The Spot Bitcoin ETFs have been facing a decline in demand since the beginning of the month, and this trend was highlighted by significant outflows on April 26. This decrease in demand has had a ripple effect on the broader crypto market, with Bitcoin’s price being impacted by unfavorable market conditions. Farside Investors recently shared
Ripple
Two influential organizations in the cryptocurrency space, the Blockchain Association and the Crypto Freedom Alliance of Texas, have recently filed a legal challenge against the US Securities and Exchange Commission (SEC). They argue that the SEC exceeded its authority by implementing a rule that redefines the criteria for identifying a “dealer” of securities. The groups
As crypto markets show signs of recovery, there is a busy week ahead in the United States economic calendar that could potentially refuel momentum for the bears. The Federal Reserve’s key inflation metric will be in the spotlight, impacting monetary policy going forward. New home sales figures, S&P Global Manufacturing PMI, and S&P Global Services
Recent developments in the cryptocurrency world have seen a significant drop in stock prices for Bitcoin miners, with the upcoming halving event adding to the uncertainty. As the fourth Bitcoin halving approaches on April 20, mining rewards will be halved to 3.125 BTC, equivalent to around $200,000. Key players in the industry such as Marathon
Ripple’s XRP recently experienced a significant drop of 20% following a market downturn that saw the global market capitalization of the cryptocurrency sector plummet to $2.4 trillion. This decline was felt by many long traders, resulting in multi-million liquidations. The price of XRP dropped to around $0.48 according to CoinGecko’s data, making it one of
Over the weekend, Bitcoin experienced a significant drop in price, falling by around five thousand dollars to a multi-week low of approximately $61,000. This downward spiral also affected alternative coins, with many seeing double-digit price declines. The main factor behind this crash was the escalating tension between Iran and Israel, which sent shockwaves through the
Bitcoin and the entire cryptocurrency market experienced a significant downturn over the weekend, breaking the calm that has prevailed in recent weeks. This sudden shift in market dynamics can be attributed to a variety of factors, including recent announcements by key figures in the US Federal Reserve and reports of escalating tensions between Iran and
Bitcoin’s market capitalization has been making headlines recently, hitting an all-time high of over $1.43 trillion and currently standing at around $1.32 trillion. With the upcoming halving event, many are speculating on whether BTC’s market cap could reach $3 trillion. While some industry participants are optimistic about this possibility, others, like Marathon Digital’s CEO Fred
The U.S. Securities and Exchange Commission (SEC) has set its sights on Uniswap Labs, a major player in the world of decentralized finance (DeFi). The regulatory body recently issued a Wells Notice against Uniswap Labs, the company responsible for operating the largest decentralized exchange (DEX) globally. This move has sparked concerns within the crypto community
Policymakers are constantly faced with the challenge of regulating emerging technologies such as blockchain and AI while trying to strike a balance between innovation and security. However, there is a persistent disconnect between policymakers and technology, resulting in the oversight of crucial aspects of new technologies. This disconnect is evident in the recent actions of