Doctor Profit, a prominent cryptocurrency trader, has warned that Bitcoin (BTC) could briefly surge into the $83,000–$87,000 range before suffering a sharp pullback. He predicts a dramatic event that will catch both bulls and bears off guard, wiping out poorly timed positions on both sides of the market. A Bull Trap Unfolding In his April … Read more
Crypto firms operating in the EU must report transactions and holdings in a standardized format. Regulators will gain broader access to user data, raising privacy concerns. ESMA could take oversight of major exchanges, centralizing crypto supervision in the EU. The European Union has introduced a new regulatory framework that will fundamentally change how crypto-asset service … Read more
Bitcoin’s attempt to recover pushed the price briefly above $64,000 yesterday, but momentum stalled and it now trades roughly $1,000 lower. Most large-cap altcoins are modestly higher today. Ethereum is edging toward $1,700, Binance Coin has reclaimed the $600 level, and XRP leads the top ten with a roughly 2% gain. BTC Back to $63K … Read more
Ethereum’s price stability is supporting increased use of Layer 2 networks. Developer activity and fintech integrations are driving growth. Capital flows signal growing confidence in Ethereum’s scaling solutions. Arbitrum emerged as the top-performing cross-chain bridge last week, attracting $1.9 billion in net inflows and outperforming its nearest competitors by a wide margin. This amount is … Read more
Australian exchange Independent Reserve is among the first virtual asset service providers to receive in-principle approval in Singapore The Monetary Authority of Singapore (MAS) has issued an in-principle approval letter for a Major Payment Institution Licence to cryptocurrency exchange Independent Reserve, according to the company’s recent press release. This milestone allows Independent Reserve to operate … Read more
Ripple’s native cross-border token remains one of the most recognized assets in the cryptocurrency space. The CEO of Ripple recently shared a short video explaining the characteristics that set XRP apart from other digital assets. Among the key advantages he highlighted are fast settlement times and very low transaction costs. Why Is XRP Unique? In … Read more
The funds raised will be used to accelerate the launch of new Web3 and DeFi projects within the Solana ecosystem. Solana Labs, the technology company behind the Solana blockchain, announced Wednesday that it has raised $314,159,265 through a private token sale. The funding round was led by Polychain Capital and Andreessen Horowitz, with participation from … Read more
Bitcoin woke from its weekend lull with a dramatic surge, climbing to a 12-week high just below $80,000 before a rapid rejection pushed the price down by roughly $2,000 in about an hour. The most immediate catalyst for the unexpected Monday morning spike was reporting that Iran and the United States may be moving closer … Read more
On Wednesday, the Federal Reserve implemented another interest rate hike. The Chancer token sale continued this week, raising more than $1 million. Cryptocurrency prices reacted modestly to the Fed’s latest rate decision. Bitcoin remained stuck just under the key $30,000 level, even as the Dow Jones extended an impressive rally. The index has climbed for … Read more
BitMEX co-founder Arthur Hayes is reported to have repurchased 33,978 HYPE tokens, valued at approximately $2.09 million, according to blockchain tracker Lookonchain. The platform linked the purchase to a wallet associated with Hayes, which withdrew the tokens from Bybit during Asian trading hours on Monday. The reported buyback comes just four days after Hayes stated … Read more