The cryptocurrency market has always been a battleground of intense volatility and speculation, and Bitcoin, as the pioneer of the space, often leads the charge. Recently, Bitcoin experienced a small yet significant recovery at the start of the week. This uptick provides a glimmer of hope to investors who have watched the token face severe
Gains
This past week witnessed a significant decline in the values of leading cryptocurrencies Bitcoin (BTC) and Ethereum (ETH), with prices slumping to approximately $55,500 and $2,200, respectively. In the wake of these declines, market analysts widely anticipated a continuation of the bearish trend that has plagued the cryptocurrency sector for some time. However, contrary to
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
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
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
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
A Nigerian court has decided to postpone the verdict on the bail application for Tigran Gambaryan, an executive at Binance, until October 9. This ruling came after arguments were presented by Gambaryan’s lawyer, Mark Mordi, and the prosecuting counsel, Ekele Iheanacho, who was against granting bail to Gambaryan. The bail application was submitted on September
Phishing scams continue to be a significant threat in the cryptocurrency industry, with scammers constantly finding new ways to deceive users and steal their funds. The latest warning comes from Jameson Lopp, co-founder of CasaHODL, who highlighted a new phishing scam targeting Gemini users. The scammers behind this phishing scam are using a clever ruse
The Digital Chamber (TDC) has urged Congress to pass legislation that would designate certain non-fungible tokens (NFTs) as consumer goods and exempt them from federal securities laws. This call for action comes in response to the Securities and Exchange Commission’s (SEC) recent enforcement actions, including a Wells notice issued to NFT marketplace OpenSea. TDC argues
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