Ethereum is making a comeback! After climbing back above $3,200, it’s seen a massive 5% price increase in just one day. This boost has also increased its market cap and daily trading volume. It’s now only 33% away from its all-time high, making investors sit up and take notice. What are Analysts Saying? Several analysts…
Decentralized finance (DeFi) and anti-money laundering (AML) regulations don’t always mix. It’s tough to enforce AML rules in the decentralized world, leading to stolen funds being laundered through DeFi platforms. So how do we keep DeFi decentralized while still following the law? Oracles offer a promising solution. Why Traditional AML Fails in DeFi Traditional AML…
A popular crypto analyst, known as Bluntz, is seeing positive signs for the Solana-based memecoin, dogwifhat (WIF). This comes after WIF’s price plummeted 72% from its all-time high. Dogwifhat (WIF) Showing Potential Bluntz, who boasts over 300,000 followers on X (formerly Twitter), believes WIF might have hit its bottom. He uses Elliott Wave theory, which…
Kraken, a major US cryptocurrency exchange, is bringing back its crypto staking program for US customers. This comes two years after the Securities and Exchange Commission (SEC) forced the company to shut down a similar service. Staking Returns to 37 States Starting today, Kraken clients in 37 states and two US territories can stake 17…
A Solana-based memecoin launchpad called Pump.fun has moved a whopping $407 million worth of Solana (SOL) to the Kraken cryptocurrency exchange over the past year, according to blockchain tracker Lookonchain. Millions in Solana, Millions in Controversy Lookonchain also revealed that Pump.fun, which launched in January 2024, sold off some of its SOL, netting $41.64 million…
Dogecoin (DOGE) might be about to make a big price jump. Technical analysis suggests it’s forming a bullish “Ascending Triangle” pattern on its 4-hour chart. This, combined with a recovery from oversold levels, hints at a possible breakout. The Ascending Triangle Pattern An Ascending Triangle is a bullish chart pattern. It’s formed by a flat…
Cardano just completed its Plomin hard fork, a major upgrade that founder Charles Hoskinson calls the “most powerful blockchain government in the world.” This upgrade marks a significant step towards full decentralization. A Decade of Progress Hoskinson celebrated Cardano’s ten-year journey, recalling its humble beginnings in Japan in 2015. He highlighted the massive community effort…
Texas is making a big move in the world of cryptocurrency. Lieutenant Governor Dan Patrick wants to create a state Bitcoin reserve – a bold step that could change how Texas handles its finances. A Growing Trend Texas isn’t alone. Several other states are exploring similar Bitcoin reserve ideas. Utah recently approved a bill to…
Dogecoin and Shiba Inu are on the rise, exciting investors after a rough week of sell-offs. What’s driving this sudden surge? The Fed’s Influence The Federal Reserve’s decision to hold interest rates steady, while generally bearish for crypto, unexpectedly gave the market a boost. Fed Chair Jerome Powell’s comments after the meeting were key. While…
Ethereum’s price might be in for a rough ride, according to some on-chain data. Let’s break down what’s happening. The MVRV Ratio: What Does it Mean? The Market Value to Realized Value (MVRV) ratio is a key indicator used to gauge the overall health of the Ethereum market. It compares the current market cap (total…
