The cryptocurrency market is notorious for its volatility, and Ethereum (ETH) has not been exempt from these fluctuations, especially as we kick off 2024. After a steep decline on Monday that drove it below crucial support levels—the lowest it has seen since November—Ethereum faced a significant challenge ahead. Despite this downturn, several analysts and investors
In a noteworthy shift, the TON Foundation—an innovative blockchain project associated with Telegram—is poised for expansive growth in the United States. The announcement made on January 14 indicates that this initiative follows a robust performance in 2024 and aligns with a generally optimistic crypto environment anticipated under the incoming Donald Trump administration. This transformation marks
In a significant development for the cryptocurrency industry, the U.S. Supreme Court recently declined to review a petition put forth by Binance, the preeminent global cryptocurrency exchange, and its founder, Changpeng Zhao. This decision, which arrives in the wake of a critical ruling by the U.S. Court of Appeals for the Second Circuit, could have
The launch of Sony Group’s Soneium mainnet marks a significant milestone in the rapidly evolving landscape of blockchain technology, specifically in the realms of Web3 and non-fungible tokens (NFTs). As one of the leading corporations to immerse itself in this disruptive technology, Sony aims to create a seamless bridge connecting everyday internet users with the
A recent survey conducted by CryptoQuant, an on-chain analytics platform, has shed light on the demographics and trading habits of cryptocurrency users as we move into 2024. The examination spanned several continents, collecting insights from 1,478 participants based in Asia, Europe, North America, South America, Africa, the Middle East, and Oceania. The results indicate a
Bitcoin (BTC) has recently faced significant price fluctuations, even dipping below the $90,000 level. This downturn has raised concerns among analysts regarding the potential for increased volatility in the immediate future. While Bitcoin has historically demonstrated resilience, the current macroeconomic landscape poses threats that could drag its value down to levels not seen in quite
In a significant development for Robinhood, the online brokerage firm has agreed to a hefty $45 million settlement to resolve allegations of violations against securities laws. The U.S. Securities and Exchange Commission (SEC) initiated an investigation into the practices of Robinhood’s subsidiaries, Robinhood Securities LLC and Robinhood Financial LLC. This settlement, made public on January
In a move to strengthen the regulatory environment surrounding digital assets, the New York Department of Financial Services (NYDFS) has officially partnered with the Bank of England (BOE). This collaboration, announced on January 13, heralds the launch of the Transatlantic Regulatory Exchange (TRE). This initiative aims to harmonize regulations for cryptocurrencies and emerging payment systems,
Journalism has undergone a significant transformation in recent years. With the rise of digital media, the demands on journalists have increased, and the lines separating their personal lives from their professional duties have blurred. One particularly illustrative case is Christian, a passionate journalist navigating the ever-evolving landscape of cryptocurrency reporting. His story, marked by dedication
As the cryptocurrency market continues to oscillate wildly, analysts are trying to make sense of Bitcoin’s current position. Recently, Tom Lee, the Chief Investment Officer at Fundstrat Capital, shared his insights during an interview on CNBC’s “Squawk Box.” While Bitcoin has experienced a decline of approximately 15% from its recent record highs, Lee reassured viewers