The Bahamas Securities Commission recently announced the passing of the Digital Assets and Registered Exchanges Act, 2024 (DARE 2024), marking a significant step towards providing regulatory clarity for the country’s digital assets industry. This move comes nearly two years after the collapse of FTX, a major player in the industry. Christina Rolle, the executive director
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The Elliott Wave theory has gained significant popularity among Bitcoin analysts for its effectiveness in predicting the future movement of the cryptocurrency’s price. One pseudonymous crypto analyst, XForceGlobal, recently utilized this theory to estimate the potential next steps for the price of Bitcoin. In the analysis shared on TradingView, XForceGlobal applied the 5-wave Elliott Wave
Cardano (ADA) is currently facing a crucial juncture as it grapples with the possibility of an inverted hammer formation on its weekly chart. This pattern symbolizes potential buying pressure taking over early selling, hinting at a trend reversal from bearish to bullish. However, amidst this glimmer of hope, ADA’s technical indicators are sending mixed signals.
Jonathan Mann and Brian L. Frye, both well-known figures in the digital art world, have recently filed a lawsuit against the US Securities and Exchange Commission (SEC) regarding the classification of NFTs as securities. This case has sparked a heated debate within the art community about the implications of treating digital art as traditional investments.
Cardano (ADA) has recently experienced a significant surge in Exchange Traded Product (ETP) inflows, attracting the attention of institutional investors. The influx of capital from these investors suggests a growing interest in Cardano and could potentially signal an uptrend in the near future. CoinShares, a prominent firm in the crypto ETP industry, reported that digital
Goldman Sachs CEO David Solomon recently shared his views on Bitcoin, stating that it could potentially serve as a store of value similar to gold. While Solomon has never been a vocal critic of Bitcoin, he still maintains a cautious approach towards the cryptocurrency. He regards Bitcoin as a speculative investment with no clear use
In the wake of the US government’s decision to move $2 billion worth of bitcoin holdings to a new address, the cryptocurrency market experienced a significant drop, with Shiba Inu (SHIB) seeing a 3% decrease in its price. This sudden decline raised concerns among investors, but is this just a temporary setback or a sign
The landscape of cryptocurrency trading is undergoing a significant transformation, with decentralized exchanges (DEXs) now emerging as strong contenders against centralized exchanges (CEXs). The founder of Uniswap, Hayden Adams, recently pointed out that DEX market share is at an all-time high relative to CEX. This shift is evident in the rising trading volumes on DEX
Bitcoin open interest is a crucial metric that reflects how investors are perceiving the cryptocurrency market and what kind of bets they are placing. The recent surge in Bitcoin open interest to a new all-time high has significant implications for the market, indicating a shift in sentiment among investors. After experiencing a decline in open
Fight League Survivor is not your average arcade-style action game. It offers players an immersive experience as they take on the formidable Icharid Covenant in the vibrant world of Bastion. The game is filled with challenging gameplay, intense action, and strategic elements that keep players on their toes. One of the unique aspects of Fight
