The US state of Florida has removed two bills relating to Bitcoin reserve from the crypto-legislative process, which could be a major blow to America’s ambitious crypto reserve plans. House Bill 487 and Senate Bill 550, proposals aimed at creating a state-held Bitcoin fund, will not move forward for an indefinite period. Florida Says No […]
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After a massive plunge, the time for meme coins to hold has returned as Donald Trump is fully focused on crypto. During his election time, Trump had promised to make crypto made in America, and a significant development is being made in the current time, especially as he has recently hosted ‘Crypto & AI Innovators […]
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Dogecoin (DOGE) is at $0.17, witnessing an intraday pullback of nearly 1%. However, the meme coin prepares for a bounceback with a falling wedge pattern, increasing the possibility of shaking out short-sided traders. Holding its ground near the $0.17 mark, Dogecoin prepares for a high-momentum move. With bullish traders eyeing the Dogecoin price to hit […]
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The new US Crypto Market Structure Bill has landed like a bombshell in the crypto industry. While it redefines the jurisdictional boundaries between the SEC and the CFTC, its primary goal is to simplify crypto regulation nationwide. Still in draft form, it will be formally unveiled today at a joint hearing of the House Financial […]
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The Jerome Powell speech is a key catalyst, impacting the crypto market significantly. The US is among the world’s top economies, so its monetary decisions affect the most financial markets. As a result, the eyes are all on the Fed’s decision, as the US interest rate decision could either crash or rally the market, especially […]
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Shiba Inu (SHIB) price eyes a massive price surge in the near term after a bullish pattern appeared on the higher timeframe chart. Additionally, despite the sluggish performance, the SHIB network has recorded a notable uptick in activity, suggesting that fundamentals are strong to support an upward recovery for the meme coin. SHIB value today […]
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Two dormant Bitcoin wallets have reawakened after more than a decade of silence. These wallets moved a combined 3,422 BTC, worth over $324 million, within hours of each other. The first wallet, inactive since 2012, moved 2,343 BTC (around $221 million) while another that had been dormant for 12 years transferred 1,079 BTC ($102 million). […]
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With nearly 24 hours left for the Federal Open Market Committee (FOMC) meeting to discuss Fed rates, the global and crypto markets’ price predictions are turning extremely bearish. As the U.S. and broader crypto markets witness a short-term correction, the increased tensions before the FOMC meeting are likely to result in a steeper correction ahead. Unchanged […]
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The XRP price remains under pressure after falling for five consecutive days, and moving to its lowest level since April 22. Ripple remains 37% below the highest point in January, meaning investors have lost billions of dollars in the past few months. The likely catalyst for the XRP price is the upcoming approval of Ripple […]
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Lucid Group stock price has crashed this year and is underperforming the broader market amid growth and profitability concerns. LCID crashed to a low of $2.35 on Tuesday and is hovering slightly above last year. It has plunged from $64 in 2020 to become a penny stock with a market cap of $7.2 billion, down […]
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