Dogecoin’s price has been rollercoastering lately, with a pretty steep drop. This has worried some investors, but let’s look at the bigger picture. Dogecoin’s History of Dips and Soars This recent 66% drop from its December 2024 high isn’t actually that unusual. Looking back, Dogecoin has done this before! Dip #1 (2022-2023): A 64% drop…
Ethereum (ETH) has fallen below $2,000 for the first time this year, hitting its lowest point since October. This represents a significant drop of 57% from its December 2024 high of $4,100. A Market in Trouble The broader crypto market is down, mirroring struggles in the US stock market. Concerns about trade wars and economic…
Coinbase is accusing the Federal Deposit Insurance Corporation (FDIC) of blocking efforts to uncover information about alleged attempts to stifle the cryptocurrency industry. This alleged campaign, dubbed “Operation Choke Point 2.0,” is said to involve government regulators trying to shut down crypto businesses. The Fight for Information Coinbase is using the Freedom of Information Act…
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…
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…
