Bitcoin (BTC) has experienced a significant 5% increase in price in the last 24 hours, bringing it closer to the highly sought-after $60,000 mark. This surge in value is fueled by a renewed interest from investors, pushing the largest cryptocurrency in the world towards its all-time high. The recent spike in price coincides with a
Senator Elizabeth Warren recently expressed her willingness to engage with the crypto industry, but only if players in the industry adhere to regulatory standards similar to those in traditional finance. In a recent interview, Warren voiced her concerns about the crypto industry’s association with illegal activities such as drug trafficking, human trafficking, terrorism, ransomware scams,
The digital realm continues to collide with conventional art forms, as the online trading platform Robinhood joins forces with Notable.art to introduce the works of prominent artist Hunt Slonem to a broader audience using Non-Fungible Tokens (NFTs). Robinhood, a company established in 2013, initially gained recognition for its commission-free stock trading platform and has amassed
The Chamber of Digital Commerce recently filed an amicus curiae defending cryptocurrency exchange Kraken in a lawsuit initiated by the US Securities and Exchange Commission (SEC). The purpose of this legal brief is to challenge the SEC’s attempt to regulate the digital asset industry through enforcement without legislative authority. The CDC stated that while enforcement
Bitcoin’s price has recently skyrocketed above $56,000, reaching almost $57,000 according to CoinGecko’s data. This surge has pushed its market capitalization above $1.1 trillion, marking a significant milestone for the cryptocurrency. Despite already being up over 135% in the past year, many experts believe that Bitcoin is just getting started on a substantial rally that
Recent data on the Cardano (ADA) blockchain shows a significant increase in the creation of new wallets, signaling potential growth in adoption and investment in the cryptocurrency. The number of new addresses on the Cardano network has spiked by 89% between February 22 and another 248% earlier in the month between February 1 and February
The Pepe Coin (PEPE) has been gaining momentum, with its price up close to 50% in the past 24 hours. Currently trading around $0.00000227, the coin has broken above the $0.0000019 resistance level, signaling a potential return to its June 2023 record highs around $0.0000045. This could mean a near-term upside potential of 2-3x, making
Investor sentiment plays a crucial role in determining the movement of the Bitcoin price, and the Bitcoin Fear & Greed Index is a key tool in understanding this sentiment. This index categorizes investor sentiment into five major categories – Extreme Fear, Fear, Neutral, Greed, and Extreme Greed, based on a scale of 0-100. Currently, the
HTX, the crypto exchange formerly known as Huobi, has recently resubmitted its application for a Virtual Asset Trading Platform (VATP) license in Hong Kong. This decision comes after the exchange withdrew its initial application, which was filed through its Hong Kong subsidiary Huobi HK on Feb. 20. The withdrawal, which occurred on Feb. 23 without
Shiba Inu, the second-largest meme coin by market capitalization, has been experiencing a surge in daily active addresses. This significant increase, surpassing 3,500, reflects a 13% rise and indicates a growing interest in the asset. The uptrend in active addresses could potentially drive up demand for Shiba Inu, which in turn might positively impact its