The recent price volatility of Bitcoin has left many investors questioning the future of the anticipated bull run. However, popular crypto analyst CryptoCon remains optimistic about Bitcoin’s trajectory. Despite a minor setback that resulted in a drop below $50,000, CryptoCon believes that the bull run is still on track. Taking historical trend patterns into account,
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The U.S. Securities and Exchange Commission recently imposed additional charges against Galois Capital, a crypto-focused advisory firm that held client assets at FTX. Galois has agreed to pay a civil penalty of $225,000 as a result of these actions. The SEC found that Galois failed to ensure that the crypto held by the private fund
WazirX, a prominent cryptocurrency exchange, has initiated the second phase of its fiat currency withdrawal process earlier than planned. Originally scheduled to start on September 9, the exchange decided to begin the process on September 3. This decision comes in the wake of a significant security breach that resulted in the theft of over $230
Rebel Skies, developed by the American studio Faraway Games, is creating quite a buzz in the mobile gaming world with its upcoming release in October 2024. This game is not just another addition to the myriad of mobile games available; it promises to revolutionize the gaming experience by merging three distinct genres – action, real-time
US Securities and Exchange Commission (SEC) Commissioner Mark T. Uyeda has recently raised concerns regarding the inadequacy of current S-1 registration forms for digital asset securities. During a speech at the Korea Blockchain Week 2024 event, Uyeda emphasized the importance of updating regulatory tools to address the unique features of digital assets. While the S-1
Bitcoin’s recent decline below the $60,000 threshold has caught the attention of many in the cryptocurrency market. Initial expectations of a steady price increase and a robust bull run this year have been shattered by the prolonged bearish performance of Bitcoin. As a result, a crypto analyst known as ‘Magog PhD’ has warned of a
The Ethereum market has been experiencing a significant shift recently, with rising exchange reserves indicating a potential new distribution phase. CryptoQuant’s Ethereum Exchange Reserve metric, which monitors the amount of ETH held in exchange wallets, has been on the rise. This uptrend suggests that traders are moving their ETH onto exchanges in preparation to sell,
In recent weeks, there has been a noticeable decline in whale activity across major crypto assets, including Bitcoin and Ethereum. This decline in high-value transactions has raised concerns among investors about the potential for a bearish outlook in the market. However, it is important to note that a decrease in whale activity does not always
The recent events surrounding the detainment of Tigran Gambaryan, an American executive held by the Nigerian government, have sparked outrage and concern within the international community. In a viral video that surfaced on September 2, Gambaryan is seen struggling to walk into a courtroom in Abuja, clearly in distress. Despite his pleas for a wheelchair,
The Open Network Token (TON) has been facing a series of challenges, with the most recent being a drastic plummet in price by over 90% in just minutes on CoinMarketCap. The graph illustrating this decline shows TON dropping from $5.2 to approximately $0.3, marking a significant 94% decrease. While this price crash understandably caused concern
