TL;DR Ever since its official launch roughly a month ago, the PI token has gone through a volatile ride but the past week or so has been extremely painful. The project announced an important partnership in the past 24 hours – can it stop the substantial correction that pushed its price below $1? Recall that […]
TL;DR The XRP army got the news it was waiting for earlier this week, as company CEO Brad Garlinghouse triumphantly announced the closure of Ripple’s legal case against the SEC. With such a big burden behind it, how high can XRP go? Here’s what ChatGPT had to say. How High (XRP)? The native token of […]
South Korean financial authorities are considering imposing sanctions on several crypto exchanges that have failed to comply with local regulations. According to a report from local media Korea Economic Daily, the crypto exchanges include BitMEX, KuCoin, CoinW, Bitunix, and KCEX. S. Korea to Sanction Crypto Exchanges The Financial Intelligence Unit (FIU) of South Korea’s Financial […]
South Korean prosecutors have launched an investigation into Bithumb over allegations that company funds were misused to purchase an apartment for its former CEO. The Seoul Southern District Prosecutors’ Office conducted a search and seizure operation on March 20 at the company’s headquarters in Yeoksam-dong, Seoul. The Alleged Purchase According to local media reports, Bithumb […]
TL;DR Ethereum remained one of the altcoins that failed to chart a new all-time high during the most recent bull cycle and now stands 50% away from its local peak. However, ETH holders have continuously removed the number of tokens sitting on exchanges, which could suggest that a price rally could finally be around the […]
Ripple CEO Brad Garlinghouse expects the native token to be included in the White House’s proposed digital asset reserves and anticipates an XRP exchange-traded fund (ETF) to debut before 2025 ends. His comments, made in a Bloomberg Markets interview, followed news that the U.S. Securities and Exchange Commission (SEC) has abandoned its appeal in its […]
In crypto trading, timing is everything and can be the difference between huge profits or disappointing losses. This was made quite clear recently when a crypto whale pocketed $1.8 million in profits from Aave (AAVE) trades but left a staggering $10.9 million on the table due to a poorly timed exit. The whale, identified by […]
David Sacks, AI and czar for the White House, has criticized the media for what he described as an unfair portrayal of his decision to liquidate his digital asset holdings. He clarified that the move was not a reflection of lost confidence in digital assets but a necessary step to comply with government ethics rules. […]
The crypto market is stuck in “no man’s land,” with stagnation and speculation shaping its uncertain future. This is according to crypto analyst Aylo, who says the sector is struggling to find direction, with prices dropping significantly and triggers for bull runs becoming rare. Stagnation and Weak Demand Weigh on Crypto In a lengthy post […]
Recently, both North Carolina and Minnesota have introduced legislation aimed at expanding Bitcoin adoption amidst a growing trend among US states to explore cryptocurrency reserves. In North Carolina, the State Senate has passed SB327, a bill that authorizes the State Treasurer to allocate up to 10% of its public funds into Bitcoin. North Carolina, Minnesota […]