In the volatile world of cryptocurrency, Bitcoin (BTC) remains a pivotal player. Currently, it’s hovering nearly 7% below its all-time high (ATH). However, for those examining the on-chain metrics, this moment could symbolize a strategic entry point into the Bitcoin market. The resurgence of interest surrounding the Hash Ribbons indicator, utilized by analysts like Darkfost
Crypto
In the world of cryptocurrencies, where trust is as volatile as the coins themselves, news of a Trump-branded crypto wallet has raised eyebrows and ignited speculation. Recently, Donald Trump Jr. vehemently asserted that neither he nor his family is connected to the newly announced “Trump Wallet.” This wallet, purportedly developed through World Liberty Financial in
The Ethereum Foundation recently made waves by laying off several members of its research and development team, a move that many within the community have interpreted as both bold and alarming. These layoffs are not merely an isolated incident but represent a crucial step in a broader restructuring plan aimed at tackling significant protocol design
In a bold maneuver that raises more questions than answers, Binance founder Changpeng Zhao (CZ) has proposed the creation of a decentralized exchange (DEX) where user orders are hidden from sight. His suggestion, presented in a recent social media post, aims to address the pressing issue of Maximal Extractable Value (MEV), a practice notorious for
Bitcoin, a digital currency that once seemed immune to traditional market ailments, is currently facing turbulent waters—culminating in a noteworthy rejection at the $111,000 mark. This price point, which looked promising during its brief breakout past the previous all-time high of $109,000, has turned into a formidable barrier. For cryptocurrency enthusiasts and investors, this isn’t
Ethereum has recently showcased a hefty rise of over 44% this month; however, it remains trapped beneath the ominous $2,750 resistance level. This seemingly festive uptick stands in stark contrast to the persistent struggles the altcoin faces, highlighting a reality that poses a growing concern for investors. While many expect Ethereum to rise alongside its
In a pivotal move on May 29, the SEC’s Division of Corporation Finance revealed its stance regarding staking involved with proof-of-stake networks. The determination that protocol staking activities do not classify as securities offerings marks a watershed moment for the cryptocurrency sector. With this clarity comes the assurance that these staking activities—ranging from self-staking to
El Salvador’s recent staff-level agreement with the International Monetary Fund (IMF) concerning its 40-month Extended Fund Facility (EFF) arrangement brings both hope and concern. Yes, the pact underscores a seemingly robust initial performance by the Salvadoran government. However, it also starkly highlights that this progress is deeply contingent on the ongoing adherence to stringent conditions.
Over the past year, the intersection of artificial intelligence (AI) and cryptocurrency has emerged as a vibrant yet largely unexplored frontier in the financial ecosystem. With a significant number of tokens—20 in total—amassing a combined market cap nearing $20 billion, this sector remains the smallest within the crypto sphere. Measured against the Financials sector, which
Tron (TRX), a cryptocurrency that has oft been overshadowed in the vast cryptosphere, is now taking center stage thanks to a robust correlation with Bitcoin (BTC). As market analysts point out, Tron could not only rise but could potentially quadruple in value. This isn’t merely speculation; it stems from concrete observations made by on-chain researchers
