Bitcoin has experienced a meteoric rise in value over the past month, reaching over $65,000 in March. This surge in price can be attributed to a variety of factors, including growing institutional interest in the cryptocurrency. Markus Thielen, head of research at Matrixport, predicts that Bitcoin is headed for another all-time high this week. This
In a surprising turn of events, Apple recently announced the cancellation of its Apple Car project, sending shockwaves through the tech industry. However, amidst this chaos, Solana meme coin traders found themselves becoming increasingly bullish on a new token – TESLA. The excitement surrounding this new token led to a staggering 500x price pump in
Bitcoin has been on an upward trajectory, hitting the $64,000 mark amid a broader rally in the crypto market. Analyst Ali Martinez has identified key trends that could determine the next direction for the leading cryptocurrency. Martinez highlighted that more than 500,000 Bitcoins were transacted within the range of $61,100 and $61,800, forming a strong
Recently, a U.S. court made a significant ruling that classified the trading of specific cryptocurrency assets on secondary markets, including platforms like Coinbase, as securities transactions. This ruling came about in an insider trading case involving former Coinbase product manager Ishan Wahi, his brother Nikhil Wahi, and their associate Sameer Ramani. The Securities and Exchange
Recently, the Securities and Futures Commission (SFC) in Hong Kong issued a warning to the public about suspicious websites impersonating licensed crypto exchanges in the city-state. The notice highlighted that these fraudulent sites were using the image and branding of Hash Blockchain Limited and OSL Digital Securities Limited to deceive users. This deceptive tactic has
The past seven days have seen a significant shift in the NFT landscape, with Bitcoin non-fungible token (NFT) sales surpassing Ethereum. Data from CryptoSlam shows that Bitcoin NFT sales reached $168.5 million, an impressive 80% week-over-week growth, while Ethereum generated $162 million in sales during the same period. This surge in Bitcoin NFT sales can
Polkadot (DOT) has been gaining momentum in the crypto market, particularly against the US Dollar. The price has exceeded the $8.80 resistance level and shows potential to continue rallying beyond the $10 mark. This steady increase in DOT price comes after forming a solid base above $7.50, marking a notable 25% rise in just a
Ethereum’s price has been consolidating gains above the $3,400 mark, showing positive signs of potential growth. With the price currently trading above $3,400 and the 100-hourly Simple Moving Average, there is a sense of stability in the market. Additionally, a key bullish trend line has formed with support at $3,420 on the hourly chart of
The recent case of a man in his thirties being sentenced to five years in prison for crypto-related fraud highlights the growing trend of scammers targeting AfreecaTV BJ stars in South Korea. These BJ stars, who are celebrities in their own right on the leading real-time streaming platform, have become victims of increasingly sophisticated schemes
The controversy surrounding Binance in Nigeria has escalated with the House of Representatives Committee on Financial Crimes issuing an ultimatum to Binance CEO Richard Teng. The committee requested Teng to appear before them by March 4 due to alleged involvement in financial crimes such as money laundering and terrorism financing. Failure to comply with the