The U.S. Securities and Exchange Commission’s (SEC) Director of Enforcement, Gurbir Grewal, has announced his resignation, effective October 11, 2024. His sudden exit comes at a critical moment for the regulator, as it is filing an appeal in its high-profile case against Ripple. Grewal Leaving as SEC Appeals Ripple Decision The departure was announced in […]
The Securities and Exchange Commission (SEC) yesterday (Wednesday) formally moved to appeal a federal judge’s decision in the regulator’s case against Ripple, which resulted in a $125 million fine. SEC Files “Notice of Appeal” The regulator filed a “notice of appeal” to the Second Circuit Court of Appeals, indicating its intention to challenge the final […]
An analyst has pointed out how a Dogecoin indicator could be about to show a crossover that proved bullish the last two times for the DOGE price. Dogecoin May Be About To Show A Bullish MACD Crossover As explained by analyst Ali Martinez in a new post on X, a MACD crossover could be about […]
BTC price support may be at risk of a breakdown, but Bitcoin market perspectives see “bullish market structure” prevailing.
Dogecoin eyes next big move as hidden bullish signal could trigger DOGE price doubling
Cardano (ADA) and Fantom (FTM) have been in a neck-and-neck contest to touch the $1 mark. While both the altcoins have been performing exceptionally well in the market, the question of which altcoin will reach the $1 mark first remains unanswered. In the meantime, IntelMarkets (INTL) emerges as the best altcoin to buy in this […]
MARA, one of the largest bitcoin miners traded on the public market, acquired 192 BTC in September, while also holding onto all the bitcoin it mined during the month. MARA Strengthens Mining Operations, Grows Bitcoin Reserves to 26,842 This week, the publicly listed bitcoin (BTC) mining company MARA (Nasdaq: MARA) highlighted several operational improvements for […]
XRP, the cryptocurrency that has been the focal-point of a long running legal battle between its issuer and the SEC, slumped as much as 11% after …
The US government’s massive pile of debt is reaching fresh heights as a new fiscal year begins. The Treasury Department’s Debt to the Penny database shows the national debt rose from $35.464673929171 trillion on September 30th to $35.668947367182 trillion on October 1st – the first day of fiscal year 2025. That’s a jump of $204.273438011 […]
TL;DR Despite a decline in the number of crypto hacks, cybercriminals stole $750 million in Q3 2024 according to CertiK, a 9.5% increase from the previous quarter. Phishing attacks and private key compromises were the most prevalent methods, causing over $667 million in losses. Recovery of stolen assets dropped significantly, with only 4.1% of funds […]
Bitcoin’s current trends mimic its successful years of 2016 and 2020, yet demand has stagnated since July. US spot ETFs, particularly BlackRock’s IBIT, drive demand by adding significant Bitcoin holdings. Despite substantial outflows from Grayscale’s GBTC, the US funds collectively hold over US$56 billion in Bitcoin. Analyst Willy Woo forecasts a delayed Bitcoin ATH, expecting […]
Bank of America (BoA) experienced a widespread technical glitch on Oct. 2, affecting thousands of online banking customers. Issues reported included customers unable to access their accounts, online accounts showing zero balances, and problems with online banking, mobile apps, and some ATMs. Where is My Money? Angry customers flocked to social media to complain about […]
Kraken has announced the launch of its new global derivatives venue in Bermuda. This initiative aims to provide clients with a licensed trading platform in a recognized jurisdiction. Bermuda Authority Approves Kraken Venue Kraken’s new venue allows clients to trade derivatives around the clock, aligning with the 24/7 nature of the cryptocurrency market. According to […]
Crypto trading firm QCP Capital says the “shallow sell-off” in crypto markets following Iran’s recent attack on Israel indicates healthy market demand for risk-on assets. Crypto Market Remains Well Bid For Risk Assets Despite Iran launching over 180 missiles toward Israel yesterday, the sell-off in traditional financial (TradFi) assets was relatively muted. The S&P 500 […]
AI and big data tokens lose ground, with NEAR suffering the biggest hit amid a broader market decline.
