Archives par catégorie: Business

Cardano (ADA) Declines As Market Recovers Amid Security Charges

Cardano (ADA) Declines As Market Recovers Amid Security Charges

Cardano (ADA) has emerged as one of the worst performers over the last day despite the rest of the market seeing some upside. This can be attributed to the security charges from the United States Securities and Exchange Commission (SEC), a classification that has loomed heavy over staking tokens in the last year. Cardano Foundation […]

Coinbase CEO Takes On SEC, Igniting Crypto Community’s Passion for Clarity

Coinbase CEO Takes On SEC, Igniting Crypto Community’s Passion for Clarity

In a fiery showdown, Coinbase CEO Brian Armstrong confronts the Securities and Exchange Commission (SEC) lawsuit, igniting a passionate response from the crypto community. His unwavering defense not only stirs enthusiasm among supporters but also intensifies demands for clear regulations in the industry. Armstrong has welcomed the SEC lawsuit against his exchange, stating that a […]

Bitcoin Bears Brace For The 50-Month MA Retest, Is A Rug Pull Imminent?

Bitcoin Bears Brace For The 50-Month MA Retest, Is A Rug Pull Imminent?

Over the last 24 hours, Bitcoin (BTC), the largest cryptocurrency in the market by capitalization, has again failed to consolidate above the $27,000 level. This key resistance was lost at the beginning of the downtrend on May 8th and has not been breached. Additionally, the upper resistance level placed at $27,500 has also proven to […]

Shiba Inu (SHIB) Price Could Soar To Major Highs Soon, Here’s Why

Shiba Inu (SHIB) Price Could Soar To Major Highs Soon, Here’s Why

Shiba Inu (SHIB) appears to be refueling its engines following a recent downturn. As the crypto community collectively holds its breath, the dog-inspired cryptocurrency could skyrocket to major highs sooner than expected. The latest catalyst propelling SHIB’s resurgence is a leap into the Metaverse. On June 6, the Shiba Inu Metaverse division unveiled its impending […]

Bitcoin 24-Hour Volatility Soars, Why Bulls Could Win Fight In Short-Term

Bitcoin 24-Hour Volatility Soars, Why Bulls Could Win Fight In Short-Term

Bitcoin keeps moving sideways in a tight range as regulatory pressure in the U.S. mounts with two lawsuits against major crypto exchanges. The number one crypto by market cap could yet see crab-like price action, but the bulls could catch a break in the short term, according to an analyst. As of this writing, Bitcoin […]

Late Evidence In Criminal Trial Irks SBF, FTX Explores Options For AI Stock Sale

Late Evidence In Criminal Trial Irks SBF, FTX Explores Options For AI Stock Sale

Former FTX CEO Sam Bankman-Fried (SBF) is still entwined in his legal battle over the FTX crisis. In a letter, SBF’s legal team stated that prosecutors are behind on deadlines for vital evidence to build their defense on numerous fraud charges.  SBF has faced multiple charges since the collapse of FTX, which authorities insist was […]

Bitcoin Realized Loss Remains Low Despite Volatility, What Does This Mean?

Bitcoin Realized Loss Remains Low Despite Volatility, What Does This Mean?

On-chain data shows the Bitcoin realized loss metric has stayed at a low value recently, despite the volatility that the coin has experienced. Bitcoin Realized Loss Continues To Be At A Relatively Low Value According to data from the on-chain analytics firm Glassnode, investors realized just $112 million in losses during the recent plummet in […]

SEC Files Emergency Action Application To Freeze Binance.US Assets

SEC Files Emergency Action Application To Freeze Binance.US Assets

The SEC just dropped a bombshell on Binance.US, the American arm of the world’s largest cryptocurrency exchange. The regulator filed an emergency action application against Binance.US to freeze its assets, as part of the regulator’s recent crackdown on the crypto exchange. Protecting Customer Funds On Binance According to the documents filed with the court, the […]

Bitcoin Contrarians Win As Rebound Occurs Against Crowd Expectations: Santiment

Bitcoin Contrarians Win As Rebound Occurs Against Crowd Expectations: Santiment

Data from Santiment suggests that the latest Bitcoin rebound took place after most investors had given up on the idea of it happening. Bitcoin Observes Rebound After “Buy The Dip” Crowd Goes Silent According to data from the on-chain analytics firm Santiment, calls for buying the dip had mostly disappeared right before the actual rebound. […]

Now That Optimism ‘Bedrock’ Hard Fork Is Done, What Can We Expect?

