The U.S. Treasury Department is ramping up its efforts to combat cybercrime, specifically targeting three North Koreans allegedly involved in supporting the notorious Lazarus Group, known for its high-profile cyberattacks and cryptocurrency-related thefts. On Monday, the U.S. Treasury’s Office of Foreign Assets Control announced sanctions against three individuals allegedly linked to North Korea’s infamous Lazarus...Read More
The Bitcoin market has faced a tumultuous ride, with the digital currency struggling to find stable ground amidst swirling financial currents. Recent news of potential interest rate hikes caused a sharp selloff that sent Bitcoin plummeting below $30K, erasing its monthly gains. With BTC’s price falling by over 8% in just a few days, sellers...Read More
The Brazilian Securities and Exchange Commission (CVM) has initiated an investigation into the global cryptocurrency exchange Binance, amid allegations that the company provided guidance to clients on evading stop order restrictions. This signals increased scrutiny on Binance operating within Brazil, as regulators look to enforce compliance with local rules and regulations. Is Binance In Brazil’s...Read More
Cardano experienced a remarkable first quarter this year, with both the token and the blockchain demonstrating growth in various aspects. This sparked a sense of optimism among investors that had been absent during the previous bearish period. However, after enjoying robust growth in the past week, ADA price has now initiated an intense bearish rally,...Read More
In a recent hearing, the U.S. House Financial Services Committee discussed a draft bill that was released over the weekend. The bill aims to regulate stablecoins, a type of digital currency that is designed to maintain price stability by being pegged to the value of another asset. Prominent Democrats cast doubt on Wednesday over the...Read More
The crypto sphere is no stranger to explosive growth, and the latest contender garnering attention in the market is the Arbitrum token (ARB). With the DeFi sector currently gaining momentum following Ethereum’s successful breakout above $2K, layer 2 scaling solutions are becoming increasingly essential. Experts and altcoin traders are closely monitoring the ARB token price...Read More
In the ongoing legal battle between Ripple and the United States Securities and Exchange Commission (SEC), a crucial detail has emerged that may give the cryptocurrency community cause for optimism. The SEC, embroiled in a high-profile case against Ripple, has suffered setbacks in five of its six most recent appearances before the Supreme Court. However,...Read More
In a significant move to strengthen the oversight of the burgeoning crypto industry, the New York Department of Financial Services (NYDFS) has adopted new regulations aimed at enhancing consumer protection and ensuring the safety and soundness of crypto companies. Under the new framework, companies will be required to comply with rigorous standards for capitalization, cybersecurity...Read More
As the crypto market experiences a reawakening, Bitcoin’s (BTC) recent rally has captured the attention of investors and enthusiasts. The flagship cryptocurrency has reached a remarkable 10-month high, surging past the $30,000 mark, bolstered by an atmosphere of positive market sentiment. Amidst ongoing economic uncertainties, investors are now eagerly awaiting Bitcoin’s next price trend and...Read More
Bitcoin price smashes new yearly highs at $31,000 for the first time in the past nine months. The gigantic recovery which sparked at the beginning of 2023, is approaching some crucial levels. Meanwhile, some of the altcoins, like ARB, SOL, and ATOM, are displaying acute bullish momentum. One of the top analysts, Altcoin Sherpa, frames...Read More
ChainLink (LINK), the decentralized oracle network that bridges smart contracts with real-world data, has made headlines in the cryptocurrency space as it recently broke through its monthly resistance level, setting new price targets and sparking investor interest. The fresh surge came after Ethereum’s Shanghai upgrade went live on 12 April, pushing the altcoin and DeFi...Read More
With the latest upswing, it would not be wrong to say that the Bitcoin price has surpassed the bearish pressure. The price has soared past $30,000 and has been able to sustain itself despite the bearish actions that continue to prevail within the markets. However, it doesn’t seem that the price may undergo a steep...Read More
In the run-up to Ethereum’s highly anticipated Shanghai upgrade, the second-largest cryptocurrency by market cap is struggling to maintain its momentum, hovering around the $1.9K mark. Investors and traders seem to demonstrate a classic “sell the news” behavior as the upgrade draws near, with traders taking profits before the event unfolds. Ethereum Shows Strong On-Chain...Read More
The recent sharp decline in the value of Polygon (MATIC) has caused a new wave of volatility in the crypto market, leaving investors uncertain of its future price trends. Although the token has recovered slightly, MATIC investors are still scrambling to find a safe haven amidst the market’s uncertainty. Latin America’s biggest investment bank launched...Read More
Over the past few days, the price of ADA has experienced a noteworthy recovery rally, indicating an imminent significant shift. Additionally, ADA holders have switched their attention to long-term objectives, given that the development team is actively implementing more network upgrades. Consequently, there has been a significant increase in whale accumulation, suggesting a bullish move...Read More
