Bitcoin’s recent price movement has dived to the $27,000 level, sparking concerns among traders and investors. As the market sentiment shifts, all eyes are now on a crucial support level at $26,600. The cryptocurrency’s ability to hold this support level will determine its next move and could potentially set the tone for the near-term price…
Read more
Crypto exchange Bybit has announced plans to exit Canada, citing growing regulatory scrutiny in the country. “In light of recent regulatory development, Bybit has made the difficult but necessary decision to pause the availability of our products and services,” the crypto platform said in a Tuesday blog post…. Read More: Bybit Joins Binance in Exit from…
Read more
The cryptocurrency market has been affected this week by uncertainty surrounding the U.S. debt ceiling vote and potential interest rate hikes. While legislation to raise the debt ceiling and cut government spending was introduced in the House of Representatives on Tuesday, the market remains on edge due to the bill’s unclear fate until it is…
Read more
Japanese firms can now issue stablecoins, after a long-awaited piece of legislation came into effect today. The revised Payment Services Act was promulgated at midnight on June 1, 2023. Under the terms of the act, all token-issuing firms must be able to prove they have the underlying assets that back their coins. And only regulated…
Read more
Things aren’t looking good for Terra Luna Classic (LUNC). The cryptocurrency, which powers the original Terra blockchain that experienced catastrophe after its associated algorithmic “stablecoin” UST lost its 1:1 per to the US dollar last May, was last trading around 3% lower on Wednesday in the $0.000084 area…. Read More: Terra Luna Classic Price Prediction…
Read more
Sam Bankman-Fried, the disgraced founder of cryptocurrency exchange FTX, is preparing to argue that he relied on the advice of Silicon Valley law firm Fenwick & West in his defense against fraud charges. On Tuesday, his lawyers requested that prosecutors turn over documents that were provided to the government by the California-based firm between 2017…
Read more
In a swift turn of events, Bitcoin’s value dipped nearly 2.50% in today’s cryptocurrency market, causing a significant stir among investors and stakeholders. This unexpected drop in Bitcoin’s price is the latest in a series of fluctuations that have been characteristic of this digital currency. … Read More: Bitcoin Price Prediction: BTC Drops by Almost 2.50%…
Read more
Investors are always on the lookout for the next big meme coins that are gaining popularity. Even if they have missed out on tokens that have already experienced a significant surge, the market consistently offers promising opportunities. By identifying the right one, your investment portfolio has the chance to achieve substantial growth…. Read More: Doge…
Read more
South Korean police have shut down two suspected crypto scams they think are worth a combined $350 million, with hundreds of victims believed to have been duped. Per Joongboo Ilbo, one case involved a “virtual fashion items” marketplace. This appears to have tricked at least 435 “victims” out of a whopping $333 million…. Read More:…
Read more
Low market cap coins not officially linked to Andrew Tate, have pumped thousands of percent on Uniswap before crashes of over 95%. Tate (TATE) was the top daily gainer on DEXTools yesterday, which charts DEX coins, at one point being up approximately 50,000%. Influencer and former kickboxer Andrew Tate hasn’t mentioned any $TATE coin on…
Read more
