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Bitcoin’s been stuck between $92,000 and $96,000 lately, leaving both buyers and sellers frustrated. This tight range probably won’t last long – a breakout is expected, leading to a big price swing either up or down. The Bullish Case: Room to Grow A break above $100,000 would be huge for Bitcoin bulls, signaling a new…
The XRP ETF world is buzzing with speculation, but let’s clear up some confusion. No XRP ETF Launch on April 30th Reports of a ProShares XRP ETF launching on April 30th were false. Both ProShares and Bloomberg analyst James Seyffart confirmed there are no immediate plans for a launch. While a launch is expected eventually,…
Australia’s financial watchdog, AUSTRAC, is cleaning up the crypto space by targeting inactive exchanges. They’re essentially saying, “Use it or lose it!” Inactive Exchanges Get a Warning AUSTRAC has noticed many of the 427 registered Australian crypto exchanges are basically abandoned, yet still listed. CEO Brendan Thomas issued a stern warning: These inactive companies need…
Arthur Hayes, the founder of BitMEX, recently shared his insights on choosing promising crypto protocols. He’s looking for specific characteristics that he believes indicate strong investment potential. Two Key Features Hayes Looks For Hayes focuses on two main things when evaluating crypto protocols: Real User Spending: He wants to see evidence that users are actively…
STEPN, a popular Web3 fitness app, and the Argentina Football Association (AFA) have announced a major partnership. This two-year deal brings together a leading Web3 platform with one of the world’s most celebrated football teams. A Winning Combination STEPN, boasting over 5.7 million users, rewards users for physical activity with digital assets. The AFA, fresh…
TRON’s popularity is skyrocketing, with a massive influx of stablecoins driving its growth. Stablecoin Surge on TRON Data from Lookonchain shows a staggering $2.17 billion increase in USDT and USDC on the TRON network over just seven days. This follows significant increases in the preceding weeks: $623 million the week before, and $1.52 billion the…
BYDFi, a global crypto exchange, and Ledger, a leading hardware wallet provider, joined forces to release a limited edition Ledger Nano X at the TOKEN2049 Dubai conference. Free Wallets at TOKEN2049 The special edition wallet, featuring BYDFi branding, was given away to attendees who participated in activities at the BYDFi booth. This collaboration highlights both…
The White House is treating Bitcoin accumulation as a major geopolitical priority, calling it a modern-day “space race.” A top White House official recently compared the current situation to the Cold War space race, emphasizing the importance of securing Bitcoin as a national asset. The Bitcoin Strategy: A Three-Stage Plan The administration’s plan involves three…
Dogecoin had a rough start to the year, but April brought some much-needed relief. After a brutal three-month slump that saw prices plummet over 60%, Dogecoin is finally showing signs of recovery. April’s Gains and May’s Mystery April ended with Dogecoin up over 6%, pushing its price closer to $0.20. While it didn’t quite break…
A Texas federal judge has dealt a blow to the US Treasury Department, permanently blocking them from re-imposing sanctions on the cryptocurrency mixer, Tornado Cash. This is a significant victory for cryptocurrency privacy advocates. The Backstory: Sanctions and Legal Battles In August 2022, the Treasury Department, through its Office of Foreign Assets Control (OFAC), sanctioned…
