Benjamin Cowen foresaw ETH price dropping to $1200 as the 2024 pattern mirrored 2019 trend.
While the crypto project itself is not involved in the trading of its users’ data, others who engage in purchasing and reselling Worldcoin accounts and tokens may be illegally offering payment services under the PS Act, raising concerns about the potential misuse of digital identities for malicious purposes, such as money laundering.
The US spot Bitcoin ETFs registered a net cash inflow of about $28 million, thus ending eight consecutive days of notable bleeding.
This settlement is one of several legal battles that FTX has faced since its collapse.
BBVA disclosed that the integration of the USDC stablecoin will enable their clients to speed up their trading operations by enabling them to transfer value more efficiently with blockchain.
In terms of their reserve ratio, Binance has a ratio of 106.84% for its BTC assets, 103.68% for its ETH assets, DOGE for 100.09%, 112.82% for USDT, and 102.67% for its Solana (SOL) assets.
Kraken has pointed out a broader issue affecting the entire crypto industry in Australia – unclear regulations.
Bitcoin’s network hashrate reached an all-time high, signaling strong long-term growth potential despite recent market stagnation and liquidation of long positions.
Crypto didn’t feature on the latest list of bipartisan regulation request made by US Senate Majority Leader Chuck Schumer.
The Buterin-linked wallet has transferred 760 ETH in exchange for 1.835 million USDC at an average price of $2,414 per ETH.
On the other hand, the report warns that if Vice President Kamala Harris wins the election, Bitcoin could face a significant downturn.
Despite the recent outflows, Bitcoin ETFs continue to dominate the ETF market.
On-chain data shows that Cardano has experienced a significant spike in daily active addresses, marking the highest level of activity since March 2024.
This partnership aligns with Alchemy Pay’s broader goal of bridging traditional finance and the crypto world, making transactions more fluid and less cumbersome.
The Merlin Chain (MERL) network has registered palpable growth in the past few months after its launch due to the notable Bitcoin’s growth among institutional investors.