The crypto market has been experiencing a prolonged winter, causing altcoin investors to lose faith. According to Michaël van de Poppe, CEO and founder of MN Trading, altcoin markets have been in a bear market for over two years, making it the longest existing bear market for cryptocurrencies. This downward trend in the altcoin market
Leading cryptocurrency exchange, Coinbase, is not backing down in the face of the ongoing lawsuit filed by the Securities and Exchange Commission (SEC). In a recent shareholder letter, Coinbase revealed its intention to file a motion to dismiss the entire case. This bold move is part of a larger strategy as the exchange navigates the
In the ever-evolving world of decentralized finance (DeFi), uncertainties often arise, leaving protocols to navigate uncharted waters. Amidst this climate of uncertainty, Aave Chan founder Marc Zeller has put forth a controversial proposal for the Aave Treasury to purchase $2 million worth of Curve DAO Tokens (CRV) from Curve Founder Michael Egorov. This move has
MicroStrategy, co-founded by former CEO Michael Saylor, has gained significant attention as one of the largest holders of Bitcoin. In a recent discussion with Bloomberg, Saylor emphasized that potential approvals of Spot Bitcoin ETFs by the SEC would not impact his company’s “Bitcoin Strategy.” This article critically examines MicroStrategy’s unique approach to Bitcoin and its
The Australian Securities and Investments Commission (ASIC) has recently filed a lawsuit against the online trading platform eToro, accusing it of violating financial regulations related to cryptocurrency derivative products. This alleged violation has reportedly led to two-thirds of Contract For Difference (CFD) traders losing their funds. The ASIC Deputy Chair, Sarah Court, expressed disappointment over
The cryptocurrency market is abuzz with anticipation as the highly anticipated Shibarium launch draws near. Shiba Inu, originally a meme-based cryptocurrency, has now established its position in the market. Recent data from IntoTheBlock reveals significant activity among Shiba Inu’s whales, who have moved billions of SHIB tokens in the past 24 hours. This surge in
Bitcoin price is facing significant resistance as it struggles to break above the $30,000 level. The leading cryptocurrency started a fresh decline after failing to clear the resistance zone, and it is currently trading below key support levels. BTC attempted to surpass the $30,000 resistance zone but faced selling pressure, resulting in a fresh decline.
In the world of digital currency, crypto signals serve as road signs for investors, guiding them on when to buy or sell cryptocurrencies. However, not all platforms offering these signals are reliable, leading to significant financial losses for unsuspecting traders. For those seeking secure and informed decisions in cryptocurrency trading, a trustworthy platform that provides
GameStop, the renowned American gaming merchandise retailer, has recently announced its decision to remove its cryptocurrency wallets from the market starting from November 1, 2023. This move comes after the company had introduced these features in the spring of the previous year, allowing users to manage digital assets and non-fungible tokens (NFTs). In an official
Coinbase is set to integrate the Bitcoin Lightning Network (LN) into its platform, according to the exchange’s CEO, Brian Armstrong. This move comes as part of Coinbase’s efforts to drive cryptocurrency payments worldwide. By implementing LN, Coinbase aims to improve the user experience, solve scalability issues, and potentially increase the adoption of Bitcoin. The LN
