Treasury Secretary Janet Yellen has voiced her concern over the need for stricter regulatory measures for cryptocurrencies and artificial intelligence (AI) in the financial sector. In her recent testimony before the Senate Banking, Housing, and Urban Affairs Committee, Yellen emphasized the increasing complexity and potential risks associated with digital assets and the growing reliance on
As Bitcoin closes in on the $48,000 mark and ignites a widespread rally in the cryptocurrency market, investors seeking higher risk have begun exploring the markets of smaller-cap altcoins in search of the best crypto to buy today. While Bitcoin continues its upward trajectory, other cryptocurrencies have also shown promise. In this article, we will
Hong Kong’s Securities and Futures Commission (SFC) recently issued a warning to the public about an allegedly fraudulent crypto exchange. The organization, operating under the name MEXC, posed as a legitimate crypto exchange and targeted victims through social media and instant messaging chat groups. This article critically examines the details of this warning and highlights
The National Fraud Intelligence Bureau (NFIB) in the UK has announced that they have successfully blocked 43 potential crypto phishing websites. These websites were identified as engaging in fraudulent activities, with bad actors impersonating popular blockchain-based firms. This article delves into the details of the NFIB’s findings and sheds light on the broader issue of
The recent success of the Dymension Network’s native token, DYM, has sparked interest among investors and crypto enthusiasts alike. However, with the emergence of meme coins like Meme Kombat, it is crucial to analyze the current price trends and evaluate the potential investment opportunities they present. Despite technical difficulties and the shaky launch of the
The crypto market has witnessed a remarkable increase in the total assets under custodial accounts, soaring by a staggering 250% in the past four months. This surge can be largely attributed to the significant hype surrounding the spot Bitcoin exchange-traded fund (ETF), as revealed in a recent report by Bitget shared with CryptoSlate. However, there
Cardano (ADA) has recently gained momentum, attempting a fresh increase from the $0.4720 zone. With a close above the $0.5350 resistance, ADA could potentially start a strong rally. In this article, we will analyze the current market situation for Cardano and discuss the potential upside for the cryptocurrency. Cardano’s price is currently moving higher above
Bitcoin (BTC) has experienced a significant milestone as its price surged above $46,000 for the first time since its debut trade in January. This bullish move comes after a challenging start to 2024, where Bitcoin faced a decline despite the introduction of several exchange-traded funds (ETFs) aimed at strengthening its institutional legitimacy. In this article,
Ethereum (ETH) has been enjoying a period of consolidation above the $2,400 level after a steady increase in price. Traders and investors are now closely watching for a breakout above the crucial $2,460 resistance level, which could potentially trigger a major upward move for the cryptocurrency. Consolidation Phase Currently, Ethereum is trading above $2,400 and
Bitcoin has recently shown significant upward momentum, breaking through several key resistance levels. With the price currently above $45,500, it seems that the rally may continue towards the $48,000 resistance level. In this article, we will analyze the current market situation and explore the potential scenarios for Bitcoin’s price movement. The bulls gained strength and