Bitcoin’s recent surge from $53,600 to over $58,000 has left the community wondering about the underlying reasons behind this impressive pump. One of the key factors contributing to this surge could be the US spot Bitcoin ETFs. Since their inception in mid-January this year, these ETFs have had a significant impact on Bitcoin’s price movements.
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The US Securities and Exchange Commission (SEC) has significantly increased its efforts in regulating the crypto industry, imposing a record $4.68 billion in fines against various companies in 2024. This surge in fines represents a significant escalation in the agency’s regulatory actions, with 2024 accounting for 63% of the total fines levied since 2013. One
WatBird, a new game introduced by Gamee, focuses on bridging the gap between casual gaming and blockchain technology. The central attraction of WatBird is Wat Racer, a fast-paced runner game that challenges players to navigate their WatBird through various obstacles. As players progress in the game, they earn “WatPoints” that hold actual value and can
The landscape of cryptocurrency exchanges has been experiencing a significant shift in market share dynamics, according to a recent report by research firm Kaiko. Coinbase, once the dominant player in the US crypto market with over 50% market share in March, has seen a decline to 41% by September. On the other hand, Bullish, a
In the wake of the recent hack that targeted WazirX’s systems, leading global auditor Grant Thornton conducted a thorough review of Liminal’s infrastructure to ensure its security. The audit, part of Liminal’s comprehensive investigation into the incident, provided assurance that the platform’s frontend, backend, and user interface were not compromised. This reaffirmation of security is
Despite its popularity, Ethereum is still struggling to perform well compared to other major cryptocurrencies. The recent bearish movement has caused many investors to be in the red as the price continues to drop. There is a growing concern that the price could potentially fall below $2,000 once again. However, there is a glimmer of
Bitcoin (BTC) recently experienced a significant drop in price after the release of August nonfarm payrolls (NFP) data, which failed to meet market expectations. This led to a sharp decline in BTC’s price, plummeting nearly 5% to trade below the $54,000 range, reaching its lowest level since early August. The market saw a liquidation of
Friend.tech, once hailed as a decentralized social media platform with immense promise, has hit a roadblock in its journey towards sustained growth. The platform experienced a stagnation in user growth and engagement, leading many within the community to question its long-term viability. This initial setback set the stage for the recent decision made by the
When we look at the analysis provided by Daan Crypto regarding Bitcoin’s current price action, it is important to note that his prediction hinges on Bitcoin holding above the $60,000 mark for a potential bullish reversal. This prediction is significant in the context of the crypto market’s volatility and the ongoing price fluctuations. The reference
In a recent announcement, the United States Federal Bureau of Investigation (FBI) has highlighted the relentless attacks by North Korean hackers on the crypto industry. These attacks are characterized by their aggressive and sophisticated social engineering tactics, making them a significant threat to companies associated with digital asset investment products. Despite the awareness of cybersecurity
