In a decisive move highlighting the increasing scrutiny of the cryptocurrency industry, eToro has announced significant changes to its trading offerings. Following a settlement with the U.S. Securities and Exchange Commission (SEC) involving a financial agreement of $1.5 million, the platform is set to restrict its crypto trading options. This decision comes after it was
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Despite Bitcoin being perceived as stuck in a downtrend, a closer look at fundamental analysis suggests that it is actually in a healthy position. Crypto analyst Kaleo’s recent analysis highlights that Bitcoin is displaying healthier dynamics compared to the previous halving cycle. This contrasting view comes at a time when Bitcoin is struggling to maintain
The recent market fluctuations in the cryptocurrency space have sparked optimism among investors, particularly in leading assets like Ethereum (ETH). After a sharp decline that saw ETH plummet to $2,154 last Friday, the digital asset is now making modest gains, approaching the $2,400 mark. Market expert Jesse Olson recently highlighted several bullish indicators on Ethereum’s
Over the past two weeks, bitcoin has been on a rollercoaster ride, experiencing a market correction of approximately 11%. Despite briefly rebounding to $58,000, the leading cryptocurrency still has a way to go before reaching its all-time high levels. On-chain Data Insights According to on-chain data from the blockchain market intelligence firm Santiment, there has
In recent times, the Commodity Futures Trading Commission (CFTC) has teamed up with various federal and private organizations to combat the increasing prevalence of crypto scams, particularly the notorious “pig butchering” scams. These fraudulent schemes have resulted in significant financial losses, highlighting the urgent need for greater awareness and vigilance among consumers. Partnership Against Scams
In a surprising turn of events, Fintech bank Nubank has made the decision to suspend trading for its cryptocurrency, Nucoin. This decision has sparked questions about the bank’s financial stability and has left many investors wondering about the future of Nucoin. Nubank made the announcement in a blog post on September 10, stating that Nucoin
Samuel Edyme, also known as HIM-buktu, has carved out a unique path in the world of crypto. His journey didn’t start with a triumphant investment, but rather with a scam that roped him in. Instead of being deterred, Edyme used this experience to sharpen his skills and knowledge in the market. His hands-on experience during
Back in 2019, Cardano experienced a significant drop of 57% following a rate cut by the Federal Reserve. The rates at that time were much lower compared to the current levels, with a public debt of $22 trillion. Fast forward to today, the debt has increased to nearly $35 trillion, and interest rates are now
Bitcoin (BTC) has been experiencing a resurgence in recent days, with price spikes indicating a potential start of a long-awaited market bull run. Santiment, a market intelligence platform, recently reported that Bitcoin’s market value has seen a significant uptick, soaring to $57,600 this week. This positive change in price movements has led to renewed momentum
The news of Tokocrypto securing a PFAK license from Indonesia’s Commodity Futures Trading Regulatory Agency is a significant milestone for the exchange. With a user base of over 4.5 million and a monthly trading volume increase of 138%, it is clear that Tokocrypto has experienced substantial growth in the past year. This growth demonstrates a