The price of Bitcoin has once again surged, pushing past the $70,000 mark and indicating a strong upward momentum. Notable cryptocurrency expert Crypto Jelle has provided a bullish forecast for the digital asset, setting his sights on a short-term target of $82,000. Jelle points out that Bitcoin recently retested the highs of 2021 after a
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The much-anticipated arrival of spot Ethereum exchange-traded funds (ETFs) in the US seems to be hitting a snag. Industry leaders are voicing growing concerns about the likelihood of securing regulatory approval from the Securities and Exchange Commission (SEC), with a deafening silence from the agency fueling anxieties. Jan van Eck, CEO of investment firm VanEck,
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The U.S. Securities and Exchange Commission (SEC) has set its sights on Uniswap Labs, the company responsible for operating the largest decentralized exchange (DEX) in the world. This move represents another aggressive action by the regulator against players in the decentralized finance (DeFi) space. Uniswap Labs is not taking this challenge lightly and has expressed
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Investors and analysts have been closely watching Cardano’s (ADA) price performance, trying to predict its future trajectory in the cryptocurrency market. Despite being ranked ninth on CoinMarketCap, recent data has shown that ADA lost its spot in the top ten cryptocurrencies, being surpassed by Toncoin (TON) with a market capitalization of $23.3 billion compared to
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The European Securities and Markets Authority (ESMA) recently issued a warning about the highly concentrated nature of the cryptocurrency markets. This concentration poses a significant risk, as a failure of a single asset or exchange could have widespread implications for the entire crypto ecosystem. ESMA’s findings reveal that market capitalizations and trading volumes within the
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Ethereum has been going through a period of sideways consolidation after a drop to the critical support level of $3,000. Currently, the cryptocurrency is trading within a range of $3,000 and $3,700, showing little signs of volatility unless a breakout occurs in either direction. The daily chart analysis reveals Ethereum’s extended consolidation phase after finding
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