Bitcoin’s price has seen a notable dip of 15% since its all-time high in mid-March. However, despite this drop, there are indicators suggesting that the bull run may not be over just yet. One important metric to consider is the Fear and Greed Index, which reflects the current sentiment of investors. A ratio above 50
Billionaire investor Mark Cuban has recently made a plea to the US Securities and Exchange Commission (SEC) to update Form S-1 in order to streamline the registration process for token-based companies. This call to action comes after SEC Commissioner Mark Uyeda highlighted the challenges faced by crypto issuers when submitting disclosure filings. Uyeda labeled the
Binance.US, the American arm of the world’s largest cryptocurrency exchange, Binance, is gearing up for the next stage in its legal battle with the Securities and Exchange Commission (SEC). The SEC has filed multiple charges against Binance.US, alleging violations of securities laws. Despite efforts to dismiss these allegations, the court has ruled in favor of
Arthur Hayes, the co-founder of BitMEX, recently published an essay titled “Zoom Out,” where he delves into the historical economic patterns from the 1930s-1970s and their relevance to today’s financial landscape. Hayes categorizes these patterns into “Local” and “Global” cycles, highlighting the macroeconomic forces at play. Local Cycles: During Local Cycles, there is a strong
In the first half of 2024, Bitcoin and Ethereum have proven themselves to be the most profitable assets, outperforming traditional investments such as the Nasdaq, S&P 500, oil, gold, the U.S. dollar, and government bonds. According to a recent report by Matrixport, these cryptocurrencies have once again shown their dominance in the market. One significant
Bitcoin has been experiencing significant fluctuations in its price recently, bouncing back from a dip below $60,000 only to struggle to surpass crucial resistance levels, such as $63,500. This has led to a prevailing bearish sentiment in the market, with one notable crypto analyst, Alan Santana, predicting an impending crash in the Bitcoin price. Santana’s
Artificial intelligence (AI) models, according to Charles Hoskinson, the co-founder of the blockchain platform Cardano, are losing their utility over time. Hoskinson attributes this to AI censorship, where machine learning algorithms are used to filter objectionable content and shape public opinion. This alignment training is a significant issue, especially with high-powered AI models, as it
Silvergate Capital recently settled with the SEC for $50 million following allegations of misleading investors about the strength of its BSA/AML compliance program. The SEC claimed that Silvergate Capital, its subsidiary Silvergate Bank, and two executives provided false assurances regarding the monitoring of crypto customers, including the exchange FTX. The company’s automated monitoring system reportedly
Cardano, a popular cryptocurrency, has been experiencing significant price movements, prompting crypto analysts to uncover new technical patterns that suggest a potential rebound in its value. This article will delve into the analysis of these patterns and the implications they may have on Cardano’s future price action. Crypto analyst Captain Faibik recently shared insights on
The VanEck Head of Digital Assets Research, Matthew Sigel, recently confirmed that the company’s Solana spot ETF proposal is contingent on Donald Trump winning the US presidency. This bold strategy has raised eyebrows in the financial world, especially considering the current political climate in the United States. Analysts are skeptical about the approval odds for
