Bitcoin’s price has recently found support around the significant $60K price level, initiating a period of sideways consolidation correction. Buyers are aiming to reclaim the $73K threshold in the mid-term, propelling the price towards a new all-time high. A detailed analysis of the daily chart indicates that Bitcoin’s price has entered a mid-term corrective phase
Crypto
The long-standing legal battle between Ripple and the US Securities and Exchange Commission (SEC) is approaching its trial phase, scheduled for April 23. This legal dispute, which has spanned over three years, has captured the attention of the cryptocurrency community and the broader financial industry. Recently, both Ripple and the SEC demonstrated a collaborative effort
In a recent legal proceeding, U.S. District Judge Robert Shelby imposed sanctions on the Securities and Exchange Commission (SEC) for its misconduct in a case against Utah-based cryptocurrency firm DEBT Box. The judge accused the SEC of a “gross abuse of power” in handling the case, citing misrepresentation of key facts to obtain a temporary
Bitcoin’s price movements over the weekend have been somewhat underwhelming, with the asset calming at just over $64,000 after a period of volatility the previous week. The altcoins, on the other hand, are also showing less volatility, with a few exceptions like Dogecoin, which has surged by around 7%. The previous business week started on
In a recent incident in Hong Kong, a 46-year-old housewife found herself in a devastating situation after investing in a fraudulent crypto investment platform. The woman reported losses of 7.1 million Hong Kong dollars, highlighting the risks associated with the rapidly growing cryptocurrency market. The victim was contacted by fraudsters through Instagram and lured into
Coinbase, the derivatives arm of the largest American cryptocurrency exchange, has announced its intention to launch futures trading contracts for Dogecoin (DOGE), Litecoin (LTC), and Bitcoin Cash (BCH) by April 1, 2024. The move comes as part of the company’s strategy to expand its offerings and provide more options for traders in the cryptocurrency market.
The United Nations (UN) Security Council recently released a report revealing that North Korea earns a significant portion of its foreign exchange earnings through cyberattacks. These cybercriminal activities are primarily targeted at compromising digital wallet private keys and seed phrases to gain access to victims’ assets. In 2023 alone, hackers associated with North Korea managed
In response to soaring inflation and economic uncertainty, Argentinians are increasingly turning to Bitcoin as a safe haven for their wealth. Recent data reveals a significant surge in Bitcoin purchases in the country, with the number of weekly transactions hitting 34,700 in the first week of March. This represents a more than twofold increase from
Decentralized finance in the XRP ecosystem has taken a significant step forward with the implementation of automated market maker functionality. The XRP Ledger (XRPL) has embraced this new feature, allowing for the creation of AMM liquidity pools in a matter of minutes. This development opens the door for a more efficient and liquid market for
The meme coin sector has seen a surge in popularity recently, with various assets experiencing significant price increases and attracting the attention of investors. These assets have not only performed well in terms of price, but they have also become the focus of intense discussions on social media platforms. Top Performers in the Meme Coin
