In the face of uncertainty within the cryptocurrency market, Crypto Jelle has provided a positive perspective on the future of Bitcoin. Despite recent price consolidation, Jelle believes that Bitcoin’s bull run is far from over, with the potential for the cryptocurrency to rally further in the coming months. Following the fourth Bitcoin Halving event, expectations
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Robinhood, the popular millennial trading platform, released its earnings report on May 8 and managed to surpass analyst estimates. The first-quarter results showcased record revenues of $618 million, marking a significant 40% increase year-over-year. Notably, revenue from cryptocurrencies saw an impressive surge of 232% to $126 million. This surge was largely driven by transaction-based revenues
Polkadot has recently made significant improvements to its network performance, enhancing both the speed and capacity for processing transactions. One of the key advancements that have been recently implemented is the Asynchronous Backing mechanism on the network. This optimized approach for validating parachain blocks by the Relay Chain has resulted in blocks being produced twice
In a surprising turn of events, two major US banks, JP Morgan and Wells Fargo, have made waves by announcing their investments in Spot Bitcoin ETFs. This move signifies a significant shift in their investment strategies, especially considering their previous cautious stance towards cryptocurrencies. Wells Fargo’s Bold Move Wells Fargo, in its recent filing to
Bitcoin recently saw a price decline of 3.06% on Friday, dropping to as low as $60,372.36 according to CoinMarketCap. Despite this dip, trading analyst Titan of Crypto remains optimistic about Bitcoin’s future prospects. Titan of Crypto pointed out a bullish signal on the daily timeframe known as the bullish engulfing candle. This pattern suggests a
Monero (XMR) has recently seen a surge in discussions on social media platforms following the announcement of LocalMonero’s closure. This increase in attention comes at a time when governments around the world are making efforts to regulate privacy-focused cryptocurrencies like Monero. The closure of LocalMonero, a peer-to-peer exchange based on Monero, has sparked conversations about
The movement and accumulation from crypto whales have long been considered catalysts for Bitcoin price increases. However, recent on-chain data has shown a decline in whale accumulation volumes during each buying cycle over the past month. This decrease in whale accumulation could be a cause for concern for investors, especially as the price of Bitcoin
In the ever-evolving world of meme coins, Aqua Cat on SOL has recently emerged as a unique player in the market. Unlike traditional cat-themed coins, Aqua Cat is actually a lovable sea-otter coin disguised as a cat, capturing the attention of traders worldwide. The coin experienced a monumental price surge of 33,895% overnight, showcasing the
The recent guilty plea of Russian national Alexander Vinnik, the operator of the infamous crypto exchange BTC-e, sheds light on the dark underbelly of the cryptocurrency world. Vinnik’s involvement in money laundering activities through BTC-e, which was one of the largest crypto exchanges globally between 2011 and 2017, highlights the ease with which illicit funds
Recently, Fintech giant Block, which oversees Square and Cash App, has come under the radar of federal prosecutors from the Southern District of New York. Allegations of significant compliance failures have surfaced, following disclosures by a former employee regarding lapses in the company’s transaction monitoring systems. The alleged mishaps involve Square processing transactions with entities