Bitcoin, the world’s most popular cryptocurrency, recently experienced an unanticipated decline from the $29K mark. This downward movement led to a substantial breakdown of the pivotal 100-day and 200-day moving averages. The bearish trend sparked concerns among investors and traders about how low BTC can go. One significant factor that contributed to Bitcoin’s temporary rebound
Bitboy Crypto’s founder, Ben Armstrong, recently released an emotional apology video following his departure from the company. In the video, Armstrong addresses the mistakes he made that led to his ouster, including his use of diet pills and steroids and an affair with an unnamed person. Accompanied by his wife, Bethany, Armstrong expresses his commitment
The recent Bitcoin rally, fueled by Grayscale’s victory against the US SEC, appears to be losing steam. Analysts have observed a concerning trend in the total supply of stablecoins, indicating that this rally may not be sustainable. In this article, we will delve into the relationship between stablecoin supply and Bitcoin’s performance, highlighting the potential
In an era of market unpredictability, traders and investors are constantly seeking better tools to make informed decisions. Enter yPredict, a groundbreaking project that aims to combine traditional statistical models with advanced artificial intelligence (AI) technologies. With an initial funding of $3.69 million for its native token, $YPRED, yPredict is set to revolutionize the way
Ethereum staking services have recently reached a consensus, agreeing upon a maximum limit of 22% on all validators. This move is a significant step towards ensuring fair markets within the Ethereum network. By imposing a self-limit rule, at least five Ethereum liquid staking providers, including Rocket Pool, StakeWise, Stader Labs, and Diva Staking, are committed
Worldcoin, a digital identity project, has gained significant popularity in Argentina, with 9,500 Argentinians verifying their World ID on the platform within a day. The project’s success can be attributed to Argentina’s crypto-forward attitude and the unstable state of its economy. However, Worldcoin currently faces regulatory investigations in various jurisdictions, raising concerns about its data
Grayscale’s recent legal triumph against the United States Securities and Exchange Commission (SEC) has ignited a surge in the cryptocurrency market. The landmark court victory has not only propelled Bitcoin’s price to reach $28,000 for the first time since mid-August but has also triggered an uptick in trading volumes across various cryptocurrencies. Santiment, a leading
Ripple’s token price is currently facing significant bearish signs, struggling to recover above $0.540 and $0.550 against the US dollar. The price is now trading below $0.550, and there is a major bearish trend line forming with resistance near $0.540 on the 4-hour chart of the XRP/USD pair. Moreover, if the price breaks below $0.500,
Pepe (PEPE), one of the biggest new memecoins of 2023, recently suffered a partial rug pull when its anonymous developers abruptly sold almost $16 million worth of the token on August 24. This unexpected move caused the price of Pepe to plummet by as much as 26%, leaving crypto investors and memecoin enthusiasts perplexed about
A recent dismissal order by a United States District Court judge has sparked discussions about the legal classification of Ether (ETH). The judge, Katherine Polk Failla, referred to ETH as a commodity while dismissing a class action lawsuit against the decentralized exchange Uniswap. This decision raises important questions about the regulatory framework surrounding cryptocurrencies. Evaluating
