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Cardano and Avalanche have emerged as the top performers among the top 20 cryptocurrencies in terms of market capitalization. Over the past week, these two crypto assets have experienced significant gains, with Avalanche surging by 48.7% and Cardano increasing by 50.4% against the U.S. dollar. Top Performers of the Week: Cardano and Avalanche Record Substantial
Cardano and Avalanche Soar, Outperforming Top 20 Cryptos in Weekly Surge Read More »
The U.S. Securities and Exchange Commission (SEC) has issued a renewed warning about the potential risks associated with investing in crypto assets. The regulatory body emphasized that investments in the crypto space are often "exceptionally risky" and highlighted the prevalence of fraudulent activities, including scams, Ponzi schemes, and outright theft. SEC's Crypto Investment Warnings The
SEC Warns Crypto Investments Can Be ‘Exceptionally Risky’ Read More »
Introduction Several U.S. lawmakers have recently introduced a bipartisan bill aimed at combating terrorist organizations by imposing sanctions on foreign entities, including cryptocurrency platforms, that facilitate financial transactions for terrorists. The legislation not only seeks to crack down on these illicit activities but also aims to equip the Treasury Department with additional resources to address
Gold reached a historic high of $2,117 per troy ounce on December 3, 2023, but its price has since dropped by 5.33% in the past week. Despite this peak, its year-to-date increase against the U.S. dollar remains relatively modest at 9.9%. On the other hand, bitcoin, the leading cryptocurrency in terms of market capitalization, has
Asset Management Firm Vaneck Reveals 15 Crypto Predictions for 2024 Asset management firm Vaneck has recently unveiled its 15 crypto predictions for the year 2024. These predictions cover a wide range of topics, including the arrival of a US recession, the approval of spot bitcoin exchange-traded funds (ETFs) by the Securities and Exchange Commission (SEC),
Tether's Impressive Growth Tether, the leading stablecoin by market capitalization, has witnessed a remarkable surge in supply, with an increase of 5.5% in the last month alone. This surge has propelled Tether's market valuation to an impressive $90 billion. Since the beginning of 2023, Tether (USDT) has experienced substantial growth. Starting the year with a
Bitcoin's market dynamics reveal a mixture of optimism and caution as it stabilizes near $43,654. Oscillators are currently in a neutral to bearish state, and moving averages indicate a robust buying trend. This creates a complex scenario for investors. Bitcoin The price of bitcoin is currently steadying at $43,654, fluctuating between $43,049 and $43,840. This
Bitcoin Technical Analysis: A Lull in Bullish Activity as BTC Enters Consolidation Read More »
Positive Signals from Oscillators On Friday, December 8, 2023, ethereum's trading concluded with a 4% rise, settling at $2,358. This jump was observed within a daily trading range from $2,245 to $2,385. Underlying this upward trajectory was ether's market cap of $283 billion, accompanied by a strong 24-hour trading volume of $26.75 billion. Oscillators and
Ethereum’s Trading Ends on a High Note: A Bullish Outlook for ETH Read More »
Bitcoin and Ethereum Lead the Way Last week, the value of bitcoin surged by over 14% and ethereum also experienced a notable 13% increase against the U.S. dollar. These top contenders were not alone in their success, as a considerable number of other cryptocurrencies also saw substantial gains within the span of seven days. Market
The Rise and Fall of Cryptocurrencies: A Week of Gains and Losses Read More »