Tag Archives: cryptocurrency

Circle Stock Plummets By Almost 70% Post-IPO Debut, Analysts Issue Warnings

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Following a notable debut on the Nasdaq earlier this year, Circle (CRCL), the issuer of the USDC stablecoin, has experienced a significant decline in its stock value. After hitting a peak of $298 on June 23, just 18 days post-launch, shares have now dropped by 68%, trading around $82. Circle Faces Challenges As Lockup Period… Continue reading Circle Stock Plummets By Almost 70% Post-IPO Debut, Analysts Issue Warnings→

SEC Chair Sets Out Plans For Crypto Taxonomy To Define Digital Asset Classification

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In recent statements made by Chair Paul Atkins, the US Securities and Exchange Commission (SEC) announced a strategic plan targeted at giving much-needed clarity on the classification of crypto assets.  Howey Test And Token Taxonomy In Crypto  Atkins highlighted the forthcoming consideration of establishing a “token taxonomy” within the Commission, a structured framework rooted in… Continue reading SEC Chair Sets Out Plans For Crypto Taxonomy To Define Digital Asset Classification→

China’s Cybersecurity Agency Alleges US Government Stole $13 Billion In Bitcoin

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According to a recent report by Bloomberg, the cybersecurity arm of China has openly accused the US government of orchestrating the theft of approximately $13 billion in Bitcoin (BTC), adding tension to the ongoing cyber relations between the two nations. China Alleges State-Level Operation The incident in question revolves around the theft of 127,272 BTC… Continue reading China’s Cybersecurity Agency Alleges US Government Stole $13 Billion In Bitcoin→

MEXC Users At Risk Of Losing Their Crypto? Ex-Public Advisor Exposes ‘Structural Rot’

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Crypto trader the White Whale, who had offered to serve as an advisor to crypto exchange MEXC, has retracted his offer. This came as he highlighted a ‘structural rot’ within the exchange, which puts customers at risk of losing their coins.  Crypto Advisor Exposes ‘Structural Rot’ Within MEXC In an the crypto exchange. He further… Continue reading MEXC Users At Risk Of Losing Their Crypto? Ex-Public Advisor Exposes ‘Structural Rot’→

Big Bitcoin Holders Are Selling, But Few Buyers Are Stepping In As Demand Weakens

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Bitcoin’s price has struggled to maintain stability above $102,000 in recent days, and data shows this is due to an apparent imbalance between selling pressure and fresh demand.  On-chain data from CryptoQuant reveals that while long-term holders have been actively taking profits, the market is showing limited capacity to absorb their sell-offs. This is a… Continue reading Big Bitcoin Holders Are Selling, But Few Buyers Are Stepping In As Demand Weakens→

XRP Ready For The 5th Wave: Analyst Says Don’t Fight It

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XRP has spent the past week on the continuation of a downtrend from the previous week, slipping from above $2.50 before rebounding around $2.12 and now hovering around $2.30. The price action reflects a market struggling to find direction, caught between bullish optimism and lingering selling pressure. Despite the broader slowdown in its price action,… Continue reading XRP Ready For The 5th Wave: Analyst Says Don’t Fight It→

$300 Million Worth Of XRP On The Move – Where Are They Headed?

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The XRP market is experiencing a new wave of large transactions as long-term holders adjust their positions. Over $300 million worth of XRP has recently been moved from crypto exchanges, signaling a shift in investor sentiment. While such withdrawals often suggest accumulation, current on-chain data present a mixed picture, indicating both opportunity and caution. Over… Continue reading $300 Million Worth Of XRP On The Move – Where Are They Headed?→

Zcash Explodes 700% Since September – What’s Driving The Rally Amid The Bear Market?

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The price of Zcash is recording one of the most astonishing rallies in the crypto market despite the ongoing bearish conditions. Over the past few weeks, we have seen a resurgence in the privacy narrative. Zcash (ZEC), one of the oldest and best-known privacy coins, is up by about 700% since September.  The pump in… Continue reading Zcash Explodes 700% Since September – What’s Driving The Rally Amid The Bear Market?→

Crypto Under Pressure: Emerging Data Suggests Potential Bear Market Ahead

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Following the crypto market crash on October 10, a bearish sentiment has dominated, with on-chain data indicating a continued decline in digital asset prices. Bitcoin (BTC), for instance, is nearing one of its worst weekly performances of the year, having recorded a 6% drop over the past seven days.  The leading cryptocurrency has fallen below… Continue reading Crypto Under Pressure: Emerging Data Suggests Potential Bear Market Ahead→

Dogecoin RSI Returns To Pre-Launch Levels, Analyst Says Next Major Surge Is Close

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could be gearing up for a new explosive rally. According to trader and market analyst Trader Tardigrade, the Relative Strength Index (RSI) for Dogecoin has settled at levels similar to those seen before price rallies in the past two years or so.  This technical observation is based on Dogecoin’s steady uptrend along a long-standing support… Continue reading Dogecoin RSI Returns To Pre-Launch Levels, Analyst Says Next Major Surge Is Close→