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
Bitcoin
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
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
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 upcoming airdrop for the highly anticipated 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 early adopters and signals a shift towards more advanced gaming features. Players who participate in the airdrop
The financial landscape in Europe is witnessing a significant shift as leading Swiss bank Zurich Cantonal Bank has recently introduced cryptocurrency trading services for its customers. This move signals a growing acceptance and adoption of digital assets within the traditional banking sector. On September 4, 2024, Zurich Cantonal Bank announced the launch of Bitcoin (BTC)
Bitcoin recently experienced a significant daily surge, jumping from $53,600 to over $58,000. One of the key factors behind this surge could be attributed to the US spot Bitcoin ETFs, which were introduced in mid-January. These ETFs have had a noticeable impact on Bitcoin’s price movements, with positive flows leading to price increases and negative
Predictions for the Bitcoin price have been a hot topic of discussion, particularly in light of the recent market crash. While many have expressed bearish sentiments, there are analysts who hold a bullish outlook for the pioneer cryptocurrency. Bernstein analysts have made headlines by predicting that Bitcoin could potentially reach $90,000 in the near future,
Bitcoin (BTC) faced a significant drop in price over the weekend after the release of August nonfarm payrolls (NFP) data, which failed to meet analysts’ expectations. This led to a rapid decline of nearly 5% in BTC’s price, causing it to fall below the $54,000 range, its lowest level since early August. The broader crypto
The world of cryptocurrency is a volatile and constantly evolving one, with Bitcoin being at the forefront of it all. Recently, crypto analyst Daan Crypto has shed light on a Bitcoin Rainbow Chart that provides valuable insights into the current price action of the leading cryptocurrency. Bitcoin has been struggling to maintain its position above