The cryptocurrency platform Upbit, based in South Korea, has established itself as a dominant player in the country’s trading activity, accounting for over 80% of the market. However, its growing influence has raised concerns, especially as South Korea prepares to implement new legislation aimed at safeguarding investors in the aftermath of the TerraUSD stablecoin collapse
Cash
As the Cardano (ADA) price struggles and falls out of the global top 10 crypto rankings, investors are left wondering if it is still worth holding onto their ADA holdings. The current price of ADA hovers just above $0.50, down close to 3% on the day. Despite a recent rebound from mid-month lows, ADA’s market
MicroStrategy founder Michael Saylor has been actively selling off shares of his brainchild over the past few months. With the authorization to sell up to 400,000 shares until April of this year, Saylor has successfully cashed in 370,000 shares, amounting to $372.7 million in value. This strategic move is part of an agreement he entered
In a recent interview, Anthony Scaramucci, the founder of Skybridge Capital, made a bold prediction regarding the future of Bitcoin. He suggested that the price of Bitcoin could potentially reach $200,000 following its upcoming halving event. This forecast comes at a time of increased volatility in the cryptocurrency markets, with geopolitical tensions and economic uncertainty
Bitcoin Cash (BCH) has experienced a significant drop in price, decreasing by 20% over the last week to trade at $484. This decline mirrors the larger cryptocurrency market, with BCH appearing to track the movements of Bitcoin, the market leader. The recent sell-off in cryptocurrencies, including BCH and Bitcoin, was prompted by growing turmoil in
In the midst of the recent turbulence in the cryptocurrency market, Ethereum has experienced significant price fluctuations, dropping to lows of $2,800 on April 12. However, amidst this volatility, a fascinating development has emerged: Ethereum whales have begun to showcase strategic maneuvers that have captured the attention of the crypto community. These whales, known for
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