In simpler terms, the deserts of the Middle East are undergoing a digital gold rush as cryptocurrencies and their markets gain massive popularity. Daily traders are flocking to the region, and there’s an increasing acceptance of regulations that support cryptocurrencies. Crypto For The Everyman According to Bitget’s findings, there are approximately 500,000 active crypto traders … Read more
In the most recent development of the ongoing legal dispute between Ripple and the SEC, Ripple’s Chief Legal Officer, Stuart Alderoty, has spoken out against the SEC’s demand for a $2 billion penalty. Alderoty reiterated that Ripple intends to keep fighting the SEC’s proposal for damages. Alderoty pointed out that Ripple hasn’t been charged or … Read more
Bitcoins price has seen significant growth in the cryptocurrency market recently, fueled by heightened expectations following the Bitcoin Halving event. Some analysts have issued caution about possible short-term price fluctuations, while others are optimistic about a potential long-term increase in Bitcoin’s value. Notably, many industry experts have shared bullish predictions for Bitcoin’s future price trends. … Read more
Recently, Lucie, the marketing head for Shiba Inu, spoke to the community’s concerns about Bone Shibaswap (BONE) and Treat (TREAT) tokens in a public statement. She reassured the importance of these tokens as part of Shiba Inu’s growing ecosystem. Despite rumors suggesting that BONE may become obsolete following Shiba Inu’s Layer 3 launch, Lucie dismissed … Read more
After the recent Bitcoin halving, the cryptocurrency market is showcasing four small-cap altcoins that could bring impressive returns for investors: Gala (GALA), Akash Network (AKT), Ronin (RON), and Axie Infinity (AXS). These assets are profiting from the present bullish trend. Each one provides unique features and boasts a strong supporter base. Many believe these altcoins … Read more
After the fourth Bitcoin Halving was finished, there was a revived optimism among crypto investors about market recovery. The prices of altcoins have surged due to Bitcoin’s bounce back over $65K, allowing funds to be redirected towards riskier cryptocurrencies. Over the past week, Bitcoin’s price has risen by 4%, now sitting at $66131. Ethereum, on … Read more
Recently, a large-scale XRP transaction worth around $13.7 million, or 24.5 million units of the cryptocurrency, was detected and brought attention to the ongoing debate about XRP’s future direction. This significant purchase by a crypto investor, identified as a “whale,” underscores their strong belief in XRP while potentially signaling a change in market opinion towards … Read more
According to IntoTheBlock’s data analysis, Shiba Inu’s price shows robustness as indicated by on-chain metrics. These metrics demonstrate that a significant number of holders are supporting the coin. Moreover, the Active Addresses by Profitability suggest that over 35 trillion addresses are currently profiting from the Shiba Inu price level. Delving deeper into the on-chain information, … Read more
After the highly anticipated fourth Bitcoin Halving, QCP Capital offers insightful analysis on potential short-term implications for the cryptocurrency market in the aftermath of this event. Bitcoin Bulls To Hold Larger Long Position Post-Halving During a recent broadcast on Monday, QCP shared an in-depth examination on Telegram, covering the intricacies of post-halving periods and offering … Read more
Based on Bloomberg’s report, the defunct Bitcoin exchange Mt. Gox, previously responsible for processing around 70% of global Bitcoin transactions, is potentially preparing to dispense approximately $9 billion in Bitcoin to its indebted clients. This event represents a pivotal moment in the lengthy and complex story of cryptocurrency’s history. In 2011, Mt. Gox, once the … Read more