The cryptocurrency market has been through significant challenges in 2023, such as regulatory hurdles and reputation concerns. However, Bitfinex, a prominent cryptocurrency exchange, remains optimistic about the future growth and resilience of Bitcoin and other crypto assets. In their year-end Alpha report, Bitfinex predicts that the total market capitalization, which currently stands at approximately $1.6
Bitcoin price recently faced significant resistance near the $44,000 zone, signaling potential downside risks. This article examines the current price movement and key levels to watch, including support and resistance levels that could determine Bitcoin’s future direction. After attempting to break above the $43,200 level, BTC struggled to surpass the crucial resistance zone of $44,000.
Blockchain gaming has gained significant popularity and shows no signs of slowing down. One of the key trends shaping this exciting landscape is the emergence of the Play-to-Earn model, which challenges the traditional Pay-to-Play approach. With the Play-to-Earn model, players have the opportunity to earn money while playing games, providing them with a new source
In a bold and controversial move, U.S. Congressman Warren Davidson, supported by House Majority Whip Tom Emmer, has called for the firing of SEC Chair Gary Gensler in 2024. This decision comes as a response to alleged corruption and abuses of power within the Securities and Exchange Commission (SEC). Throughout 2023, tensions between the SEC
China has ramped up its efforts to regulate the use of cryptocurrencies in illegal foreign exchange (forex) trading, specifically targeting the misuse of stablecoins like Tether (USDT). The initiative is part of the country’s broader strategy to combat financial fraud and maintain stability in its forex market. Recent cases of using USDT as a medium
Worldcoin, a project centered around identity verification, has recently launched its services in Singapore. This move comes after the release of World ID 2.0 and the open-sourcing of the Worldcoin iris recognition pipeline. In addition to the expansion in Singapore, Worldcoin has been steadily growing its verification locations across various countries. In Singapore, individuals can
Coinbase International Exchange recently announced a significant change in its leverage limits for perpetual future contracts. The platform emphasized the benefits of these changes, but it is crucial for traders to understand the risks associated with leverage trading. This article explores the new limits and their potential impact on investors. New Leverage Limits Coinbase International
In recent weeks, a wallet associated with former U.S. President Donald Trump has made headlines by transferring over $2.4 million worth of ether (ETH) to the popular cryptocurrency exchange Coinbase. This significant movement of funds has caught the attention of on-chain firm Arkham Intelligence, which previously identified digital assets linked to Trump based on financial
The emergence of artificial intelligence (AI) is revolutionizing various industries worldwide, offering automation and efficiency in sectors ranging from manufacturing to medicine. Now, the realm of crypto trading and investing is also experiencing the significant impact of AI. One cutting-edge project at the forefront is yPredict, a platform driven by AI and machine learning that
Ethereum, the popular blockchain platform, has been facing significant challenges due to its goal of achieving decentralization and involving regular users in staking. The co-founder of Ethereum, Vitalik Buterin, has recently proposed measures to reduce the burden on the Ethereum blockchain and simplify its proof-of-stake (PoS) consensus. This article explores Buterin’s proposal and its potential
