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Oregon’s Attorney General (AG) is suing Coinbase, claiming the exchange sold 31 cryptocurrencies as unregistered securities, violating Oregon state law. This comes after the SEC dropped its own case against Coinbase, a move many in the crypto industry considered unfair. A Wider Net Than the SEC The Oregon AG’s lawsuit names a whopping 31 cryptocurrencies,…
Gold hit a record high of over $3,400 an ounce! This surge is fueled by investor anxiety about the economy, a weakening US dollar, and rising tensions, particularly in US-China trade relations. Gold’s Meteoric Rise The jump to $3,430 reflects growing concerns about inflation and global economic stability. Gold, a traditional safe haven asset, could…
Chainlink (LINK) has shown a month of consistent coin withdrawals from exchanges, which could be great news for the price. Money Moving Out of Exchanges IntoTheBlock, a market analysis company, noticed a trend: a lot of LINK is leaving centralized exchanges. “Exchange Netflow” tracks how much LINK is moving into and out of exchange wallets….
Bitcoin’s price is climbing again, recently surpassing $89,000. This upward movement has analysts looking beyond traditional chart analysis to understand what might happen next. On-Chain Data: A New Lens on Bitcoin’s Price Instead of just focusing on support and resistance lines, some are using on-chain data to predict price movements. This data looks at the…
Paydify, a new payment platform, is making it simple for businesses worldwide to accept cryptocurrency payments. Launched recently, Paydify aims to solve the current challenges of accepting crypto, such as complex integrations and volatile pricing. How Paydify Works Paydify acts as a universal gateway, allowing businesses to accept crypto from any wallet or blockchain network….
Bybit CEO Ben Zhou recently revealed that a significant portion of the cryptocurrency stolen in a massive hack earlier this year has vanished. The February hack, which saw nearly $1.5 billion in Ethereum (ETH) and Lido Staked Ether (stETH) stolen, remains the largest crypto heist in history. The State of the Stolen Funds Zhou reported…
A top crypto expert predicts the US government will soon be adding Bitcoin to its reserves. Government Bitcoin Purchases on the Horizon? Alex Thorn, head of research at Galaxy Digital, a major crypto investment firm, believes the US government will buy Bitcoin (BTC) this year to boost its Strategic Bitcoin Reserve (SBR). He made this…
Several crypto analysts are predicting big things for Sui (SUI), a competitor to Solana. They believe the token is poised for a significant price increase. Bullish Signals Abound According to prominent crypto analyst Raoul Pal, technical indicators suggest SUI is on the verge of a breakout. He points to the Tom DeMark (TD) Sequential Indicator…
Bitcoin is on the move! After a brief surge from around $84,000 to almost $88,400, the overall crypto market is showing signs of a bullish trend. This isn’t just about the price; key market indicators are also pointing upwards. Increased Open Interest: A Sign of Growing Confidence? One significant indicator is Bitcoin’s Open Interest (OI)….
Circle’s recently launched Circle Payments Network (CPN) is shaking things up in the payments world. It’s a direct competitor to Ripple’s long-standing payment system, setting the stage for a major showdown. What is the Circle Payments Network? CPN is designed to make international money transfers faster and easier for financial institutions. Think of it as…
