Category: Crypto

Bitcoin’s (<a href=”https://www.coindesk.com/price/bitcoin” target=”_blank”>BTC</a>) pullback from the $100,000 level after continuously hitting fresh new highs is only a temporary setback before eventually shooting past the barrier to even higher prices, crypto analytics firm CryptoQuant said. According to a Wednesday report shared with CoinDesk, multiple blockchain data metrics suggest that the largest crypto has more room…

Ethereum has outpaced Bitcoin over the past week as the cryptocurrency market continues to show a bullish outlook. In their latest derivatives analytics report, Bybit and Block Scholes highlighted Ethereum’s (ETH) strong performance compared to Bitcoin (BTC) this past week.…

The US Federal Reserve has ruled that states can issue alternative currencies. Though gold and silver-backed currencies are recognized, Bitcoin may also gain entry in the future. The US Supreme Court recently permitted 40 states to issue gold—and silver-backed currencies. This move could usher the US crypto economy in a new direction and raise the…

Ethereum co-founder Jeffrey Wilcke transferred $75.2 million in crypto to Kraken, sparking debates over a possible Ether top and incoming market correction.

India’s Central Bank has partnered with Ripple Labs on Digital Rupee testing. The alliance will help test the efficiency of the digital Rupee. The Reserve Bank of India (RBI), India’s central bank, has confirmed a partnership with Ripple Labs for its Digital Rupee initiative. RBI will use Ripple’s XRP Ledger and the firm’s expertise in…

As December approaches Shiba Inu (SHIB) holders are optimistic about the potential for a new all-time high (ATH). Cardano (ADA) on the other hand is attracting heavy whale interest, as the new MemeFi token, Yeti Ouro (YETIO), captures attention in the Play-to-Earn (P2E) ecosystem. 2024 could be a good end of the year for investors…

The quest to become a crypto hub might make Hong Kong waive tax exemptions. Bitcoin and crypto trading are now important subjects for companies and governments. Hong Kong has announced a plan to exempt the super-rich, private equity funds, and hedge funds from paying tax on crypto gains. The 20-page proposal to executives shows that…

Celo, a prominent Layer-1 blockchain, has seen its native token dump 5% after its upcoming transition to an Ethereum Layer-2 network within Optimism’s Superchain ecosystem turned “contentious.” On Nov. 27, Coinbase, the largest US-based crypto exchange, announced that it would not support Celo’s migration into a Layer 2 network. In contrast, Tether’s CEO Paolo Ardoino…

Stipulations that Trump could trigger the BTC price tipping point have led the coin to rally to a record-high price of $99,645.39. The celebrity investor Elon Musk confirmed speculations of a possible X payment option stirring a new wave of crypto buzz and resulting in a new altcoin rally. In a recent interview, Musk vaguely…

The crypto market had a strong performance in November as Bitcoin approached $100,000 and ETH crossed the key resistance at $3,500. This rally spotlighted several Ethereum rivals that could experience substantial returns before the year ends. These coins have a combination of strong fundamentals and technicals that could push them higher. Ethereum Rivals To Watch…