In an era where the digital landscape is constantly evolving, one individual stands out for his unique contributions to both cryptocurrency journalism and social activism: Semilore Faleti. With a background that spans multiple subjects, Semilore has honed his skills specifically in the realm of blockchain technology and digital assets. His journey reveals a deep-seated passion
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Decentralized Finance (DeFi) has taken the cryptocurrency world by storm, redefining traditional financial landscapes through blockchain technology. The evolution of DeFi projects is not merely measured in market cap or user adoption but also through ongoing development efforts that reflect innovation and community engagement. Recently, the analytics platform Santiment provided an insightful overview of the
Steven Lubka, a prominent figure in the cryptocurrency sector and head of private clients at Swan Bitcoin, has shared some intriguing predictions regarding Bitcoin’s future. In a recent conversation with CNBC, Lubka expressed confidence that Bitcoin could reach six figures by 2025, asserting that this projection remains solid irrespective of the political landscape surrounding the
In a significant move for the cryptocurrency space, a leading asset manager, Grayscale, unveiled a new Trust dedicated to tracking Ripple’s native token, XRP. This announcement isn’t just a routine launch; it could serve as a pivotal moment in the trajectory of XRP and potentially expedite its transition to an exchange-traded fund (ETF). Historically, Grayscale
Cardano (ADA) has experienced an impressive surge of over 10%, crossing a significant resistance barrier and now exploring new price territories. This upward movement, marked by heightened bullish sentiment, indicates an optimistic outlook among traders and investors alike. However, as the cryptocurrency market evolves, patterns in investor behavior are emerging that warrant close examination. Notably,
In the ever-evolving world of cryptocurrency, predictions and analyses about the fortunes of various coins can often shape investor sentiment and market dynamics. Recently, crypto analyst Dan Gambardello shed light on the current trajectory of Cardano (ADA), suggesting that it is poised to make a significant comeback. His insights have ignited discussions about Cardano’s potential
Ethereum (ETH), one of the leading cryptocurrencies, has captured the attention of investors recently, particularly in terms of its potential trajectory against Bitcoin (BTC). Despite enduring a prolonged bearish period, where it has been described with phrases like “the ultimate shitshow of this cycle,” some analysts are suggesting that a significant rally could be on
Ryan Salame, a former executive of the now-infamous cryptocurrency exchange FTX, finds himself in a precarious legal situation that raises questions about the integrity of the judicial process. Following his 2023 guilty plea to charges related to campaign finance and money-transmitting crimes, Salame has admitted to providing false statements during his plea hearing. This admission
In a significant development within the cryptocurrency trading sector, eToro’s U.S. branch will halt trading in most cryptocurrency assets within the next six months, as mandated by an order from the Securities and Exchange Commission (SEC). This decision emerges from claims that eToro has been in breach of federal securities laws since 2020, bringing to
The crypto landscape is no stranger to volatility, and the recent activity surrounding a wallet linked to the collapsed FTX exchange and its affiliate, Alameda Research, serves as a reminder of this turbulent environment. A movement involving the redemption of 177,693 Solana (SOL) tokens, valued at approximately $23.75 million, has emerged as a focal point
In the rapidly evolving landscape of digital storage solutions, GhostDrive emerges as a formidable contender within the decentralized Web3 space. This innovative platform has captured the attention of over 740,000 monthly users, signaling a promising shift from conventional Web2 storage services. By leveraging the capabilities of the TON (The Open Network) blockchain and functioning as
In a significant development within the United States political landscape, lawmakers have initiated a joint inquiry into the Securities and Exchange Commission (SEC), raising serious allegations concerning the potential politicization of its hiring practices. This investigation, as outlined in a letter directed to SEC Chairman Gary Gensler, seeks to unearth whether political affiliations may have
In a significant regulatory development, eToro, a well-known trading platform, is set to scale back its cryptocurrency offerings after agreeing to a $1.5 million settlement with the US Securities and Exchange Commission (SEC). The SEC’s investigation unveiled that eToro had been enabling U.S. customers to trade crypto assets classified as securities since 2020, and it
