Ethereum co-founder Vitalik Buterin has been in the news of late with his 760 ETH withdrawal–a move that raised eyebrows as speculations about what such external wallet transactions by him could do to the Ethereum market. Transactions are part of a broader trend that has seen wallets associated with Buterin and the Ethereum Foundation actively…
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The Australian Federal Court ruled that Kraken’s fiat margin extensions are subject to regulatory obligations, but crypto margin extensions are not. Kraken acknowledged the decision but stressed the need for clearer crypto regulations in Australia. Following the ruling, Kraken adjusted its margin product to restrict fiat margin trading for non-wholesale investors, while crypto margin extensions…
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The U.S. Securities and Exchange Commission (SEC) has issued a bulletin warning about the risks of bitcoin and ether exchange-traded funds (ETFs), highlighting their speculative nature. The regulator urged investors to consider potential issues like price volatility, fraud, and lack of regulatory oversight. SEC Warns Investors About Risks in Bitcoin and Ether ETPs The U.S.…
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10x Research, a digital asset research platform for traders and institutions, has unveiled a foreboding forecast for the price of Bitcoin (BTC). Highlighting current market conditions and Bitcoin’s recent price dynamics, the research firm projects a massive price crash to $45,000 soon. Bitcoin $45,000 Price Crash Incoming 10x Research has released a report outlining several market…
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Bitcoin may rise to $90,000 by the end of the year if former U.S. President Donald Trump wins the presidential election, according to brokerage and research firm Bernstein. The firm’s analysts believe that Trump’s pro-crypto stance and regulatory reforms could boost the cryptocurrency market while a Kamala Harris victory may cause bitcoin to fall below…
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Bitcoin has faced significant price fluctuations marked by a notable crash on August 5 that saw its value dip to $49,000. This was followed by a rebound to approximately $65,000, only to experience another decline to around $52,000 last Friday. Despite these challenges, the largest cryptocurrency by market capitalization is undergoing crucial support retests, reminiscent…
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Crypto analyst Trader Tardigrade has made an ultra-bullish prediction for Dogecoin (DOGE), suggesting that the foremost meme coin will rise to $3.7. The analyst also provided insights into when this meteoric rise will happen. When Dogecoin Will Rise To $3.7 The accompanying chart, which Trader Tardigrade shared in his analysis, showed that Dogecoin will rise…
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With its overall market valuation down about 30% from its March 2024 record of $2.89 trillion, the cryptocurrency market is reaching a turning point. Investors are worried as the market cap as of September 8, 2024, is $1.93 trillion. Nonetheless, a recent BTC price forecast indicates that Bitcoin is anticipated to rise by 83.70% in…
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Grant Thornton’s review of Liminal’s infrastructure revealed no signs of any security breach within its frontend or backend systems, according to Liminal. Following a breach at Wazirx that resulted in the theft of over $230 million, internal and third-party investigations at Liminal identified a data discrepancy, though no security vulnerability was uncovered. The company emphasized…
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QCP Capital notes that the highly anticipated debate between former President Donald Trump and current Vice President Kamala Harris may have a significant impact on the crypto market. Both figures, who are among the most polarizing in recent U.S. political history, are expected to influence price action in the days leading up to the debate.…
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