News - Page 13

Last November, FTX experienced a collapse that sent shockwaves through the crypto industry. This event marked the beginning of a deep and dark period known as the crypto winter. Billions of dollars in customer funds were at risk, and regulators were determined to stifle the industry.

The ongoing correction in MEME price may replenish bullish momentum for a high bullish rally.

The Bank of England and the Financial Conduct Authority (FCA) have recently announced plans to increase regulation on stablecoins, which are posing a significant threat to the financial system in the UK. This move comes as part of the UK's efforts to establish a proper legislative framework for fiat-backed stablecoins.

Altcoins like Shiba Inu Coin (SHIB) have continued to sustain their uptrends over the past few weeks even as Bitcoin (BTC) consolidates below $35,000. The second-largest meme coin, pushed above resistance highlighted at $0.000008 last week, reinforcing the bullish grip and subsequently the anticipated climb above $0.00001.

A crypto analyst known as The Flow Horse believes that two altcoins, Chainlink (LINK) and Solana (SOL), are still in the early stages of their bull runs and predicts further rallies for them.

Consensus 2024 is CoinDesk's highly anticipated annual event that serves as a gathering for all aspects of the crypto, blockchain, and Web3 communities. This event has a long-standing reputation for being the most influential in the industry. It brings together experts, enthusiasts, and innovators from around the world to discuss and explore the latest trends, developments, and opportunities in the crypto space.

The AAVE token has entered a vigorous recovery phase, experiencing a remarkable ascent of 56.36% in just three weeks. Currently trading at $96.8, the token has broken free from a 16-month chart pattern, signaling a potential trend reversal.

Whale Alert, a leading crypto-tracking platform, has recently revealed data on significant whale transfers involving Shiba Inu tokens. These transfers have sparked speculation within the crypto community.

ProShares, a leading provider of exchange-traded funds (ETFs), has recently launched a new ETF called the ProShares Short Ether Strategy. This ETF allows investors to take a bearish stance on ether, the second-largest cryptocurrency in the world.

The Terra Luna Classic community recently made important decisions regarding validator commissions and the approval of a new module. Here are the key points:

Play-to-earn games have revolutionized the gaming industry by offering players the opportunity to utilize their time and abilities while earning money. This has led to the rise of blockchain games, which are projected to be valued at $65.7 billion by 2027.

The cryptocurrency market has bounced back after a period of stagnation, with Bitcoin (BTC) leading the way. Investors have taken advantage of the dip in prices to accumulate more BTC, anticipating the next bull run. The recent decision by the United States Federal Reserve to maintain interest rates has further bolstered the positive outlook in the market.

A well-known crypto strategist, Pentoshi, has provided an update on the outlook for Fetch.AI (FET), an artificial intelligence (AI) altcoin. Pentoshi notes that FET has experienced a significant surge of 307% year-to-date but is now likely entering a consolidation phase.

According to market data revealed by Whale Alert, significant whale movements have been observed in the cryptocurrency market.

Celestia is a modular blockchain network that allows developers to build and maintain blockchain infrastructure. With a market capitalization of $390,094,289, Celestia currently ranks 107 on Coingecko. Since its mainnet launch, Celestia has been making waves in the cryptocurrency world.

Ripple's Chief Legal Officer (CLO), Stuart Alderoty, and members of the XRP community are openly criticizing the Securities and Exchange Commission (SEC) and its Chair, Gary Gensler. This comes in response to recent actions and decisions by the SEC that have negatively impacted the cryptocurrency industry.