The cryptocurrency market is beginning to show signs of recovery, with leading assets such as Ethereum (ETH) making modest gains in the past 24 hours. After experiencing a sharp decline that saw ETH’s price drop to $2,154 last Friday, the digital asset is now approaching the $2,400 mark, sparking optimism among investors. Market expert Jesse
The recent analysis by crypto analyst Kaleo suggests that Bitcoin, despite being in a downtrend, is actually in a healthy position. Comparing Bitcoin’s current dynamics to the previous halving cycle, Kaleo highlights that Bitcoin is currently performing better. Despite struggling to stay above $54,000 and break above $57,000, Bitcoin is still holding up well in
The recent introduction of the Property (Digital Assets, etc.) Bill by the Law Commission of the UK Parliament represents a significant step towards recognizing digital holdings as legal assets. This proposed legislation aims to categorize cryptocurrencies, non-fungible tokens (NFTs), and carbon credits as personal property under British law. While this initiative is commendable in addressing
Fintech bank Nubank shocked the market by announcing the suspension of trading for its cryptocurrency, Nucoin. The decision, revealed in a blog post on September 10, stated that Nucoin can no longer be bought or sold within the bank’s app. Originally launched in late 2022 on the Polygon blockchain, Nucoin was designed as part of
The highly anticipated Rocky Rabbit Telegram game is set to host an airdrop event on September 23, 2024, on The Open Network (TON). This event will reward loyal players who have actively engaged with the game mechanics and referral system. The distribution of the game’s native token, RabBitcoin ($RBTC), marks a significant milestone in the
The financial world in Europe saw a significant addition on September 4, 2024, with Zurich Cantonal Bank, one of the leading Swiss banks, launching Bitcoin (BTC) and Ethereum (ETH) trading services for its customers. This move marks a new era for the bank, allowing its clients to engage in 24/7 cryptocurrency trading and custody services
Jameson Lopp, one of the co-founders of CasaHODL, recently raised a red flag about a new phishing scam targeting users of the popular cryptocurrency exchange Gemini. The scam involves a fake data breach notice that tricks users into transferring their funds to malicious actors. The scammers claim that Gemini has partnered with Trust Wallet to
In the recent analysis by ITC Crypto founder and CEO Benjamin Cowen, a wedge chart pattern was identified in the current market cycle of Ethereum. This pattern bears resemblance to previous cycles in 2019, albeit on a much larger scale. Cowen pointed out that the ETH/BTC structure hit a bottom after an interest rate cut
In a recent development in Nigeria, the decision on the bail application for the detained Binance executive, Tigran Gambaryan, has been postponed until Oct. 9. This decision was made by Judge Emeka Nwite after hearing arguments from both Gambaryan’s lawyer, Mark Mordi, and the prosecuting counsel, Ekele Iheanacho, who opposed the bail request. The delay
The upcoming US presidential election has sparked discussions among crypto analysts about the potential impact on Bitcoin’s price prediction for 2030. Thomas, a prominent crypto analyst, has made a bold prediction that Bitcoin will reach $1 million by 2030, regardless of whether Donald Trump or Kamala Harris emerges as the winner. Trump’s Influence on Bitcoin