Cryptocurrency ETF trading platform ETFSwap (ETFS) grows 1,000% ahead of launch The crypto industry is currently struggling against a bearish wind, which could be attributed to the post-halving sell-off by Bitcoin (BTC) miners. Several crypto assets in the crypto market, including Bitcoin (BTC) and Ethereum (ETH), have recorded severe drops in price value trading above […]
Category: Cryptocurrency
May 2024’s crypto craze: Bitgert coin steals the spotlight
May 2024’s crypto craze: Bitgert coin steals the spotlight Without much doubt, the crypto market has continued its rollercoaster ride into May, but amid all the volatility occurring, there’s one coin that’s vividly emerging as a front-runner: Bitgert. This phenomenon, which can be referred to as the Bitgert coin craze, is causing ripple effects in […]
Upward momentum: BEFE coin price poised for a pump
Upward momentum: BEFE coin price poised for a pump The highly anticipated Bitcoin halving happened weeks ago. While there was so much hype and buzz around it, the market movements are yet to warm up and join the party. Considering the volatility and inconsistent momentum affecting the general crypto market, it is great news to […]
Ripple Strikes back; Reply brief rocks SEC lawsuit
Ripple Strikes back; Reply brief rocks SEC lawsuit In the ongoing legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC), Ripple has responded forcefully to the SEC’s allegations with a comprehensive reply brief, marking a significant development in the high-profile case. Ripple’s legal team filed the reply brief, challenging the SEC’s […]
Cardano stalls at support, eyes higher resistance despite bearishness
Cardano stalls at support, eyes higher resistance despite bearishness Open Interest in Cardano has remained stagnant between $0.68 and $0.447, demonstrating a lack of speculative sentiment in the market. Buyers, however, are looking to push the value for a higher resistance so that the token eventually breaks out at $1. Fibonacci is bearish, and so […]
JPMorgan attributes crypto sell-off to retail investor activity
JPMorgan attributes crypto sell-off to retail investor activity JPMorgan Chase, one of the major contenders on Wall Street’s financial superhighway, has slightly changed their approach towards the cryptocurrency scenes as they proceed cautiously. The issuer states her reasons first and foremost by noting that there are not enough factors leading to economic growth and the […]
US Senators cite security concerns over Iran’s crypto mining sector
Iran’s cryptocurrency mining sector is under fire as United States Senators Elizabeth Warren and Angus King believes its a threat to national security. According to a letter to National Security Advisor Jake Sullivan, Defe...
Former FTX executive Ryan Salame forfeits $5.9m Bahamas mansion
Ryan Salame, the former co-CEO of FTX Digital Markets, has agreed to transfer his multimillion-dollar Bahamas home as part of a plea agreement in a criminal prosecution. According to a request filed by FTX Trading Ltd and connected debtors with…
Jack Dorsey’s Block moves to dollar cost averaging for Bitcoin investments
Block, the payments firm led by CEO Jack Dorsey, has begun a dollar cost averaging (DCA) program to expand its Bitcoin holdings, per a May 2 shareholder letter. Starting in April, the company has been allocating 10% of its monthly…
Mark Cuban, Kevin Durant, Steve Aoki among top crypto-invested celebrities
Cryptorush Casino data reveals that celebrities Mark Cuban, Kevin Durant, Baron Davis, and Steve Aoki hold crypto in their investment portfolios.
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