Jamie Coutts, the chief crypto analyst at Real Vision, has pointed out an indicator that suggests a bullish outlook for Bitcoin. He highlighted that the decline in Bitcoin’s hash rate is slowing down, which typically signals a potential reversal in the current bearish trend. However, Coutts emphasized that a bullish reversal is contingent on the
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In March, Bitcoin reached a record high of over $73,000, igniting discussions among industry observers and experts about whether the digital currency has reached its peak in this market cycle. However, a detailed examination by a crypto analyst suggests that Bitcoin still holds significant potential for further growth. The analyst, known as ‘CryptoCon,’ recently shared
Anomaly Games has recently announced their partnership with the Google for Startups Cloud Program, aiming to combine innovative cloud technology with artificial intelligence and Web3 advancements. This collaboration promises to bring a fresh approach to web-based experiences and game development, revolutionizing the gaming sector. This article will delve into the details of this strategic partnership,
The recent news of Artur Schaback, co-founder and former CTO of Paxful, pleading guilty to conspiracy to deliberately fail in establishing, developing, implementing, and maintaining a compliant AML program has sent shockwaves through the fintech industry. The US Department of Justice’s revelation that Schaback neglected to collect necessary KYC information of customers who traded on
The recent developments at Paxful Inc. have shocked the cryptocurrency community, as co-founder and former CTO Artur Schaback pleaded guilty to conspiracy charges related to failing to maintain an effective anti-money laundering (AML) program. According to the Department of Justice, Schaback’s negligence turned Paxful into a hub for money laundering, sanctions violations, fraud, romance scams,
Recent price movements in the cryptocurrency market, particularly with Bitcoin, have once again highlighted the extreme volatility that investors have come to expect. The sudden drop below $54,000 on July 5 served as a stark reminder of just how quickly fortunes can change in the world of digital assets. Over the past month, Bitcoin has
As Bitcoin continues to face volatility and fluctuation in its price, crypto expert Michael van de Poppe has identified a crucial indicator that suggests a potential bounce for the flagship cryptocurrency. After a recent dip below $60,000, Van de Poppe highlighted in a social media post that Bitcoin’s CME gap has closed, indicating a shift
Keith Gill, also known as “Roaring Kitty,” is currently embroiled in a securities fraud lawsuit stemming from his involvement in the 2021 GameStop trading frenzy. The class-action lawsuit, filed on June 28 in the Eastern District of New York, alleges that Gill orchestrated a “pump and dump” scheme by leveraging his social media presence to
Kraken founder Jesse Powell made headlines recently after donating $1 million, primarily in Ethereum, to support former US President Donald Trump’s re-election bid. Powell stated that the donation was intended to help the US maintain its leadership position in blockchain technology. His decision to support Trump, who has shown a more favorable stance towards crypto,
The latest addition to the collectibles space is “Solo Leveling: Unlimited”, an NFT platform based on the popular South Korean web novel and webtoon, Solo Leveling. This innovative platform, developed by Singapore-based Web3 company OtherWorld, merges entertainment and blockchain technology on the Avalanche blockchain. Revolutionizing NFT Transactions What sets “Solo Leveling: Unlimited” apart is its