In a market where major cryptocurrencies like Bitcoin and Ethereum are experiencing pullbacks, savvy investors are turning their attention to smaller altcoins with strong bullish momentum. These altcoins offer the potential for high-growth opportunities that could make them some of the best cryptocurrencies to buy today. One such altcoin is Siacoin, the native token of
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In a recent development, Ladan Stewart, a key member of the US Securities and Exchange Commission’s legal team, has decided to leave her position to join a pro-crypto law firm. This move highlights the increasing importance of legal expertise in the cryptocurrency industry and the complexities surrounding regulation in this space. New Role at White
The recent price action of Bitcoin has led many to believe that the altcoin season is on the horizon. According to crypto analyst Rekt Capital, Bitcoin is expected to experience one last Pre-Halving retrace before embarking on a parabolic move post-halving. This presents a prime opportunity for altcoins to flourish, as Bitcoin faces a significant
Bitcoin, after reaching an all-time high of $52,000 in just two years, seems to have hit a roadblock. Currently trading below this significant psychological threshold, the sentiment surrounding Bitcoin remains optimistic despite this setback. Recent data suggests a distinct pattern of behavior among long-term holders of Bitcoin. These investors have collectively sold about 200,000 BTC
In response to the increasing scrutiny of global crypto regulations, Backpack Exchange, a crypto platform founded by former FTX executives, announced its expansion to 11 US states. This move signifies a strategic effort to establish a strong presence in the US market and comply with regulatory requirements. CEO Armani Ferrante expressed the company’s dedication to
MetaMask has recently announced a major upgrade to its Security Alerts feature, which is now being implemented as the default transaction alert system for both Extension and Mobile users on various blockchain networks. This collaboration with Blockaid aims to provide users with an additional layer of privacy and protection against scams, without compromising their transaction
The trend of declining exchange balances for Bitcoin has been evident since mid-March 2020, marking a significant shift in investor behavior. Initially, over 17% of Bitcoin’s total supply was held on exchanges, reaching a record high. However, this trend has continued through Bitcoin’s 2021 bull run and into 2024. According to CryptoSlate’s analysis of Glassnode
After recently surpassing the $3,000 mark, Ethereum (ETH) has been the center of attention in the crypto community. However, amid the celebratory atmosphere, Fred Krueger, a well-known Bitcoin ETF expert, has expressed skepticism about the true value of ETH. Krueger, drawing on his experience as a Wall Street veteran and prop trader, took to social
The Hong Kong Monetary Authority (HKMA) recently introduced new regulatory standards for tokenized financial products in an effort to promote innovation and protect consumers. This initiative comes as a response to the rapid advancement in tokenization technologies and their increasing application in the financial sector. The guidelines aim to establish clear principles for the sale
Ethereum has recently broken above the $2,900 level, indicating a bullish trend in the market. While Bitcoin has been moving sideways, Ethereum has surged nearly 4% in the last 24 hours, demonstrating its resilience and independent price action. This surge has propelled Ethereum to touch the $2,900 mark for the first time since May 2022,
