The year 2022 witnessed the downfall of several cryptocurrency lenders, with the Celsius crash standing out as one of the most devastating incidents for investors. The subsequent period saw a prolonged bear market characterized by low prices and minimal activity in the industry. However, fast forward two years, and the landscape has completely transformed. The
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The recent introduction of spot Bitcoin ETFs has sparked a surge in investor interest, resulting in a significant uptick in trading activity. This development has instilled a sense of optimism not just within the Bitcoin community, but across the broader cryptocurrency market as well. While the launch of spot Bitcoin ETFs has been met with
The recent weekend has brought about a wave of excitement in the cryptocurrency community, particularly for Ethereum (ETH). The world’s second-largest cryptocurrency has experienced a price surge of 4.31% in the last day, bringing it closer to a critical resistance point of $4,000. This increase in price can be attributed to a significant rise in
Traders in the cryptocurrency market are closely watching the price movements of the Solana-based meme token, SMOG. With a recent 70% price increase, there is growing speculation that SMOG could potentially follow in the footsteps of other successful meme tokens like DogWifHat. The analysis of SMOG’s price trends indicates that there are still buying opportunities
Worldcoin developer Tools for Humanity has taken legal action against Spain’s recent ban on its data collection and usage within the country for a period of three months. In a blog post on March 6, Worldcoin stated that Spain’s regulators bypassed the standard EU GDPR procedures by imposing the ban, forcing them to resort to
The recent fall in Bitcoin price by over 10% after hitting an all-time high of $69,000 has left many investors wondering about the future of this cryptocurrency. However, despite the intense volatility surrounding Bitcoin’s price, there seems to be a rebound to the $68,000 mark. This rebound has reignited positive enthusiasm among investors and has
The Spanish data protection regulator, AEPD, recently issued a directive to Worldcoin instructing the company to cease the collection of personal data in Spain. This decision comes after a series of complaints were lodged against Worldcoin, raising concerns about the transparency of their data processing practices. In particular, there have been questions about the accuracy
During a recent Senate Banking Committee hearing on monetary policy, US Federal Reserve Chair Jerome Powell emphasized the Fed’s position on central bank digital currency (CBDC). Powell made it clear that the Federal Reserve is nowhere near considering or proposing a CBDC. He reassured lawmakers that any potential digital dollar system would prioritize privacy and
As the crypto market continues to experience macro tailwinds, with potential interest rate cuts on the horizon, investors are on the lookout for the best cryptocurrencies to buy today. While major coins like Bitcoin and Ethereum are seeing slight gains, smaller altcoins are making significant moves and presenting unique investment opportunities. Amidst the market volatility,
In recent times, Ethereum has been positioned as a leading force in shaping a new financial landscape. Its proponents praise the capabilities of smart contracts and foresee a future where transparency and efficiency reign supreme. The current market data shows Ether trading at $3,780, reflecting a steady increase of 2% daily and 8% weekly. Despite