Tag: Crypto

Bitcoin Short-Term Holder Basis Remains High Within Biggest Supply Cluster

A large pocket of Bitcoin supply is sitting just above the current market, and technical analysis shows that this area may decide the next major Bitcoin move.  On-chain analysis by crypto analyst Sherlockwhale identifies the $84,000 to $88,000 zone as arguably the largest supply cluster in Bitcoin’s current market...
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Cardano (ADA) Could Launch New Bull Phase With Investor Confidence On The Rise

Following a broader cryptocurrency market bounce on Thursday, Cardano (ADA) has flipped into an upward direction again, breaking past the $0.25 barrier. While the ADA’s price has turned positive, the altcoin’s current structure and on-chain signals are starting to align, raising its potential for a major rally. Improving Cardano...
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What Does The Rising US Inflation Mean for Bitcoin?

Investors and traders are paying closer attention to Bitcoin (BTC) after the latest US inflation report was released on May 12. As consumer prices in the US continue to climb, questions are mounting about what that means for BTC and whether the world’s largest cryptocurrency can hold its ground....
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Revolut wins FCA approval to launch UK private banking

Revolut secured FCA approval on May 14 to offer private wealth services and leveraged products in the UK. Victoria Laffey, head of operations at Revolut Trading, said the new permissions are “the missing piece allowing us to unite investment, advisory…...
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Myanmar proposes life imprisonment for crypto scam operators

Myanmar’s military published a draft bill on May 14 proposing life in prison for crypto scam operators. The draft legislation, called the Anti-Online Scam Bill, states that anyone convicted of “digital currency fraud” or running an online scam center faces…...
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CME and ICE push US regulators to scrutinize Hyperliquid

CME Group and ICE urged US regulators to scrutinize Hyperliquid for manipulation and sanctions risks on May 15. CME and ICE warned that Hyperliquid’s anonymous, round-the-clock perpetual futures trading could distort global commodity benchmarks, particularly in oil markets. The exchanges…...
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