The recently released US jobs report fell short of expectations as the anticipated 160,000 job positions were not met. This news created uncertainty in the market, leading to a surge in Bitcoin price to $57,000. The lackluster job growth numbers highlighted concerns about the direction of the US economy and shed light on what actions
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In a recent development, a federal judge has denied Coinbase’s motion to dismiss a class action lawsuit filed by shareholders. The lawsuit alleges that the largest US crypto exchange misled investors about the risk of facing legal action from the SEC. US District Judge Brian Martinotti ruled in favor of the plaintiffs, stating that Coinbase
In a recent video analysis, popular crypto analyst Dan Gambardello discussed the potential future of the Cardano (ADA) price in light of the looming forecasts of a US recession. Gambardello highlighted the unease among ADA holders and general crypto investors due to the ongoing economic discourse surrounding a potential recession. Drawing parallels between historical S&P
The ApeCoin ecosystem has unveiled a groundbreaking Blueprint that sets the stage for its future development. At the core of this evolution is the blockchain layer known as ApeChain, which places a strong emphasis on catering to the needs of both developers and users within the ecosystem. By focusing on enhancing the discovery and exposure
Arthur Hayes, the co-founder of BitMEX, has voiced a grim prediction for the immediate future of Bitcoin’s price. With a heavy stance on Bitcoin, Hayes is aiming for a sub $50k value over the weekend, as he disclosed on his X profile. This move has been described as a risky short by Hayes himself, portraying
The cryptocurrency market is highly influenced by news, trends, and community discussions on various topics. Understanding these narratives is crucial for investors looking to make informed decisions that can safeguard their portfolios and investments in digital assets. Santiment, a crypto research and intelligence platform, has identified several key narratives that have shaped the market dynamics
The recent news of a hacker stealing over $235 million from the Indian crypto exchange WazirX has sent shockwaves through the crypto community. According to blockchain security firm Cyvers, the hacker has managed to transfer around $10 million through sanctioned Tornado Cash in just the past 24 hours. This raises concerns about the vulnerability of
Robinhood’s crypto division has agreed to pay a $3.9 million fine following a settlement with a California investigation into its past practices. This settlement was reached after California Attorney General Rob Bonta stated that Robinhood Crypto had prevented users from withdrawing their digital assets from 2018 to 2022. Furthermore, the company failed to fully disclose
The Future Forward USA PAC, which supports Vice President Kamala Harris’ presidential campaign, has recently announced that they are now accepting cryptocurrency donations through Coinbase Commerce. This decision comes after a clarification was made following comments made by Coinbase’s Chief Financial Officer, Alesia Haas, during Citigroup’s 2024 Global TMT Conference in New York. Initially, there
Samuel Edyme, known by the nickname HIM-buktu, is a jack of all trades in the world of web3 content writing, journalism, and trading. His journey into the crypto universe did not start with a successful investment, but with a scam that lured him in with promises of quick returns. Instead of being discouraged by this