After experiencing a brief correction from its new yearly high of $35,300, Bitcoin (BTC) is showing signs of renewed bullish momentum as it approaches the $35,000 mark again. With a key indicator following patterns observed in 2020, there is a potential surge that could propel Bitcoin to reclaim its previous peak of $65,000. Scott Melker,
Blockchain technology continues to advance at a rapid pace, with new innovations and developments constantly reshaping the industry. In line with this trend, Polygon Labs has recently made a groundbreaking announcement regarding the rollout of its highly anticipated POL smart contract token on the Ethereum mainnet. This token upgrade is set to revolutionize the Polygon
The MATIC price has been a major disappointment for investors this year. Starting at $1.5, it has plummeted to just $0.5, leaving many investors disheartened. This extended bear trend has significantly impacted investor morale, with many losing hope for a recovery. A Bullish Future for MATIC? Despite the gloom surrounding the MATIC price, one crypto
The ever-changing business environment, coupled with fierce competition, has made it increasingly difficult for companies to stay ahead of the curve. As a result, the need for making well-informed decisions in a timely manner has become crucial. In this context, predictive analytics has proven to be an indispensable tool for businesses. By leveraging machine learning
The U.K.’s Financial Conduct Authority (FCA) implemented new promotion requirements on October 8, aiming to protect consumers by ensuring transparency in the crypto industry. However, a recent announcement by the FCA highlights that many crypto firms are failing to meet these requirements, potentially putting investors at risk. This article delves into the identified shortcomings and
Coinbase, the popular cryptocurrency exchange, has accused the U.S. Securities and Exchange Commission (SEC) of overstepping its boundaries in a recent court filing. In their argument, Coinbase claims that the SEC’s classification of crypto assets as securities falls outside of its jurisdiction. They further assert that the regulatory body is attempting to redefine the criteria
Solana (SOL) has experienced a remarkable surge of 25% in its price, outperforming many other cryptocurrencies in the market. This surge follows a bullish movement in the Bitcoin price, which has reached the $31,000 level. As positive sentiment surrounds the potential launch of Bitcoin Spot ETFs, the entire crypto market seems to have come alive.
Binance, the world’s largest cryptocurrency exchange, has managed to maintain strong derivatives trading volume during U.S. trading hours, despite the ongoing legal battle with the Commodity Futures Trading Commission (CFTC). Despite initial setbacks caused by the lawsuit, Binance’s trading activity during these hours has actually increased in the six months following the legal action. Derivatives
KCS, the native token for tier-1 exchange KuCoin, is facing a challenging situation as its price action threatens to fall below the 20-day moving average (20DMA). This decline has led some investors to question the future of KuCoin, with concerns and doubts about whether it will eventually become worthless. Currently, KuCoin has fallen to the
The ongoing criminal trial of FTX founder Sam Bankman-Fried (SBF) has taken an interesting turn as his defense lawyers propose the inclusion of a financial expert witness in his defense. This article explores the significance of the proposed witness, Joseph Pimbley, and his potential impact on the case. In an effort to counter the testimonies