The upcoming United States elections set for November could have far-reaching implications for the American crypto industry, as candidates hold divergent views on digital assets. Crypto exchange Coinbase predicts that crypto voters will play a pivotal role in the election’s crucial races, particularly the presidential competition. Crypto Ownership in Battleground States A recent survey conducted
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Cryptocurrency, especially Bitcoin, is gaining significant importance in the political arena, particularly in the context of the 2024 presidential election. Recent polls have shown a shift in voter sentiments, especially among Republicans, based on their candidates’ stance on cryptocurrency. According to a study funded by crypto-focused investment firm Paradigm, a considerable number of Republicans have
Bitcoin (BTC) is currently facing a crucial moment in its price trajectory, with indicators suggesting conflicting signals about its future movement. While some metrics point towards a possible bottoming out of the recent correction, others indicate a potential further decline in the price. Stablecoin Liquidity Growth One key factor influencing the price movement of bitcoin
The world of cryptocurrency has always been filled with controversy. From meme coins to tokens based on global events, the market is constantly evolving and reacting to the news around it. One recent event that highlighted this phenomenon was the attempted assassination of the former US President. The ongoing battle for power in the United
Bitcoin, the primary cryptocurrency, has seen a significant amount of volatility in the past week. Its price has been fluctuating between $54,000 and almost $60,000, currently trading at around $58,000 according to data from Coingecko. This heightened volatility has led numerous analysts to speculate about the possibility of a fresh resurgence in the near future.
In recent years, stablecoins have experienced several high-profile collapses and de-pegging events. Despite these challenges, stablecoins have managed to maintain and even increase their market share, showcasing a growing demand for these digital assets. The market, however, remains dominated by Tether’s USDT, although its stronghold has been weakening over the past couple of years. According
In a recent hearing, Judge Katherine Polk Failla raised doubts about Coinbase’s attempts to subpoena SEC Chair Gary Gensler in the ongoing legal case against the cryptocurrency exchange. Despite Coinbase’s insistence on acquiring Gensler’s communications, including statements made before he assumed his role as SEC Chair, Judge Failla expressed skepticism. She pointed out that Coinbase
Germany’s on-chain Bitcoin wallet balance has officially reached zero, indicating that the sell pressure from the European economic powerhouse is likely coming to an end. This news comes after weeks of a bearish narrative hanging over the crypto market, with on-chain indicators now suggesting that a local bottom is near. According to Arkham Intelligence, the
Ethereum’s price has experienced a significant drop recently, particularly after facing resistance at the $4,000 level for the second time. Looking at the daily chart, it is clear that the price has been forming lower highs and lows ever since failing to break through the $4,000 resistance. Additionally, the market has broken below the 200-day
Bitcoin’s price has been on a rollercoaster ride recently, with significant fluctuations in a short period of time. Just yesterday, the price surged near $60,000 after the release of CPI numbers, only to lose momentum and retrace by over $2,000. This extreme volatility has been a common theme for Bitcoin in recent days. Market Reaction
