Bitcoin’s price has recently experienced a period of consolidation correction around the $60K level. Despite this, buyers are showing interest in reclaiming the $73K threshold in the mid-term, which could potentially drive the price to a new all-time high. An in-depth analysis of the daily chart reveals that Bitcoin is currently in a corrective phase
Crypto
The legal battle between Ripple and the US Securities and Exchange Commission (SEC) is reaching a crucial point as they prepare for a trial scheduled on April 23. In a recent development, both parties have come together to address sealing issues related to the upcoming remedies briefing. This collaborative effort was highlighted in a joint
The recent ruling by U.S. District Judge Robert Shelby against the Securities and Exchange Commission (SEC) has brought to light serious allegations of misconduct in the legal action taken against Utah-based cryptocurrency firm DEBT Box. The judge slammed the SEC for what he called a “gross abuse of power” and accused the agency of misrepresenting
Bitcoin’s price over the weekend remained relatively stagnant, hovering just above $64,000. This calmness comes after a period of volatility the previous week, signaling a potential shift in the market. Altcoin Stability While Bitcoin experienced a lull, altcoins have also shown less volatility compared to previous weeks. Dogecoin, however, stands out with a 7% surge,
The United Nations (UN) Security Council recently released a report exposing the alarming fact that North Korea earns a significant portion of its foreign exchange earnings through cyberattacks. These attacks are not isolated incidents; they are part of a larger strategy by North Korea to fund its operations through illicit means. By compromising digital wallet
Recently, a 46-year-old housewife in Hong Kong found herself in a nightmarish situation after investing a staggering 7.1 million Hong Kong dollars ($908,000) in a fraudulent crypto investment platform. The woman was targeted by fraudsters who contacted her through Instagram in July 2022, urging her to invest in cryptocurrencies through a link to a deceitful
Coinbase, the derivatives arm of the largest American cryptocurrency exchange, is gearing up to introduce futures trading contracts for Dogecoin (DOGE), Litecoin (LTC), and Bitcoin Cash (BCH) by April 1, 2024. The company recently filed letters with the United States Commodity Futures Trading Commission (CFTC) outlining their plans to launch monthly cash-settled and margin futures
The meme coin sector has recently experienced a surge in popularity, with certain assets gaining significant attention on social media platforms. These assets have not only seen considerable price increases but have also become a hot topic of discussion among investors. According to DrobsTap, Memecoin (MEME) has emerged as the top-performing meme coin on X
Despite relentless inflation and economic instability in Argentina, there has been a noticeable increase in the adoption of Bitcoin as a hedge against these challenges. Recent data has shown a surge in Bitcoin purchases, with the number of weekly purchases reaching new highs. This trend indicates a growing interest among Argentinians in using Bitcoin as
The decentralized finance ecosystem within XRP has taken a significant step forward with the integration of automated market maker (AMM) functionality. Recent reports from XRPScan indicate that the introduction of AMM features has resulted in the creation of the first liquidity pools within a matter of minutes. These pools are now holding substantial amounts of