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Search Results for: crypto market

XRP Eyes Breakout as Bulls Dominate Post Brief Correction

As November began, the cryptocurrency market was led by bulls. Major cryptocurrencies including XRP have seen large price increases as a consequence of this revived bullish trend. According to Whale Alert’s reporting as of today, November 11th, a massive whale movement has occurred, with over 39 million XRP being transferred

November 11, 2023 2 mins read

Bitcoin Bulls Strive To Shatter Key Resistance Barrier

Recent substantial spikes in the crypto market may be attributed to a confluence of optimistic events in the industry.  BlackRock was the primary catalyst as the company filed for a spot ether ETF with the State of Delaware, which drove the prices of most cryptocurrencies.  Market confidence has been strengthened

November 11, 2023 2 mins read

China Imposes Criminal Penalties for Theft of Digital Collections

The government of China issued a statement on November 10 stating that those caught stealing digital collections, including non-fungible tokens (NFTs), will face criminal penalties. It provides three different perspectives on whether or not the theft of digital collections is a data theft, digital property theft, or both. Nonetheless, the

November 10, 2023 2 mins read

Justin Sun Offers 5% Bounty for Returning Poloniex Stolen Funds

Justin Sun, who recently acquired crypto exchange Poloniex offered a 5% reward to the hackers who looted over $126 million in assets. Justin sent an update on Twitter on November 10 after suffering a devastating loss, pleading with the attackers for a refund within seven days. Moreover, Justin Sun offered

November 10, 2023 1 min read

Solana on Brink of Hitting $50 as Sustained Bull Run Continues

The crypto market is now in a bullish trend, with Bitcoin trading firmly over $36,000 and altcoins enjoying huge increases. With Ethereum’s recent price increase, the cryptocurrency market as a whole has been trading in the green. The price of Solana (SOL) increased thanks to the general upbeat mood in

November 10, 2023 2 mins read

Bakkt Announces Expansion of International Footprint and Custody Client Base

The company expects to be live with crypto capabilities across new Latin American, European and Asian markets by year end ALPHARETTA, Ga.–(BUSINESS WIRE)–Bakkt Holdings, Inc. (NYSE: BKKT) announced today its planned expansion of crypto capabilities into numerous international markets with both existing and newly-signed clients by year end. Latin America:

November 10, 2023 3 mins read

Robinhood’s CEO Vlad Tenev Envisions a Promising Future for Bitcoin

On a recent earnings call, Robinhood Markets Inc. CEO Vlad Tenev spoke optimistically about Bitcoin’s future and its prospects as a mainstream asset, suggesting that a Bitcoin ETF would be possible in the future. Meanwhile, Tenev provided details on the company’s European development ambitions and the upcoming launch of brokerage

November 8, 2023 2 mins read

Cardano (ADA) Attracts Accumulation As Price Holds Steady

Cardano (ADA) has seen a surge in large investments despite little price movement, according to data from analytics provider IntoTheBlock. Over $600 million worth of ADA has recently been accumulated in the $0.249 to $0.271 price channel. This indicates major investors are taking positions in anticipation of a breakout. An

November 7, 2023 2 mins read

Uniswap Price Eyes $6 as Bullish Chart Patterns Emerge

Uniswap native token, UNI, looks poised for additional upside after breaking out of key chart patterns, according to recent technical analysis by crypto trader Ali. In a tweet, Ali highlighted bullish formations on both Uniswap’s daily and 4-hour price charts that point to a target of around $6 for UNI.

November 7, 2023 1 min read
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