Crypto news

While Peter Schiff thinks Bitcoin price will crash before the ETF launch in the United States, analysts at AllianceBernstein issued a prediction of $150k in 2025 driven by the halving event and institutional inflows. The recent Bitcoin (BTC) breakout has significantly raised investors’ optimism for a continued bullish trend in the coming weeks toward the end of the year. Already, the altcoin market led by Ethereum (ETH), Solana (SOL), and Chainlink (LINK) has made significant gains in the...

For many crypto firms that are currently exploring layer-2, they have found that it opens up potential new revenue streams.  Charles Hoskinson, the founder of Cardano blockchain may be eyeing a potential partnership with top US crypto exchange Kraken. This follows after Kraken announced that it plans to improve its technological capabilities, admitting that it would need the help of a blockchain developer to do so. Although many notable contenders have also signalled their interest in...

Cardano Foundation CEO Frederik Gregaard recently noted that the development of the smart contract-enabled ecosystem has been slow due to the high academic approach, which has been considered boring but important. Amidst the ongoing altcoin breakout fueled by the optimism revolving around the Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs) in the United States, Cardano (ADA) has been among the best-performing top-rated altcoins and demonstrated very positive price trends....

Garlinghouse emphasized the need for the SEC to reassess its regulatory approach, moving away from a pattern of enforcement through lawsuits. During the just-concluded Ripple’s Swell conference in Dubai, the company’s CEO Brad Garlinghouse shared his views regarding the United States Securities and Exchange Commission’s (SEC) role in protecting consumers against bad actors. In an interview with CNBC’s Dan Murphy, Garlinghouse stated that, in his opinion, the SEC has strayed from its...

Stellar lumen price started a downside correction from the $0.1300 zone against the US Dollar. XLM price is now trading below $0.1250 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.1250 on the 4-hour chart (data feed via Kraken). The pair could start another increase if it clears the $0.125 and $0.130 resistance levels. Stellar lumen price is trading above $0.120 against the US Dollar, like bitcoin....

Ripple price started a downside correction from the $0.7320 zone against the US dollar. The price is now trading below $0.6650 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.6600 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could start a fresh increase unless there is a close below $0.6200. Ripple price is consolidating near $0.640 against the US Dollar, like Bitcoin. XRP...

Binance’s dominance over the centralized crypto exchange market has weakened over the past year, according to a new report from 0xScope. Estimates from the blockchain analytics firm suggest that Binance’s trading volume and other indicators are “around 10% lower overall,” while competition from OKX and other “second-tier exchanges” grows stiffer. Binance’s Second Tier Competitors Per the report, Binance is still the clear leader in terms of global crypto volume, accounting...

New Jersey’s U.S. Attorney’s Office has filed a civil forfeiture action against Christopher Castelluzzo and two other members of an unnamed drug trafficking group based in New Jersey. According to the filing, the other two members of the group are Luke Atwell – a friend and business partner of Castelluzzo’s who is currently serving a similar sentence – and Brian Krewson, another friend of the two who reportedly manages their estate for the time being. Attempts to Move Crypto...

The U.S. Securities and Exchange Commission (SEC) is struggling to recruit and retain crypto experts due to internal hiring restrictions, according to a new report from the agency’s Inspector General. The statement comes at a time when the SEC is highly focused on reigning in the blockchain industry, which its chairman Gary Gensler has described as “largely non-compliant.” Experts Won’t Sell Their Crypto Per the Inspector General’s Statement on the SEC’s Management and...

Moreover, the total crypto market cap is now worth more than all the silver in the world. After a 4.7% rally for the five days ending Sunday, Bitcoin price is humming right along at the $37,100 level. The world’s original cryptocurrency is trading 38% higher than six months ago. But it’s up even more YTD, with an astounding 123% gain over an average exchange price of $16,600 on January 1. With the Bitcoin market cap in excess of $725 billion, the leading cryptocurrency is now...