Category: Latest News in cryptocurrency world

Cardano is encountering a period of adversity as it finds itself trading below the 200-day Exponential Moving Average (EMA), a key long-term moving average often utilized to assess trend shifts. The breach of this threshold typically signifies a bearish sentiment, indicating a lack of bullish conviction. However, amidst these challenges, there appears to be a…

Summary Ethereum’s Supply on Exchanges increased in the last few days.  ETH was down by over 2%, and indicators looked bearish ETH Over the past week, Ethereum (ETH) has experienced a significant outflow from exchanges, coinciding with a bullish price action. However, in the last 24 hours, the market sentiment turned bearish. Did this downturn…

In recent days, a fascinating inquiry has surfaced within the realm of cryptocurrency, particularly focusing on Ripple’s Stablecoin and its potential implications for the broader XRP ecosystem. This inquiry has sparked a lively and intricate debate, drawing the attention of enthusiasts, investors, and industry experts alike. At the heart of this discussion are statements attributed…

In a significant development, Hong Kong has approved spot Bitcoin and Ether ETFs, marking a historic milestone in the cryptocurrency market. However, hopes for similar approval in the United States are clouded by regulatory hurdles. Recent discussions between U.S. issuers and the Securities and Exchange Commission (SEC) regarding potential Ether-linked exchange-traded funds (ETFs) have left…

Shiba Inu, a cryptocurrency that has captured the hearts of many with its vibrant community and trailblazing initiatives, has recently unveiled its highly-anticipated roadmap for the Shibarium ecosystem. This roadmap serves as a beacon of innovation, illuminating the path for numerous groundbreaking developments slated to unfold during the dynamic 2024/2025 cycle. Picture this: a tapestry…

Story Highlights     The crypto market lost over $110 billion in value in 24 hours, with Bitcoin dropping below $64,000.     Bitcoin has seen high fluctuations, including a drop below $60,000 earlier, and technical indicators suggest a potential further pullback.     Bitcoin has fallen in the last month and failed to act as a safe haven during recent…

ConsenSys, a prominent player in the blockchain and cryptocurrency space, has launched a bold legal offensive against the U.S. Securities and Exchange Commission (SEC) with the filing of a lawsuit in a federal court situated in Texas. At the heart of this legal battle lies the contentious issue of how the SEC classifies Ethereum’s native…

BitMEX CEO Arthur Hayes recently took to Twitter to encourage crypto enthusiasts to seize the bullish opportunities in the market. Known for his characteristic wit and unwavering confidence, Hayes dismisses any bearish sentiments surrounding cryptocurrencies. In his tweet, Hayes advocates for a “buy the dip” strategy, implying that there is ample potential for substantial profits…

A recent report from analyst and legal advisor Metalaw shines a spotlight on a pivotal moment in the cryptocurrency landscape: the bold initiative undertaken by New York Attorney General (NYAG) Letitia James approximately a year ago. Attorney General James captured attention by suggesting that Ethereum, a significant entity within the cryptocurrency realm, should be classified…

Get ready, crypto enthusiasts! A daring forecast from renowned analyst Titan of Crypto is causing ripples of excitement in the market. Is Bitcoin gearing up for an extraordinary rally, potentially skyrocketing to a pinnacle of $200,000 by May 2025? But let’s not stop at the headline. Let’s delve deeper into the rationale behind this captivating…