The crypto market continues to exhibit cautious trading and consolidation after experiencing recent volatility. Bitcoin and Ethereum, the two leading cryptocurrencies, are currently experiencing minor price fluctuations, showing signs of recovery after significant corrections. Bitcoin is currently trading around $41,960, experiencing a slight decrease of only 0.17% in the last 24 hours. On the other
The Chairman of the Commodities Futures Trading Commission (CFTC), Rostin Behnam, has expressed his belief that most cryptocurrencies should be classified as commodities under existing laws. In an interview on CNBC’s Squawk Box, Behnam emphasized the necessity of updating regulatory frameworks to account for technological advancements in the digital asset space. This article explores Behnam’s
LFNTY Coin, a Solana-based altcoin, has experienced an impressive 20,000% gain in the past 24 hours. This surge has propelled its trading price to $1.6521 on the Orca decentralized exchange. The coin was recently listed on Orca, and within a day, its price skyrocketed from an opening price of $0.005964 to $1.09. One of the
In a recent announcement by the National Vulnerability Database (NVD), a critical vulnerability has been identified in Bitcoin. This vulnerability has the potential to impact the Ordinals Protocol, which was developed in 2022. The NVD, overseen by the National Institute of Standards and Technology (NIST), plays a crucial role in cataloging and disseminating information about
Bitcoin has once again tested the crucial support level of $40,000, signaling a potential bearish trend. Despite a recent attempt at a recovery, the cryptocurrency must surpass the $42,350 mark to regain momentum and move into a positive zone. However, with its current trading position below $43,600 and the 100 hourly Simple Moving Average, there
Bitcoin’s highly anticipated halving event is drawing closer, and investors are eagerly speculating whether it will ignite another remarkable bull market like those seen in the past. Mitchell Askew, Head Analyst for Blockware Solutions, believes that not only will the halving bring forth further gains, but its impact will continue to maintain exponential strength in
The crypto market has been a subject of great interest and speculation in recent years. The volatility and potential for high returns have attracted many investors, both institutional and retail. In a recent analysis by ETC Group’s Head of Research, Andre Dragosh, the current state of the crypto market was carefully examined. The analysis shed
Enjin, a prominent player in the world of non-fungible tokens (NFTs), has achieved a groundbreaking feat by migrating more than 200 million NFTs from Ethereum and its sidechain JumpNet to the Enjin Blockchain. This transition marks a significant milestone in the fast-evolving realm of digital assets. Let’s delve into the details of this momentous event
Social media activity surrounding Injective Protocol (INJ) has been steadily increasing, making it the second-most mentioned token on social media platforms after Bitcoin (BTC). This surge in interest is a positive development for the project, as it highlights the growing attention and awareness surrounding INJ. According to recent data from AlphaScan, INJ has received nearly
Finding success in the volatile cryptocurrency market can often feel like searching for a needle in a haystack. While stories of overnight millionaires may capture our imagination, the reality is that successful investing in this space requires extensive research and a high tolerance for risk. However, the emergence of AI-driven platforms has introduced a new
