VELO has emerged as a standout performer, reaching a nearly two-year high at $0.02861, marking a remarkable 13-month peak. Dubbed the “XRP of South East Asia,” VELO has been capturing the attention of crypto traders with its meteoric rise, surging by 113% in just a month. With its current trading
Bitcoin has been navigating choppy waters, trading at approximately $62.8K with a recent uptick of 2.06%. And, the trading volume has seen a modest increase of 0.99%, currently standing at $25 billion. Moreover, Bitcoin has experienced a downturn of 9.45% in the past month, marking a challenging period for investors.
US House of Representatives passed a resolution to overturn a contentious Securities and Exchange Commission (SEC) bulletin concerning accounting standards for cryptocurrency custodians. The resolution, passed by a vote of 228-182, garnered significant support from Republicans and 21 Democrats, underscoring growing tensions between legislative preferences and regulatory measures within the
The onset of 2024 brought with it the hype of an impending bull run, embracing a diverse range of participants including new explorers, established institutions, and investors. Events starting from the debut of spot Bitcoin ETFs in the US, BTC’s new ATH at $73K, Ethereum’s Dencun, memecoin frenzy, and Bitcoin
Securities and Exchange Commission (SEC) Chairman Gary Gensler’s recent remarks regarding the classification of Ethereum have sparked a flurry of responses within the crypto community. While Gensler refrained from directly addressing whether Ethereum should be classified as a security or a commodity, he commented on investor protection and regulatory concerns.
Bitcoin (BTC) has recently experienced a whirlwind of events, showcasing its volatility and resilience in equal measure. Over the past month, the crypto landscape has seen significant developments, ranging from regulatory approvals to protocol launches, ultimately influencing BTC’s price trajectory. Hong Kong’s approval of spot Bitcoin and Ethereum exchange-traded funds
As the crypto market continues to experience volatility, the options market is gearing up for a significant expiration event. On May 2nd, 2024, 23,000 Bitcoin (BTC) options contracts with a notional value of $1.4 billion are set to expire. The Put Call Ratio for these options is 0.49, indicating a
In the first quarter of 2024, the crypto sphere found itself navigating turbulent waters, with Bitcoin’s highly anticipated halving event failing to produce the expected bullish momentum. The onset of may brought with it a continuation of this bearish sentiment, as Bitcoin plummeted to a two-month low of $56,486, marking
Identifying the next big opportunity can be akin to finding a needle in a haystack. Yet, for those who closely follow the insights of expert traders, such opportunities can become more apparent. Recently, a prominent trader on YouTube has caught the attention of crypto enthusiasts worldwide by identifying three cryptocurrencies
Losses stemming from hacks in the crypto sector fell by 67.9% in April to $60.2 million, compared to March 2024, as reported by blockchain security firm PeckShield Alert. According to the report, over 40 hacking incidents drained this sum across multiple protocols within the on-chain ecosystem. While this is significantly
