The current landscape of Bitcoin price predictions is filled with uncertainty and speculation. While bearish sentiments continue to sway many analysts, there are still voices in the industry that believe in a bright future for the pioneer cryptocurrency. Bernstein analysts have recently made headlines by joining the bullish camp and predicting that the Bitcoin price
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The US Securities and Exchange Commission (SEC) continues to face scrutiny over its Staff Accounting Bulletin No. 121 (SAB 121), with Commissioner Hester Peirce expressing ongoing concerns about the regulation. Despite recent affirmations from SEC Chief Accountant Paul Munter that the Commission’s position on SAB 121 remains unchanged, Peirce believes that there are significant issues
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Cardano, a cryptocurrency ecosystem, witnessed significant growth in August, particularly in anticipation of the Chang upgrade that was completed successfully on September 1. Despite a downtrend in ADA’s price, the Cardano Foundation reported increased investor activity and blockchain usage. It was highlighted that smart contract transactions surged by 31%, metadata transactions grew by 20%, but
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The US Securities and Exchange Commission (SEC) has been making headlines due to the significant fines imposed on crypto companies. In 2024 alone, the SEC imposed a staggering $4.68 billion in fines against various entities operating in the digital asset market. This unprecedented level of enforcement marks a turning point in the regulatory landscape for
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Bitcoin (BTC) faced a significant decline in price over the weekend after the release of August nonfarm payrolls (NFP) data. The price dropped by nearly 5% to trade below the $54,000 range, hitting its lowest level since early August. This downward trend in price led to the liquidation of $200 million in long positions, contributing
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Recent data from research firm Kaiko has revealed a significant decline in Coinbase’s market share, with smaller exchanges making substantial gains in recent months. Earlier in the year, Coinbase held over half of the US crypto market share, reaching a peak of nearly 55% in March. However, the latest report shows that its market share
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Despite its popularity, Ethereum has been underperforming compared to other top cryptocurrencies in the market. This downtrend has caused concern among investors as the price of ETH continues to drop, potentially falling below $2,000 once again. Recent market analysis has revealed a bullish pattern in the Ethereum price chart, indicating a possible reversal of the
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