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Ethereum Technical Analysis: ETH Highlights Resilience Across Several Timeframes
19.2.2024
Ethereum started Monday with its price hitting $2,934 per unit, marking a week filled with a strong 14.9% increase. Over the preceding fortnight, the second-leading crypto asset by market cap witnessed a substantial 25.9% upswing. Kicking off this week, ether’s trading volume over the past...
Bitcoin Technical Analysis: BTC Bulls Show Strength After Recent Consolidation Period
19.2.2024
Bitcoin’s price has seen a period of consolidation after its recent high of around $52,884, according to price data from Feb. 19, 2024. Technical indicators suggest the leading crypto asset remains in an uptrend and may be poised for a further move higher after this sideways trading range....
Coinbase Commerce suggests merging Solana with Lightning Network
19.2.2024
Coinbase Commerce is likely to integrate Solana and the Lightning Network. The same has been teased through its product lead, Lauren Dowling. Coinbase Commerce has, for now, removed support for UTXO and Bitcoin. The idea behind making such changes is to address the struggles of customers with...
RBI may integrate CBDCs with digital payment infrastructure
19.2.2024
Dilip Asbe, the Managing Director of the National Payments Corporation of India (NPCI), has hinted that the Reserve Bank of India, the RBI, is considering integrating CBDCs with digital payment infrastructure. This includes the likes of UPI to boost its adoption. Dilip said that the efforts...
Blockchain Basics Act Introduced in Ohio, South Carolina, and Mississippi
19.2.2024
The Blockchain Basics Act, a series of regulations aimed at safeguarding people’s cryptocurrency rights at a state level, has been introduced in three more U.S. states: Ohio, South Carolina, and Mississippi. With this move, similar cryptocurrency regulation has been introduced in seven states...
XRP aims for $0.65: Can bulls hit the target this year?
19.2.2024
XRP is currently being traded at $0.561. According to bullish speculation, the token is anticipated to transcend that milestone soon and reach $0.65. Amid the legal dispute between Ripple and the SEC, even though the distinction is minor, it may prove to be a difficult nut to split. Despite this...
Shiba Inu (SHIB): Still a hot topic for new investors in 2024
19.2.2024
Shiba Inu, a dog-themed coin, is being traded at $0.000009833 as the article is being drafted. That is an increase of 0.80% in the last 24 hours and 5.765 in the last seven days. The 24-hour volume remains down by 7.29%. Shiba Inu is still at the center of the stage for new investors for …
Is Dogecoin the most underrated cryptocurrency?
19.2.2024
Dogecoin is one of the most popular meme-based crypto in the world. Talking about its inception, it was created as a joke in the year 2013, and since then, it has been a major point of entertainment, debate, and investment for the crypto community worldwide. Dogecoin was built based on a “Doge”...
Privacy powerhouse: Why do Dash transactions stand out?
19.2.2024
With the burgeoning adoption and acceptance of major cryptocurrencies, the digital landscape is advancing at a supersonic speed. Out of the popular digital assets, Dash has emerged as a perfect option for online gambling due to its focus on privacy and security. When it comes to online gambling...
FixedFloat hit by a $26 million crypto heist
19.2.2024
FixedFloat Exchange, a crypto exchange, has been hacked and claimed to have lost bitcoin and ether worth $26.1 million, as per an analysis of the on-chain data. As a result of this concerning decline in activity, the exchange is presently closed for maintenance purposes; the future of...
Virginia Proposes a Mere $17,192 a Year for New Blockchain and Cryptocurrency Commission
19.2.2024
The money is set to cover the costs associated with having meetings including travel expenses
Legendary Investor Stanley Druckenmiller Dumps Big Tech, Bets on AI and Gold
19.2.2024
Stanley Druckenmiller, the legendary investor who was part of George Soros’ Quantum Fund, has dumped traditional tech stocks while putting funds into gold mining companies and artificial intelligence (AI) shares. According to filings, he sold Amazon, Alphabet (Google), and Broadcom stocks...
Ledger Live and Coinify’s fiat on-ramp manage $VET and $VTHO
19.2.2024
VeChain announced that two of its core tokens, namely VET and VTHO, are available on Ledger Live and Coinify’s fiat on-ramp. Calling it a technical integration, VeChain said that the move is a testament to their commitment to providing a better experience to the community. Ledger Live enables...
Virginia Senate Committee Recommends Annual Funding for New AI and Crypto Commissions
19.2.2024
A Virginia Senate Committee has put forward a recommendation for an annual combined fund allocation of $39,240 to support two recently established commissions focused on artificial intelligence (AI) and cryptocurrency. The proposal, presented by a Subcommittee of Virginia’s Senate Finance...
Bitcoin Price to Hit $100k by June 2024, Predicts Rich Dad Poor Dad Author
19.2.2024
Robert Kiyosaki, author of the best-selling financial book “Rich Dad Poor Dad,” has once again made a bullish case for bitcoin price. On Sunday, he took to X (formerly Twitter) to declare, “BITCOIN to $100k by June 2024.” This bullish forecast further cements his position...
Bitcoin Price Prediction: Surge to $52,250 Amid Coinbase Shift & VC Funding Boost; BTC to Target $55,000?
19.2.2024
In the During the Asian session, Bitcoin is trading near $52,250, marking a modest increase of approximately 0.50% on Monday, the cryptocurrency landscape is undergoing significant shifts. Notably, Coinbase’s recent decision to halt native Bitcoin payments for merchants, opting instead for...
Latam Insights: Mexican Billionaire Ricardo Salinas’ Bitcoin Investment Advice, Bitso’s Latam Trends Report
19.2.2024
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Mexican billionaire Ricardo Salinas Pliego offers bitcoin investment advice, Bitso’s report finds Latam is a bitcoin region, and Honduras bans...
South Korea’s Ruling Party Seeks Cryptocurrency Tax Delay as Election Promise
19.2.2024
South Korea’s ruling People Power Party is advocating for a two-year postponement of the taxation on gains from cryptocurrency investments. The move is seen as a potential campaign promise for the upcoming general election scheduled for April. The party aims to prioritize establishing...
Y Combinator Expands Focus to Include Stablecoin Startups
19.2.2024
Y Combinator identified 20 specific areas in its latest Request for Startups list, potentially signaling upcoming investment trends. The venture fund, known for backing early-stage tech startups, highlighted stablecoin finance as one of its key investment areas. Stablecoins are a type...
Peter Schiff Warns SEC Could Change Definition of ‘Security’ — Expects Lots of Investors to Be Retroactively Fined
19.2.2024
Economist and gold advocate Peter Schiff has sounded the alarm about the U.S. Securities and Exchange Commission (SEC) potentially changing the definition of a “security.” He cautioned: “Now that the U.S. Appeals Court has upheld the SEC’s authority to unilaterally change...