In October, Bitcoin recorded a notable price increase of 10%, registering its second consecutive month in the green. This trend has sparked interest among analysts and investors alike, leading to an optimistic outlook for the cryptocurrency in the immediate future. A closer inspection of the factors influencing this price movement highlights potential opportunities and risks
In an age where cryptocurrencies have disrupted traditional financial paradigms, emerging voices such as Semilore Faleti are carving out significant niches in the realm of crypto journalism. Faleti is not just a writer; he is a guide navigating the complexities of blockchain technologies, decentralized finance (DeFi), and the broader world of digital assets. His journey
In a noteworthy development, the U.S. Securities and Exchange Commission (SEC) has taken an aggressive stance against blockchain gaming platform Immutable by issuing a Wells notice. This comes amid a broader initiative to scrutinize cryptocurrency companies in the lead-up to the upcoming U.S. elections. Immutable’s recent blog post sheds light on the perceived implications of
Ethereum (ETH), one of the leading cryptocurrencies, has shown a noticeable upward trend recently, breaking past critical resistance levels. The price has surged above the $2,600 mark, establishing a strong foothold that indicates growing investor confidence. In this current market phase, Ethereum has not only managed to consolidate its gains but is also eyeing further
The Blockchain Association, a vital player in the crypto advocacy arena, recently highlighted a staggering $400 million spent by its member firms in response to enforcement actions imposed by the US Securities and Exchange Commission (SEC) under the leadership of Chair Gary Gensler. This revelation point towards a significant strain being placed on the cryptocurrency
In a recent fervent appeal, Coinbase CEO Brian Armstrong has urged the forthcoming Chair of the U.S. Securities and Exchange Commission (SEC) to acknowledge and dismiss what he deems as “frivolous” legal actions against cryptocurrency firms. Armstrong took to social media platform X on October 29th, arguing that these lawsuits not only stem from a
In recent trading sessions, Bitcoin has demonstrated remarkable resilience, managing to sustain its value above the critical $72,000 mark. This persistence hints at positive trends and a potential leap towards new all-time highs. A closer examination of Bitcoin’s price action reveals several underlying factors contributing to its current momentum, as well as potential challenges that
In the world of cryptocurrency, token performance can significantly shift based on listing activities across major exchanges. A recent analysis by Animoca Research painted a stark picture of the market from January to September, where the median performance of tokens listed during this timeframe on five notable exchanges—Binance, Bitget, Bybit, KuCoin, and OKX—exhibited disappointing trends.