Bitcoin price has been able to hold onto gains above the $70,000 resistance level, signifying positive signs for the cryptocurrency. The price is currently trading above $71,500 and the 100 hourly Simple Moving Average, indicating a bullish trend. Bitcoin has extended its increase and tested the $73,000 zone, but the upside movement was limited. The
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Coinbase, one of the leading cryptocurrency exchanges, recently made an announcement regarding its plans to launch a $1 billion bond offering. This move is aimed at raising funds to support the company’s growth and expansion in the ever-evolving crypto market. The bonds, classified as unsecured convertible senior notes, are scheduled to mature in 2030. Investors
Scotty the AI, a new blockchain security coin, has been causing a buzz among analysts of smaller market cap projects. Combining the cultural appeal of meme coins like Dogecoin and Shiba Inu with the added utility of an AI-powered blockchain threat detection system, Scotty the AI has managed to raise an impressive $7.7 million in
Tether, a major stablecoin issuer, recently took a significant step in fighting against fraudulent schemes by collaborating with the US Department of Justice and the FBI. The joint effort resulted in the seizure of $1.4 million USDT associated with a tech support scam network that targeted vulnerable elderly individuals. The scammers exploited deceptive pop-up advertisements
In the past 24 hours, Litecoin (LTC) has seen a 1% increase in price, with the current value hitting $96.44. This marks a significant 21% jump in the past week. Over the last 30 days, LTC has posted an impressive 33% gain. Despite these positive developments, LTC has only appreciated by 40% in the past
Despite facing a minor setback with a 5% decrease in the past week, Cardano (ADA) remains strong and optimistic. With a current price of $0.75, ADA boasts a 24-hour trading volume of $1.14 billion and a market capitalization of $24 billion. Analysts, including Sssebi, are charting a positive course for ADA, highlighting the importance of
Coinbase recently made headlines after strongly criticizing the Securities and Exchange Commission (SEC) for its decision to reject the rulemaking petition. The crypto exchange did not mince words when labeling the SEC’s decision as “arbitrary and capricious.” This critique was put forward in a petition filed before the US Court of Appeals for the Third
The Nigerian government has recently obtained a court warrant to detain Binance officials for at least twelve days. This came after the officials insisted on being taken to their respective countries’ embassies. The government’s actions were reportedly in response to accusations of Binance aggravating the country’s foreign exchange challenges by manipulating rates for profit. Reports
The recent surge in interest and adoption of spot Bitcoin Exchange-Traded Funds (ETFs) has garnered significant attention in the investment community. Matt Hougan, Chief Investment Officer (CIO) of Bitwise Asset Management, discussed this phenomenon on CNBC’s ‘Halftime Report’. The market witnessed a remarkable increase in investment, with approximately $20 billion pouring into the market following
In the volatile world of cryptocurrencies, Near Protocol has been making waves recently. With a 3% increase in the past 24 hours and a staggering 63% gain over the week, Near Protocol has outperformed many major tokens in the market. The altcoin has also seen an impressive 127% rise in the last 30 days, showcasing