Bitcoin, the ever-enigmatic digital currency, has analysts locked in a heated debate about its 2024 price trajectory. Will it soar to new heights, fueled by institutional adoption and mainstream acceptance, or will it face a reality check and revisit recent lows? The optimists, led by the prominent crypto analyst Cryptoyoddha, have painted a picture of
The legal battle between Ripple and the US Securities and Exchange Commission (SEC) has been ongoing for over three years now and is finally reaching its trial phase scheduled on April 23. Despite the adversarial nature of the situation, recent developments have shown a surprising collaborative effort between the two parties. An important joint letter
Bitcoin’s price has recently found support around the significant $60K price level, initiating a period of sideways consolidation correction. However, buyers are aiming to reclaim the $73K threshold in the mid-term, propelling the price towards a new all-time high. A detailed analysis of the daily chart indicates that Bitcoin’s price has entered a mid-term corrective
The recent escape of Nadeem Anjarwalla, a Binance executive, from Nigerian custody has caused a stir in the cryptocurrency community. Anjarwalla, who holds dual citizenship from Kenya and the UK, allegedly absconded on March 22 during Friday prayers at a mosque in Abuja. He managed to use a Kenyan passport to board a flight operated
The recent implementation of EU anti-money laundering regulations has caused a stir among various stakeholders, sparking a heated debate on the balance between combating financial crime and preserving citizens’ rights. The new laws, which have been proposed and approved by the majority of the EU Parliament’s lead committees, have drawn both criticism and support from
In a shocking turn of events, U.S. District Judge Robert Shelby recently imposed sanctions on the Securities and Exchange Commission (SEC) for serious misconduct in its legal action against Utah-based cryptocurrency firm DEBT Box. This decision came after Judge Shelby found that the SEC had engaged in a “gross abuse of power” throughout the case.
The past week has been a challenging one for Spot Bitcoin ETFs, as they have experienced a lack of significant inflows day after day. This trend has led to consecutive daily outflows throughout the week, signaling a potential decrease in bullish sentiment among institutional traders. The impact of this lack of interest can be seen
The cryptocurrency market witnessed a frenzy recently as Solana meme coin $PUNDU closed out its presale with an impressive $37 million raise. However, the spotlight is now on Dogecoin20, a revamped version of Dogecoin, which is still open for contributions and inching towards a $10 million hard cap sellout. In just a week, Dogecoin20 ($DOGE20)
Bitcoin accumulation addresses are a crucial aspect of the crypto market that indicate significant investor activity. These addresses refer to wallets that have zero outgoing transactions and maintain a balance of at least 10 BTC. They serve as a way for entities to accumulate Bitcoin as a long-term investment, showcasing their confidence in the future
The recent surge in the crypto market has brought to light the growing fascination with meme coins among investors. These digital assets, often characterized by their speculative nature and lack of utility, have been gaining popularity due to their potential for significant asset appreciation. One such example is the emergence of PUMP, a meme coin