The current state of Bitcoin’s market position may seem bleak, as it struggles to break above key resistance levels. However, a recent analysis by cryptocurrency analyst Kaleo suggests that Bitcoin is actually in a healthy position. This analysis compared Bitcoin’s performance since the recent halving cycle to its performance after the previous halving in 2020.
The Commodity Futures Trading Commission (CFTC) has recently taken action to address the growing prevalence of crypto scams referred to as “pig butchering.” These scams have resulted in significant financial losses for victims, highlighting the need for increased awareness and education in the cryptocurrency space. The CFTC has partnered with various federal and private organizations
Back in May 2019, the Federal Reserve made its first rate cut, lowering rates from 2.42% to 2.39%. At the time, the public debt was at $22 trillion, and Cardano experienced a sharp decline. Fast forward to today, the debt has soared to nearly $35 trillion and interest rates are now at 5.33%, more than
Bitcoin (BTC) is finally making a comeback, with recent price spikes signaling a potential start of the long-awaited market bull run. As the cryptocurrency retests the $57,000 level, this renewed momentum could ignite a positive price rally, potentially driving more gains for Bitcoin. On Tuesday, September 10, Santiment, a market intelligence platform, disclosed a new
The price of Ethereum (ETH) has been trading sideways alongside Bitcoin (BTC) in recent times. A renowned crypto analyst, Benjamin Cowen, has delved into Ethereum’s price movements and made some interesting predictions regarding its future. Cowen has suggested that the pioneer altcoin might reach a bottom in the next three months. Cowen has pointed out
The cryptocurrency market is currently experiencing a period of recovery, with Ethereum (ETH) making significant gains in the past 24 hours. After a steep decline last Friday, with ETH’s price dropping to $2,154, the digital asset is now steadily approaching the $2,400 mark. This upward trend has sparked optimism among investors, who are closely monitoring
The Law Commission of the United Kingdom (UK) Parliament has recently introduced the Property (Digital Assets, etc.) Bill in an effort to legally recognize digital holdings. This proposed legislation aims to categorize crypto, non-fungible tokens (NFTs), and carbon credits as personal property under British law. This significant development marks a historic moment in British legal
The airdrop for the highly anticipated Rocky Rabbit Telegram game is set to take place on September 23, 2024, on The Open Network (TON). This event aims to distribute tokens to a select group of players who have shown loyalty to the game, particularly those who have engaged with the game’s mechanics and referral system.
Recently, Jameson Lopp, co-founder of CasaHODL, raised a red flag about a new phishing scam that is specifically targeting users of the popular cryptocurrency exchange, Gemini. The scheme involves a fake data breach notice that tricks users into transferring their funds to malicious actors under false pretenses. Lopp’s warning sheds light on the deceptive tactics
Zurich Cantonal Bank, one of the leading Swiss financial institutions, recently made waves in the crypto world by launching Bitcoin (BTC) and Ethereum (ETH) trading services on September 4, 2024. This move signifies a significant step towards integrating digital assets into traditional banking services. With total assets under management amounting to $235 billion, Zurich Cantonal