As Bitcoin continues to dominate headlines with increased price fluctuations, traders wonder whether Bitcoin will tumble to $25,000 or catapult to $30,000 in the upcoming hours. The possibility of a dip to $25,000 is anchored in global regulatory measures and various macro events, such as US employment data. However, the prospect of Bitcoin soaring beyond...Read More
The crypto market is excited as Ethereum, the second-largest cryptocurrency by market cap, gears up for its highly anticipated Shanghai upgrade. However, as the date for the upgrade approaches, some investors are concerned that the Ethereum price may experience a “sell the news” event. As the hype around the upgrade builds, many investors are buying...Read More
Arbitrum (ARB) token holders, who are using the promising layer 2 scaling solution, are experiencing mixed emotions following the distribution of rewards by the protocol. While some have expressed admiration for the efficiency and quickness of the platform, there have been concerns regarding the practical use of the token. As the ARB token witnessed a...Read More
Ethereum has been making headlines recently, and for a good reason. The popular cryptocurrency has broken above its crucial monthly resistance level, leaving traders and investors hoping for a new bull run. The timing couldn’t be better, as Ethereum’s upcoming Shapella upgrade is also generating significant hype among the crypto community. As a result, prominent...Read More
Shiba Inu (SHIB), a cryptocurrency that took the world by storm with its dog-themed branding, is currently experiencing a bearish trend in the market. However, many analysts and enthusiasts believe that the coin may soon find support and rebound. Additionally, SHIB’s recent network developments and burning events will soon ignite fresh surges and continue the...Read More
Bitcoin has been on a remarkable run recently, with its value surging to new highs in the past few weeks. However, the recent lawsuit on Binance by the CFTC and several macro conditions may create a slowdown in BTC’s ongoing trend. The question on everyone’s mind now is whether this rally is sustainable or if...Read More
In recent days, investor interest in accumulating meme coins has waned due to limited volatility and diminished social prominence. However, it appears that leading meme coins like Dogecoin and Shiba Inu may be poised for a strong resurgence as they prepare to bounce back from a dip. Consequently, investors are now contemplating if this is...Read More
In the last few days, investor interest in Cardano (ADA) price has surged as its competitor’s zkEVM went live on Tuesday after completing its beta stage. This renewed attention to the Cardano network has created a significant boost for ADA price, resulting in broad attention and increased investor inflow. As Cardano’s price continues to break...Read More
Bitcoin (BTC) has made a remarkable comeback in 2023, achieving its best quarterly gain in two years with a 72% increase so far this year, as per the latest update. At the time of writing, the value of BTC is $28,398, raising the cryptocurrency’s market capitalization to $542 billion, pushing it ahead of other competing...Read More
The crypto market is buzzing with excitement as Bitcoin and Ethereum, two of the most popular cryptocurrencies, appear to be poised for significant price momentum in the coming week. As we approach the end of the month, traders are eagerly anticipating a continuation of the recent upward trend in the cryptocurrency market. Over the last...Read More
Bitcoin and Ethereum, which are high market capitalization assets, have remained stable, while altcoins such as XRP have experienced overnight double-digit gains. According to crypto experts, Bitcoin’s increasing dominance indicates that the “popcorn effect” is imminent, and the gains will keep spreading to XRP. XRP’s 20% upward rally has been majorly attributed to the potential...Read More
With Bitcoin’s astronomical surge, the crypto market has witnessed an overall bullish trend, touching a new mark in the global market cap. However, with each passing day, investors are witnessing several altcoins rise and fall, and one such cryptocurrency that has been caught under intense bearish domination lately is Cardano. Despite bringing many developments to...Read More
Bitcoin’s price has made a fresh increase above its crucial resistance levels from mid-March and has gained investors’ bullish confidence in making new highs by this month’s end. While many investors focus solely on Bitcoin and other major cryptocurrencies, experts believe the upcoming altcoin season could be a turning point for the crypto market. According...Read More
A recent study by economists has revealed a chilling reality: 186 US banks are facing a potentially devastating risk due to issues similar to those that caused the collapse of Silicon Valley Bank. With interest rates on the rise, many banks are finding their assets diminished and their futures uncertain. Asset Books and Market Value...Read More
The crypto market appears to have gained significant strength as the majority of the tokens have been witnessing a significant upswing in the past few days. However, altcoins like Cardano and Solana who are tough competitors within the DeFi and NFT space, are expected to recover from their losses soon. Cardano and Solana are among...Read More
