The price of Bitcoin (BTC) dropped below $43,000 again, and several altcoins also seemed sluggish. Ethereum (ETH) has been consolidating around the $2,300 mark for some time now. Nonetheless, on-chain evidence points to a possible substantial upswing in the near future. Forecasts for future rises are being made by experts
Despite Bitcoin’s (BTC) attempts to breach the $43,500 resistance level, it faced challenges in extending its gains, slipping below $42,800 in recent trading sessions. At the time of writing, Bitcoin was trading at $42,701, with a slight decline of 0.57% in the last 24 hours. In contrast, BlackRock and Fidelity’s
President Nayib Bukele of El Salvador appears set to continue his presidency for another five-year term, with exit polls indicating an overwhelming lead shortly after voting concluded on Sunday. The outcome was widely anticipated, given Bukele’s substantial popularity and a significant lead in pre-election polls. “According to our numbers, we
Bitcoin, the pioneer of cryptocurrencies, has experienced its fair share of highs and lows since its inception in 2009. From its record-breaking all-time high of $69,000 in November 2021 to its dip to $22,700 in January 2023 and the retracing to above $40,000 in 2024, Bitcoin’s journey has been a
Welcome to the whimsical yet surprisingly serious world of Hectic Turkey, where cryptocurrency gets a flavorful twist. This isn’t just a memecoin; it’s a banquet of innovation and community spirit, served on the robust plate of the Binance Smart Chain. Get ready for a financial journey that’s as engaging as
Genesis Global Capital, a defunct cryptocurrency lender, has filed a fresh motion with the United States Bankruptcy Court for the Southern District of New York, requesting permission to liquidate almost $1.4 billion worth of trust assets. Genesis, a division of the Digital Currency Group (DCG), reportedly has $1.4 billion in
John Reed Stark, a former member of the U.S SEC, has hinted that the legal team may be trying to benefit from the bankruptcy proceedings via the FTX restructuring plan. Given the large gains made by the legal team during bankruptcy proceedings, Stark said in a post on twitter that
In the role of Deputy Chief Compliance Officer, Binance has recruited Steve Christie, formerly of the cryptocurrency exchange’s Senior Vice President of Compliance. Christie will collaborate with regulators, industry heavyweights, and others to ensure that Binance remains in line with regulatory procedures while also strengthening the crypto exchange’s worldwide compliance
Cardano (ADA) has seen its price fall in recent months, declining under a long-term resistance level and failing to break out above $0.50. With bearish technical indicators, ADA could be headed for a drop as low as $0.38, presenting a 30% downside risk for investors. Meanwhile, the fairly new Pandoshi
Cryptocurrencies have evolved from being a niche interest to a global financial phenomenon. While many early investors have already realised substantial gains, the crypto market continues to offer opportunities for those looking to build substantial wealth. February 2024 presents an exciting landscape for crypto enthusiasts and investors alike. In this
