The upcoming U.S. presidential election in 2024 is set to be heavily influenced by the topic of cryptocurrency. A recent survey conducted by the Digital Currency Group (DCG) revealed that one in five registered voters consider crypto to be a significant issue in the election. Surprisingly, 40% of voters expressed a desire for candidates to
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In the last 24 hours, the cryptocurrency market has shown signs of stabilization, pausing the recent bearish trend and entering a phase of consolidation. Bitcoin is currently hovering around the $61,000 mark, while Ethereum has dipped below the crucial $3,000 level. The sudden correction in Bitcoin’s price, dropping below $61,000 and witnessing a 3.5% decrease
In a surprising turn of events, major U.S. banks JP Morgan and Wells Fargo have recently made headlines by announcing their investments in Spot Bitcoin ETFs. This move is significant not only because it shows their exposure to BTC, the world’s largest cryptocurrency, but also because it signals a departure from their previous cautious stance
Cardano (ADA) has been making significant progress according to crypto analyst Javon Marks. Marks believes that ADA has broken the resisting trend and is on track to potentially see a 15x increase in its price. This positive outlook is further supported by recent price predictions, with analysts like Altcoin Daily and Ali Martinez also expressing
Core Scientific, a key player in the Bitcoin mining industry, has recently unveiled their financial performance for the first quarter of 2024. This financial disclosure marks a significant turnaround for the company, which had previously faced bankruptcy. The most notable highlight of Core Scientific’s financial report is the substantial increase in net income, which soared
Bitcoin faced a 3.06% price decline on Friday, reaching as low as $60,372.36 according to data from CoinMarketCap. This indicates a period of consolidation for the crypto market leader, as it struggles to maintain its previous highs. Trading analyst Titan of Crypto has expressed strong confidence in Bitcoin’s ability to rebound and produce a post-halving
The House Financial Services Committee Chairman, Patrick McHenry, recently announced that new legislation aimed at providing the crypto industry with greater clarity regarding regulatory oversight is scheduled for a potential House floor vote by the end of May. This proposed legislation, known as the Financial Innovation and Technology for the 21st Century (FIT21) Act, seeks
The International Monetary Fund (IMF) has voiced its recommendation for Nigeria to embrace the regulated use of digital assets by licensing international crypto exchanges. This move is aimed at improving the economic stability of the country and bolstering its position within the African crypto sector. The proposal comes in the wake of a recent crackdown
The cryptocurrency market has recently experienced a significant pullback, triggered by US economic data that reignited fears of stagflation and hawkish commentary from Fed policymakers. As a result, traders are on the lookout for altcoins with strong bullish momentum that could potentially be the best cryptocurrencies to buy now. With Bitcoin dipping back to the
Cardano (ADA) has recently caught the attention of crypto analysts who have made some ultra-bullish predictions for the future of the crypto token. One analyst, Altcoin Daily, predicts that Cardano could reach as high as $9 in this current bull run. This optimistic outlook is supported by other analysts such as Dan Gambardello, who forecasts
The Ethereum Foundation, a non-profit organization that plays a crucial role in supporting the Ethereum ecosystem, recently made a significant transfer of ETH. This move has not gone unnoticed within the crypto community, as it has sparked speculations about potential implications on the market. On May 8, the Foundation transferred 1,000 ETH (equivalent to $3
As the crypto market continues to fluctuate, one influential trader, Bluntz Capital, has made a bold prediction regarding the popular Solana meme coin DogWifHat ($WIF). Bluntz believes that the current price of $3.17 could plummet all the way down to a dollar. In a recent tweet, Bluntz cautioned that the price action of WIF over
Former President Donald Trump has recently shocked many in the financial world by expressing strong support for Bitcoin and other cryptocurrencies. This unexpected change in stance has raised questions about the potential implications for the cryptocurrency market, especially with the upcoming US election. Analysts have highlighted the significance of Trump’s statements, suggesting that they could
The Voice has undoubtedly become a global sensation, captivating audiences with its unique format that showcases raw talent in a competitive singing contest. However, with the recent launch of The Voice Battle Coach, fans now have the opportunity to take their fandom to a whole new level. This immersive game experience, created by The Sandbox