Polygon (MATIC) has caught the attention of analysts as they provide insights into the potential future of this altcoin. In a recent video by crypto analyst JB on the Cheeky Crypto YouTube Channel, he discusses MATIC’s recent decline following Bitcoin’s pullback. However, JB believes that this decline could position MATIC for an upward move. He
The crypto market is bracing itself for a transformative 2024, with speculation of a new bull cycle on the horizon. Stu Alderoty, the chief legal officer of Ripple, a prominent blockchain payment company, recently shared his predictions on the future of crypto regulations that could potentially impact investor confidence. In an X post released on
Tether, the company responsible for the largest stablecoin, has recently released two letters that were sent to the US Senate Committee on Banking, Housing, and Urban Affairs and House Financial Services Committee. These letters were specifically addressed to Senator Cynthia Lummis and Representative French Hill, both of whom have raised concerns about the alleged use
The rise of cryptocurrency exchange-traded funds (ETFs) has become a trend this season, with numerous traditional finance companies seeking regulatory approval to introduce more options to the market. First Trust, an asset management firm, is joining the fray by applying to create a Bitcoin Buffer ETF. This unique product aims to help investors protect themselves
Bitcoin, the world’s largest cryptocurrency, has been on a remarkable bull run this year, doubling in price. However, according to Bitwise, a crypto index fund manager, this bullish sentiment is expected to continue well into the next year. In their recently released report, Bitwise predicts that BTC will skyrocket to $80,000 in 2024. This optimistic
The cryptocurrency market experienced a loss of momentum recently, with Bitcoin’s price retracing back down to around $42,000. Alongside Bitcoin, most altcoins also dipped in value, with Solana (SOL) and Cardano (ADA) experiencing significant drops of over 5%. However, amidst this red sea of price declines, Internet Computer (ICP) stood out by surging an impressive
The price movement of OSMO in the cryptocurrency market has been characterized by significant volatility. Throughout the year, it has primarily followed a bearish trend, causing uncertainty among investors. However, in the last three months, OSMO has shown promising signs of a strong comeback and entered a phase of recovery. This shift in the market
The Ethereum scaling solution, Arbitrum (ARB), experienced a major downtime event on December 15, resulting in the network being inaccessible for over 60 minutes. The incident prompted an immediate investigation into the cause of the problem and the deployment of a fix. This article analyzes the implications of this downtime event and its impact on
As the world of digital currencies continues to evolve, the adoption and use of Bitcoin (BTC) by developing countries are becoming increasingly prominent. This trend has caught the attention of investment giant Franklin Templeton, with its Head of Digital Asset & Investor Advisory Services, Sandy Kaul, expressing her views on the future role of Bitcoin
The U.S. Securities and Exchange Commission (SEC) has denied a petition from cryptocurrency exchange Coinbase, which requested the development of new rules for digital asset securities. In a response letter to Coinbase, the SEC stated that it believes the requested rulemaking is currently unwarranted and therefore denies the petition. This decision concludes a lengthy back-and-forth