Bitcoin, the most prominent cryptocurrency, has seen a rollercoaster of events since reaching its peak price of $108,135. This milestone, celebrated by many in the crypto community, was unfortunately brief, as Bitcoin struggled significantly to maintain this six-figure status. In the wake of its remarkable ascent, it became apparent that the crypto market was facing
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The landscape of cryptocurrency investment is undergoing a transformation, particularly among financial advisors in the United States. A recent survey conducted by Bitwise has illuminated this shift, revealing heightened interest in cryptocurrencies that correlates with the political climate—specifically, Donald Trump’s reascendancy to the White House. The findings underscore an evolving mentality among financial professionals, signaling
In the ever-evolving landscape of Web3, Samuel Edyme—affectionately dubbed HIM-buktu—stands out as a multifaceted contributor blending journalism and trading expertise. With his unique experiences and insights, Edyme has carved a niche for himself in the crypto space, sharing his thoughts through articles that resonate with both novices and seasoned investors. Platforms such as AMBCrypto, Blockchain.News,
On January 10, the Consumer Financial Protection Bureau (CFPB) proposed a significant interpretive rule aimed at enhancing consumer protections within the rapidly evolving digital ecosystem. The proposed rule suggests extending the protections of the Electronic Fund Transfer Act (EFTA) to cover cryptocurrency wallets. This initiative seeks to hold wallet providers accountable in cases of fraud
In a pivotal moment for the Financial Deposit Insurance Corporation (FDIC), interim Chair Travis Hill addressed the concerning trend of “debanking” associated with cryptocurrency firms during his speech in St. Louis on January 10. The implications of his comments extend beyond the immediate concerns of individual businesses; they signal a critical introspection within the FDIC
The cryptocurrency landscape has recently been beset by a significant downturn. Over the last week, the market capitalization has plunged nearly $200 billion, with Bitcoin’s price falling sharply to around $93,000. This fluctuation has resulted in extensive liquidations of over-leveraged positions, exacerbating the downward spiral felt across the majority of altcoins. Such events not only
The cryptocurrency market is an ever-evolving and unpredictable landscape, but certain structures and patterns in price movements can provide traders with valuable insights. Recently, analysts have pointed to historical trends in Bitcoin’s price trajectory that suggest a potential bullish phase may be on the horizon. Crypto analyst Master Kenobi has emerged as a prominent voice
The cryptocurrency market is characterized by its singular volatility, with significant price swings often leaving investors in a state of uncertainty. This week’s analysis of Ethereum, Ripple, Cardano, Binance Coin, and Solana reveals key insights into their performance and offers a glimpse into potential future movements. Each asset’s trajectory reflects not only individual dynamics but
Ethereum (ETH), one of the foremost cryptocurrencies, has recently encountered a significant correction, dipping over 10% from its peak at the start of the New Year. This decline has brought the price below the critical support level of $3,300. Market conditions are ever-shifting, and the recent pullback has tested investors’ confidence. As the second-largest cryptocurrency
Bitcoin, the flagship cryptocurrency, has witnessed intensified scrutiny and analysis as it integrates further into traditional financial systems. Many in the crypto community are on edge, speculating about the emergence of a strategic reserve related to Bitcoin by the United States, which could lead to a dramatic supply shock. This notion leans heavily on historical