PEPE open interest proves sentiment is sustained
There’s always a new project grabbing attention in the crypto gaming space. And right now, Memebet (MEMEBET) is in the spotlight. Combining meme culture with online betting, this token is making some big noise. With its presale heating up, investors are starting to ask: Could the MEMEBET token follow in the footsteps of recent hits […]
The iShares Bitcoin Trust is a spot Bitcoin ETF, meaning that it buys Bitcoin directly in the spot cryptocurrency market. It does so without the …
HodlX Guest Post Submit Your Post The 2024 Presidential election of the United States is only a couple of months away. With Joe Biden out of the race, Kamala Harris and Donald Trump from the Democratic and Republican parties, respectively, remain the top contenders for the leadership of the most powerful country in the world. […]
Analyst and trader Justin Bennett is issuing a warning on Bitcoin (BTC) amid the flagship crypto asset’s single-digit correction over the past couple of days. Bennett tells his 111,500 followers on the social media platform X that Bitcoin could fall below $60,000 before trending higher. According to the cryptocurrency analyst and trader, Bitcoin needs to […]
From Trading to Rewards: Why Plus Wallet is Best for Rewards Over NOWPayments The rise of cryptocurrencies has changed the way trading is done. Business owners and traders are always looking for new platforms that offer secure and easy-to-use technology to help them with their transactions. Leading this change are three innovative platforms: Gauss0x, a […]
The Dogecoin price reaching as high as $10 has long been anticipated by the DOGE community who have remained loyal to the meme coin despite various crashes that have rocked the price. Even with Dogecoin sitting more than 85% below its May 2021 all-time high of $0.73, expectations for the meme coin’s performance are still […]
SWIFT said it is uniquely positioned to interlink the fragmented digital asset landscape with its upcoming digital currency trials in 2025.
TL;DR Bitwise’s Strategic Pivot: Bitwise Asset Management has filed for an XRP ETP (Exchange-Traded Product) instead of an ETF, aiming for smoother regulatory approval. Market Reactions: The filing led to a surge in XRP transaction volume and whale activity, indicating strong interest from traders and institutional investors. Social Sentiment and Risks: Positive social media buzz […]
Swyftx analysts identified key factors driving recent trends in the crypto market, focusing on some of the best-performing assets, the current outlook for geopolitical tensions, and how it could affect the crypto market. The conflict in the Middle East has negatively impacted the crypto market, leading to a 2.3% decline in overall market cap and […]
Uptober has failed to prove the bulls right, at least for now, as bitcoin has dropped hard and even slipped to $60,000 yesterday. The altcoins are also in a freefall state, with numerous price drops of 5-6% from the likes of ETH, SOL, LINK, AVAX, and others. Will Bitcoin Lose $60K? It was just several […]
Cardano’s creator Charles Hoskinson teases potential ‘Ripple Test’ as SEC appeals XRP case
We’re thrilled to announce that EIGEN is now available for trading on Kraken! Funding and trading Trading for EIGEN is live as of 04:00 AM UTC today, October 1, 2024. To add an asset to your Kraken account, navigate to Funding, select the asset you’re after, and hit ‘Deposit’. Make sure to deposit your tokens […]
FinTech firm Chime says it has covered $30 billion in overdrafts for its users since launching SpotMe, its free overdraft feature, in 2019.
The chief executive of crypto investment firm Galaxy Digital says that one new factor could be a huge bullish catalyst for Bitcoin (BTC). In a new interview on CNBC’s Squawk Box, billionaire Mike Novogratz says options trading for spot market Bitcoin exchange-traded funds (ETFs) could send the flagship crypto soaring. “The next big jolt to […]
Vivek Ramaswamy has voiced strong criticism against the federal bureaucracy, emphasizing that unelected officials are behind most laws, not Congress. He called for bipartisan efforts to dismantle the regulatory state. Ramaswamy emphasized that reducing bureaucratic power will drive prosperity, quoting key political figures and citing the success of airline deregulation as proof of his argument. […]
Veteran trader Peter Brandt believes that the recent rally of Bitcoin still isn’t enough to flip the long-term bearish trend. While BTC did have a brief surge, he insists it hasn’t reached the levels needed to confirm a bullish reversal. Bitcoin needs to break $71,000 first and then confirm that, says Brandt. And while he […]