In recent discussions among cryptocurrency enthusiasts, the veteran trader Peter Brandt has introduced a compelling viewpoint regarding Bitcoin (BTC) using the metaphor of a ‘Three Blind Mice’ trading pattern. This particular nomenclature does not merely describe the technical aspects of a chart; it symbolizes the prevailing sentiment among traders who are wrestling with the uncertainties
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X Empire, a new contender in the gaming and blockchain ecosystem, has recently shared extensive details regarding its anticipated airdrop. This reveal signals an exciting turning point, especially as the community gears up for the final stages of token distribution. Specifically designed to reward community involvement and player engagement, X Empire is allocating an impressive
In an alarming development within the realm of cryptocurrency, a 21-year-old man from Lebanon, Indiana, named Evan Frederick Light has confessed to orchestrating a substantial heist, accumulating losses exceeding $37 million from nearly 600 victims globally. Light’s plea of guilt, presented before U.S. Magistrate Judge Veronica Duffy on September 30, 2024, encompasses two serious charges:
In a significant decision, the United States Court of Appeals for the District of Columbia Circuit concluded that betting on U.S. elections through prediction markets is legal. This ruling, issued on October 2, 2023, came after the Commodity Futures Trading Commission (CFTC) sought to impose restrictions on such markets, particularly targeting Kalshi, a prediction platform.
As the cryptocurrency market heads towards the close of September 2023, investors are met with mixed signals. After a rally earlier in the month that had many hopeful for a substantial upward trend, Bitcoin’s price has slipped below the psychological threshold of $65,000. This price movement has aroused feelings of uncertainty, as reflected by the
The ongoing legal tussle between the United States Securities and Exchange Commission (SEC) and Ripple Labs has captivated the cryptocurrency world, particularly following the SEC’s recent decision to appeal the favorable ruling for Ripple regarding its XRP token. This article explores the implications of this appeal, Ripple’s response, and the broader impact on the cryptocurrency
In a noteworthy development for the cryptocurrency market, Bitwise Asset Management has filed for an exchange-traded fund (ETF) tied to XRP in Delaware. This strategic move is significant as it reflects an increasing demand for structured investment vehicles in digital assets, particularly with Ripple’s cryptocurrency, XRP, at the forefront. The announcement, reported by Fox Business’
As October, or “Uptober,” unfolds, market analysts are radiating optimism regarding Bitcoin’s future trajectory. The end of September saw a resurgence in Bitcoin’s value, suggesting that the cryptocurrency is gearing up for an exciting quarter ahead. In this atmosphere of enthusiasm, a notable crypto analyst has identified significant factors that could elevate Bitcoin to unprecedented
The ongoing clash between the U.S. Securities and Exchange Commission (SEC) and Ripple Labs has entered a new chapter, as the SEC has filed an appeal against a recent court ruling that initially appeared to favor Ripple. This decision has significant implications not only for Ripple and its cryptocurrency, XRP, but also for the broader
Bitcoin, the foremost cryptocurrency, has experienced a notable pullback from its peak price of approximately $66,000. At present, it hovers just about 4% below this threshold, placing its $63,000 mark in the spotlight for bullish investors. However, the critical tone within the cryptocurrency market suggests that a more pronounced correction could be looming, potentially driving
