The world of cryptocurrency has seen a whirlwind of activity recently, particularly concerning Bitcoin’s price fluctuations. Following its inability to maintain a price above the significant $100,000 threshold, concerns have arisen among investors regarding the potential demise of Bitcoin’s bullish trajectory. Notably, while these fears can seem exaggerated, the cryptocurrency market remains characterized by volatility,
Ethereum, the second-largest cryptocurrency by market capitalization, is facing considerable challenges in its bid to break through the $4,000 resistance level. A notable decline of approximately 3% on Monday saw its price settle around $3,850. This price action, while seemingly discouraging, has elicited mixed responses from analysts and traders alike. The prevailing sentiment suggests that
In the wake of the US presidential election, Coinbase has recently found itself in the spotlight due to a surge in account restrictions attributed to increased fraudulent activity. On December 8th, the cryptocurrency exchange took to social media to counter accusations of widespread account limitations, labeling such claims as “misinformation” and “fear, uncertainty, and doubt”
The end of the year often brings a flurry of financial activity as investors assess their portfolios and make strategic decisions. For Bitcoin traders, December presents a unique confluence of seasonal trends and macroeconomic factors that could align favorably for investment. This article will explore the reasons behind Bitcoin’s potential price rally this month and
India has recently stepped up its enforcement of tax regulations within the burgeoning cryptocurrency sector, revealing a significant case of Goods and Services Tax (GST) evasion involving 17 cryptocurrency exchanges. The amount in question—a staggering $99.1 million—has put a spotlight on compliance issues and the challenges faced by the Indian government in regulating the increasingly
The decentralized finance (DeFi) landscape has continually evolved, presenting new opportunities and threats for traders and investors alike. A striking example of the latter is the alarming rise of sandwich attacks, particularly this past November, when 35.5% of blocks on the BNB Chain were affected by such malicious tactics. Sandwich attacks are a form of
In a striking turn of events, Ethereum (ETH) has navigated past the $4,000 milestone for the first time in over a year, ending the initial week of December with an impressive weekly surge of 40%. This remarkable rise does not exist in isolation; it follows a broader, vibrant rally within the cryptocurrency market, significantly influenced
Bitcoin’s journey through 2024 has been nothing short of dramatic, especially as it crossed the psychologically significant barrier of $100,000. This milestone was celebrated by investors and enthusiasts alike; however, the quick succession of events that followed has suggested a cause for concern. Just hours after breaching this notable threshold, Bitcoin faced a sharp rejection,
Semilore Faleti is not just another name in the ever-evolving world of cryptocurrency journalism; he is a passionate advocate armed with both expertise and a unique perspective. Though his career began in a more generalized writing landscape, Seminore swiftly gravitated toward the intricate universe of cryptocurrencies and blockchains. His fascination with these digital assets stems