The United States is stepping up regulatory efforts against crimes involving cryptocurrencies and related assets. Warren Buffett’s longtime partner, Charlie Munger, compared Bitcoin to a venereal disease. This week Ukraine’s parliament approved a bill to legalize digital assets in the country, with strong majority support. Here are the main cryptocurrency headlines you may have missed … Read more
Bitcoin’s on-chain activity remains significantly below the heights seen during the 2021 bull market. In May 2021 the network averaged roughly 1.12 million active addresses per day and nearly 489,000 newly created wallets each day. Today, those figures have fallen to approximately 624,000 active addresses and 278,000 new wallets per day. Compared with the 2021 … Read more
This week, hundreds of Ethereum wallets — many of them dormant for seven years or more — were emptied in a coordinated on-chain campaign linked to the same attacker addresses. Observers tracking the activity estimate losses have already exceeded $800,000. What Happened and What We Know So Far The first public alarm came from a … Read more
Bitcoin (BTC) is trading near $110,000 (around $109,700), defying recent “summer stagnation” predictions after a 3.26% surge over the weekend. QCP Capital noted that BTC has been “stuck in a narrow range,” with signs of fatigue such as weakening open interest and tapering spot-ETF inflows. Bitcoin’s breakout coincides with U.S.-China trade talks and a $22 … Read more
Bitcoin’s rally halted yesterday at $79,500, and the price slipped in subsequent hours, dropping roughly $3,000 in total. Aside from Dogecoin, most large-cap altcoins also posted losses over the past 24 hours, with ZEC, XMR and HYPE among the steepest decliners. BTC Rejected at $79.5K Bitcoin dipped below $75,000 at the start of last week, … Read more
Once again the price of Terra (LUNA) surpassed $55 as it attempted to regain a bullish trend. At the time of writing, the price stood at $61.56, reflecting a 13.18% increase over the past 24 hours. During the day the coin reached a high of $63.99 and a low of $52.71. Why is Terra (LUNA) … Read more
XRP opened June with its largest decline in three months. The long-held $1.20 support band, which acted as a reliable floor for months, has been breached and the price is now trading around $1.11. The RSI sits at its lowest level since the capitulation in February, and the next significant support lies roughly $0.30 lower. … Read more
Pi Network price fell to an all-time low of $0.22 amid wide profit-taking across the cryptocurrency market. Bulls are watching for a buy-the-dip opportunity that could trigger a rebound toward $0.50. Technical indicators are mixed, reflecting an indecisive market environment. Pi Network continued its downward movement on Tuesday as the token briefly dropped to a … Read more
One of the world’s largest wealth management firms, Morgan Stanley, is preparing to offer cryptocurrency trading through its E*Trade platform, which the firm acquired for $13 billion six years ago. Its strategy focuses on competing with lower fees. Morgan Stanley Enters Crypto Trading The bank plans to charge 50 basis points per transaction, calculated on … Read more
Key takeaways Ether rose about 3% in the past 24 hours and is now trading above $3,000. The token could push toward $3,400 soon amid bullish market sentiment. Ether hits $3k as BTC reaches a fresh record The cryptocurrency market has started the week strongly, with Bitcoin and several major cryptocurrencies moving higher. Bitcoin, the … Read more