BTC Struggles to Break $43,000. What Lies Ahead?
Bitcoin (BTC) trading below $41,200 poses a challenge for bulls, hinting at a struggle to sustain upward momentum.If Bitcoin fails to rise above $41,700, there is a risk of continued…
Ethereum Breaks Below Key Support Level as Bears Dominate.
At the time of writing, ETH is trading at $2132, down 3.95% in the last 24 hours.If the price surges and manages to go above $2244 then it will likely…
FTX Presents New Plan to Distribute Billions to Customers and Creditors.
Now-defunct crypto exchange FTX has revealed its latest proposal aimed at returning billions of dollars to customers and creditors, marking the start of the final stage in resolving its bankruptcy…
Binance Recent Survey: 76% Believe Crypto Can Solve Income Inequality Globally.
Binance Survey participants cite crypto’s impact on increased investment value, additional income opportunities, improved financial control, and faster cross-border transactions.A survey conducted by Binance indicates that close to 50% of…
Palau’s PSC Initiative Enters Phase 2 Extending Ripple Collaboration.
The PSC team will be able to take advantage of Ripple’s CBDC technology as per Anson. PSC is a digital currency that utilizes Ripple’s XRP Ledger and is tied to…
Meta Apologizes to Qatari Billionaire Over Scam Crypto Ads on Facebook.
Three year legal battle concludes with Meta apologizing to Al Mana for unauthorized ads, causing reputational damage and distress.According to a Financial Times report, Meta, the American social media conglomerate,…
Tether Addresses U.S DOJ Demands Regarding Illicit Transactions.
Tether said that it had a KYC procedure, a mechanism to monitor transactions.The firm said that their evaluation process for customers does not stop at onboarding.The USDT stablecoin’s developer, Tether,…
Bitcoin in Correction Phase Following Rally to $44K: CryptoQuant.
CryptoQuant says the bear market is in the past, and BTC has moved into a bull phase, even though the cryptocurrency has fallen about 10% from its latest peak. The…
Crypto Industry Sees Over 50% Drop in Hack Volumes in 2023, TRM Labs Reports.
Decline in hack volumes attributed to enhanced security measures in the cryptocurrency industry.A TRM Labs research has revealed that the cryptocurrency industry witnessed a downturn in hack volumes in 2023,…
Ripple’s CLO Forecasts Crypto Market Shifts and SEC Lawsuit Resolution.
According to Alderoty, Ripple and the SEC may reach a settlement in 2024.Ongoing legal disputes may lead to a showdown before the United States Supreme Court.According to Stuart Alderoty, chief…