Over the past month, Ethereum has shown signs of recovery in a generally bearish crypto market, closely following the modest uptrend of Bitcoin. While Ethereum’s price has seen a slight increase of 0.2% in the last 24 hours, there is a parallel trend brewing beneath the surface that could have a significant impact on Ethereum’s
Despite Cardano experiencing a recovery from its April lows and maintaining momentum above $0.45, there are mixed sentiments about its future trajectory. A crypto analyst known as ‘More Crypto Online’ has predicted that the altcoin is poised for more decline. According to the analyst, Cardano is currently in its 3-wave corrective rally based on the
The recent crackdown on crypto firms by the Securities and Exchange Commission (SEC) has stirred up discussions within the industry. Bitwise Investments CIO Matt Hougan shed light on how the regulatory landscape could inadvertently be benefiting US crypto exchange Coinbase. In a recent social media post, Hougan pointed out that the current regulatory environment might
Robinhood’s cryptocurrency division recently found itself in hot water after receiving a Wells Notice from the US Securities and Exchange Commission (SEC) on May 4th. The Commission’s staff, under the leadership of Gary Gensler, had been conducting an investigation into Robinhood’s cryptocurrency listings, custody practices, and platform operations. This ultimately led to a recommendation for
Robinhood Markets Inc. has joined the ranks of crypto trading platforms facing potential legal action from the Securities and Exchange Commission (SEC). The company disclosed in a Form 8-K that it had received a Wells Notice from the SEC on May 4. The notice indicated that the SEC staff had made a preliminary determination to
Cryptocurrency analyst and trader Rekt Capital recently shared an interesting insight about Bitcoin’s price trend. He pointed out that the current movement of Bitcoin is reminiscent of a price action from eight years ago, during a previous bull cycle. The implication is that Bitcoin might be gearing up for substantial growth in the coming months,
Friend.tech’s $FRIEND token, which saw a drastic 50% crash on its debut last Friday due to profit-taking by a significant investor, experienced another setback of 4.3% within the last hour. This sudden drop has left the token valued at $2.69, making it 6.3% less valuable compared to its price just a day ago. The turbulent
In the ever-evolving landscape of digital commerce, one emerging trend that has captured the attention of both consumers and businesses alike is metaverse commerce. This concept revolves around the selling of physical goods through virtual platforms, creating a unique and immersive shopping experience for users. Walmart, one of the major retail giants globally, recently made
Elliptic, a blockchain analytics company, recently announced a groundbreaking achievement in utilizing artificial intelligence (AI) to detect money laundering in Bitcoin. This research, conducted in collaboration with researchers from the MIT-IBM Watson AI Lab, has brought about significant advancements in the fight against illicit financial activities in the cryptocurrency space. The findings of Elliptic’s research
The resurgence of meme coins in the cryptocurrency market has sparked debates and concerns among industry experts. Chris Dixon, a general partner at Andreessen Horowitz (a16z), recently raised questions about the US regulatory system and its treatment of meme coins compared to other blockchain projects. He highlighted the fact that meme coins, which are primarily
Recently, analyst Ali Martinez shared insights on Cardano (ADA) through a detailed price analysis that suggests the crypto might be gearing up for a parabolic run. Despite the lackluster price action observed, Martinez highlighted the signs of a potential comeback in ADA’s current price formation. The correction path ADA has been on since mid-March, when
Charles Hoskinson recently sparked speculation about a potential partnership between Cardano and Bitcoin Cash. Through a poll he conducted, Hoskinson raised the idea of leveraging technologies like proof of useful work (PoUW), non-interactive proofs of proof-of-work (NIPoPoW), and Ergo technology to enhance the performance of Bitcoin Cash. The poll received significant engagement, with over 11,800
A recent class-action lawsuit has been filed against Coinbase Global, along with its subsidiaries Coinbase, Inc. and Coinbase Asset Management, LLC, as well as its CEO, Brian Armstrong. The lawsuit, initiated by six customers, makes the bold claim that the digital assets listed on Coinbase are actually securities. Among the tokens listed are Solana (SOL),
Bitcoin has recently displayed remarkable resilience in the market, bouncing back above the $60,000 price zone after experiencing a significant decline below $57,000. This upward momentum has reignited the interest of Bitcoin bulls, who are poised to potentially kickstart a crypto bull run. Market expert Peter Brandt, in celebration of his 50th anniversary in future