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Unpopular Opinion: Is the SEC the Key Behind the Next Crypto Bull Market?

The crypto market has recovered a lot of the losses sustained in 2022, with BTC rising by over 80% YTD and many altcoins performing even better. This led to questions and analysis within the community about whether the bear market is over and the industry is preparing for yet another bull cycle. Moreover, the BTC halving is scheduled to take place in less than a year, which is typically regarded as a catalyst for upcoming price increases. However, the recent developments from...

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Weekend Watch: Bitcoin (BTC) Defends $30K, Cardano (ADA) Drops 4% Daily

Bitcoin dipped toward $30,000 but managed to bounce off that level and stands a few hundred dollars above it now as well. Most altcoins are also slightly in the red today, with ADA, SOL, MATIC, and DOT dropping the most from the larger caps. BTC Defends $30K The primary cryptocurrency experienced enhanced volatility at the end of the business week, alongside the rest of the market, following Ripple’s landmark victory against the SEC. Following the judge’s ruling that almost...

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NFTs Are Making Artists a Lot of Money

Ashley Crossland is a man who made his bones working as a graphic designer, but while it’s been a solid career, the money he’s made in this field is nothing compared to the big bucks he’s rung in developing non-fungible tokens (NFTs). NFTs Are Bigger Than Ever NFTs are a new breed of digital currency. While they cannot be used as methods of payment, they are getting big in that the space is growing like crazy, and you now have people putting their NFTs up as...

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Bitcoin (BTC) Rejected at $31K Again, Ripple (XRP) Dumps 8% Daily (Weekend Watch)

After marking a new 13-month high yesterday at almost $32,000, bitcoin has been rejected once again and even dipped below $30,000 hours ago. Most altcoins are also in the red today following the recent gains, except for DOGE, SHIB, OP, and a few others. BTC Stopped Most of the working week went by quietly for the primary cryptocurrency as the asset spent it trading sideways in a tight range between $30,000 and $31,000. All that, however, changed on Thursday evening when Judge...

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Stellar Lumens (XLM) Price Sees Huge Gains After XRP Ruling, While These Tokens Are Also Surging

XRP’s recent win against the U.S. Securities and Exchange Commission (SEC) sparked a wave of optimism in the crypto market, driving a rally in altcoins. Amid this rally, Stellar Lumens (XLM) stood out with an almost 50% price jump in the past 24 hours. The likes of Solana and Cardano have also seem significant gains, while new coins like Thug Life and Chimpzee are surging as the market turns bullish. Stellar Lumens’ Bullish Recovery Amid SEC Setback Previously, the SEC’s...

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Ripple’s Partial Win in XRP Case Sparks Alt Rally as PoS Coins Post Impressive Gains

XRP appears to be leading the altcoin rally fetching over 66% in the past day alone. This comes after Ripple Labs managed to score a victory in the SEC case crippling the financial regulator’s plan to regulate the digital asset industry. The market has reacted positively to the District Court for the Southern District of New York’s ruling. Interestingly, altcoins that have posted significant gains are mostly the ones deemed as securities by the US financial regulator. Binance...

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Tether Opens Large BTC Mining Firm in Uruguay

Tether – one of the largest and most popular stable currencies around – has announced plans to open a huge bitcoin mining facility in the South American region of Uruguay. The clincher? The company is going to operate the facility only using renewable energy. Tether to Mine Bitcoin in South America This is a big deal in that bitcoin and crypto mining operations have gotten a bad rap over the last several years on account of the high number of reports that have...

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