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Bitcoin Technical Analysis: BTC Faces Continued Downtrend Amidst High Selling Pressure

21.6.2024
Bitcoin’s price continues its downward trajectory, coasting along at $63,950 per unit on June 21, 2024. Despite showing potential entry points, the market is experiencing significant selling pressure across all time frames. Technical indicators suggest a cautious approach for traders...

Bitcoin reclaims blockchain dominance post-BTC halving

21.6.2024
Bitcoin’s blockchain bandwidth usage surpasses 90% post-halving, driven by new token standards and increased transaction volume

Bernstein analysts expect $200K Bitcoin price by 2025 due to spot BTC ETF flows

20.6.2024
Analysts at Bernstein predict Bitcoin price to hit $200,000 by 2025 and $1 million by 2033

Italy to Increase Surveillance of Crypto Market With Fines as High as 5M Euros: Reuters

20.6.2024
Italy is set to adopt measures that will include high fines for those who manipulate the crypto asset market as part of a wider scheme to beef up surveillance of risks tied to the sector

Singapore flags digital payment tokens as high-risk in AML landscape

20.6.2024
Singapore said DPT service providers, also known as virtual assets service providers, stand out as a high-risk category within the financial sector

Nigerian High Court dismisses Binance exec's suit over detention

19.6.2024
Nadeem Anjarwalla escaped prison and traveled to Kenya, and his colleague will press his rights claims in court next month

Coinmetrics Report Explores the Risks of High FDVs in Crypto Markets

18.6.2024
A new report by Coinmetrics, along with researchers Victor Ramirez, Matías Andrade, and Tanay Ved, delves into the complexities of crypto tokenomics. The report explores the intricate balance of token distribution, valuation, and market impact. Understanding FDV and Token Float: Key Insights...

Traders unbothered by Bitcoin’s sub-$65K levels, say BTC price remains ‘high and steady’

18.6.2024
Bitcoin price requires high demand-side pressure to push the BTC out of an extended correction

Star Wars: The Acolyte Episode One Is The Fresh Take The Jedi Needed

17.6.2024
A long time ago in a galaxy that’s ours, Star Wars meant fun, adventure, creativity, and cultural impact. Then Disney bought the rights from George Lucas and the franchise suffered from quality control and oversaturation (*cough* Solo, *cough* The Book of Boba Fett). When The Acolyte trailer...

Bitcoin’s New Normal: Prices Over Five-Digits for 28% of Its Lifetime

17.6.2024
Over the past week, bitcoin has declined by 4% against the U.S. dollar from June 9 to June 16, 2024, yet it has surged over 152% in the past year. This year, bitcoin has maintained a position above the $60,000 mark for a record-setting 107 days so far. Bitcoin’s Resilient Streak: Maintaining...

Bitcoin Technical Analysis: BTC Endures Persistent Downward Trend Amid High Volatility

17.6.2024
As of June 17, 2024, Bitcoin is trading at $65,805, with a 24-hour intraday range between $65,518 and $66,992. The cryptocurrency market is displaying notable volatility, as evidenced by significant trading volume and fluctuating price levels. Bitcoin Bitcoin’s 1-hour chart reveals a clear...

Ethereum scaling ecosystem’s combined TPS hits new all-time high

17.6.2024
Over 41% of those transactions took place on Xai, a new Ethereum layer-3 scaling solution focused on gaming applications

Study: Crypto Market Participants Favor Meme Coins, Shun High-FDV Projects

17.6.2024
Crypto market participants’ growing preference for character or celebrity meme tokens signals a growing disdain for projects with a high fully diluted value, the latest Kucoin report has said. Tap-to-earn projects have “remarkably higher overall participation data” due to their...

Despite Crypto Market Downturn, TON Achieves All-Time High

15.6.2024
While bitcoin and the broader cryptocurrency market experienced declines over the past three days, The Open Network’s toncoin (TON) hit an all-time high on Saturday morning, reaching $8.25 per unit. TON has climbed into the top ten rankings with a current market valuation close to...

Landmark Ruling: Crypto Dealings Not Illegal in India, Says High Court

14.6.2024
The Orissa High Court in India ruled that cryptocurrency dealings are not illegal under Indian law. This decision arose from a case involving individuals accused of fraud through a Ponzi scheme. Justice Sasikanta Mishra clarified that cryptocurrency is not considered money under the Prize Chits...

Star Wars: The Acolyte Tells Us What We Already Knew About The Jedi

13.6.2024
Disney Plus’ latest Star Wars series, The Acolyte, was always going to court controversy. The Star Wars fandom has an infamously vocal minority who are, for lack of a better term, bigots, and Lucasfilm had already promised to stand up to them ahead of the series’ launch. But after The Acolyte...

Fortune 100 companies set record high in blockchain and crypto initiatives in Q1 2024

13.6.2024
Fortune 100 companies have stepped up their involvement in cryptocurrency, blockchain, and web3 initiatives by 39% from the corresponding period of last year in the first three months of 2024. This increase signifies a new record in corporate participation that enhances these advanced technologies....