The crypto market has entered a phase of cautious trading and consolidation following recent bouts of volatility. Both Bitcoin and Ethereum, the two largest cryptocurrencies, are experiencing minor price fluctuations as they recover from major corrections. Currently, Bitcoin is trading around $41,960, with a 0.17% decline over the past 24 hours. On the other hand,
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The Chairman of the Commodities Futures Trading Commission (CFTC), Rostin Behnam, has expressed his belief that most cryptocurrencies should be classified as commodities under existing laws. However, he emphasizes the need for updated regulatory frameworks to account for the technological advances brought about by these digital assets. In an interview with CNBC, Behnam stressed that
Cryptocurrency enthusiasts and traders are always on the lookout for promising altcoins that have the potential for significant price appreciation. LFNTY Coin is one such altcoin that has captured the attention of the crypto community with its impressive price gains. In the past 24 hours, LFNTY Coin has surged by a staggering 20,000%, reaching a
In a recent announcement by the National Vulnerability Database (NVD), a critical vulnerability in Bitcoin’s inscriptions has been identified. This vulnerability has the potential to impact the Ordinals Protocol that was developed in 2022. The NVD, which is overseen by the National Institute of Standards and Technology (NIST), plays a vital role in cataloging and
In a recent analysis by ETC Group’s Head of Research, Andre Dragosh, the current state of the crypto market was examined in great detail. The findings revealed that crypto assets have demonstrated their resilience by outperforming traditional assets such as equities. This outperformance was driven by a significant repricing in monetary policy expectations and short
In recent years, the Korean crypto industry has been plagued by devastating scandals, eroding investor confidence and creating a sense of urgency for regulatory intervention. On Dec. 11, the Korean Financial Services Commission (FSC) unveiled a comprehensive set of regulations under the Act on the Protection of Virtual Asset Users, signaling a new era of
Senator Elizabeth Warren’s announcement of an expanded coalition of Senate support for the Digital Asset Anti-Money Laundering Act marks a significant development in the ongoing effort to regulate cryptocurrencies. The bipartisan bill aims to mitigate the risks of illicit finance posed by digital assets by bringing them into greater compliance with anti-money laundering frameworks. This
Finding the next big winner in the volatile cryptocurrency market can feel like searching for a diamond in the rough. While tales of overnight millionaires capture the imagination, the reality often involves arduous research and white-knuckle risk. However, with the emergence of AI-driven platforms, a new path forward is unfolding, offering traders the opportunity to
As XRP holders contemplate whether to continue holding onto their tokens, the underperformance of the crypto token has raised concerns within the community. Talks about potential manipulation have further added to the worries. However, amidst all the uncertainty, one crypto analyst provides a glimmer of hope for XRP’s future price. Crypto analyst Dark Defender, in
Cardano (ADA) has captured the attention of investors this year with remarkable price gains, surging by 137% from its starting point of $0.2464. As market participants ponder on ADA’s future trajectory, various predictions have emerged regarding its potential growth. This article will analyze Cardano’s current market position, evaluate expert forecasts, and discuss key factors that
