The recent appearance of the death cross indicator on Bitcoin’s chart has stirred discussions among crypto analysts, with Benjamin Cowen weighing in on the potential impact of this bearish signal. The $62,000 price level has now become a crucial threshold for Bitcoin to avoid another price crash, as failing to hold above it could lead
Crypto exchange Gemini co-founder Tyler Winklevoss recently criticized the crypto stance of Vice President Kamala Harris, referring to it as a “scam” in a post on Friday. This critique comes on the heels of Harris’s absence from a roundtable discussion with crypto leaders on Aug 8. Winklevoss did not hold back in highlighting the issues
The past week saw significant volatility in the market, with spot Bitcoin and Ethereum ETFs receiving a lot of attention. The week started off on a negative note, with almost $240 million leaving Bitcoin ETFs, marking their worst day in three months. The trend continued into the new week, with $168.4 million being withdrawn. Grayscale’s
In the late 1990s, during one of Berkshire’s shareholder meetings, Charlie Munger famously declared, “The first $100,000 is a b—-, but you gotta do it.” He emphasized the importance of attaining that milestone, no matter the sacrifices required. This sentiment resonates in the world of Bitcoin, where over 450,000 BTC addresses now hold Bitcoin valued
Celsius, a crypto lender that filed for bankruptcy two years ago, is now taking legal action against Tether for an alleged mishandling of over $800 million worth of BTC. According to the lawsuit filed on August 9 in the US Bankruptcy Court for the Southern District of New York, Celsius claims that Tether violated their
Opeyemi is not just your average writer – he is a passionate enthusiast in the exciting and ever-evolving cryptocurrency realm. Despite not initially choosing the digital asset industry, he has been captivated by it for over two years now. His dedication shines through as he delves into the complexities of blockchain technology and shares valuable
Recently, Ripple faced a major development in its lawsuit with the SEC when Judge Analisa Torres ruled that the company must pay a $125 million fine for violating securities laws. This amount is significantly lower than the initial $2 billion demanded by the regulator, leading many in the industry to see this decision as a
When U.S. District Court Judge Analisa Torres handed down a fine of just over $125 million in the Ripple-SEC case, it was significantly lower than the $2 billion penalty initially sought by the SEC. This decision set off a surge in XRP price, with the cryptocurrency climbing the market cap leaderboards and experiencing a 24%
Whistleblowers play a crucial role in maintaining integrity in the financial markets, especially in the fast-growing digital asset space. The recent award of over $1 million by the Commodity Futures Trading Commission (CFTC) to a crypto whistleblower highlights the significance of individuals coming forward with information about misconduct. The information provided by the whistleblower enabled
When looking at the comparison between Ethereum and Solana, it is evident that Ethereum has several vulnerabilities that are plaguing the blockchain. Despite being the second largest cryptocurrency by market capitalization, Ethereum has been criticized by legendary crypto trader and analyst, Peter Brandt. He describes ETH as a difficult network to use, likely due to