In the past two weeks, bitcoin has experienced a market correction of around 11% and even more evident volatile rides. Although the leading crypto asset recently briefly rebounded to $58,000, its price still has a long way to go before it regains its all-time high levels. On-chain data from the blockchain market intelligence firm Santiment […]
On Sept. 11, the UK government introduced the “Property (Digital Assets) Bill,” which means that digital holdings, including cryptocurrency, non-fungible tokens (NFTs) such as digital art, and carbon credits, can be considered personal property under the law. “Tech-savvy owners of Bitcoin and other digital assets will benefit from greater legal protection thanks to an important clarification to […]
According to a late Tuesday filing from her lawyers, Caroline Ellison, the former CEO of Alameda Research, should be sentenced to time served and supervised release. The request comes ahead of her scheduled sentencing on September 24, 2024, for her involvement in the collapse of the cryptocurrency exchange FTX. Extraordinary Cooperation In the Tuesday filing, […]
On Sept. 10, ITC Crypto founder and CEO Benjamin Cowen identified a wedge chart pattern this cycle similar to previous cycles in 2019 but several orders of magnitude larger. He said that the ETH/BTC structure bottomed after an interest rate cut in 2019, and it appears to be mirroring that pattern now with an impending […]
The Donald Trump-themed meme coin MAGA (TRUMP) has tanked 15% over the past 12 hours following a less than convincing performance in the presidential debate held on Sept. 10. TRUMP hit an intraday high of $3.42 before his showdown with Democrat rival Kamala Harris. However, it dumped to $2.89 as the debate went on, and […]
TL;DR The XRP Ledger (XRPL) will implement a major amendment in two weeks to enhance its Automated Market Maker (AMM) feature. Ripple’s XRP has seen a slight price decline, with a 1% drop over the past 24 hours and a 7% decrease over two weeks, despite recent updates. Activation in Two Weeks The team behind […]
Japanese investment firm Metaplanet Inc. announced today that it has purchased an additional 38.464 BTC, worth approximately 300 million yen ($2 million). The Tokyo-listed company disclosed that this purchase brings its total Bitcoin reserves to 398.832 BTC, worth around 3.75 billion yen ($26 million). Metaplanet’s Shares Soar 5.87% Following the announcement, the company’s stock rose […]
GS Partners, a European-based entity involved in multiple cryptocurrency investment schemes, has agreed to refund all funds to investors in a settlement with five U.S. states. The agreement will see the firm pay back 100% of investor deposits in exchange for the dismissal of all civil claims and ongoing investigations. Investors Will Get Full Refunds […]
TL;DR The meme coin market saw a strong recovery on September 10, with significant gains from tokens like DOGE, SHIB, POPCAT, and KOIN. Neiro (NEIRO) jumped 450% weekly after being listed on Binance and other leading crypto exchanges. A Green Day at Last The meme coin sector suffered painful losses in the past several days, […]
Bitcoin’s price continues to show high levels of correlations with the landscape around the spot ETFs. This was further proven by the price actions on Monday evening. BTC jumped to over $58,000 for the first time in five days as the ETFs broke a two-week-long streak. Over the weekend, CryptoPotato reported the negative streak the […]