Solana Surge as Altcoin Season BeginsVenture Capitalists Confirm Solana’s $600 TargetExperts Confirm SOL $600 Target Analysts are bullish about Solana’s breakout as Ethereum and Cardano lead altcoins with...
last Tuesday at 10:41 PM
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Solana Surge as Altcoin Season BeginsVenture Capitalists Confirm Solana’s $600 TargetExperts Confirm SOL $600 Target Analysts are bullish about Solana’s breakout as Ethereum and Cardano lead altcoins with...
last Tuesday at 10:41 PM
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5 views
Understanding Crypto Markets and Setting Strategy Crypto markets are famous for their unpredictability. Within hours, prices can change dramatically, enhanced by factors like investor investment and government guidelines. At its core, blockchain technology powers the crypto world. This decentralized and transparent ledger records transactions and is the backbone of cryptos like Ether, Bitcoin, and several
10/02/2024
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36 views
A hard fork is a significant update to a blockchain that creates a new chain running parallel to the original but with different features or protocols. Mostly, the forks bring considerable changes and can sometimes divide the community since different participants may prefer one version instead of the other. This new version is not backward
09/01/2024
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59 views
Legal analyst Elliott Stein reflects on crypto exchange Coinbase arguments as likely to secure victory over the US Securities and Exchange Commission (SEC). The legal expert affirmed optimism that Coinbase has a 70% probability of securing victory. Bloomberg's lead litigation analyst Elliot Stein considers a minimal likelihood that Coinbase would lose in the ongoing suit against the Gary Gensler-led SEC. The litigation analyst forecasts that the US largest crypto exchange has 70% potential to secure a complete dismissal of the lawsuit.
01/22/2024
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After rejecting spot Bitcoin ETF for years, the US Securities and Exchange Commission finally allowed the investment vehicle to enter the American market last week. Many expected BTC to rally following the milestone. However, that didn't happen. In fact, the total market cap declined by nearly $5 billion in a span of five days. Moreover, the Crypto Fear and Greed Index, which had been in the "extreme greed" zone since last November, plunged to the neutral level over the weekend and has remained there as of this writing.
01/16/2024
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280 views
Bitcoin has continued to hang on to the gains it recorded at the start of the month, suggesting that the bulls are buying every dip. Further, investors have kept channeling money into Bitcoin funds in December, according to data from CoinShares, which shows that $87 million worth of inflows was posted last week.
12/29/2023
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278 views
Coinbase chief executive Brian Armstrong weighed on the SEC's conduct this year, decrying that Coinbase's push for feedback led to the mid-2023 lawsuit. The executive criticized the US regulators for handling crypto as the jump ball pointing to the ongoing legal battle the agency is embroiled in in its attempt to police the digital asset ecosystem with enforcement. Armstrong's comments align with the pronouncements shared by the San Francisco-based cryptocurrency platform that earned its charges despite the self-engineered pursuit for clarity with the SEC.
12/01/2023
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310 views
Cardano founder Charles Hoskinson lodged a blistering criticism of the US Securities and Exchange Commission (SEC) alleging unfair treatment for altcoins. He faulted the securities regulator's view that Bitcoin is decentralized, labeling that as granting the lead crypto a complete pass. Hoskinson attacked the Gary Gensler-chaired SEC in the Tuesday, November 28 livestream on X, lamenting that it considered Bitcoin sufficiently decentralized. The classification was unjustified as Bitcoin is inadequately decentralized.
11/29/2023
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317 views
Despite Bitcoin surging 130% this year, most crypto investors haven't booked profits, suggesting they are bullish about the coin in the long term. Reflexity founder Willian Clemente recently shared a chart on X showing that over 70% of the BTC currently in circulation hasn't been transferred or sold in the past 12 months.
11/22/2023
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257 views
Bitcoin has traded above $33,000 for the last three days, suggesting that the investors are not in a rush to book profits. If the rally continues, it may trigger FOMO (Fear of Missing Out), which may then lead to increased buying activity, pushing BTC's price even further. But rallies fueled by FOMO are never sustainable. So, if that's the main driver in the ongoing rally, Bitcoin will eventually drop to retest key support levels over the coming days.
10/29/2023
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223 views
Bitcoin continues to trade above $26,500 despite the US Dollar Index recording a new high of the year. This is a good sign that Bitcoin bears are not selling aggressively at lower prices. Nonetheless, Bitcoin's lack of a solid price direction has forced many traders to stay on the sidelines, as revealed by crypto analytics firm CryptoQuant.
09/30/2023
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250 views
SoFi Bank, the San Francisco-based financial institution, has revealed its financial records for the year’s second quarter, including massive crypto asset holdings valued at nearly $170 million. Compared to...
08/11/2023
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256 views
Revolut, the crypto-friendly neobank, has revealed that it is ending its crypto services in the United States. The latest action is in response to the country’s current regulatory uncertainty regarding...
08/04/2023
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298 views
The Federal Reserve's decision to hike rates by 25 basis points on Wednesday failed to cause high volatility in the crypto market. That's because the news did not come as a surprise to many investors. On Friday, the US Personal Consumption Expenditures Index report was released. It suggested that the Fed was finally in a
07/30/2023
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281 views
It ensures that it provides users with appropriate staking pools and helps them earn maximum rewards. Users can enter the pool and stake or restake their tokens multiple times in the allotted epoch.
07/28/2023
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304 views
Altcoins have rallied significantly this week after Polygon Labs released key details of its network's upcoming upgrade and Ripple's victory against the United States Securities and Exchange Commission. On the other hand, the two leading cryptocurrencies by market cap, Bitcoin and Ethereum, are closing the week with minimum gains. Bitcoin's 7-day growth stands at 1.2%.
07/16/2023
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310 views
The Cardano network is in a tight spot after major crypto exchanges in the United States delisted its native token ADA amid growing regulatory scrutiny. With Cardano still showing signs of resilience despite...
07/13/2023
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289 views
In line with its ongoing developmental projects, the Cardano network is on the verge of completing another significant upgrade with the imminent transformation of its proof-of-stake (PoS) chain into a...
07/07/2023
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275 views