Bitcoin (BTC) is currently experiencing what some experts describe as the early stages of a bull market. This assessment is based on a significant chart pattern that is unfolding for the first time in Bitcoin’s history. Alistair Milne, an entrepreneur, recently highlighted the occurrence of Bitcoin’s first weekly “golden cross” on social media platform X.
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The UK Financial Conduct Authority (FCA) has recently issued a warning against Poloniex, a cryptocurrency exchange platform associated with Justin Sun. According to a statement released on December 6th, the FCA stated that Poloniex may be promoting financial services or products without proper permission. As a result, individuals in the UK are advised to avoid
For years, the cryptocurrency exchange Binance has kept the location of its global headquarters shrouded in secrecy. Richard Teng, the newly appointed CEO, recently reinforced this tradition by declining to disclose this vital piece of information to the Financial Times on December 5. This article explores the implications of Binance’s reluctance to reveal their base
At the “Annual Oversight of Wall Street Firms” hearing before the Senate Committee on Banking, Housing, and Urban Affairs, Senator Elizabeth Warren took the opportunity to question bank CEOs about illicit financial activities involving cryptocurrencies. In her argument for regulatory legislation, Senator Warren highlighted the use of cryptocurrencies for funding criminal organizations and rogue regimes,
In recent weeks, the digital asset market has experienced a significant surge in bullish activity, with the prices of most cryptocurrencies reaching levels not seen in over 18 months. Alongside the rise in asset prices, decentralized finance (DeFi) activities have also seen substantial growth in terms of volumes and staking, as investors aim to maximize
Helium (HNT), a decentralized network launched in 2019, has recently become one of the top performers in the cryptocurrency market. Over the past 30 days, HNT has achieved staggering gains, surpassing 147%. This remarkable growth has continued with gains of 101% and 45% over the past fourteen and seven days, respectively. In just the last
Bitcoin has experienced a remarkable surge, gaining almost 170% since the European Central Bank (ECB) warned of its impending irrelevance. This unexpected turn of events undermines the predictions made by economists and demonstrates the resilience and strength of Bitcoin in the face of criticism. Back on November 30, 2022, when the ECB published a blog
The recent listing of EAGLE on Uniswap caused quite a stir in the cryptocurrency market. This meme token experienced an astonishing surge of over 2,000% in just one day, reaching a record high of $0.0012. However, the excitement was short-lived as EAGLE started plummeting rapidly, currently standing at $0.00005215 at the time of writing. This
Bitcoin (BTC) has seen a surge in price, hitting $44,000 on December 5th, signaling a significant milestone for the leading cryptocurrency. This article will delve into the factors contributing to this rally and examine the potential implications for Bitcoin moving forward. BTC’s recent price surge represents a breakthrough resistance level that has presented itself multiple
Bitcoin (BTC), the world’s leading cryptocurrency, has recently reached a new yearly high of $42,100 on Monday, sparking excitement among investors. However, this significant price increase has also raised concerns among market participants about the possibility of a potential correction and a subsequent liquidity sweep. Market experts are cautious about ruling out the potential for