The cryptocurrency market has been experiencing a slight recovery, with Ethereum (ETH) leading the charge with modest gains in the past 24 hours. After a significant drop last Friday, where ETH’s price fell to $2,154, there has been a slight uptick in the price, currently hovering around the $2,400 mark. Market expert Jesse Olson has
In 2019, the Federal Reserve made a rate cut that resulted in a 57% drop in the value of Cardano. This downward trend continued for several months, with only a brief period of recovery. The market downturn during the COVID-19 pandemic further exacerbated these declines. The upcoming rate cut by the Federal Reserve is expected
The Commodity Futures Trading Commission (CFTC) has recently announced a partnership with various federal and private organizations in an effort to tackle the rise of crypto scams known as “pig butchering.” These scams have resulted in billions of dollars in losses, highlighting the need for greater awareness and understanding among consumers. The CFTC, along with
Samuel Edyme, known by the catchy nickname HIM-buktu, has made a name for himself as a versatile figure in the world of Web3 content writing, journalism, and trading. Despite facing challenges early on in his crypto journey, such as falling victim to a Ponzi scheme, Edyme did not let setbacks deter him. Instead, he used
Recent data from the blockchain market intelligence firm Santiment has revealed interesting patterns in bitcoin wallet accumulation. While wallets holding less than 1 BTC have been aggressively accumulating, those with 1-100 BTC and more than 100 BTC have cooled off in recent weeks. This shift in accumulation behavior could have significant implications for bitcoin’s price
The recent announcement by crypto exchange Binance that its subsidiary Tokocrypto has obtained a Physical Crypto Asset Trader (PFAK) license from Indonesia’s Commodity Futures Trading Regulatory Agency (Bappebti) marks a significant milestone. This makes Tokocrypto the third exchange in Indonesia to receive such a license, amidst a market where 35 prospective crypto exchanges are registered
Bitcoin (BTC) has been showing signs of revival, with recent price spikes indicating a potential start of a long-awaited market bull run. Santiment, a market intelligence platform, reported a positive change in Bitcoin’s price movements, with the cryptocurrency retesting the $57,000 level. This renewed momentum could spark a positive price rally and lead to further
Despite Bitcoin being in a downtrend, a fundamental analysis conducted by crypto analyst Kaleo reveals that Bitcoin is actually in a healthy position. The analysis suggests that Bitcoin is currently displaying healthier dynamics than it did during the previous halving cycle. This positive outlook comes at a time when Bitcoin is struggling to maintain levels
The Property (Digital Assets, etc.) Bill was recently introduced by the Law Commission of the UK Parliament to legally recognize digital holdings. This groundbreaking legislation aims to classify cryptocurrencies, non-fungible tokens (NFTs), and carbon credits as personal property under British law. This move represents a significant shift in the legal landscape, as it is the
Ethereum (ETH) has been facing a period of significant price stagnation, mirroring the sideways movement of Bitcoin (BTC). In light of this, renowned crypto analyst Benjamin Cowen has delved into Ethereum’s price movements and made some intriguing predictions about where the pioneer altcoin might be headed in the coming months. Unemployment Rates and Price Bottoms