Now That Optimism ‘Bedrock’ Hard Fork Is Done, What Can We Expect?

Optimism ushers in a new era with the successful completion of its highly anticipated “Bedrock” upgrade. This transformative enhancement, announced by OP Labs, the network’s developer, brings forth accelerated deposit times, decreased layer-1 fees, and fortified security measures.  The implementation of these advancements marks a pivotal step in the developer’s ambitious mission to establish a […]

Chainlink Bulls Must Uphold This Critical Support Line For Potential 8% Rally

Chainlink Bulls Must Uphold This Critical Support Line For Potential 8% Rally

At present, Chainlink (LINK) continues to witness further losses, with the altcoin experiencing a decline of nearly 7% in the past 24 hours. This depreciation has led LINK to touch its lowest point in several months, primarily driven by the overall weakness observed in the broader market. On the weekly chart, LINK has lost approximately […]

Bitcoin Casino Canada: The Best Sites for Crypto Gambling 2023

Bitcoin Casino Canada: The Best Sites for Crypto Gambling 2023

In this article, we will delve into the world of Bitcoin Casino Canada, exploring various aspects such as legality, payment options, game variety, bonuses, and more. Join us as we take you through our review of the best crypto casino sites available to Canadian players in 2023. Bc.game – Best Canadian Casino Luckyblock – Best […]

Polygon (MATIC) Large Transactions Explode 742% Amid Latest SEC Attack

Polygon (MATIC) Large Transactions Explode 742% Amid Latest SEC Attack

Polygon (MATIC) recently experienced a sudden surge in large transactions. These sizable movements of funds on the network have caught the attention of market observers, prompting speculation about the motives and actions of cryptocurrency whales.  The catalyst behind this flurry of activity appears to be the recent lawsuit filed by the US Securities and Exchange […]

Ethereum Price Regains Strength But Key Downtrend Resistance Intact

Ethereum Price Regains Strength But Key Downtrend Resistance Intact

Ethereum price recovered losses and traded above $1,860 against the US Dollar. ETH must clear $1,920 to start a strong increase in the near term. Ethereum is showing positive signs above the $1,860 level. The price is trading above $1,850 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend […]

Bitcoin Price Trims Losses But Key Breakout Resistance Is Still Intact

Bitcoin Price Trims Losses But Key Breakout Resistance Is Still Intact

Bitcoin price trimmed yesterday’s losses and climbed above $26,500. BTC is now again facing strong resistance near the $27,400 zone. Bitcoin started a fresh decline after it dived toward the $25,500 support. The price is trading above $26,500 and the 100 hourly Simple moving average. There was a break above a connecting bearish trend line […]

Former Twitter CEO Claims Ethereum Is A Security, Will This Affect Prices?

Former Twitter CEO Claims Ethereum Is A Security, Will This Affect Prices?

Jack Dorsey, the former CEO of Twitter, while replying to a comment on June 6, alleged that Ethereum (ETH), the world’s second-largest cryptocurrency exchange, is a security under United States laws.  This controversially implies that holders of ETH should, as directed by law, comply with rules enforced by the Securities and Exchange Commission (SEC). Dorsey Claims […]

Ripple CEO Blasts SEC Chair For Anti-Innovation Stance, XRP Bulls Remain Optimistic

Ripple CEO Blasts SEC Chair For Anti-Innovation Stance, XRP Bulls Remain Optimistic

In a scathing critique of the Securities and Exchange Commission’s (SEC) recent actions against the cryptocurrency industry, Ripple Chair Executive Officer (CEO) Brad Garlinghouse has accused the SEC Chair Gary Gensler of “hypocrisy” and “desperation”. In a statement released on Twitter, Garlinghouse called Gensler’s claims to be “pro-innovation” laughable, arguing that the agency’s recent lawsuits […]

Atomic Wallet Hack: Stolen Crypto Moved Through Mixing Service Linked To North Korean Hackers

Atomic Wallet Hack: Stolen Crypto Moved Through Mixing Service Linked To North Korean Hackers

According to blockchain analysis firm Elliptic, stolen assets from the latest Atomic Wallet hack have been moved through a mixing service. While mixers and blenders aim to provide privacy for legitimate crypto users, they are also commonly abused by hackers and scammers to hide stolen funds.  Elliptic Reveals Laundering Connected To Atomic Wallet Hack Last […]