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A Bitcoin layer-2 executive explained how Bitcoin narratives that were “overhyped” have now wholly vanished while the ecosystem develops. In a Cointelegraph interview, Bitlayer co-founder Charlie Hu laid out three Bitcoin narratives that he believed were overhyped. This included narratives that surrounded Ordinals, layer-2s and re-staking. According to Hu, one of the overhyped narratives in …
Continue reading “Bitcoin NFTs, layer-2 and restaking hype ‘completely gone’”
XRP (XRP) price has recovered by almost 30% in the last two weeks, led by a crypto market rebound, and Ripple’s long-running legal battle against the US Securities and Exchange Commission (SEC) comes to an end. XRP/USD daily price chart. Source: TradingView The cryptocurrency’s rebound is also occurring inside the confines of a classic bullish …
Continue reading “XRP price chart hints at 75% gains next as SEC ends lawsuit against Ripple”
South Korean authorities are reportedly looking into blocking crypto exchange platforms that may have operated without adhering to the requirements set by the country’s financial regulator. On March 21, local media Hankyung reported that the Financial Intelligence Unit (FIU) of the Financial Services Commission is considering sanctions against crypto exchanges for allegedly operating in the …
Continue reading “South Korea eyes KuCoin, BitMEX in crypto exchange crackdown”
Bitcoin (BTC) is being capped at $87,500 thanks to manipulation by one or more whales, new analysis says. The latest market coverage by trading resource Material Indicators on March 20 reveals why BTC/USD is stuck in its current range. “Spoofy the whale” gets blame for BTC price range Bitcoin has managed to sustain $80,000 as …
Continue reading “Here’s why Bitcoin price can’t go higher than $87.5K”
Australia’s government, under its ruling center-left Labor Party, has proposed a new crypto framework regulating exchanges under existing financial services laws and has promised to tackle debanking. It comes ahead of a federal election slated to be held on or before May 17, which current polling shows is shaping up to a dead heat between …
Continue reading “Australia outlines crypto regulation plan, promises action on debanking”
White House crypto and AI czar David Sacks was among a number of Trump administration officials who recently met with United Arab Emirates officials to discuss emerging technologies and UAE’s potential plans to increase its investment in the United States. Sheikh Tahnoon Bin Zayed Al Nahyan, the Gulf nation’s national security adviser and brother of …
Continue reading “Trump’s crypto czar meets UAE’s national security adviser on crypto, AI”
Ether’s supply on crypto exchanges has dropped to its lowest level since November 2015, leading some analysts to predict a major price rally despite recent bearish sentiment. “Ethereum’s holders have now brought the available supply on exchanges down to 8.97M, the lowest amount in nearly 10 years (November, 2015),” crypto analytics platform Santiment said in …
Continue reading “ETH mega pump coming? Ether on exchanges falls to near-decade low”
Nearly half of crypto pundits in a recent survey are bullish over crypto AI tokens prices — which could bode well for the $23.6 billion crypto market sector. Of the 2,632 respondents surveyed by CoinGecko between February and March, 25% were “fully bullish,” and 19.3% indicated they were “somewhat bullish” for crypto AI tokens in …
Continue reading “44% are bullish over crypto AI token prices: CoinGecko survey”
Bitcoin bulls who still think the cycle peak has yet to come as retail investors haven’t piled in yet might be using an outdated playbook, according to a crypto executive. “The idea that the cycle isn’t over just because onchain retail activity is absent needs reconsideration,” CryptoQuant founder and CEO Ki Young Ju said in …
Continue reading “Bad news Bitcoin bulls, the long-hoped-for retail is already here: CryptoQuant”
Australian federal police have alerted over 130 people of a new text message scam aimed at crypto users that copies the same “sender ID” as legitimate crypto exchanges such as Binance. The impersonation scam involves the fraudsters sending out messages through text and encrypted messaging platforms by impersonating a Binance representative, telling users of a …
Continue reading “SMS scammers posing as Binance have an even trickier way to fool victims”
