Sun, November 17

Australian Crypto Investors Await Clear Regulations as per Swyftx

Jason Titman, CEO of Australian cryptocurrency exchange CEO, Jason titman Swyftx, has noted that millions of potential crypto investors in Australia are hesitant to enter the market due to unclear regulations. Titman predicts that once the regulatory environment stabilizes, between two to six million Aussies will likely venture into cryptocurrency

September 11, 2024 2 mins read

Harris and Trump Odds Shift After The No Crypto Debate

U.S. presidential candidate Kamala Harris’ winning odds in the upcoming presidential election on crypto-based prediction platform Polymarket rose after the presidential debate on Tuesday in Philadelphia. The former president Donald Trump and Harris are at a tie on Polymarket.  Bettors on the prediction platform forecast a 94% chance that Harris

September 11, 2024 2 mins read

Are SHIB Resistance Levels Poised for a Breakthrough?

Shiba Inu (SHIB) is showing signs of recovery after hitting a month-low of $0.00001231 just four days ago. Currently trading at $0.00001346, SHIB has surged 2.51% in the past 24 hours, with trading volume increasing by 46%. Despite this recent uptick, the token is still down 4.13% over the past

September 10, 2024 2 mins read

Is XRP Symmetrical Triangle Signaling a Bullish Breakout?

The crypto market experienced bearish momentum last week but is now seeing a gradual recovery. The market cap stands at $2.01 trillion, up 2.64%, while overall trading volume has surged by 28.83%. Bitcoin has risen 3.4%, trading at $57,145, and top altcoins are following with daily gains of 2-6%. XRP,

September 10, 2024 2 mins read

Is Ethereum (ETH) Price in a Prolonged Slump?

Altcoins have shown mixed signals this week, with Ethereum, the largest altcoin, grappling to hold its ground. Its price remains caught between crucial support and resistance levels, recently dropping below $2,400. Notably, over the past 24 hours, despite price fluctuations, ETH witnessed a moderate spike of 1.52%. At the press

September 10, 2024 2 mins read

FTX Strikes Deal with Emergent Over $600M Robinhood Shares

Bankrupt crypto exchange FTX has reached a settlement with Emergent Fidelity Technologies, a firm co-founded by Sam Bankman-Fried, over more than $600 million worth of Robinhood shares. The deal, disclosed in a motion by FTX CEO John Ray III on September 6 in a Delaware Bankruptcy Court, involves FTX paying

September 10, 2024 2 mins read

North Carolina Senate Passes Bill to Enforce CBDC Ban

The North Carolina General Assembly has passed a bill prohibiting the implementation of a Federal Reserve-issued central bank digital currency (CBDC) within the state, following a Senate override of Governor Roy Cooper’s veto. The Republican-majority Senate voted 27-17 in favor of House Bill 690, surpassing the 60% threshold required to

September 10, 2024 2 mins read

FBI Reports Record $5.6B in Losses from Crypto Scams in 2023

The FBI’s Internet Crime Complaint Center (IC3) has revealed a sharp rise in cryptocurrency-related fraud. Americans lost $5.6 billion in 2023—a 45% increase from the previous year. The IC3’s annual report recorded over 69,000 complaints, underscoring the growing exploitation of digital currencies in various scams. Investment fraud was the most

September 10, 2024 2 mins read

Is Chainlink Price on Track for Steady Gains?

The overall crypto market has fluctuated throughout the past few weeks. Amid the dips in market cap and trading volume, Chainlink (LINK) has recently broken through critical resistance at $10.35, while many cryptocurrencies extended their losses. This resurgence comes with moderate gains of 1.93% over the past 24 hours.  Notably,

September 9, 2024 2 mins read

Why Are Crypto Traders Feeling the Pressure This Week?

The crypto market is on edge this week as it anticipates potential volatility surrounding two major events: the Trump versus Harris debate on September 10 and the Consumer Price Index (CPI) report on September 11. According to QCP Broadcast, while the crypto market has stabilised following last week’s downturn, implied

September 9, 2024 2 mins read