Cardano price was up more than 2% today, amid a positive sentiment hovering in the broader crypto market. Besides, the recent rally and optimistic outlook from the top market experts have also sparked optimism over a potential rally of ADA to $1. However, it’s worth noting that crypto has witnessed volatile trading lately, which has…
Fears about the ECB Bitcoin ban have swelled since a controversial report’s release. Analyst Tuur Demeester warns that the report’s negative portrayal of Bitcoin could justify harsh ECB Bitcoin regulation, including potential bans. The recent European Central Bank paper, “Distributional Consequences of Bitcoin,” has undoubtedly created controversy among most cryptocurrency advocates. Demeester thinks this is…
Shiba Inu Coin Primed for Potential Breakout Rally, Analysts Say The meme token Shiba Inu (SHIB) is garnering renewed attention from crypto investors as the week comes to a close, with many speculating about a possible repeat of its meteoric 2021 price surge. Recent developments in the SHIB ecosystem, including an accelerated token burn rate…
The crypto market participants are anticipating the impact of Ripple’s RLUSD stablecoin launch on XRP price. Some speculate that this could push XRP to $2, others suggest $1 is a reasonable target. Let’s explore how high XRP price might go post Ripple’s stablecoin goes live. Can XRP Price Hit $2 Post Ripple’s RLUSD Launch Ripple’s…
The US Spot Bitcoin ETF has recorded a record influx of over $2 billion this week, catching the eyes of investors. Notably, this surge in the Wall Street players’ interest also appears to have boosted the broader market sentiment, as evidenced by the recent jump of BTC price to nearly $69K. Besides, a renowned analyst…
An autonomous AI bot named Truth Terminal has reportedly become the first AI to reach millionaire status, following a substantial surge in its cryptocurrency holdings. The bot, which was initially funded with a $50,000 grant from venture capitalist Marc Andreessen, has significantly increased its portfolio through strategic investments in meme tokens, including Fartcoin and the…
Kamala Harris’s transition team is reportedly evaluating potential candidates to replace Gary Gensler as SEC Chair, according to sources familiar with the matter. Two names being considered are Georgetown Law professor Chris Brummer and Public Company Accounting Oversight Board (PCAOB) Chair Erica Williams, both seen as more crypto-friendly than Gensler. However, Vice President Harris has…
The U.S. Securities and Exchange Commission (SEC) has granted accelerated approval for the listing and trading of options tied to spot Bitcoin exchange-traded funds (ETFs) on the New York Stock Exchange (NYSE) and the Cboe Exchange. This decision follows a significant rise in interest in Bitcoin ETFs and offers traders an alternative way to gain…
Goatseus Maximus (GOAT), an AI-generated meme-cryptocurrency, quickly gained traction in crypto due to its viral nature and strong organic growth. Along with a high-momentum rally, its balanced supply distribution and whale accumulation signal the asset’s potential for a higher rally. Will Goatseus Maximus price prediction surpass $0.5? Goatseus Maximus Price Prediction: Is a Surge Beyond…
The cryptocurrency market saw notable activity today, with leading coins stabilizing and preventing further downside. Bitcoin (BTC) held above $68,000, while Ethereum (ETH), Solana (SOL), and XRP traded in positive territory. The global crypto market cap increased 0.8% to $2.35 trillion over the past 24 hours, though trading volume dipped 3.5% to $73.06 billion. The…