Tag: Crypto

Bitcoin is showing signs of strength as buyers step in following a period of heightened volatility. After experiencing a sharp price drop near $100,000, BTC has found temporary stability, suggesting that selling pressure may be easing. This newfound support has sparked optimism among traders and investors who are now...

TL:DR Pi Network finally launched its Open Network earlier this week, alongside the PI token, but its price tumbled in a classic sell-the-news event. However, it has rebounded hard in the past 24 hours following strong speculation that it will be listed by the world’s largest crypto exchange. After...

TL;DR One analyst indicated that the second-largest meme coin has lost a crucial support line, and it could plunge by another 30% or even more in the near future. In contrast, another market strategist suggested that SHIB’s current price movements are a part of a large Inverse Head and...

Shiba Inu’s Shibarium has suffered a heartbreaking decline in activity, dropping to new lows not seen in a long while. Reports reveal that the Layer 2 network has seen its daily transaction count plummet by over 96%, signaling a slowdown in user engagement and network usage. Shiba Inu’s Shibarium...

After the significant volatility experienced on Friday following the Bybit hack, BTC’s price has calmed and stands just inches above $96,000. Most altcoins are also quite sluggish on a daily scale, while ETH has gained 3%, which is somewhat surprising, given its role in the aforementioned attack. BTC Stands...

Kanye’s controversial crypto venture highlights the potential for celebrity influence to disrupt and polarize the digital currency space. The post Kanye West plans ‘Swasticoin,’ eyes blockchain launch, and claims ‘only broke boys rug pull’ appeared first on Crypto Briefing....

The price of Bitcoin looked set to reclaim $100,000 on Friday, rallying on the back of the United States Securities and Exchange Commission’s (SEC) decision to drop the lawsuit against crypto exchange Coinbase. However, the premier cryptocurrency failed to capitalize on this momentum shift following the $1.4 billion exploit...

Blockchain software company Consensys has submitted a letter to the US Securities and Exchange Commission (SEC) urging the withdrawal of a proposed definition amendment that could classify DeFi protocols as part of securities exchanges. The US-based blockchain firm is opposing this motion citing concerns over regulatory overreach and violations...

Kanye West, also known as Ye, is once again generating headlines, this time in the cryptocurrency space. The controversial musician and entrepreneur has announced the launch of his cryptocurrency, YZY, with the objective of creating a financial environment independent from traditional payment platforms. He initiated this course of action...

El Salvador’s pause in Bitcoin purchases may signal a shift towards more traditional financial strategies to secure international support. The post Has El Salvador halted daily Bitcoin purchases amid IMF loan agreement? appeared first on Crypto Briefing....