Despite a recent 20% weekly decline, analysts are predicting a significant rally for the Shiba Inu coin (SHIB) based on positive technical indicators. The coin has faced a sharp drop in price recently, losing 20% on a monthly scale and seeing its market capitalization fall below $13.5 billion. However, experts are not overly concerned about
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The European Securities and Markets Authority (ESMA) is currently conducting a review of the regulations surrounding crypto asset investments by UCITS (Undertakings for Collective Investment in Transferable Securities). This review is part of a larger examination of the EU’s financial regulatory framework, prompted by the European Commission’s (EC) request to ensure that UCITS rules are
The Ethereum price has been closely tracking the performance of Bitcoin in recent times, and as Bitcoin experiences a downtrend, Ethereum has been following suit. However, it appears that Ethereum is facing more bearish fundamentals compared to Bitcoin. Crypto analysts, including Shin Forex, have pointed out concerning developments in Ethereum’s price. The liquidity in Ethereum
Guild of Guardians, in collaboration with Guardians Guild Limited, has recently unveiled their plans for a global launch event titled “Age of the Dread.” This event is set to introduce new gameplay mechanics and offer lucrative rewards to players. With a prize pool of up to US$1 million in $GOG tokens and exclusive Founder NFTs
The recent surge in the price of the Apple meme coin has taken the cryptocurrency market by storm. With an overnight increase of 76,928%, the coin’s value has skyrocketed following the launch of Apple’s latest product, the iPad. Despite the lack of any official affiliation with the tech giant, Apple, the meme coin has seen
Monero, a privacy-focused cryptocurrency, has been thrust into the spotlight recently following the closure of LocalMonero, a peer-to-peer exchange platform. This abrupt announcement has sparked a surge in discussions across social media platforms, with users expressing a mix of concern and curiosity about the future of Monero (XMR). LocalMonero attributed its closure to a combination
The movement and accumulation from crypto whales have long been seen as key catalysts for Bitcoin price increases. However, recent on-chain data suggests a shift in this trend, with a decline in whale accumulation volumes over the past month. This decrease in whale accumulation could be a cause for concern for investors, particularly as Bitcoin
The recent exclusive report by The Wall Street Journal shed light on a disturbing incident at Binance, the largest crypto exchange globally. The report claimed that the head of Binance’s market surveillance team was terminated after raising concerns about potential market manipulation by a prominent client. The client in question, DWF Labs, allegedly engaged in
The latest pump in the Base meme coin market has seen the new Trump MAGA Base token skyrocket ahead of the US Presidential Election. With TRUMP currently trading at a market price of $0.00399, representing a 24-hour change of +23,246%, it is evident that the coin has garnered significant attention from retail investors. The token
When it comes to evaluating the performance of cryptocurrencies in the market, the Relative Strength Index (RSI) plays a crucial role. The RSI is a technical analysis indicator that measures the velocity and magnitude of recent price changes in a particular asset. It is used to determine whether an asset is currently overvalued or undervalued,
The recent analysis by Benjamin Cowen on the downtrend observed in the Ethereum/Bitcoin (ETH/BTC) pair has raised concerns within the crypto community. The insights provided by Cowen shed light on the complex relationship between Ethereum and Bitcoin pricing and the potential for further downside risk. In this article, we will delve into Cowen’s analysis and
Proposed legislation by US lawmakers could potentially disrupt the activities of financial institutions involved in processing transactions through crypto mixers. This bill, named the Blockchain Integrity Act, is aimed at imposing a temporary ban on such transactions to investigate their potential risks and implications. Crypto mixers are services that enable users to mix different cryptocurrency
The recent lackluster performance of Bitcoin is causing concern among institutional investors, with data showing a bearish sentiment prevailing. This has resulted in significant outflows from Bitcoin investment products, potentially impacting the cryptocurrency negatively. CoinShares reported that Bitcoin investment funds experienced an outflow of $284 million in the previous week. The majority of these outflows
Japanese exchange Coincheck is making waves in the cryptocurrency world with its plans to join Coinbase as one of the two publicly listed exchanges in the United States. The company is set to complete its listing on the Nasdaq via a partnership with special purpose acquisition company (SPAC) Thunder Bridge Capital Partners IV (THCP) by