The SEC, which is the United States agency responsible for securities regulations, has recently modified its legal action against Justin Sun. According to the SEC’s claims, Sun was implicated in selling unregistered securities through the TRX and BTT tokens of Tron. The regulatory authority claims the power to oversee Sun’s activities due to his prolonged … Read more
Today, as geopolitical conflicts between Israel and Iran heightened and tensions rose, causing concern in financial markets, Bitcoin and the wider cryptocurrency sector experienced significant selling pressure. Yet, this downturn was met with robust buying activity from investors. The price of Ethereum dipped to $2,877 earlier today, but bulls have since rallied, pushing the price … Read more
In the bustle of political news, Charles Hoskinson, the founder of Cardano, shared his disappointment on social media after learning about Robert F. Kennedy Jr’s family endorsing Joe Biden for president. Known for his influential role in the cryptocurrency industry, Hoskinson lamented on X and remarked, “Washington only recognizes power.” Cardano Founder Ditches The Narrative … Read more
Today, Bitcoin‘s price dipped below $60,000 following news of alleged missile attacks from Israel against Iran, which turned out to be Iranian defense systems shooting down drones instead. Concurrently, both Bitcoin and Ethereum experienced a rebound due to short squeeze activities. However, traders remain cautious as the last crypto options expiry before the upcoming Bitcoin … Read more
The fourth Bitcoin halving is approaching, expected to happen tomorrow, on April 20, 2024, usually a time for gatherings and excitement among enthusiasts. Despite current circumstances, the anticipation remains high with increased Google searches and constant talk on crypto social media. However, with the internet being a source of misinformation, it’s important to separate fact … Read more
In an interview with Fox Business, Ripple CEO Brad Garlinghouse expressed his belief that his estimation of a $5 trillion cryptocurrency market could be on the conservative side. He expressed to Maria Bartiromo during their conversation that he may have underestimated the situation. Despite Bitcoin‘s price dropping significantly in the last week, the head of … Read more
In an unexpected development, the price of XRP has drawn investors’ focus back to it, rising to roughly $0.50 in value, even as marketwide cryptocurrency prices fluctuate significantly. It’s worth mentioning that this revival coincides with positive trends for leading cryptos such as Bitcoin, Ethereum, and Solana. Recently, an intriguing event took place as one … Read more
Recent drop in Bitcoin prices has resulted in record-breaking inflows to so-called accumulation addresses, according to on-chain data. Bitcoin Accumulation Addresses Have Aggressively Bought The Dip A crypto analysis expert noted in a recent CryptoQuant Quicktake that the total Bitcoin deposits into savings wallets reached a new record high. Here, the term “accumulation addresses” refers … Read more
Based on a South China Morning Post article, three people have been arrested by Hong Kong customs officials for their involvement in a large-scale HK$1.8 billion ($228 million) money-laundering scheme. This operation utilized a cryptocurrency platform and bank accounts connected to shell companies. Authorities made arrests after examining questionable financial dealings marked by unusually high … Read more
Approaching on April 19, the long-awaited Bitcoin halving event has sparked an intriguing development among miners. Contrary to the pre-halving selling frenzies observed in 2016 and 2020, miners are now hoarding Bitcoins instead of following past tendencies. Miners Accumulating Bitcoin One analyst wrote in a recent post on X using CryptoQuant as a source, that … Read more