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The current state of the cryptocurrency market is indicating a blend of seasons, as reflected by the CoinMarketCap (CMC) Altcoin Season Index scoring 35 out of 100. This value suggests the market is closer to a Bitcoin season rather than an Altcoin Season . Key for investors seeking to navigate the market’s upcoming changes is…
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XRP News: The crypto has made a new record crossing the brief $1 mark today, sparking optimism in the broader market. Notably, the rally comes as Ripple whales have continued their accumulating, signaling growing interest in the crypto. Besides, CEO Brad Garlinghouse has also shared bullish comments on the broader crypto market under Trump’s presidency,…
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Several Republican lawmakers from the House of Financial Services Committee are questioning the US SEC’s silence over the functioning of Prometheum’s Ethereum custody services while labeling ETH as a “crypto asset security”. In a recent move, representative John Rose wrote a letter to SEC Chair Gary Gensler and FINRA President Robert Cook, slamming the securities…
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Gary Gensler is widely popular in the crypto industry but for the wrong reasons, which Tyler Winklevoss recently shed light on. Over the years, the SEC (U.S. Securities and Exchange Commission), under his power, has charged 104 enforcement actions against crypto service providers. This has been a concern for business owners and investors over the…
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The Bitcoin price has noted a surge of around 3%, continuing its run towards the North while gaining the investors’ attention. The recent momentum indicates that despite a short-term pullback, the bulls are still dominating the market after Donald Trump’s win in the US election. Besides, it has also sparked speculations over the potential reasons…
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Crypto trading is all about timing, cryptocurrency, and trading strategies. However, one more important factor builds or destroys the trade: patience. It is also called HODL, or holding the cryptocurrencies for a designated time or until the price doesn’t match investors’ expectations. With the same technique, a satoshi-era crypto whale turned a few bucks BTC…
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Bitwise Asset Management has reached a new milestone, crossing $10 billion in client assets under management (AUM) across its investment suite. This achievement of the leading asset manager reflects the surging interest in Bitcoin and the broader crypto market. Notably, the firm’s focus on providing innovative crypto investment solutions positions it as a key player…
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LUNC News: The Terra Classic community has approved a proposal to transfer CoinMarketCap dashboard account access to top validator Allnodes directly. The move comes as the community recently asked Terraform Labs to grant access to the validator, but the beleaguered company failed to transfer the access. LUNC and USTC price gains upside momentum to breakout…
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The U.S. Commodities and Futures Trading Commission (CFTC) has finally given the ‘green flag’ for the approval for spot Bitcoin ETF options trading. This clears the path for the listing of Bitcoin options products, which will give the BTC ETFs greater exposure on Wall Street. However, there’s still one last approval left to come from…
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The cryptocurrency market has experienced a volatile week, following Bitcoin price hitting an all-time of $93,434.36, then dropping to $87,000, before beginning a recovery. BTC has been trading between $86,682.82 and $90,677.18, causing shockwaves in the entire market. Some top altcoins including Ethereum have also dropped in their values. In spite of these changes, certain…