[ad_1] The U.S. Securities and Exchange Commission (SEC) has agreed to a settlement with the Solana (SOL)-based decentralized exchange (DEX) Mango Markets over alleged regulatory violations. The SEC alleges that the DEX’s decentralized autonomous organization (DAO) skirted registration provisions and deprived investors of critical protections. The regulator says Mango DAO raised more than $70 million from unregistered offers and sales of MNGO tokens, and it also alleges that the affiliated entities Blockworks Foundation and Mango Labs LLC engaged in unregistered broker activities. Mango DAO, Blockworks Foundation and Mango Labs agreed to pay a nearly $700,000 civil penalty but didn’t admit…
Author: dfrancis36
[ad_1] In what has been an “unusual” September, Bitcoin (BTC) has now recorded another positive weekly performance. According to data from CoinMarketCap, the maiden cryptocurrency surged by 5.07% in the last seven days, moving its cumulative gain in this month to 11.30%. Interestingly, with Bitcoin halving since gone, analysts remain highly expectant of the traditional market bull run by the largest digital asset. BTC In Consolidation As It Gathers Momentum For Breakout In an X post on Friday, popular analyst Crypto Rover predicted BTC will hit a $290,000 price mark in the upcoming bull run. Interestingly, this price projection tallies…
[ad_1] The price of Bitcoin put in another positive performance over the last seven days, looking to end the month and start October on an even stronger footing. Continuing its resurgence over the past few weeks, the premier cryptocurrency climbed as high as $66,000 on Friday, September 27th. Recent data shows that there might be a growing correlation between the performance of the US stock market and the value of the world’s largest cryptocurrency. The question here is — how could this influence the behavior of investors? How Did Bitcoin And S&P 500 Perform In September? In a recent post…
[ad_1] Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active crypto writing, Semilore has covered multiple aspects of the…
[ad_1] Bitcoin has experienced a bullish week, surging 6% since Wednesday, igniting excitement among analysts and investors who believe this could be the beginning of the next major rally. The last significant rally, from January to March, propelled Bitcoin’s price up by 91%, nearing all-time highs. Now, market participants are optimistic that a similar trend could unfold in the coming weeks, potentially driving the price to unprecedented levels. CryptoQuant on-chain analyst Axel Adler has shared insightful data, suggesting that BTC’s current momentum is more than just a temporary boost. According to Adler, key on-chain metrics point to a strong accumulation…
[ad_1] A widely followed crypto analyst believes Bitcoin (BTC) may hit six figures before the year’s end as the top digital asset by market cap reclaims the $65,000 level. Crypto trader Michaël van de Poppe tells his 725,400 followers on the social media platform X that Bitcoin may increase more than 53% from its current value. He believes that the Fed rate cuts and increasing global liquidity are bullish catalysts for Bitcoin and other digital assets. “Gold continues to push higher, while silver has reached the highest price level in a decade. Global liquidity is significantly increasing and altcoins have…
[ad_1] On Friday, the Cardano blockchain marked its seventh anniversary, solidifying its position as one of the most recognized protocols in the cryptocurrency market. Currently, Cardano’s native token, ADA, ranks eleventh among cryptocurrencies, boasting a market capitalization of approximately $14 billion. Input Output Global (IOG), the development company behind Cardano, celebrated this milestone on social media, highlighting significant achievements since its inception by co-founder Charles Hoskinson, who also played a key role in the creation of the Ethereum blockchain. Cardano’s Architectural Evolution Over Seven Years In a commemorative video, IOG shared notable statistics reflecting Cardano’s growth and development. The blockchain…
[ad_1] Este artículo también está disponible en español. 10xResearch analysts who had correctly predicted the Bitcoin price run-up to a new all-time high earlier in the year have turned bullish once again. In a recent report by 10xResearch Head of Research, Markus Thielen, the analysts point out a number of factors that have seen the BTC price turn bullish. Just like before, this is a development that could lead to a run-up to a new all-time high for the Bitcoin price, something that could mark the beginning of another bull market. Fed’s Rate Cut Triggers Bitcoin Uprising Following the Federal…
[ad_1] On-chain data shows that Ethereum transaction fees have been rising again recently. Here’s what could be behind this trend. Ethereum Average Fees Has Registered A Notable Uptick Recently In a new insight post, the on-chain analytics firm Santiment talked about how the Ethereum network has recently become more expensive. The metric of interest here is the “Average Fees,” which keeps track of the average fees that ETH users are currently attaching with their transfers. How much fees senders might be willing to pay comes down to the activity level the blockchain is witnessing. In times of high traffic, transfers…
[ad_1] Este artículo también está disponible en español. Dogecoin is trading above $0.12 after a 20% pump over the past two days, reigniting investor enthusiasm. The meme coin had been struggling to break past the $0.11 mark, leaving investors frustrated as other cryptocurrencies surged. The recent breakout has lifted sentiment, with Dogecoin now eyeing higher targets. Analysts believe that this momentum could lead to further gains as DOGE successfully clears key resistance levels. Related Reading One prominent analyst has even set a bullish target of $0.20 in the coming weeks, suggesting that Dogecoin could see another significant rally if the…