Month: November 2024

Bitcoin has experienced a 7% pullback from its all-time high at $99,800 after failing to break above the psychological $100,000 mark. This retracement, while causing some concern among investors, is seen as a necessary consolidation phase for the cryptocurrency to build strength before continuing its ascent.  Despite the short-term...

Cardano (CRYPTO: ADA) founder Charles Hoskinson, a co-founder of Ethereum (CRYPTO: ETH), predicted Bitcoin (CRYPTO: BTC) could surge to between $250,000 and $500,000 within the next 12 to 24 months, citing growing institutional investment and emerging decentralized finance opportunities. What Happened: In a recent livestream from Colorado, Hoskinson emphasized...

The adoption of cryptocurrency in the UK has seen a steady rise, with an estimated seven million adults now owning crypto assets, according to a recent report by the Financial Conduct Authority (FCA). The figures indicate that approximately 12% of the UK adult population currently holds digital currencies, up...

In a big legal win for the cryptocurrency industry, a U.S. appeals court has overturned sanctions imposed by the Treasury Department on popular cryptocurrency mixer, Tornado Cash, causing the price of the associated coin to zoom 430%. What Happened: A three-judge panel from the Fifth Circuit Appeals Court in...

On-chain data shows the adoption of Cardano is now happening at the fastest pace since June 2023, a sign that could be bullish for ADA’s price. Cardano Has Registered An Uptick In New Addresses Recently According to data from the market intelligence platform IntoTheBlock, the ADA network has been...

Jim Cramer doubled down on his tip to buy crypto, saying he was “going to call the top by recommending it yet again.”...

Donald Trump’s presidential victory gave an unprecedented boost to the cryptocurrency market, pushing major assets like Bitcoin (CRYPTO: BTC) to new highs.  However, the bull market has also managed to draw attention back to those altcoins that have struggled to gain traction this year. What happened: Polygon (CRYPTO: MATIC),...

Morocco is poised to lift its long-standing ban on Bitcoin and cryptocurrencies, signaling a significant shift in the nation’s financial policy. According to Reuters, Abdellatif Jouahri, the Governor of Bank Al-Maghrib (BAM), announced that a draft law regulating crypto assets is in the final stages of adoption. “We have...

The incoming Donald Trump administration is reportedly planning to extend the regulatory power of the Commodity Futures Trading Commission to oversee a major portion of the cryptocurrency market. What Happened: The CFTC’s role could soon expand to include the regulation of spot markets for major assets such as Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH),...

Donald Trump’s crypto project is getting a pump from TRON’s founder, Justin Sun. Bloomberg reports that Justin Sun, TRON’s founder, has announced that the company has approved a $30 million investment in Trump’s World Liberty Financial crypto project. In a Twitter/X post, Justin Sun announced that the US is...