Russia’s Ministry of Finance has recently proposed a new approach to digital asset trading, suggesting that traditional exchanges could handle such transactions for select investors. This potential shift in regulations could have significant implications for the future of cryptocurrency in Russia. The proposed regulations outline the creation of special rules for “conducting organized trading in
Tech giants such as Coinbase, Ripple, and Andreessen Horowitz (a16z) are making waves in the political landscape by sending representatives to the Republican National Convention (RNC) and the Democratic National Convention (DNC). Their goal is to advocate for policies that are favorable to the crypto industry. The firms are part of the Fairshake super PAC,
The Sandbox has recently unveiled a new update that allows its users to easily complete direct LAND transactions through its platform. This update eliminates the need for third-party platforms, making it more convenient for users to buy and sell virtual real estate within the metaverse. One of the key features of this update is The
The crypto analyst Linda has recently made a bold claim regarding Ethereum’s price, suggesting that it could reach $4,000. This prediction is based on the potential approval of the Spot Ethereum ETFs. While Linda’s analysis seems optimistic, it is important to approach such price predictions with caution. Speculation often plays a significant role in the
The cryptocurrency market has experienced a significant surge recently, adding a whopping $200 billion in just four days. Bitcoin (BTC) saw a 4.5% increase, briefly surpassing the $63,000 mark, while Ethereum (ETH) reclaimed the $3,300 level. Other meme coins such as Dogecoin (DOGE) and Shiba Inu (SHIB) also recorded gains, with a 4% and 3%
In the past week, digital asset investment products have seen a massive increase in inflows, totaling $1.44 billion. This brings the year-to-date (YTD) inflows to an astonishing $17.8 billion, breaking the previous record. Despite this surge in inflows, trading volumes remain relatively low at $8.9 billion for the week, compared to the annual 7-day average
JP Morgan, a well-known American multinational finance company, has recently expressed a bullish outlook on the Bitcoin price despite recent bearish trends. The bank has set a timeline for the conclusion of the ongoing BTC liquidations and anticipates a subsequent rebound in the market. According to a research report released by JP Morgan, BTC liquidations
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
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
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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