In the fast-paced financial world, it is crucial to keep a finger on the pulse of market trends and economic changes. One of the latest developments in the industry is the partnership between Wirex and Visa, which aims to revolutionize digital transaction processing. Wirex is known for its cutting-edge Web3 money app, while Visa has
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Bitcoin has made a significant move, reaching the $63,000 level early on Monday, July 15th. This surge to a two-week high has led some analysts to believe that the downtrend has been broken. On-chain analytics platform CryptoQuant has pointed out that this recent increase has been primarily driven by “U.S. whales” as institutional Bitcoin purchases
South Korean lawmakers have recently put forward a bill that suggests postponing the implementation of crypto gain tax until 2028. This proposal, brought forth by the ruling political party on July 12, comes as a response to the current negative sentiments surrounding the crypto industry. The lawmakers have expressed concerns about the diminishing investment sentiment
In a recent incident on the Blur Marketplace, an investor fell victim to a phishing scam resulting in a loss of $240,000 worth of NFTs. This wasn’t just any ordinary phishing scam – it was a well-planned attack that exploited a loophole in Blur’s listing system. The scammer manipulated the sales process by engaging in
Recently, XRP has seen a significant surge in its price, outperforming other major cryptocurrencies in the market. The overall cryptocurrency sector has experienced a rally with a global market capitalization exceeding $2.4 trillion, according to data from CoinGecko. Notable digital assets like Bitcoin, Ethereum, and Solana have all shown positive performance on a weekly scale.
Metaplanet, an investment firm based in Japan, recently made a bold move by purchasing 42.4 Bitcoin for ¥400 million ($2.4 million). This strategic acquisition aims to enhance the company’s long-term financial strategy by adding Bitcoin to its holdings as a “strategic treasury reserve asset.” With the current value of Bitcoin at $57,652 and struggling to
Greetings Verse Community, The Verse brand will be 2 years old in December 2024. Our brand welcomes visitors from 192 regions around the world each month, and is highly visible by users in the self-custodial . We are fortunate to be able to draw in users with our strong brand and highly visible domain. Many of
Guild of Guardians has introduced a new and exciting feature called Idol Sacrifice, which allows players to unlock rare and powerful guardians through a challenging yet rewarding method. This article will delve into the mechanics of Idol Sacrifice and provide tips on how to maximize your power in the game. Idol Sacrifice is a game-changing
The 2024 presidential election has brought to light the increasing relevance of Bitcoin and other cryptocurrencies among voters, particularly among Republican supporters. A recent poll funded by crypto-focused investment firm Paradigm revealed that a significant percentage of Republicans who were originally undecided about supporting Donald Trump have shifted their views in light of his pro-crypto
As the United States gears up for the upcoming elections in November, the role of crypto voters has come into the spotlight. The crypto exchange Coinbase has conducted a survey revealing that 52 million Americans own cryptocurrencies, with a significant number residing in key battleground states. These states, such as Arizona, Florida, Michigan, and Georgia,
Bitcoin (BTC) is currently facing a crucial moment that could dictate whether its price will stabilize or continue to drop. According to CryptoQuant’s weekly report, the lack of growth in stablecoin liquidity may delay any potential rally in BTC’s price. Historically, an increase in liquidity through Tether (USDT) minting has often led to price surges.
