Bitcoin, which has become synonymous with cryptocurrency, recently fell below the critical price mark of $95,000, hinting at possible further declines. As February winds down, many analysts emphasize the importance of Bitcoin reclaiming certain thresholds to maintain its longer-term bullish trajectory. This article delves into the most recent trends and sentiments surrounding Bitcoin, examining the
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In a significant development for the cryptocurrency sector, Robinhood Crypto has officially cleared itself of scrutiny by the Securities and Exchange Commission (SEC). The SEC’s decision, announced on February 21, 2024, to close its investigation marks a pivotal moment for Robinhood, especially following the issuance of a Wells Notice in May 2024. This change signifies
The European Union has escalated its response to the ongoing conflict in Ukraine with a series of sanctions designed to impede Russia’s financial operations. Among the notable actions taken is the sanctioning of Garantex, a cryptocurrency exchange based in Russia. Officially announced on February 24, this marks a significant moment in the EU’s strategy, as
The blockchain landscape has experienced unprecedented growth lately, and at the forefront of this revolution is Berachain. Just 20 days following its Mainnet launch, the EVM-compatible Layer 1 blockchain made headlines by amassing a Total Value Locked (TVL) of $3.27 billion. This remarkable figure catapulted Berachain past established blockchains such as SUI, Avalanche, and Arbitrum,
As the cryptocurrency landscape continues to ebb and flow, Cardano (ADA) finds itself trading just below the $0.80 threshold, grappling with a potential rebound after enduring weeks of considerable volatility. This recent market turbulence is not isolated to Cardano; rather, it reflects broader patterns observed across the crypto market as a whole, where strong demand
Ethereum, the second-largest cryptocurrency by market capitalization, has found itself in a state of stagnation as it trades within a narrow price range. Over the past week, the cryptocurrency has oscillated between $2,650 and $2,750, indicating significant indecision among investors. This analysis delves into Ethereum’s current price dynamics, the prevailing market sentiment, and potential future
Citadel Securities is embarking on a significant new journey into the world of cryptocurrency market making. According to a recent report by Bloomberg News, the firm is positioning itself to provide liquidity across well-known cryptocurrency platforms like Binance, Coinbase, and Crypto.com. This strategic move underscores a notable shift for Citadel, which has historically remained cautious
In recent years, the financial industry in the United States has faced significant challenges stemming from regulatory constraints, particularly concerning digital assets. As innovation accelerates within the financial technology sector, prominent financial organizations have found themselves increasingly vocal about the need for a reexamination of policies that inhibit U.S. banks from participating effectively in the
In a dramatic turn of events, the Infini stablecoin bank experienced a security breach that resulted in the theft of over $49 million in USDC. The breach has highlighted vulnerabilities within the crypto banking ecosystem, stemming from an exploit that involved an insider with retained administrative privileges. This incident serves as a stark reminder of
The cryptocurrency landscape is no stranger to chaos and financial controversy, but recent events surrounding OX.FUN, a derivatives exchange linked to the embattled Three Arrows Capital co-founders Su Zhu and Kyle Davies, have thrown the platform into a particularly turbulent spotlight. The exchange now faces significant backlash following serious allegations of financial misconduct, raising questions