LUNA, the native token of the Terra 2.0 blockchain, has experienced a surge in price in the past week, coinciding with Bitcoin’s impressive rally towards the $35,000 mark. This sudden uptick in value has provided relief for investors who had been enduring the bearish performance of the token in previous weeks. The current bullish trend
Bitcoin
After a remarkable rally of more than 170% from its lows in June 2023, Maker (MKR) is showing signs of losing momentum. Recent price action combined with decisions made by influential whales via an intermediary have raised concerns among investors. Despite currently trading near its 2023 highs, MKR has dropped by 16% from its October
The long-standing legal battle between the US Securities and Exchange Commission (SEC) and Ripple Labs seems to be finally approaching a resolution. After the recent dismissal of the SEC’s claims against Ripple’s CEO Brad Garlinghouse and its co-founder Chris Larsen, it is expected that both parties will proceed to finalize a settlement. However, there are
Loopring, a layer-2 decentralized exchange (DEX) built on Ethereum’s zk-Rollups technology, is undergoing a significant expansion. The platform recently announced that it will be expanding its core pillars from three to four, as well as introducing new functionalities. This move aims to enhance the user experience and attract a more diverse user base. In this
Bitcoin, the leading cryptocurrency, is facing a crucial moment as Arthur Hayes, the former CEO of BitMEX, shares his viewpoint on the potential impact of geopolitical tensions and economic uncertainties on its trajectory. In his recent blog post titled “The Periphery,” Hayes sheds light on the ripple effects that escalating global conflicts can have on
Bitcoin investors were met with excitement as the price of the leading cryptocurrency surged by over 15%, nearing the critical resistance level of $35,000. However, analysts are cautioning that a short-term correction may be in the cards before Bitcoin resumes its upward trajectory. Bitcoin’s significant increase can be attributed to speculation surrounding the listing of
The demand for cryptocurrencies, particularly Bitcoin, is rapidly increasing, with notable interest coming from family offices. Paul Brody, the Global Blockchain Leader at Ernst & Young (EY), shed light on this trend during a recent CNBC interview. While family offices eagerly diversify their portfolios with cryptocurrencies, institutional investors exercise caution, awaiting regulatory clarity. This article
The Shiba Inu ecosystem has rapidly emerged as one of the most dynamic and thriving communities within the cryptocurrency industry. With a plethora of tokens and frequent updates, it is undeniable that the Shiba Inu project has made significant strides. However, despite its impressive growth, the journey for Shiba Inu is far from over. Recently,
Over the past week, Bitcoin has seen a remarkable surge of 10.50%, driven by a series of significant gains. One particular event that contributed to this surge was the spread of fake news regarding the approval of the BlackRock iShares Bitcoin Spot ETF. As a result, the largest cryptocurrency experienced a 7% price increase on
The anticipation of a spot Bitcoin Exchange Traded Fund (ETF) approval by the US Securities and Exchange Commission (SEC) has generated significant speculation about the potential impact on the price of Bitcoin. The crypto financial services platform, Matrixport, has conducted a thorough analysis and predicted that the approval of a spot Bitcoin ETF could push
