by analyst Ali. The TD Sequential indicator on Ethereum’s daily chart has issued a signal indicating a possible upward movement lasting one to four candlesticks. This positive outlook has sparked optimism among investors, hinting at a
The Bitcoin price surge above $69,000 and eventual climb to a new all-time high of $73,000 in 2024 took many in the crypto world by surprise. This sudden spike in value before the fourth halving was not something that everyone had anticipated. However, one crypto analyst, BitQuant, had accurately predicted this milestone back in 2023.
The cryptocurrency market has been relatively stagnant, with a recent increase in market cap following a period of decline. Ethereum (ETH) is currently trading at $2,977.88, reflecting a 2.6% increase over the past 24 hours. Its market cap has also grown by 2.64% to over $357 billion, maintaining its position as the second-largest cryptocurrency. However,
In a recent analysis by crypto analyst Javon Marks, several metrics have been highlighted that suggest a bullish outlook for Ethereum (ETH). Marks pointed out that a bull flag-like price structure has emerged on the Ethereum chart, indicating a potential all-time high for the second-largest crypto token. Additionally, the formation of higher lows in Ethereum’s
Despite previous patterns in Bitcoin’s price movements, the current market conditions indicate a lack of significant upward or downward movement. This is an anomaly compared to previous cycles where substantial growth was fueled by increases in global money supply. The absence of a similar pattern in the current cycle suggests a different dynamic at play.