The Ethereum price has been closing mirroring the performance of Bitcoin recently and since the Bitcoin price has been on a downtrend, the ETH price has followed. However, Ethereum on its own seems to possess more bearish fundamentals compared to Bitcoin, leading crypto analysts to believe that the second-largest cryptocurrency by market cap will fall […]
Canada has imposed a fine against Binance – the world’s largest crypto exchange – for running afoul of the nation’s anti-money laundering rules last year. Per a public notice published on Thursday, the federal government said Binance didn’t comply with rules and registrations related to operating as a foreign money services business (FMSB). Binance Fined […]
Ki Young Ju, CEO of cryptocurrency analysis firm CryptoQuant, has given an ultra-bullish prediction for Bitcoin. The crypto founder alluded to certain factors that could spark the flagship crypto’s rise to such heights. Bitcoin Could Rise To As High As $265,000 Young Ju mentioned in an X (formerly Twitter) post that “Bitcoin’s network fundamentals could […]
MarketVector, a subsidiary of the renowned American asset management giant VanEck, has launched the MEMECOIN Index. It has shown impressive performance, surging 195% in the past year and 137% since the start of 2024. This index aims to track the performance of six popular meme coins, such as DOGE, SHIB, and others. VanEck’s MEMECOIN Index […]
The Bitcoin network’s mining difficulty has experienced its largest negative adjustment since December 2022, when the bear market was in full gear. According to data from the real-time Bitcoin dashboard Bitbo, the mining difficulty fell 5.7% to 83.1 trillion on Thursday at block height 842,688. Bitcoin Mining Difficulty Negatively Adjusts Bitcoin’s mining difficulty measures how […]
Monero is experiencing a significant uptick in discussions across social media following the announcement of LocalMonero’s closure, according to Santiment data. This surge in attention on Monero (XMR) coincides with ongoing government efforts to regulate privacy-focused assets. LocalMonero Shuts Down LocalMonero, a peer-to-peer (P2P) exchange based on Monero (XRP), announced its closure via a blog […]
Europe’s securities regulator is seeking input from stakeholders on the potential inclusion of crypto assets in a potentially massive market. The European Securities and Markets Authority (ESMA), the regulatory authority responsible for overseeing financial markets within the European Union, has recently initiated a comprehensive review of the regulations surrounding the Undertakings for Collective Investment in […]
TL;DR XRP’s price has shown moderate fluctuations, currently at $0.51. Analyst predictions suggest a potential rally if it breaks the $0.57 mark, with significant growth expected upon surpassing a major resistance at $0.67. The ongoing Ripple v. SEC lawsuit remains a pivotal factor for the asset’s valuation, with many industry participants expecting a decisive victory […]
SHIB managed to stop the downtrend this week. The SHIB price has been increasing throughout the seven days, so let’s have a quick look at a few reasons why and what may rest ahead. Key Support levels: $0.000022 Key Resistance levels: $0.000025 1. SHIB Holds Under Key Resistance Despite an assault from sellers, SHIB continues […]
Bitcoin whales have begun to make substantial BTC purchasing moves, signaling market participants’ entrance into a re-accumulation phase. According to a tweet by blockchain analytics platform Santiment, large investors holding 1,000 to 10,000 BTC collectively accumulated more than $941 million worth of the asset in the past 24 hours. Bitcoin Whales Accumulate BTC The amount […]