A well-known crypto analyst, known as DonAlt, is cautiously optimistic about Bitcoin’s future. He believes that if Bitcoin can break through a major resistance level at $60,000, it could climb back to its previous range of $60,000 to $70,000. This would create a good opportunity for further growth. Breaking Through the Wall DonAlt warns that…
A well-known crypto analyst, known as Bluntz, is warning that Bitcoin (BTC) could be in for a rough ride. He’s predicting that BTC could fall below $53,000, which would be a new five-month low. Bitcoin’s Recent Dip Bluntz says that Bitcoin’s recent pullback from near $60,000 is a bad sign. He’s using the Elliott Wave…
The internet is getting flooded with fake videos that look incredibly real, thanks to AI. These “deepfakes” can be used to spread misinformation or harm people’s reputations. To combat this, a group of US senators has proposed a new law called the COPIED Act. What is the COPIED Act? The COPIED Act wants to make…
Justin Sun, the founder of the Tron blockchain, is doubling down on his commitment to building the network. This comes after a big win in court against the Chongqing Business Media Group in China. The media group had accused Sun of fraud, but the court ruled in his favor, finding the accusations false. A Long…
The Shiba Inu team is gearing up to launch a major new project: the SHIB Marketplace. This decentralized platform promises to empower users and create a more equitable online experience. A Marketplace Built on Decentralization The Shiba Inu team, led by Lucie, the Marketing Lead, envisions a marketplace that puts power in the hands of…
The House of Representatives failed to overturn President Biden’s veto of a crypto measure aimed at blocking a controversial SEC rule. This vote highlights the ongoing debate over how to regulate the rapidly evolving digital asset landscape. The Battle Over SAB 121 The heart of the controversy lies in the Securities and Exchange Commission’s Staff…
Whale Goes Shopping A big-time crypto investor, known as a “whale,” just spent a whopping $4 million on Uniswap (UNI) and Aave (AAVE) tokens. They bought these tokens from the Kraken exchange after depositing a bunch of USDC (a stablecoin). This whale now holds a huge amount of both UNI and AAVE, showing they’re bullish…
Cryptocurrency trading platform BitMEX has admitted to breaking US laws designed to prevent money laundering. BitMEX’s Illegal Activities The US Department of Justice (DOJ) says BitMEX, founded in 2014, failed to put in place proper systems to stop money laundering. The company, along with its executives, were accused of: Ignoring US laws: They didn’t register…
Matt Hougan, the big cheese at Bitwise Asset Management, thinks Bitcoin is on its way to becoming a mainstream investment. He’s super excited about the performance of Bitcoin ETFs this year, saying they’re showing signs of a “new asset class” being born. Bitcoin ETFs: A Gold Rush? Hougan compares the current Bitcoin ETF boom to…
The SEC’s approach to crypto has been under fire lately, with many accusing the agency of overstepping its boundaries. Congresswoman Waters Defends the SEC Congresswoman Maxine Waters, a strong supporter of the SEC, recently slammed a bill aimed at blocking the SEC’s Staff Accounting Bulletin (SAB) 121. She argued that the bill would “strip away…
