The Bitcoin price predictions have been a topic of hot debate, with varying thoughts on whether the cryptocurrency will reach new all-time highs after the recent crash. While bearish sentiments persist, there are analysts who are optimistic about bullish trends ahead for the pioneer cryptocurrency. The Bullish Camp Prediction Bernstein analysts have joined the bullish
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Bitcoin experienced a significant surge in price recently, jumping from a daily low of $53,600 to over $58,000. One of the possible reasons behind this surge could be attributed to the impact of US spot Bitcoin ETFs. These ETFs, which were established in mid-January this year, have been observed to play a crucial role in
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The US Securities and Exchange Commission (SEC) has been facing criticism regarding its Staff Accounting Bulletin No. 121 (SAB 121). Commissioner Hester Peirce recently expressed her ongoing concerns about the regulation, questioning its implications and effectiveness. This comes in light of a speech by SEC Chief Accountant Paul Munter, where he reiterated the Commission’s unwavering
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The Cardano (ADA) ecosystem has witnessed significant growth in various key metrics during the recent months, particularly following the successful implementation of the anticipated Chang upgrade on September 1. Despite facing a bearish market sentiment in terms of price, the Cardano Foundation reported increased investor activity and blockchain usage, indicating a positive trend in the
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As Gamee, a prominent player in the mobile gaming industry, ventures into the world of blockchain gaming, they introduce WatBird as their latest game. WatBird’s primary attraction is Wat Racer, a high-speed runner game that challenges players to guide their WatBird through various obstacles to earn “WatPoints.” These points can be accumulated through gameplay and
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In 2024, the US Securities and Exchange Commission (SEC) made a bold statement by imposing a staggering $4.68 billion in fines against various crypto companies. This marked a significant increase from the previous year, with 2023 seeing fines totaling $150.27 million. The massive jump in penalties reflects the SEC’s heightened scrutiny of the crypto sector
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Grant Thornton, a leading global auditor, recently conducted a thorough review of Liminal’s infrastructure after the hack on WazirX’s systems. This prompted Liminal to engage independent auditors to assess the security of its own platform. The audit reaffirmed that there were no compromises in Liminal’s systems during the incident. Assessment of Vulnerabilities The audit conducted
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Coinbase, once a dominant force in the US crypto market, has experienced a significant decline in market share in recent months. According to a report by research firm Kaiko, Coinbase’s market share has dropped from 55% in March to 41% in early September. This decline has been accompanied by the rise of smaller exchanges such
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Ethereum, despite its popularity, has been displaying a bearish trend making it one of the worst-performing cryptocurrencies among the top largest by market cap. This negative movement has caused many investors to face losses as the price of Ethereum continues to drop. The possibility of the price falling below $2,000 again looms large, creating concerns
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