Markets

Changpeng Zhao (aka “CZ”) – the founder and former CEO of crypto exchange giant Binance – has been sentenced to 4 months in prison after a hearing in a Seattle courthouse on Tuesday. The sentencing follows CZ’s guilty plea to running afoul of know-your-customer and anti-money laundering requirements at his exchange in November. During the hearing, Judge Richard Jones acknowledged tht CZ had “accepted responsibility” for his actions, and that his actions at Binance were of a...

Bitcoin miners are beginning to feel the adverse effects of the latest halving, with industry revenues at their lowest point since early 2023. The tighter profit margins raise questions about which industry firms can stay afloat during Bitcoin’s next halving epoch, as well as how Bitcoin’s market price might be impacted. Steep Decline In Miner Revenue According to data shared by on-chain analytics platform CryptoQuant, Bitcoin’s “Puell Multiple” plummeted sharply immediately...

CoinspeakerSolana-Based Meme Coin Bonk Killer Hits $328T Market Cap to Trap Investors Bonk Killer amassed a market value swiftly. Howeve­r, this growth halted abruptly when traders found the­y couldn't sell their tokens. Solana-Based Meme Coin Bonk Killer Hits $328T Market Cap to Trap Investors

CoinspeakerBinance France: CZ’s Conviction Puts EU Access at Risk Although the AMF extended its transitional period for compliance to December 2025, which allows Binance to operate in France until then, beyond this point, a MiCA license will be required to maintain EU market access. Binance France: CZ’s Conviction Puts EU Access at Risk

TL;DR Despite the recent market downturn and XRP’s price falling below $0.50, analysts like Dark Defender predict it could still reach highs of over $5 if key support levels are maintained. The outcome of the ongoing legal battle between Ripple and the SEC remains a critical factor for the asset’s future prospects, with recent court activities adding to the case’s complexity. XRP Goals Remain Unchanged Ripple’s XRP is among the severely-affected cryptocurrencies during the...

After experiencing a significant plummet, Ripple broke below its multi-month ascending trendline and retraced toward the breached level, completing a pullback. This price action suggests a bearish sentiment in the market, potentially leading to a continuation of the downward retracement. By Shayan The Daily Chart Upon thoroughly examining the daily chart, it’s apparent that XRP underwent a substantial decline below the multi-month ascending trendline, subsequently moving...

CoinspeakerGrayscale Shifts Over 4000 BTC to Coinbase Worth $245M Grayscale’s move to shift over 4000 BTC to Coinbase follows the steady fall in BTC price today. Grayscale Shifts Over 4000 BTC to Coinbase Worth $245M

Most investors are getting the high energy and growing optimism around the Bitgert coin as of late. There is also growing speculation that the Bitgert coin price could be aiming for the $0.0001 price in the coming days. This is news that has been spreading like wildfire in the altcoin market in the past 3 weeks. Also, the price movement over the last 3 weeks has been showing a potential for this surge to be sooner than we expect. Let us look at this possibility...

The crypto market is gearing up for an exhilarating rally as Bitcoin begins its ascent. While macroeconomic factors are still in the wings, the market is witnessing significant developments, such as the upcoming Hong Kong ETFs and a wave of institutions either listing or preparing to list Bitcoin and Ethereum ETFs. This surge of institutional interest in cryptocurrencies is a testament to their growing acceptance and could provide a secure foundation for future...

SOL price’s recent 5% increase indicates a shift toward a bullish market trend following a notable downturn.  This occurred just one month after the Bitcoin halving event, which has led to conjecture regarding Solana’s prospects for a strong market rebound. Observing this development, investors and market analysts analyze its potential impact on the larger cryptocurrency market. Near Protocol has also been on an upward trajectory as the recent developments have...