Bitcoin’s price has been experiencing a rollercoaster ride in recent days, with the bulls currently holding the upper hand as they push to surpass the $61,000 mark. However, weekends often bring a different dynamic to price action due to lower trading volumes. Traditionally, weekends see lower trading volumes compared to weekdays, which can impact market
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Recently, a US federal judge made the decision to deny crypto exchange Kraken’s request to dismiss a lawsuit filed by the Securities and Exchange Commission (SEC). The SEC had alleged that Kraken was operating an unregistered securities exchange, broker, dealer, and clearing agency. The complaint from the regulator also stated that Kraken had been illegally
Former Binance CEO Changpeng ‘CZ’ Zhao has recently been transferred from FCI Lompoc II to the RRM Long Beach halfway house in California. This move has caused confusion among X users who mistakenly believed that he had been released. However, it is important to note that despite the change in location, CZ remains incarcerated. The
The DeFi Education Fund and the Blockchain Association have raised significant privacy and security concerns regarding the Securities and Exchange Commission’s (SEC) Consolidated Audit Trail (CAT). They argue that the CAT poses a threat to the financial privacy of participants in the digital asset market. The CAT, which has been operational since April, represents the
Cardano (ADA) has recently experienced a significant price surge in the crypto market, gaining over 14% in the last seven days. This surge has led to insights into how Cardano investors are likely to react to the current situation based on on-chain data analysis. Despite the recent price gains, Cardano has been underperforming since the
Pi Network, a crypto project aiming to revolutionize mobile mining, has been making significant strides towards the deployment of its mainnet. With millions of users undergoing migration processes, the community is eager for updates. However, the exact launch date remains shrouded in uncertainty. The Controversy Surrounding Pi Network Since its inception in 2019, Pi Network
In a surprising turn of events, the FBI has decided to utilize Non-Fungible Tokens (NFTs) to return $1.14 million to victims of the CluCoin fraud. This groundbreaking move marks the first time law enforcement agencies have employed NFTs to assist victims of fraudulent activities. Through the use of NFTs, victims of the CluCoin fraud will
The performance of Bitcoin can be quite volatile from month to month, depending on the sentiment of investors in the market. With years of historical data available, investors and analysts often try to predict the next move of the cryptocurrency based on past performance. As August comes to an end, Bitcoin investors are hopeful for
In the ever-evolving landscape of Layer 2 networks, Base, an Ethereum Layer 2 network incubated by Coinbase, has been making significant strides. Recent data from IntoTheBlock reveals that Base now has nearly 40% more daily active addresses than its competitors, Arbitrum and Optimism combined. This impressive growth signifies Base’s increasing dominance in the Layer 2
Ethereum, along with the majority of altcoins, is currently facing notable selling pressure as it struggles to recover from the weakness experienced in early August. Despite brief moments of strength following a steep sell-off on August 5, prices are still hovering below the $2,800 mark. However, there is a ray of hope on the daily