In anticipation of impending legislation, the Dutch Financial Markets Authority (AFM) issued a warning against the dangers of pump-and-dump schemes using cryptocurrencies. On December 30, the Markets in Crypto-Assets Regulation (MiCA) will be put into force. As stated in an official press release by the AFM. Market manipulation methods, such
With inflows of almost $1.1 billion, the United States spot Bitcoin exchange-traded funds had their best week since July 15-19. According to Farside Investors, the best-performing day since June 4 was on September 27th, when $494.4 million was added. The spot Bitcoin ETFs raised $366 million on September 26th, the
With US job statistics due out soon, the crypto market is bracing for a pivotal week. Especially in light of last week’s weaker US PCE inflation statistics, this data would be useful for investors in gauging fourth-quarter market patterns. With anticipation building for a possible “Uptober” surge, traders will also
Bitcoin (BTC) has been making a notable comeback this week, peaking at $66,376—an increase of 1.29% against the U.S. dollar on the day and a solid 5% gain over the past week. After nearly two months of consolidation, Bitcoin appears to be entering a more favorable trend. On September 27,
The cryptocurrency market is gearing up for a potential bullish surge in October, famously dubbed “Uptober,” following a historically positive trend during this month. Uptober, a blend of “Up” and “October,” represents the expected bullish performance of Bitcoin and other altcoins based on historical data. According to Coinglass, Bitcoin has
The beginning of September was crucial for Bitcoin (BTC) which failed to flaunt notable price movements. BTC has faced difficulty maintaining a rally above the $58K mark. The recent price momentum suggests that the leading cryptocurrency might be on the verge of a brief bullish trend. The bears continue restraining
Bitcoin is showing mixed signals as uptober—historically a strong month for the cryptocurrency—unfolds. After reaching a one-month high of $64,817 with a bullish surge, Bitcoin has since dropped 1.05% over the last 24 hours, trading at $63,602.91. Adding to the uncertainty, trading volume is down by 15%, reflecting a market
The cryptocurrency market, much to the delight of the investors, turned bullish last week. Leading cryptocurrencies recovered from their downward trajectory, sustaining over the previous fortnight. Meanwhile, the crypto community also rejoiced at a pro-crypto statement from the US Democrats’ candidate, Kamala Harris. However, in the last 24 hours, Bitcoin
Bitfarms and Bitcoin miner Riot Platforms Inc. have settled their months-long dispute over Riot’s intended takeover attempt. This development comes in the lead-up to Bitfarms’ Special Meeting of Shareholders on November 6th. Both firms’ stock prices are out of the red zone and are expected to surge. Riot Platforms Inc.
Bitcoin, the world’s largest cryptocurrency, has once again sparked excitement within the market by reaching a 25-day high of $64,745 just hours ago. Over the past 24 hours, Bitcoin’s trading volume has surged by 86%, rekindling optimism among traders. Many in the crypto community are already calling it a taste
