In the world of cryptocurrency markets, the variables that impact price action are crucial for analysts and investors to grasp. Ali Martinez, a reputable expert in the field of cryptocurrencies, recently delved into the fluctuations in Bitcoin’s price by applying basic economic theory related to supply and demand. It is important to recognize that the
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Oklahoma has made history by becoming the first state in the United States to officially protect the right to self-custody Bitcoin through the enactment of a groundbreaking bill. This legislation, known as the ‘Bitcoin Rights’ bill or HB3594, was signed into law by Republican Governor Kevin Stitt, marking a significant step forward in the realm
The global cryptocurrency market capitalization has experienced a slight decline of 0.6% in the past 24 hours, bringing it to $2.49 trillion. Despite this overall decrease, there have been some notable fluctuations among the top 100 coins by market cap. Stacks (STX) saw the largest drop, falling by 9% to $1.97, while BONK followed with
Reddit’s stock rose by 13.5% following the announcement of a data-sharing deal with OpenAI, the brains behind the AI chatbot ChatGPT. This collaboration will grant OpenAI access to Reddit’s data API, enabling real-time content retrieval from posts on the platform. The partnership aims to enhance user engagement and introduce new AI-powered features to the Reddit
Dogecoin recently experienced a correction in its gains, testing the $0.150 zone against the US Dollar. However, it is now forming a base and there are indications that it might start a fresh increase above $0.1520. Despite jumping towards $0.160, the price corrected gains and is currently trading above the $0.150 level and the 100-hourly
France’s financial regulator, Autorité des Marchés Financiers (AMF), recently issued a warning to French investors regarding Bybit, a popular cryptocurrency exchange. According to a notice released on May 16, AMF stated that Bybit is not a registered platform in the country and therefore, not authorized to provide its services to residents of France. This raises
The Shiba Inu ecosystem has recently witnessed a groundbreaking transition as ShibaSwap, its decentralized exchange, has successfully migrated to the Shibarium blockchain. This move signifies a momentous milestone for the Shiba Inu community, as it signifies the transformation of ShibaSwap into a versatile, multi-chain decentralized exchange operating on both Shibarium and Ethereum. With its upgrade
In the post-halving world of Bitcoin, the unexpected has happened. Rather than witnessing a surge in hashrate following the block reward reduction in April, Bitcoin’s computational power has taken a nosedive, dropping by as much as 20% in recent weeks. The decline in hashrate has sparked a heated debate among analysts, with some speculating about
The world of meme coins has been experiencing a rollercoaster of emotions lately, with the return of Roaring Kitty igniting excitement across the markets. In this article, we will take a closer look at the recent trends in Wall Street Pepe (WSP) and explore whether a newcomer, Dogeverse, could potentially offer a more stable investment
XRP price is currently attempting to break above the $0.5050 resistance level, with the potential to gain bullish momentum if it manages to clear the $0.520 resistance mark. The cryptocurrency is showing signs of a steady move towards a positive direction as it trades above $0.5120 and the 100-hourly Simple Moving Average. There was a