Medvedev is a former Russian president and prime minister and currently serves as Deputy Chairman of the Security Council. Russia’s proposal to ban cryptocurrencies has sparked reactions from many quarters, with numerous figures voicing opposition for a range of reasons. Former Russian president Dmitry Medvedev, who also served as prime minister, has joined those who … Read more
Algorand (ALGO) appears poised for a bullish breakout. After falling below $1, the coin has consolidated just under that level for the past several days. With improving market sentiment, a move higher could be imminent. Key points to note: The $1 level has proven to be a strong overhead resistance zone for ALGO, yet the … Read more
Bitcoin surged past $62,000 after the Fed cut rates; next resistance sits around $63,000. Ethereum and Solana also climbed, reflecting a broader crypto market rally. Caution remains due to economic uncertainty and potential regulatory challenges. Bitcoin (BTC) jumped above $62,000 following the U.S. central bank’s decision to lower interest rates by 50 basis points. The … Read more
The broader cryptocurrency market has underperformed in recent days, but XRP is currently one of the top performers. The crypto market lost more than $100 billion last week, bringing total cryptocurrency market capitalization below $1.8 trillion. This bearish movement stems from losses in Bitcoin and other leading cryptocurrencies. Bitcoin plunged from $43,000 to $38,000 within … Read more
Several leading companies in the crypto industry, including Coinbase and Circle, have announced the creation of the Blockchain Association. The organization brings together exchanges, investors, and foundations that plan to coordinate lobbying efforts in Washington, D.C., on behalf of the cryptocurrency industry. Founding members of the Blockchain Association include Coinbase, Protocol Labs, Circle, Inter / … Read more
This morning, Ethereum plunged roughly 10% after an encouraging recovery rally last week, catching many traders and investors off guard. Heading into the long-awaited “Merge” upgrade, most market participants had expected Ethereum to maintain its bullish momentum. So what caused the sudden drop? Why did the second-largest cryptocurrency lose so much value in such a … Read more
A series of supercomputers across Europe have been hacked by an unknown group. Last week, an unidentified group of attackers infiltrated several European supercomputers and installed cryptocurrency mining software. More than a dozen systems in the United Kingdom, Germany, Spain and Switzerland were targeted. As a result, many of those machines were taken offline and … Read more
Taxation Will Shape the Future of DeFi and NFTs: Legge Michelle Legge, head of crypto tax education at portfolio tracker and crypto tax calculator Koinly, said recent developments—from the Biden administration’s executive actions to severe global inflation—have intensified discussions around central bank digital currencies (CBDCs). Central bank digital currencies are digital representations of a nation’s … Read more
Tether Gold (XAUt) is outperforming broader crypto markets as investors rotate into gold-backed safety. Significant whale accumulation and new liquidity channels are reinforcing bullish momentum. Key levels to watch: support near $4,800 and resistance around $5,000. Tether Gold (XAUt) has attracted strong market interest as its price rises in tandem with a historic rally in … Read more
Metacade CEO reaffirms ambitious goals ahead of main platform launch Metacade has seen rapid growth since listing on exchanges The token remains attractive as Metacade executes its roadmap Is now the right time to invest during a prolonged crypto bear market? That question is understandable, but Russell Bennett, CEO of Metacade (MCADE), deliberately launched the … Read more