Bitcoin (BTC) layer 2 blockchain Stacks (STX) has experienced a significant surge in value following the endorsement from billionaire investor Tim Draper. With a 26% increase since Draper’s comments made headlines on social media, the asset is now trading at $1.53, up from $1.18 at 7 pm ET on Tuesday. This article delves into Draper’s
U.S. Senator Roger Marshall recently made a surprising admission about the origin of the Digital Asset Anti-Money Laundering Act, which has been met with criticism from the cryptocurrency community. This revelation has sparked a heated debate among various stakeholders in the crypto industry. During a speech at the Parliamentary Intelligence-Security Forum, Senator Marshall disclosed that
Michael Saylor, a well-known Bitcoin advocate, believes that the potential approval of a spot BTC exchange-traded fund (ETF) could be the most significant development on Wall Street in the last thirty years. In a recent interview with Bloomberg, Saylor compared this event to the launch of the S&P 500 ETF, highlighting its transformative potential for
The Central Bank of Ireland (CBI) has recently granted a license to Ripple’s Irish subsidiary, Ripple Markets Ireland Limited, as a registered Virtual Asset Service Provider (VASP). This milestone allows Ripple to offer specific digital asset services within Ireland and expand its operations to clients across the European Economic Area in the future. However, additional
Epic Games Store, a prominent player in the gaming marketplace, has recently made a significant policy change regarding blockchain games. This revision comes following the removal of certain blockchain games from the store. With its establishment in December 2018, the Epic Games Store is renowned for its Unreal Engine and the popular game Fortnite, offering
A recent report by K33 research analysts shed light on the growing appetite of institutional investors for Bitcoin, particularly in anticipation of the potential approval of a Spot BTC ETF. The report, authored by K33’s Senior Analyst Vetle Lunde and Head of Research Anders Helseth, highlighted a key indicator that reflects institutional traders’ interest in
As the popularity of DEX-launched cryptocurrencies continues to grow, the latest coin to capture attention is the Micro Coq (MICRO) token. With a staggering +3,000% rally, this meme coin has gained significant momentum. But the question on everyone’s mind is, could Micro Coq be the next moon-shot? The Trend of Explosive DEX-Traded Tokens In recent
Bitcoin’s price attempted to surpass the $43,000 mark but ultimately failed, resulting in a significant drop. However, the cryptocurrency has managed to recover most of its losses since then. While larger-cap altcoins like BNB, SOL, and AVAX demonstrated impressive gains, ADA and DOGE retraced slightly. After a relatively quiet weekend, with bitcoin trading mostly around
The cryptocurrency market has experienced significant volatility in the first half of December, leaving investors searching for signs of a long-term recovery. In this dynamic environment, it is crucial to pay strategic attention to tokens such as Woo Network (WOO) that offer opportunities for both short-term and long-term trading. Both Ethereum and Bitcoin, the two
Ethereum price is facing hurdles in its attempt to climb back above the $2,200 and $2,250 levels. The failure to overcome these key resistance zones could potentially result in bearish momentum if the price drops below the $2,120 support level. The price of Ethereum is currently trading below $2,200 and the 100-hourly Simple Moving Average,