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Search Results for: Cryptocurrency

Bitcoin Rebounds From Recent Lows, Surges Back to the $28K Mark

Bitcoin (BTC), the world’s leading cryptocurrency, has seen a significant rebound from its recent lows, surging back to the $28,000 mark after hitting support levels. The cryptocurrency had sharply declined in the past few weeks, leading many to believe that the much-anticipated bull run might be over. However, the recent

April 3, 2023 2 mins read

Bakkt Completes Acquisition of Apex Crypto

Acquisition is expected to significantly expand client verticals, drive scale, and bolster path to profitability Parties Secure all Regulatory Approvals ALPHARETTA, Ga.–(BUSINESS WIRE)–Bakkt Holdings, Inc. (NYSE: BKKT) (the “Company” or “Bakkt”), a technology platform that unlocks crypto and drives loyalty, today announced that the Company has completed its acquisition of

April 3, 2023 5 mins read

Japan Warns Four Crypto Exchanges for Unregistered Operations

Japan’s Financial Services Agency (FSA) has warned and classified four cryptocurrency exchanges – Bybit, MEXC Global, Bitforex, and Bitget – as “unregistered crypto asset exchange business operators.” The regulator confirmed that the listed crypto exchanges violated the “Fund Settlement Act” and conducted their operations without registration “at the time of

April 3, 2023 2 mins read

Bullish Monthly Close for Bitcoin (BTC) in March 2023

The monthly close of Bitcoin in March has painted a bullish picture, indicating a strong potential for the cryptocurrency to continue its upward momentum. This is an especially encouraging sign as the month also saw a significant increase in volatility. Above all the prices dropping as low as $50,000 before

April 3, 2023 1 min read

Justin Sun to Focus on Crypto Regulation as Ambassador Term Ends

On March 31st, Justin Sun, founder of Tron, stepped down from his position as Grenada’s Ambassador to the World Trade Organization (WTO). Sun’s diplomatic status comes to an end amid the Securities and Exchange Commission (SEC) charged the Tron CEO with fraud and market manipulation. As my term as the

April 3, 2023 2 mins read

Cardano (ADA) Price Faces Strong Resistance Before Possible Rally

Cardano’s native coin ADA has experienced notable price fluctuations lately, placing it in the top 10 cryptocurrencies by market cap. ADA has increased by about 50% since the beginning of 2023, and it is now trading at $0.3921 with a market worth of $13.6 billion. Cardano (ADA) has, however, been

April 3, 2023 1 min read

Will Dogecoin Uphold a Bullish Rally to $0.1?

The anticipation toward Bitcoin’s bull run continues to dominate the market sentiment. Concurrently, the eighth-largest cryptocurrency Dogecoin (DOGE) staged a notable price rally in the last week after its extended bearish period. As per the above daily time frame chart, DOGE’s 9-day exponential moving average (9-EMA) is found over the

April 3, 2023 2 mins read

Inscriptions On Bitcoin Ordinals Increased Owing to BRC-20 Tokens

The amount of Ordinals inscribed on the Bitcoin network has reached a new daily all-time high (ATH), due to the blockchain’s token standard, which just recently introduced. On April 3, Bitcoin Ordinals reached 759,285 inscriptions.  As its launch in January, ordinals, a protocol that allows content like text and art to

April 3, 2023 1 min read

ARB Falls as Arbitrum Proposal Drives Controversy in the Community

The Arbitrum Foundation started to clarify its stance on the recent controversy surrounding its token allocation process, which led to a 6% decline in the price of the ARB token.  Following a loud uprising by holders of the ARB token, Arbitrum fell over the weekend as the network struggled to

April 3, 2023 1 min read

Elon Musk Led SpaceX To Carry 62 Bitcoins to Moon This Year

The popular cryptocurrency company LunarCrush has announced plans to send a “treasure” to the moon. In this case, the prize will be the private key to a cryptocurrency wallet containing precisely 62 Bitcoins, or almost $1.7 million at the current exchange rate. The spaceship will have the secret code engraved

April 2, 2023 1 min read