In the fast-paced world of cryptocurrency trading, staying updated on the latest news, trends, and community discussions is crucial for investors looking to make informed decisions. The market is highly responsive to social narratives, and having a deep understanding of these narratives can give traders an edge in protecting their portfolios and investments in digital
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Cryptocurrency donations are now making a significant impact on political campaigns, as evidenced by the recent decision of the Future Forward USA PAC to accept crypto donations through Coinbase Commerce. This move has shed light on the evolving stance of Democrats towards digital currencies and the role they may play in shaping future legislation. Clarification
Ripple recently announced its partnership with South Korea’s Yonsei University as part of its University Blockchain Research Initiative (UBRI) program. This collaboration marks the addition of Yonsei University as the 58th partner in Ripple’s global UBRI program, with 12 of these partnerships located in the Asia Pacific region. Yonsei University will be engaged in a
The U.S. Securities and Exchange Commission recently announced charges against Galois Capital, a crypto-focused advisory firm that held client assets at FTX. The SEC found that Galois failed to ensure that the crypto held by the private fund it advised was with a qualified custodian, instead opting for unqualified platforms like FTX. This decision led
Bitcoin has recently slipped to under $56,000, continuing its downward trajectory in the market. Arthur Hayes, co-founder and former CEO of BitMEX, has predicted that in a worst-case scenario, the cryptocurrency could drop to $50,000. This bearish outlook is based on broader macroeconomic factors, including actions by the Federal Reserve and dynamics in the US
The Ethereum market has experienced a significant shift recently, with rising exchange reserves indicating a potential new distribution phase. CryptoQuant’s Ethereum Exchange Reserve metric has been a key indicator, tracking the amount of ETH held in exchange wallets. A rise in this metric often signals that traders are moving their ETH onto exchanges in preparation
The Open Network and its native token, TON, have recently faced a significant price plummet, with the token dropping by over 90% in just minutes on CoinMarketCap. The price of TON went from $5.2 to about $0.3, representing a massive 94% decrease in value. However, it is important to note that this crash was not
The latest analysis by Santiment reveals a significant decrease in whale activity across major crypto assets, such as Bitcoin and Ethereum. The number of transactions valued at over $100k has dropped substantially from the highly active period in March to August. For instance, Bitcoin transactions decreased from 115.1k to 60.2k, while Ethereum transactions fell from
Recently, the renowned crypto analyst ‘Titan of Crypto’ shared with his massive following a technical pattern that has never been witnessed before in the cryptocurrency market. This pattern is none other than a golden cross forming between the 100-day moving average and the 200-day moving average. Traditionally, a golden cross occurs when a shorter-term moving
In the latest Crypto Wealth Report 2024 by Henley & Partners, it was revealed that the number of individuals holding over $1 million in digital assets has surged by 95% to 172,300. This increase comes amidst a significant growth in the crypto market, with its total value reaching $2.3 trillion, marking an 89% rise from
