A new report reveals that the Securities and Exchange Commission (SEC), under Gary Gensler’s leadership, significantly reduced its crypto enforcement actions in 2024. Fewer Cases, Bigger Fines The number of crypto-related enforcement actions dropped by 30% in 2024, down to 33 cases from the previous year’s high. While fewer cases were filed, the total penalties…
The SEC’s recent decision to scrap a strict rule on how banks handle crypto is a bigger deal for Bitcoin than you might think. Experts believe this change could send Bitcoin’s price soaring. What Happened? The SEC got rid of SAB 121, a rule that made it super hard and expensive for banks to deal…
Dogecoin’s price has been a hot topic lately, with analysts offering various predictions. One recent analysis uses some pretty technical stuff to forecast both potential dips and rises. Let’s break it down. The Big Picture: Elliott Waves, Fibonacci, and Liquidity Zones This analysis looks at Dogecoin’s price action from its 2022 low to its recent…
Morgan Stanley’s new CEO, Ted Pick, has signaled the bank’s interest in exploring the cryptocurrency market. This move reflects a growing acceptance of digital assets within traditional finance. Regulatory Cooperation is Key Pick stressed the importance of working closely with US regulators on any crypto initiatives. He emphasized a careful, legally compliant approach, highlighting the…
Binance’s founder, Changpeng Zhao (CZ), is setting up a family office to manage his massive fortune. This isn’t just any family office; it’s a big deal. From Binance to YZi Labs: A New Chapter After navigating some serious legal trouble (including a brief jail stint!), CZ is rebranding Binance’s old venture capital arm into YZi…
Ethereum’s price hasn’t been setting records lately, unlike some other cryptos. But there’s still a lot of hope for ETH, and people are buying it up. Investors are Accumulating Ethereum Over the past couple of weeks, investors have been buying a lot of ETH. Crypto analyst Kyle Doops noticed this surge in activity, with both…
Several crypto analysts are predicting a significant price surge for Ethereum (ETH), with some suggesting it could reach incredible heights. Let’s dive into their forecasts. A Rising Channel and a $4,000 Breakout? Analyst BasicTrading spotted a “rising channel” pattern on the Ethereum price chart. This pattern, they argue, strongly suggests an upcoming breakout to $4,000….
Justin Sun, the founder of TRON, has a big, audacious plan to boost Ethereum’s price to a whopping $10,000. He shared his ideas on X (formerly Twitter), outlining a complete overhaul of the Ethereum Foundation and its protocol. Sun’s Ethereum Price Surge Strategy Sun’s plan is ambitious, focusing on several key areas: Halting ETH Sales:…
Ethereum’s price has been steadily climbing, recently jumping 6%! This positive movement follows a US executive order about digital assets, boosting overall market confidence. But is this just the calm before the storm? Let’s dive in. A Tale of Two Analysts: Bulls vs. Bears One analyst, ShayanBTC from CryptoQuant, sees a fascinating situation unfolding. While…
A popular crypto trader, known as Bluntz, is predicting a downturn for AI-related altcoins in February. Bluntz, who boasts over 300,000 followers on X, uses the Elliott Wave theory to analyze market trends. He believes the recent bull run for many AI cryptocurrencies is ending. Elliott Wave Theory and the Coming Correction Bluntz explains that…
