Binance, the world’s largest cryptocurrency exchange, is back in India after a seven-month ban. The exchange has registered with the country’s Financial Intelligence Unit (FIU), marking a significant step towards compliance with local regulations. Overcoming Regulatory Hurdles Binance’s return comes after a period of regulatory challenges. The FIU fined the exchange a record $2.25 million…
Ethereum, the leading smart contract platform, has been lagging behind other cryptocurrencies lately. But despite its recent struggles, experts believe it’s poised for a comeback. Why Ethereum Has Been Struggling Ethereum has faced several challenges in recent years: Bitcoin’s “digital gold” narrative: Bitcoin’s simplicity as a store of value has made it easier for new…
Crypto analyst Michaël van de Poppe thinks Ethereum (ETH) might be about to take off. He’s looking at the recent trend of money flowing into new Ethereum exchange-traded funds (ETFs). ETFs Are Key Van de Poppe says that for the first time, there were no outflows from Ethereum ETFs on Monday. He believes that if…
Crypto analyst Jason Pizzino thinks the recent crypto market downturn might be over. He’s seeing some positive signs that suggest we’ve hit the bottom. Signs of a Bottom Pizzino points to a few key indicators: 50% Retracement: The total crypto market capitalization bounced back after hitting the 50% retracement level on the weekly chart. This…
A popular crypto analyst, Benjamin Cowen, thinks Ethereum (ETH) might have reached its lowest point against Bitcoin (BTC). He’s looking at the historical price action of ETH/BTC and sees a pattern that suggests the current price could be the bottom. A Bit of a Catch However, Cowen isn’t completely sure. He points out that in…
Crypto analyst Kevin Svenson is predicting a big jump for Bitcoin. He believes that the recent rebound in the stock market could fuel a Bitcoin rally, potentially pushing the price to a new all-time high. Stock Market Rebound Fuels Bitcoin Optimism Svenson points to the S&P 500 stock index, which has recovered strongly after a…
Bitcoin’s price has been stuck in neutral lately, with investors unsure about what’s next. Crypto analyst Michael van de Poppe thinks Bitcoin could take a tumble, potentially dropping as low as $48,000. Inflation Report and Bitcoin’s Fate Van de Poppe says if the Consumer Price Index (CPI) inflation report comes out looking bad, Bitcoin could…
Despite Bitcoin’s recent price dips, things are looking good for the cryptocurrency. Bitwise CIO Matt Hougan has shared some interesting insights from the latest financial reports, suggesting that big investors are really getting into Bitcoin. Institutional Investors are Embracing Bitcoin The number of institutional investors holding Bitcoin ETFs has increased significantly. This shows that more…
Bitcoin has become mainstream, and institutions are jumping on board. Over the past few years, they’ve been buying up Bitcoin like crazy, and now they’re the biggest players in the game. No More Private Players in the Top 10 The top 10 Bitcoin wallets are now dominated by governments and companies. The only private entity…
Ripple, the company behind the XRP Ledger (XRPL), is excited about a new era for their blockchain. They’re planning to integrate real-world assets (RWAs) like stocks and bonds onto the XRPL, which could open up a whole new world of possibilities for investors and developers. A Blockchain Built for Real-World Assets The XRPL has been…
