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
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The crypto market is infamous for its unpredictability, with prices constantly fluctuating up and down. Despite this volatility, large investors, often referred to as whales, are actively participating in the market. Data intelligence firm Santiment has recently released an analysis highlighting the top ten crypto projects with the most significant increase in whale activity. SuperRare:
The recent decrease in the percentage of Bitcoin Unspent Transaction Outputs (UTXOs) in profit has raised eyebrows in the crypto market. This drop, which has brought the metric to its lowest level since October 2023, correlates with the ongoing downward trend in the value of bitcoin (BTC) and other cryptocurrencies. Analyst EgyHash from CryptoQuant believes
Toncoin (TON) witnessed a significant decline from its peak in June, currently trading at a 40% lower value. The once-promising asset saw a sharp drop after reaching an all-time high of nearly $8.20 earlier in the year. Unfortunately, this momentum was short-lived, and the price has since plummeted to around $4.80, leaving many investors at
One of the major narratives that have been dominating the crypto market in 2021 is the influence of crypto whales – large holders of bitcoin and other popular cryptocurrencies. These whales have the power to significantly impact prices and market sentiment. The fear of market manipulation by whales has been a cause of concern for
Samuel Edyme, known by his nickname HIM-buktu, is a web3 content writer, journalist, and aspiring trader. His journey into the world of cryptocurrency was not your typical success story, but rather a tale of resilience and determination. Starting off with a scam that roped him in, Edyme did not let this setback define him. Instead,
Samuel Edyme, also known as HIM-buktu, is not your average web3 content writer. His path into the world of cryptocurrency was not paved with success stories, but rather with a painful lesson from a Ponzi scheme. Despite falling victim to a scam early on, Edyme did not give up. Instead, he used this setback as
Arthur Hayes, the co-founder and former CEO of BitMEX, recently shared his bearish outlook on the crypto market in his latest article titled ‘Boom Times… Delayed.’ He predicted a potential decline in Bitcoin’s price to under $50,000, attributing this downtrend to broader macroeconomic factors and market dynamics. Hayes pointed out that the actions of the
The Ethereum price has been a topic of concern for many traders and investors in recent months. The current bearish trend that Ethereum finds itself in has left many disappointed, especially after the hype surrounding the launch of Spot Ethereum ETFs. However, taking a closer look at the technical analysis and historical price movements of
In recent weeks, there has been a noticeable increase in demand for bitcoin (BTC) in the United States. This surge in interest can be attributed to Federal Reserve chair Jerome Powell’s comments at the Jackson Hole symposium. However, it is essential to recognize that this rise in demand is primarily concentrated on BTC and has