A US appeals court has overturned sanctions imposed on the cryptocurrency mixer Tornado Cash. This decision marks a significant win for cryptocurrency advocates and has sent the TORN token price soaring. Sanctions Revoked The US Court of Appeals for the Fifth Circuit reversed a lower court’s ruling that had sanctioned Tornado Cash. The court’s order…
A prominent crypto analyst believes Bitcoin and altcoins still have significant upside potential, despite suggestions that the market may be peaking. They cite several reasons for their bullish outlook. Reasons for Continued Crypto Growth This analyst, known as Altcoin Sherpa, points to several factors supporting further price increases: Favorable Macro Environment: They highlight a “best…
Donald Trump’s cryptocurrency venture, World Liberty Financial (WLFI), has quietly become a major player in the Ethereum staking game. A Whale in the Crypto Sea According to crypto analytics firm Arkham Intelligence, WLFI now holds over $33 million worth of staked Ethereum (stETH), putting it in the top 0.1% of stETH holders. That’s a significant…
Bitcoin is showing some seriously bullish signals, and analysts are predicting a massive price jump. Let’s dive into the details. A Wave of Bullishness Analyst Gert van Lagen sees a specific “wave formation” in Bitcoin’s price chart. He believes Bitcoin’s recent high near $109,000 confirms a key pattern, suggesting a rally to between $150,000 and…
Bitcoin’s recent price surge has everyone talking. Will it hit $122,000 next month? One research firm thinks so. A Bold Prediction 10x Research is predicting a massive Bitcoin price jump to $122,000 by February. While ambitious, this prediction aligns with the positive outlook many experts have since the approval of Bitcoin ETFs. Bitcoin’s Unstoppable Momentum?…
Recent events have fueled speculation about the creation of a US Strategic Bitcoin Reserve (SBR). Let’s break down what’s happening. A Deleted Tweet and Secret Meetings Senator Cynthia Lummis and Eric Trump reportedly met to discuss the SBR. Eric Trump retweeted news of the meeting, then quickly deleted the tweet. This secretive behavior has only…
Bitcoin recently hit an all-time high, soaring past $100,000. Despite this huge milestone, many investors aren’t feeling particularly bullish. There’s a sense of unease in the market. Low Investor Activity: A Red Flag? Analyst Axel Adler points to a worrying trend: the number of active Bitcoin addresses is dropping. This means fewer people are buying,…
Bitwise, a big name in asset management, just filed to launch a Dogecoin ETF (exchange-traded fund) in Delaware. This could be a game-changer for Dogecoin and the crypto world in general. Trump’s Impact on Crypto Regulation The timing of this filing is interesting, given that Trump is back in office. He’s been much more positive…
A recent report shows a big trend in the crypto world: US startups are dominating venture capital (VC) funding. US Dominance in Crypto VC In the final quarter of 2024, almost half of all VC money in crypto and blockchain went to US-based startups – a whopping 46%! Hong Kong was a distant second at…
A cryptocurrency firm, CLS Global, got caught manipulating the market and is paying the price. The Department of Justice (DOJ) nailed them for wash trading – basically, faking trading activity to make it look like a cryptocurrency was more popular than it actually was. How the DOJ Caught Them The DOJ used a clever tactic:…
