Bitcoin’s price has been experiencing significant fluctuations, with the bulls currently dominating the market. Reclaiming the crucial $60K mark and aiming for $61,000 indicates bullish sentiment. However, approaching the weekend brings unique challenges, as weekend price actions differ due to decreased trading volume. Lower trading volume can lead to more pronounced price movements, making it
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Ripple, a company known for its XRP token, recently announced its plans to launch a stablecoin called Ripple USD (RLUSD) on both the XRP Ledger and Ethereum platforms. This move aims to bridge the gap between the world of cryptocurrency and traditional finance. The stablecoin is expected to provide deep liquidity for major trading pairs
Former Binance CEO Changpeng ‘CZ’ Zhao recently made headlines after being transferred from FCI Lompoc II to the RRM Long Beach halfway house in California. This move has sparked confusion among X users, who mistakenly believed that he had been released. However, it is important to note that CZ remains incarcerated. The RRM Long Beach
The DeFi Education Fund and the Blockchain Association have joined forces to submit an amicus brief in support of a legal challenge against the SEC’s Consolidated Audit Trail (CAT). The brief emphasized the significant privacy and security concerns posed by the CAT, especially for participants in the digital asset market. It argued that the CAT
In a recent development, a US federal judge has denied crypto exchange Kraken’s request to dismiss the lawsuit filed by the Securities and Exchange Commission (SEC) over allegations of operating an unregistered securities exchange. The decision by Judge William H. Orrick comes after Kraken requested a dismissal of the case filed by the SEC in
As Cardano (ADA) experiences a significant price surge in the last seven days, investors are closely watching the on-chain data to determine how they will react to these developments. It is crucial to note that while Cardano has shown gains of over 14% in this period, there may be looming selling pressure from investors who
Pi Network, a crypto project introduced in 2019, has been making waves in the industry by offering users the opportunity to mine and earn digital assets directly from their mobile devices. The project aims to be energy-efficient by utilizing the Stellar Consensus Protocol (SCP) developed by the Stellar Development Foundation as an alternative to traditional
In a groundbreaking decision, the FBI has opted to utilize Non-Fungible Tokens (NFTs) to return $1.14 million to victims of the CluCoin fraud. This marks a significant shift in the way law enforcement agencies engage with victims of fraudulent activities. Through the use of NFTs, the FBI plans to streamline the process of reaching out
The month of August has been a rollercoaster ride for Bitcoin investors, with the cryptocurrency experiencing significant price fluctuations. The month started on a high note but quickly turned sour as the BTC price saw a 30% crash in the first week. This crash triggered a market-wide decline, with altcoins also taking a hit. While
Ethereum, like many other cryptocurrencies, is currently facing significant selling pressure, struggling to recover from the weakness seen in early August. Despite some fleeting moments of strength following the dramatic sell-off on August 5th, prices continue to hover below the $2,800 mark. However, there is a glimmer of hope visible on the daily chart, as
