Binance, the world’s largest cryptocurrency exchange, took action against a market maker for misconduct, seizing its assets. Market Maker’s Misdeeds The unnamed market maker, who provided liquidity for the GoPlus Security (GPS) and MyShell (SHELL) projects, was banned and had its funds confiscated. Binance stated that these funds will be used to compensate users affected…
A popular crypto analyst believes Bitcoin, Solana, and the broader crypto market are currently experiencing a “bear trap” – a temporary dip designed to shake out investors before a significant price surge. Bitcoin’s Bullish Signal The analyst, known as InvestAnswers, points to a “classic double bottom” pattern forming on Bitcoin’s chart around $82,000, suggesting a…
A crypto analyst who correctly predicted the end of Bitcoin’s 2021 bull run believes the current downturn might be over. Analyst’s Prediction Dave the Wave, a popular analyst on X (formerly Twitter), told his followers that Bitcoin is nearing its price bottom. He cites several technical indicators supporting this view: Multi-year support: Bitcoin is approaching…
The US government recently declared Bitcoin a strategic asset, sparking a lot of debate. Will Bitcoin become a globally important asset like gold, or will it remain a niche investment? That’s the million-dollar question, according to a recent Bitwise memo. A Historic Shift? The memo highlights the significance of the US government’s decision. After years…
The Australian Libertarian Party just dropped a bombshell: a plan to create a national Bitcoin reserve. This isn’t some small idea; it’s a major policy proposal detailed in their new Bitcoin Policy Whitepaper, unveiled at the BitcoinAlive event on March 8th. Bitcoin Reserve: A Hedge Against Inflation? The core idea? An “Australian Strategic Bitcoin Reserve”…
Bitcoin and Ethereum have taken a major beating lately, with investors spooked by a combination of factors. The whole crypto world is struggling, mirroring the downturn in the US stock market. What’s Going On? The current economic climate is pretty rough. Trade war worries, unpredictable government decisions, and general economic instability are making everyone nervous….
Bitcoin’s recent price drop has been scary, hitting lows not seen since before its all-time high of $109,000. But don’t panic just yet! There are some interesting things happening behind the scenes. Big Investors Are Accumulating Bitcoin Despite the price dip, some major players are quietly buying up Bitcoin. Santiment, a crypto analytics firm, reports…
Trump’s administration is planning a major shift in how the US government views and interacts with cryptocurrencies. This could be huge news for the crypto market. Operation Chokepoint 2.0 and the Fightback The Biden administration’s “Operation Chokepoint 2.0” aimed to restrict crypto companies’ access to banking services. This move was met with strong opposition, particularly…
The SEC is possibly ditching a tough rule that would have forced many crypto companies to register as exchanges. This is great news for crypto! This could lead to a huge boom in the crypto market. What This Means for Crypto Currently, only a few big exchanges can legally operate in the US. If the…
Top stablecoins are booming, reaching a combined market cap of $204.7 billion, according to crypto analyst Ali Martinez. This is a record high, suggesting significant activity in the market. Record-Breaking Stablecoin Market Martinez, a well-known analyst with over 130,000 followers on X (formerly Twitter), reported that the top five stablecoins—Tether (USDT), USDC, USDS, Ethena’s USDe,…
