Bitcoin experienced a significant drop, falling below $55,000 on September 6th, 2024. This decline is largely attributed to the disappointing U.S. jobs report for August, which fueled fears of a potential recession. The report revealed that nonfarm payroll employment increased by only 142,000, ...
READ MORE +The Financial Conduct Authority (FCA) in the UK is taking a hard line on cryptocurrency firms. The regulator's 2024 annual report reveals that nearly 90% of crypto firms applying for registration in the UK over the past year have been rejected. The FCA's Tough Stance This high rejection rate ...
READ MORE +Crypto market sentiment has taken a nosedive, reaching its lowest point in over a month. This has fueled concerns among analysts about a potential Bitcoin price correction below $50,000, potentially happening as soon as this weekend. Crypto Fear & Greed Index Plunges The Crypto Fear & Greed ...
READ MORE +Bitcoin exchange-traded funds (ETFs) have seen a significant outflow of $288 million, indicating a cautious shift among investors. This trend, observed in the week following Labor Day, underscores growing concerns and uncertainty in the cryptocurrency market. What's Happening? Following the ...
READ MORE +Erik Voorhees is a well-known figure in the world of cryptocurrency and decentralized technology. He's known for his strong belief in financial freedom and his efforts to build systems that put users in control. From SatoshiDice to ShapeShift: A Focus on Privacy Voorhees' journey started with ...
READ MORE +Bitcoin is currently in a consolidation phase, hovering around the mid-$50,000s. While this period of sideways trading has tested investor patience, it's important to remember the long-term growth potential of Bitcoin. Fear in the Air The Coinglass Crypto Fear and Greed Index currently sits ...
READ MORE +Bitcoin has been struggling lately, dropping below $60,000 and raising concerns about further price drops. Arthur Hayes, a well-known figure in the crypto world, believes BTC could even slip below $50,000 this weekend. He cites a number of factors contributing to this bearish outlook, including: ...
READ MORE +The Ethereum Foundation has been making waves in the crypto world with recent transfers of ETH. This comes at a time when ETH is experiencing a steady price drop, leading to speculation about the foundation's intentions. Significant Transfers On-chain data reveals that the Ethereum Foundation ...
READ MORE +The XRP community is buzzing about diversification, sparked by a recent conversation between renowned XRP community member and Black Swan Capitalist co-founder Vandell Aljarrah and fellow XRP community member, CryptoTank. Aljarrah, known for his insightful market analysis, has been urging ...
READ MORE +Memecoins, those playful digital tokens inspired by internet memes, have become a force to be reckoned with in the cryptocurrency world. They have shown the power of viral events to transform into enduring financial and cultural movements. The Viral Spark Memecoins often start with a viral ...
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