In September 2024, the UK took a bold step toward creating a regulatory framework for digital assets with the introduction of “The Property (Digital Assets etc) Bill.” This legislation, which categorizes digital assets such as Bitcoin and non-fungible tokens (NFTs) as personal property, aims to provide essential legal clarity for asset owners and a set
Bitcoin has recently experienced a recovery, lifting spirits among its investors who have faced a turbulent market over the previous month. This respite from bearish trends is encouraging, but it raises important considerations regarding the sustainability of this rally. Price movements in cryptocurrencies, especially that of Bitcoin, are often influenced by various support and resistance
The cryptocurrency market is often marked by volatility, especially for major players like Bitcoin (BTC) and Ethereum (ETH). This week saw Bitcoin dipping to around $55,500 and Ethereum dropping to $2,200, leading to widespread pessimism among investors. However, an unexpected bullish turn among altcoins has redefined the narrative, showcasing the potential of smaller projects to
In an exciting development for cryptocurrency enthusiasts, Coinbase, the largest U.S.-based cryptocurrency trading platform, has officially launched its Wrapped Bitcoin product, known as cbBTC. This initiative marks an important step in expanding Bitcoin’s utility in the decentralized finance (DeFi) sector. The cbBTC tokens are live on two significant blockchains: Base and Ethereum. This launch follows
The recent acquisition of a Physical Crypto Asset Trader (PFAK) license by Tokocrypto, a subsidiary of Binance, from Indonesia’s Commodity Futures Trading Regulatory Agency (Bappebti) marks a significant milestone for the company. This development positions Tokocrypto as the third exchange in Indonesia to receive the PFAK license, indicating its strong commitment to regulatory compliance and
The cryptocurrency market has been witnessing Bitcoin stuck in a downtrend, struggling to break above key resistance levels. However, a recent fundamental analysis conducted by crypto analyst Kaleo sheds light on Bitcoin’s healthy position. This analysis contrasts the current market dynamics with the previous halving cycle, indicating a positive outlook for Bitcoin’s future. Kaleo’s analysis
Fintech giant Nubank recently made headlines by announcing the suspension of trading for their cryptocurrency, Nucoin. This move has sparked discussions and raised concerns about the bank’s financial stability in the market. Effective immediately, Nucoin can no longer be bought or sold within the bank’s app, according to a blog post released on September 10.
Bitcoin (BTC) has recently seen a resurgence in its price, with indicators pointing towards the beginning of a long-awaited bull market. Market intelligence platform Santiment reported a positive change in Bitcoin’s price movements, with the cryptocurrency reaching $57,600 this week. This marks a significant increase as Bitcoin had been struggling with price declines in the
The cryptocurrency market has been experiencing some promising signs of recovery lately. Ethereum, one of the leading digital assets, has made modest gains in the past 24 hours after a sharp decline last Friday. The price of Ethereum, which plummeted to $2,154, is now nearing the $2,400 mark, sparking optimism among investors. Market expert Jesse
In 2019, Cardano experienced a significant drop of 57% when the Federal Reserve decided to cut rates. Now, with another rate cut on the horizon, the cryptocurrency faces a similar setup that could potentially lead to major downside. It is important to note that in 2019 the rates were at 2.39% and the public debt
The Commodity Futures Trading Commission (CFTC) recently announced a collaborative effort with federal and private organizations to combat the alarming increase in crypto scams known as “pig butchering.” These scams have resulted in significant financial losses due to a lack of awareness and understanding among consumers. The regulator’s campaign is focused on educating the public
The Law Commission of the United Kingdom (UK) Parliament recently proposed the Property (Digital Assets, etc.) Bill on Sept. 11, which aims to legally recognize digital holdings. This groundbreaking legislation seeks to categorize crypto, non-fungible tokens (NFTs), and carbon credits as personal property under British law. It represents a significant milestone in British legal history
Samuel Edyme, commonly known as HIM-buktu, is not your average web3 content writer and journalist. His journey into the crypto universe did not begin with a successful investment, but rather with a scam. Despite falling victim to a Ponzi scheme that used crypto as payment, Edyme did not retreat. Instead, he emerged stronger and more
The much-anticipated airdrop for the Rocky Rabbit Telegram game is set to take place on September 23, 2024, on The Open Network (TON). This event marks a significant milestone in the game’s development as it rewards loyal players and paves the way for more advanced gaming features. Players who have actively engaged with the game’s