Tag: Crypto

The Pennsylvania House of Representatives has made a significant move in the cryptocurrency regulation landscape in the US by passing the ‘Bitcoin Rights’ bill with “overwhelming” bipartisan support.  A Landmark Move For Bitcoin Rights The bill, officially known as House Bill 2481, received a decisive vote of 176 to...

Analysts at Hashkey Capital say altseason could find firmer footing once Bitcoin trades above $80,000....

Standard Chartered has predicted that Bitcoin (CRYPTO: BTC) will hit $73,000 by the time of the U.S. presidential election on Nov. 5, with the cryptocurrency expected to surge beyond $80,000 shortly after if former President Donald Trump wins. What Happened: The bank’s analysis, based on current options data and...

Robinhood (NASDAQ:HOOD) is on track to become the leading cryptocurrency investment platform in the future, according to a new Bernstein report. What Happened: In its “Crypto Investing Guide” for October, Bernstein analysts highlight Robinhood’s competitive advantage in the cryptocurrency sector, thanks to its diverse offering of 15 crypto tokens,...

The WoofSwap team, operating the decentralized exchange (DEX) on the Shibarium network, has unveiled a novel Shiba Inu token-burning mechanism through the introduction of a new token named FEED. TThe announcement was made via X, where WoofSwap detailed the intended impact of FEED. The official statement read: “Feed will...

The Bitcoin (CRYPTO: BTC) market has seen a notable uptick in futures trading, with open interest reaching an all-time high (ATH) of $32.9 billion, signaling increasing leverage and institutional participation. What Happened: Glassnode’s weekly report highlights that a significant portion of this surge is being driven by a cash-and-carry...

The best traders know how to identify important price levels. These are called support and resistance levels. A common market dynamic is levels of support converting into resistance and levels of resistance turning into support. As you can see on the chart, the $203 level has been both support...

Fireblocks on Thursday announced a $1 million grant program aimed at accelerating the adoption of PayPal USD (CRYPTO: PYUSD), a stablecoin issued by Paxos. What Happened: The program, which follows a successful pilot, seeks to incentivize businesses to create blockchain-based products utilizing PYUSD, with grants of up to $60,000...

Kraken, one of the leading centralized cryptocurrency exchanges, is set to launch its own blockchain, “Ink,” in early 2025. What Happened: This new blockchain will focus on decentralized finance (DeFi) applications, aiming to offer users a streamlined platform for trading, borrowing, and lending tokens without relying on intermediaries, Bloomberg...

The Dogecoin price is on the rise. The meme-inspired cryptocurrency has been a hot topic as its price has increased, and massive trading volumes have begun attracting many new crypto traders. Looking at the latest market trends, DOGE is expected to break out from its long-term period of consolidation...