Ethereum, the second-largest cryptocurrency by market capitalization, is currently displaying signs of a bullish breakout, according to two prominent analysts in the crypto space. World Of Charts has identified consolidation within a bullish pennant pattern in Ethereum’s price action. This technical formation typically suggests a continuation of an upward trend for Ethereum. If Ethereum successfully
The recent removal of crypto exchange applications from Apple’s Indian App Store has caused concern among users and industry players. Binance, one of the largest crypto exchanges globally, confirmed the removal and emphasized its commitment to complying with local regulations. However, this move has raised questions about the stance of both Apple and Indian regulators
The cryptocurrency market is known for its volatile nature, and in recent months, DEX-traded tokens have been making headlines with their earth-shattering rallies. One token that has experienced an astonishing surge is BONG token, which has seen a price explosion of over 20,000%. This unprecedented growth has caught the attention of traders, who are now
On the fateful day of January 9, the official Twitter account of the Securities and Exchange Commission (SEC), known as the X account, fell victim to a hack. The hacker managed to gain control of the account and made an announcement that spot Bitcoin ETFs had been approved. As news of the supposed approval started
The approval of spot Bitcoin Exchange-Traded Funds (ETFs) has been a topic of anticipation within the cryptocurrency community. A recent revelation by Fox reporter Eleanor Terrett has shed light on a procedural aspect of the U.S. Securities and Exchange Commission (SEC) that may influence the fate of these ETFs. According to Terrett’s tweet on January
A recent report by Kaiko has revealed that the liquidity for privacy tokens has plummeted to an all-time low of just $5 million. This sharp decline can be attributed to the delisting of several trading pairs by OKX due to not meeting certain criteria. Among the tokens most affected by regulatory pressures are Monero (XMR)
A newly released comprehensive report by the Digital Assets and Blockchain Technology Subcommittee of the CFTC sheds light on the risks and challenges that come with the burgeoning field of Decentralized Finance (DeFi). Spearheaded by CFTC Commissioner Christy Goldsmith Romero, the report highlights the lack of clear responsibility and accountability within DeFi systems as a
The US Securities and Exchange Commission (SEC) is nearing its final decision on the approval of Spot Bitcoin Exchange-Traded Funds (ETFs). As this decision looms, the Depository Trust and Clearing Corporation (DTCC) has officially listed the Spot ETF tickers from investment management firms, VanEck and WisdomTree. This move positions VanEck and WisdomTree as key players
Bitcoin’s recent downturn from $45,400 to $40,400 may have caused panic among some investors, but it also triggered a noteworthy trend in the market. Analysis by IntoTheBlock reveals that Bitcoin holders with more than 1% of the total supply increased their accumulation during the price dip. Over the past week, these large holders accumulated over
The ever-evolving landscape of technology has given birth to a revolutionary concept known as NFTs (Non-Fungible Tokens), which are redefining the notion of digital ownership and interaction. However, taking this concept even further, Autonomous NFTs have emerged, creating a unique blend of NFTs and self-executing properties of smart contracts. In this article, we will explore