After a relatively quiet weekend, Bitcoin faced a sharp decline in its price, dropping by approximately $2,000 and reaching a low of $40,600. However, the bulls quickly intervened and prevented further losses, initiating a significant surge. Bitcoin managed to climb as high as $43,500 before losing momentum and slipping back below $42,000. Nonetheless, the cryptocurrency
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As the cryptocurrency market continues to gain momentum, DEX-launched cryptocurrencies have been making huge waves. One such token that has emerged as the latest moon-shot is Micro Coq (MICRO). After a jaw-dropping +3,000% rally, the question arises: could Micro Coq be the next meme coin to capture the attention of investors and traders? In recent
The cryptocurrency market has been eagerly awaiting signs of a long-term recovery. With such prospects in mind, it becomes imperative for astute traders and investors to pay strategic attention to tokens that offer both short- and long-term trading opportunities. One such token that holds promise in the dynamic crypto environment is Woo Network (WOO). After
Renowned Bitcoin advocate Michael Saylor has recently highlighted the potential approval of a spot Bitcoin exchange-traded fund (ETF) as a gamechanger for the financial world. According to Saylor, this development could be the most significant on Wall Street in the past three decades, comparable to the creation of the S&P 500 ETF. He believes that
The surge in interest from institutional investors regarding Bitcoin has become increasingly evident, particularly in anticipation of the potential approval of a Spot BTC ETF. According to a comprehensive report by K33 research analysts, one indicator stands out remarkably when gauging institutional traders’ interest in Bitcoin – the derivatives market. This report, authored by K33’s
U.S. Senator Roger Marshall surprised many when he revealed that the American Bankers Association (ABA) played a vital role in formulating the divisive Digital Asset Anti-Money Laundering Act. In a speech delivered at the Parliamentary Intelligence-Security Forum, Marshall disclosed that Senator Elizabeth Warren had approached them with the legislation, and together, they sought assistance from
The Central Bank of Ireland (CBI) has made an important move in the cryptocurrency industry by granting a license to Ripple Markets Ireland Limited, Ripple’s Irish subsidiary. The license allows Ripple to operate as a registered Virtual Asset Service Provider (VASP) in Ireland. This article analyzes the significance of this development and its potential impact
Ethereum, the world’s second-largest cryptocurrency, is currently facing challenges in its attempt to climb above key resistance levels. With the price trading below $2,200 and the 100-hourly Simple Moving Average, investors are closely monitoring the market dynamics to gauge whether a bullish trend is imminent or if a bearish momentum will prevail. Difficulty in Breaking
The communication firm, Pomilio Blumm, has recently introduced an avant-garde initiative called “Curriculum on Chain.” This groundbreaking project aims to revolutionize academic certificates, diplomas, and awards by transforming them into Non-Fungible Tokens (NFTs). The main objective is to establish a secure and seamless method for verifying and authenticating educational accomplishments. Embracing this cutting-edge certification system,
Financial technology company Revolut is reportedly making adjustments to its cryptocurrency services in response to new regulations imposed by the UK’s Financial Conduct Authority (FCA). Starting from January 2024, Revolut will temporarily suspend cryptocurrency purchases for its business clients in the United Kingdom. This move is aimed at ensuring compliance with the FCA’s updated rules
