President Donald Trump will use a White House event on Wednesday to spotlight his administration’s efforts against foreign criminal networks that lure Americans into fraudulent crypto investments, a White House official told Reuters. His own family, meanwhile, is heavily involved in soliciting crypto investments. Cabinet Officials Set to Attend Scam Event Cybercrime prevention more broadly […]
The crypto market is back in the green on Wednesday, as several major assets have posted gains. According to Santiment, XRP and Dogecoin are showing potential buying opportunities. Historically Favorable Zones The latest 365-day Market Value to Realized Value (MVRV) data puts DOGE at around 0.74, which suggests that holders who bought over the past […]
The cryptocurrency market has staged an evident resurgence over the past 24 hours, with Zcash (ZEC) once again among the top performers. Many analysts believe this marks the start of a major new rally, while some whales opened long positions worth millions of dollars. Explosion to $2,000 Comes Next? As of this writing, ZEC is […]
Cardano’s ecosystem continues to evolve, with the team introducing several advancements that have drawn the crypto community’s attention. ADA, the project’s native token, is up 4% on a daily basis, yet a combination of bearish factors suggests it may soon head south again. The Latest Updates Earlier this week, several sources revealed that Charles Hoskinson […]
XRP is attempting a recovery after buyers defended the $1.25-$1.30 demand zone earlier this week. Now trading around $1.36, the asset is approaching the upper boundary of its short-term descending channel. This level could decide whether the rebound develops into a broader recovery or fades into another lower high. XRP Price Analysis: The USDT Pair […]
Bitcoin is pushing back toward $86K after buyers defended the $80K short-term demand zone once again, with BTC trading close to $85K. The rebound comes as markets price in roughly a 25% chance of another Fed hike at the late October meeting, following September’s quarter-point increase. Meanwhile, the NVM Ratio has climbed to its highest […]
CryptoQuant contributor MorenoDV_ warns in a new analysis that Bitcoin’s rebound is outrunning stablecoin supply, as Tether’s USDT lost nearly $1 billion in market capitalization in five days. With less fresh dollar supply entering the market, the recovery leans more heavily on buyers already in it. USDT Supply Is Lagging Bitcoin’s Rebound Bitcoin’s recovery “is […]
Although the cryptocurrency markets are open during the weekends, they have become prone to volatility over the past several months, which returns on Monday morning. However, something strange happened over the past several hours: most digital assets experienced a sudden flash crash. It wasn’t an isolated case, as major AI stock perpetuals plunged by up […]
It was a packed week for Ripple and XRP, with Evernorth making its long-anticipated Nasdaq debut after a major merger, Standard Chartered and Cross River expanding RLUSD access, and Ripple Prime pushing further into Wall Street. None of those developments helped the company’s native asset mark any gains – just the opposite. Wall Street and […]
Turkish authorities have arrested Richard James Schueler, better known as Richard Heart, in an Istanbul operation targeting an internationally wanted crypto fugitive. Heart was detained on Wednesday morning along with his wife, identified as A.K., according to local media reports. An update from the country’s Justice Minister, Akın Gürlek, confirmed the news today. The operation […]