A crypto analyst, known as ‘DonAlt,’ recently made a bold prediction on social media platforms, stating that Bitcoin would reach a staggering price of $100,000 in the near future. This optimistic outlook is based on the increasing interest in Spot Bitcoin ETFs and various forecasts indicating a potential bull run for the cryptocurrency market. DonAlt’s
In the past month, Bitcoin has experienced a significant price dip of around 15%, causing it to drop below $54,000 for the first time since February. However, the asset has since recovered some of its losses and is currently trading at approximately $58,800. Despite this correction, many analysts and industry participants remain optimistic about the
In the world of cryptocurrency, Ethereum (ETH) is currently dominating the market trends. This can be attributed to the recent filing of updated S-1 forms for spot ETH ETFs by major financial firms such as BlackRock, Fidelity, VanEck, and more. This development has sparked a lot of interest in Ethereum, with potential trading starting as
Artur Schaback, co-founder and former CTO of Paxful, recently pleaded guilty to conspiracy for failing to establish, develop, implement, and maintain a compliant AML program as required by the Bank Secrecy Act. This failure to collect necessary KYC information of customers who opened accounts to trade on Paxful from July 2015 to June 2019 has
The recent weekend saw a significant drop in the price of Bitcoin, falling below the $60,000 mark. This drop was mainly attributed to rapid selling by major holders such as the German and US governments. The market saw billions of dollars in losses, marking one of the largest drops in the last two years. Despite
Shatterline, a popular arena shooter game, has been making waves in the gaming community with its dynamic gameplay and competitive modes. With the upcoming launch on the Epic Games Store, Shatterline is set to reach a wider audience and offer an even more immersive experience for players. The integration of HV-MTL technology into the game
Bitwise Chief Compliance Officer (CCO) Katherine Dowling recently shared insights regarding the progress of spot Ethereum ETFs, stating that they are nearing the final stages of approval. She mentioned that discussions with the Securities and Exchange Commission (SEC) have been positive and that the agency is receptive to conversations about new financial products. During an
Paxful Inc. co-founder and former CTO Artur Schaback recently made headlines by pleading guilty to conspiracy charges related to the failure to maintain an effective anti-money laundering (AML) program. The Department of Justice revealed that Schaback’s negligence transformed Paxful into a hotspot for various criminal activities, including money laundering, fraud, and extortion schemes. This not
The recent drop in Bitcoin price by more than -22% since March has caught the attention of Jacob Canfield, a trading mentor at Trading Mastery. Canfield’s analysis focuses on historical patterns observed in Bitcoin’s pricing trends, suggesting a potential further decline in the Bitcoin price. According to Canfield, Bitcoin has a tendency to retest yearly
The MetaMask Delegation Toolkit, developed by Ethereum firm ConsenSys, is revolutionizing the way users onboard to Web3 applications. Traditionally, users have had to navigate through browser extension wallets, mobile apps, and seed phrases to access decentralized applications (dapps). However, with the Delegation Toolkit, these hurdles are eliminated, allowing for instant user onboarding without the cumbersome
The Republican Party has announced the inclusion of Bitcoin and other cryptocurrencies in their official platform for the 2024 election, signaling a significant shift within the party towards embracing digital assets and blockchain technology. This move aligns with former President Trump’s recent statements in support of cryptocurrencies and reflects a broader trend towards recognizing the
Sovereign Nature Initiative (SNI) has recently announced a groundbreaking partnership with Unique Network and WalletConnect on the Polkadot blockchain. This collaboration, known as DOTphin, is set to launch at the highly anticipated Polkadot Decoded 2024 event. This initiative has garnered significant support from the Polkadot community through Polkadot OpenGov, showcasing a strong commitment to leveraging
In the world of cryptocurrencies, the regulatory landscape is constantly evolving. The introduction of Europe’s Markets in Crypto-Assets Regulation (MiCA) on June 30 has significantly impacted the market dynamics. With the new regulation in place, there has been a noticeable trend towards compliant stablecoins, such as Circle’s USDC, as market participants seek transparency and regulatory
In recent days, Bitcoin has experienced a significant drop in price, reaching its lowest level since February. However, analysts at Bitfinex believe that there are on-chain signs indicating that the leading cryptocurrency may be approaching a potential local bottom. Despite the recent market volatility, data from July 6 and 7 suggest that Bitcoin’s correction may