The cryptocurrency market has been under bearish pressure, with bearish sentiment driving a 5.58% decline in overall market capitalization. Bitcoin, the leading cryptocurrency, dropped to an eight-day low of $58,034, marking a 5% decline. Ethereum also faced a sharp downturn, briefly falling to a 20-day low of $2,481. Amid this
The tokenized real-world assets (RWAs) gained traction as their market value prediction might target $30 trillion by 2030. A realistic target is observed around $1.3 trillion in tokenized traditional assets. Jamie Coutts, the chief crypto analyst at Real Vision, suggests that Wall Street estimates $10 to $30 trillion in traditional
The cryptocurrency market has been under significant pressure as bearish sentiment led to a 5.58% drop in the overall market cap. Bitcoin, the leading cryptocurrency, plunged to an eight-day low of $58,034, marking a 5% decline. Ethereum also faced a sharp downturn, briefly falling to a 20-day low of $2,481.
Bitcoin (BTC) took a brief plunge yesterday, managed to hover at the $62,000 mark, and wiped off all the gains within the last 24 hours. BTC crashed by over 5.90%, marking one of the largest declines since August. The bears continued to restrain the bulls from recovering, slipping to a
Nasdaq, a major American stock exchange operator, is seeking approval from U.S. regulators to launch options on a Bitcoin index. On August 27, Nasdaq announced its intention to offer index options on the Bitcoin index, providing institutions and traders with a new avenue to hedge their Bitcoin exposure. The proposed
Floki, the popular dog-themed memecoin, has attracted significant market attention in the past 24 hours due to its highly volatile price action. The coin hit a 25-day high of $0.00016248, only to decline by 1.21% shortly after. Despite this dip, trading volume surged by 42% during the same period. Floki
The bears are restraining the bulls from making the move, and the recent bullish momentum of BTC is gradually diminishing. Bitcoin is at a critical juncture, with its price hovering around $62,000. The current price momentum is at a declining pace, down by 1.56% in the last 24 hours. Notably,
Crypto investors are confronted with the daunting task of coordinating their tax responsibilities every time the tax season comes close. Bitget has made great strides in improving the user experience by incorporating KoinX’s strong compliance infrastructure into its platform. Not only does this strategic alliance give thorough assistance with tax
The United States Securities and Exchange Commission (SEC) has initiated legal action against two brothers, alleging their involvement in orchestrating a $60 million Ponzi scheme with a non-existent crypto trading bot. The SEC has filed a complaint in the US District Court for the Northern District of Georgia, Atlanta, against
Bitcoin has rebounded strongly, recently reaching $65,000 after a dip to $49,000 earlier this month. Over the past week, the cryptocurrency has surged by 9%, with a notable boost on August 23 when it crossed the $61,000 mark. This rally has instilled a bullish sentiment among traders and investors. The
