[ad_1] USTC has shown notable price movements of late. From an abrupt drop earlier in the year to an optimistic current return, both experts and investors find appeal in the digital asset. Related Reading USTC plummeted more than 51% from $0.330 at the start of the year, to $0.1660. This huge drop made people wonder what the future holds for buyers in the stablecoin. But this week, market data showed that things got better: the price of USTC went up by more than 10%. This good news has given people new hope that the asset might be able to come…
Author: dfrancis36
[ad_1] Cardano price started a steady increase above the $0.3850 resistance. ADA is now eyeing a close above $0.40 to gain bullish momentum. ADA price started a fresh increase and traded above $0.3880. The price is trading above $0.390 and the 100-hourly simple moving average. There is a key bullish trend line forming with support at $0.3935 on the hourly chart of the ADA/USD pair (data source from Kraken). The pair could gain bullish momentum if it closes above the $0.40 zone. Cardano Price Eyes Steady Increase In the past few sessions, Cardano started a decent increase from the $0.3350…
[ad_1] On-chain data suggests Satoshi’s original vision is alive and kicking as the Bitcoin network has shifted towards smaller transactions. Bitcoin P2P Payment Transfers Have Been Gaining Steam Recently In a new post on X, CryptoQuant founder and CEO Ki Young Ju has talked about a pattern shift on the BTC network regarding transactions that may be classified as peer-to-peer (P2P) payments. First, Ju has discussed the trend in the transaction fees on the Bitcoin network. The “transaction fees” here naturally refer to the fees that senders on the blockchain have to attach with their moves as compensation for the…
[ad_1] After a month-long period of increased selling pressure, the German government has nearly exhausted its Bitcoin treasury, selling over 90% of its BTC seized in January in the country’s largest Bitcoin seizure, worth over $2.1 billion. With less than $300 million worth of BTC remaining, this signals the end of a significant sell-off period, with expectations of further price appreciation for the largest cryptocurrency on the market. 9.9% Of Seized BTC Remains On-chain data from market intelligence firm Arkham reveals the German government’s selling activity on Thursday, showing that the German police wallet initially sold 2,375 BTC ($137.87 million)…
[ad_1] With the approval of the Spot Ethereum ETFs by the Securities and Exchange Commission (SEC), other altcoins, such as Shhiba Inu, are moving forward in their bids for their own ETFs. For SHIB ETFs, Shiba Inu marketing lead has given a number of reasons why a SHIB ETF would actually be a great addition to the crypto space. Reasons Why A Shiba Inu ETF Is Good In the post that was made on X (formerly Twitter), LUCIE, known for her role as the marketing lead for the Shiba Inu project, shared a number of positives that could come out…
[ad_1] A crypto analyst has predicted that Ethereum (ETH), the world’s second-largest cryptocurrency will surge to new all-time highs around the $8,000 price mark. However, for Ethereum to reach this ambitious price target, the analyst emphasized that the cryptocurrency must fulfill certain key conditions. Ethereum Road Map To $8,000 ATH A crypto analyst identified as ‘Bluntz’ on X (formerly Twitter) has expressed bullish optimism for Ethereum’s future outlook. The analyst forecasted that ETH could witness a mega rally to an $8,000 all-time high this market cycle. Related Reading Bluntz shared a video on June 8 via his official X account,…
[ad_1] A recent report by Bloomberg has revealed that suspected digital wallets have been responsible for distributing nearly $100 billion in illicit funds across the crypto market since 2019, with a significant portion flowing through two key sectors of the industry. Crypto Criminals Exploit Stablecoins And CEXs The report highlighted that criminals are increasingly using stablecoins, which now account for the majority of illicit transaction volume in the crypto space, and that over half of questionable funds end up on centralized exchanges (CEXs) such as Binance or Coinbase. Kim Grauer, Director of Research at Chainalysis, highlighted the “increasing sophistication” of…
[ad_1] The famous token inspired by Australian singer Iggy Azalea, the Mother Iggy (MOTHER) token on the Solana (SOL) blockchain, experienced a significant surge of 58% on Thursday, emerging as the top performer in the market, as the meme coin announced a new collaboration with Web3 investor and market maker DWF Labs. Iggy Azalea Collaboration With DWF Labs DWF Labs, through a series of posts on social media platform X (formerly Twitter), announced its strategic partnership with now crypto investor Iggy Azalea, as the company recently signaled a new chapter for the company, focusing on “next generation” liquidity partnerships to…
[ad_1] The US Securities and Exchange Commission (SEC) has been heavily criticized for its regulatory approach to the crypto industry. Politicians and industry figures have slammed the US watchdog for its “overreach” on the sector. Dave Weisberger, CoinRoutes co-founder and co-CEO, recently weighed in on the SEC’s stance and the congress members who support it. Rep. Waters Claims “Attack” On The SEC’s Crypto Work On Wednesday, the crypto industry criticized the US regulator and the politicians who claim the SEC is “doing a good job protecting” investors. The comments came after US Representative Maxine Waters opposed the Republican-led bill to…
[ad_1] Rubmar is a writer and translator who has been a crypto enthusiast for the past four years. Her goal as a writer is to create informative, complete, and easily understandable pieces accessible to those entering the crypto space. After learning about cryptocurrencies in 2019, Rubmar became curious about the world of possibilities the industry offered, quickly learning that financial freedom was at the palm of her hand with the developing technology. From a young age, Rubmar was curious about how languages work, finding special interest in wordplay and the peculiarities of dialects. Her curiosity grew as she became an…