The recent performance of Ethereum has been closely tied to that of Bitcoin, with both cryptocurrencies experiencing a downward trend in their prices. However, upon closer inspection, it becomes apparent that Ethereum may be facing more bearish fundamentals compared to Bitcoin. This has led some crypto analysts to predict a further decline in the price
The European Securities and Markets Authority (ESMA) has recently launched a review of the rules governing crypto asset investments by UCITS (Undertakings for Collective Investment in Transferable Securities) in response to the European Commission’s call to keep up with market developments. This review aims to address the challenges and opportunities presented by the growing crypto
The cryptocurrency market is constantly evolving and introducing new and innovative investment opportunities. One of the most exciting developments in recent times is the surge of meme coins, which are gaining popularity among both retail and institutional investors. In this article, we will take a deep dive into two prominent meme coins – Apple and
Guild of Guardians, in collaboration with Guardians Guild Limited, has announced an upcoming global launch event titled “Age of the Dread.” This event is set to introduce new gameplay elements and offer enticing rewards to players. Running from May 15 to June 9, “Age of Dread” boasts a generous prize pool of up to US$1
Monero has seen a surge in discussions on social media platforms following the news of LocalMonero’s closure. Santiment data indicates a significant uptick in interest in Monero (XMR) as a result of this announcement. The closure of LocalMonero, a peer-to-peer exchange based on Monero (XRP), has generated a mix of internal and external factors as
Recently, The Wall Street Journal published a troubling report accusing Binance, the world’s largest cryptocurrency exchange, of firing its head of market surveillance after he flagged concerns about potential market manipulation by a high-profile client. According to sources within Binance, the surveillance team had uncovered suspicious trading activity by DWF Labs, a firm operated by
The dynamics of Bitcoin price movements are heavily influenced by the actions of major whale investors in the crypto market. Recent on-chain data provided by IntoTheBlock suggests a noticeable decline in whale accumulation volumes during each buying cycle over the past month. This trend raises concerns about the conviction of these whales, especially as the
The Relative Strength Index (RSI) is a technical analysis indicator that measures the speed and change of price movements in a particular asset. It is commonly used to determine whether an asset is overbought or oversold. The RSI scale ranges from 0 to 100, with values above 70 indicating overbought conditions and values below 30
Recently, US lawmakers have proposed a new bill that could have a significant impact on the world of cryptocurrency transactions. The bill, known as the Blockchain Integrity Act, aims to temporarily prevent financial institutions from engaging in transactions involving funds that have been through crypto mixers. The proposed legislation seeks to impose a two-year moratorium
Benjamin Cowen, the founder and CEO of Into The Cryptoverse, has recently shared his views on the current downtrend observed in the Ethereum/Bitcoin (ETH/BTC) pair. He warns the crypto community about a potential downward movement, citing the pair’s rejection by the bull market support band and a history of steep declines. Cowen notes that the
