Bitcoin, the flagship cryptocurrency, recently experienced a drop below the $63,000 mark after hitting a new all-time high of $73,750. This price correction has been attributed to various factors, with one of the main culprits being the impending Bitcoin Halving event. According to insights provided by crypto trader Rekt Capital, Bitcoin seems to be entering
The cryptocurrency market has seen its fair share of ups and downs recently, with many of the top digital assets experiencing significant losses. However, AVAX has managed to defy the odds and stand out as one of the most resilient cryptocurrencies in the current landscape. Despite a slight dip in price over the past 24
The Government Pension Investment Fund (GPIF) of Japan, known as the world’s largest pension fund with assets totaling $1.5 trillion, has made headlines by revealing its intent to explore diversified investment opportunities that include Bitcoin. This move represents a significant departure from its traditional investment approach, which has primarily focused on conservative asset classes. The
XRP price has experienced a downside correction from the $0.7450 resistance level. The bulls are currently facing a challenge to maintain the price above the $0.5850 support level. There was a failed attempt to surpass the $0.7450 resistance, resulting in a fresh decline below $0.650 and the 100 simple moving average on the 4-hour chart.
Ripple’s recent transfer of 240 million XRP tokens to an unknown address has once again sparked concerns within the XRP community. The first transaction of 100 million XRP occurred on March 5, followed by another transfer of 140 million XRP on March 13. This has led many to question the impact of these sales on
In a recent event held in Seoul, South Korean regulators engaged in discussions with officials from ASEAN and the OECD regarding crypto policy. The event, hosted by the Financial Services Commission (FSC) of South Korea, aimed to address the risks associated with cryptocurrencies and other related matters while sharing progress on digital finance policies in
A recent ruling by a Federal High Court in Nigeria has commanded Binance, a prominent cryptocurrency exchange, to provide detailed information on all its Nigerian users to the Economic and Financial Crimes Commission (EFCC). This order comes in the midst of escalated tensions between Binance and Nigerian authorities, fueled by the country’s economic instability and
AI technology has undoubtedly revolutionized various industries, including the financial sector. However, with great innovation comes the potential for abuse. Recently, US SEC chair Gary Gensler has raised concerns about the practice of “AI washing” and its implications on securities laws. This article delves into the issue of AI washing, the SEC’s response to such
As XRP (XRP) struggles to keep up with the overall rally of the cryptocurrency market in 2024, investors are turning their attention to a new Initial Coin Offering (ICO) called 5thScape in hopes of achieving a potential 1,000% return on investment (ROI). While XRP is currently trading at $0.65, it has remained relatively flat since
Solana’s SHARK token has seen a significant surge in price, reaching above $200 in recent trading. The token, which is just 2 days old, gained immense traction upon its listing on Solana DEX markets. However, despite the initial pump of +9,400% in the first hour, the price has since retraced, currently trading at $0.0055 with