In the world of cryptocurrency, particularly Bitcoin, investors have been buzzing with excitement as the digital asset recently saw a 9.34% increase, pushing its price above $71,000. Speculation is rife among market participants about the potential for significant price gains in the current bull cycle. Bitwise CEO, Hunter Horsley, has made a bold statement regarding
The recent resurgence of the Bitcoin price has led to a sense of optimism in the cryptocurrency market, drawing parallels to the positivity often associated with Holy Week among Christians. This renewed momentum has not only benefited Bitcoin but has also had a positive impact on other major cryptocurrencies in the market. A popular crypto
Tigran Gambaryan, a high-ranking official at Binance, has recently taken legal action against the National Security Adviser (NSA) and the Economic and Financial Crimes Commission (EFCC) in Nigeria. This bold move comes after Gambaryan, an American citizen, was wrongfully detained by Nigerian authorities. The case sheds light on the questionable tactics employed by the Nigerian
Cardano (ADA), the proof-of-stake blockchain platform, has been making significant strides in various technological advancements. According to Input Output Hong Kong (IOHK), the engineering firm behind the Cardano blockchain, the platform has seen improvements across different areas. One notable improvement is attributed to the ledger team, which has enhanced test frameworks and data quality in
CFTC Commissioner Caroline Pham recently voiced her concerns regarding her agency’s charges against KuCoin. She pointed out that the aggressive enforcement action may be encroaching on the duties of the SEC, raising questions about the delineation of jurisdiction between the two regulatory bodies. Pham’s critique delves into the interpretation of the allegations against KuCoin. She
It has come to light that Kerrisdale Capital recently released a report suggesting that MicroStrategy’s shares are currently trading at an unjustifiably high premium. This premium, which represents over two and a half times the spot price of Bitcoin, has raised concerns about the true value of the company’s stock. Kerrisdale Capital argues that for
The Binance Women in Technology Academy, in partnership with the Women in Technology Association (Wtech), recently made a significant shift in its focus in response to the devastating earthquakes that hit Turkey on February 6. The Academy conducted a two-day program on March 26-27 in Hatay’s Antakya district, specifically targeting young female university students in
The recent outflows from the Grayscale Bitcoin ETF sent shockwaves through the market, causing a significant drop in the price of Bitcoin. However, as the new week begins, a change in sentiment is starting to emerge as investors once again show bullish tendencies towards Bitcoin. The outflows from the Grayscale ETF have slowed down significantly,
Recently, the Securities and Futures Commission (SFC) website announced the closure of the Binance-linked HKVAEX exchange. Despite its initial application for an operational license in Hong Kong, the exchange chose to withdraw its application on March 28. This decision came just three months after submitting the application, raising questions about the future of the platform.
Ethereum has been maintaining its position above the $3,500 level, with investors eagerly anticipating a return to $4,000. The surge in open interest, reaching new highs, is seen as a bullish sentiment indicator but also carries a warning of a potential shift in market direction. Open interest serves as a tool to track the total