In a recent analysis of the Bitcoin price, crypto analyst Ali Martinez pointed out the formation of an ascending triangle pattern on the four-hour price chart. This particular chart pattern consists of a horizontal line along swing highs and a rising trendline along swing lows. While ascending triangles are typically seen as continuation patterns where
Semilore Faleti is a notable figure in the world of cryptocurrency journalism, with a specialization in journalism and content creation. His journey in this field started with writing on various subjects but eventually led him to the complexities of blockchains and cryptocurrency. Faleti is passionate about the efficiency of digital assets in terms of storing
In the wake of the recent assassination attempt on former President Donald Trump, several cryptocurrency tokens related to him have experienced a surge in value. Despite the attempt on his life, Trump survived and was quickly released from the hospital, causing a significant spike in the prices of these tokens. The cryptocurrency space is no
In a recent analysis by Jamie Coutts, the chief crypto analyst at Real Vision, a bullish picture for Bitcoin (BTC) has been painted based on a key indicator. Coutts highlighted that Bitcoin’s hash rate decline is slowing, indicating a potential reversal in the near future. This slowing decline typically precedes a bottom and reversal of
Cardano (ADA) has seen a remarkable 20.29% price increase over the past week, aligning with the current positive trend seen across most cryptocurrencies. The surge in ADA’s price can largely be attributed to a significant rise in on-chain transactions, driving up trading volume. This increased activity has positioned ADA as one of the top-performing cryptocurrencies
In the past seven days, Bitcoin’s price has been fluctuating between $54,000 and $60,000, showcasing a significant level of volatility. This has sparked predictions from various analysts regarding a potential surge to $90,000-$100,000 in the near future. The current trading price hovers around $58,000, according to data from Coingecko. Crypto Rover, a prominent figure with
Over the past few years, stablecoins have seen a rise in demand and market share, challenging the dominance of Tether’s USDT. Recent data from Kaiko indicates a decline in USDT market share on centralized exchanges, dropping from 82% to 74% in 2024. This shift can be attributed to the emergence of competitors like FDUSD and
The recent Bitcoin price crash back to the $56,000 level has sparked concerns among investors and traders alike. Despite a brief pump triggered by the CPI data release, showing lower-than-expected inflation rates, the bearish trend seems to persist. Crypto analyst ‘Luca VIP’ on TradingView remains skeptical and predicts a further decline in the Bitcoin price.
During a hearing on July 11, Judge Katherine Polk Failla raised concerns about Coinbase’s attempts to subpoena SEC Chair Gary Gensler in the context of the ongoing SEC case against the cryptocurrency exchange. She expressed doubts about the necessity of acquiring Gensler’s communications, especially those made before he assumed the role of SEC Chair in
Germany’s on-chain Bitcoin wallet balance has officially reached zero, signaling the potential end of sell pressure from the European economic powerhouse. This news comes from Arkham Intelligence, who reported that the government’s wallet had just 4925 BTC left, down from 50,000 BTC in June. The recent outflows from the wallet mark the conclusion of a
Ethereum’s price has been facing a downward trend lately, particularly after facing a second rejection at the $4,000 resistance level. The daily chart reveals a pattern of lower highs and lows since failing to break above the $4,000 level. Additionally, the market has broken below the 200-day moving average, currently positioned around $3,100. Despite the
Elon Musk, the CTO and chairman of X, recently made bold claims on social media accusing the European Commission (EC) of offering the social media platform an “illegal secret deal” to censor speech in order to avoid being fined in the EU. According to Musk, the EC allegedly proposed that X censor speech without informing
The Securities and Exchange Commission (SEC) has recently closed its investigation into Hiro Systems and the Stacks blockchain without recommending any enforcement action. This news comes as a relief to many in the cryptocurrency community, as the investigation has been ongoing for over three years. The SEC’s decision not to take any enforcement action is
The recent news that the SEC has closed its investigation into Hiro and the Stacks blockchain without recommending any enforcement action comes as a relief to many in the cryptocurrency community. This investigation began over three years ago, following the first-ever SEC-qualified offering by Stacks in 2019. The closure of the investigation is seen as
In recent months, the price of Bitcoin has been a hot topic of debate among market watchers and analysts. With the cryptocurrency hitting an all-time high above $73,000 in March, many are questioning whether Bitcoin has reached its peak for this cycle. However, one crypto analyst, known as ‘CryptoCon,’ has provided a detailed analysis of
The UK Law Commission recently released a scoping paper addressing the potential legal characterization of Decentralized Autonomous Organizations (DAOs) in the country. DAOs are blockchain-based communities that are created for a shared goal, such as investing in start-ups or purchasing historical documents. Despite being seen as the future of corporate governance, the Commission noted that