As the world of cryptocurrencies evolves, Ethereum (ETH) investors are beginning to take notice of the power of yields and their potential impact on the crypto space. Yields, in essence, are the payments investors receive for holding cryptocurrencies, and they can come in many shapes and forms. How ETH Yields Could Revolutionize The Space One…
Bitcoin price seems to merely be grinding upwards, with a dusting of chop in between. What corrections have arrived have been minimal, and are shockingly similar in both time and price. This fractal behavior could be a sign of an important Elliott Wave signal, that not only says that BTCUSD is about to go parabolic,…
The US Securities and Exchange Commission (SEC) has revised the initial punishment against a blockchain-based content provider, LBRY. It has significantly reduced the penalty from the previous $22 million to a revised amount of approximately $111,000. SEC Revises Initial Penalty On LBRY The decentralized content-sharing platform that utilizes blockchain technology found itself in legal trouble…
May 15th marks a new dawn for the Ethereum liquid staking protocol, Lido Finance, as it seeks to launch the highly anticipated V2 update on its platform. According to Lido contributors, the V2 update is its biggest platform update yet and a step in the right direction toward further decentralization in the blockchain industry. The…
Fantom (FTM) has been on a bearish movement since April 19, 2023, resulting in a loss of about 30%. The price decline contributed to the negative market sentiment around the asset, making it hard for any possible retracement. However, these days, some minor green candles indicate a potential bullish trend. This is because the price of…
Recently, the price of Toncoin (TON) witnessed a rapid decline, causing investors and traders to worry about the asset’s potential. The bear’s refusal to surrender control can cause TON’s price to drop, increasing the negative market sentiment around it. The entire cryptocurrency ecosystem is always volatile and unpredictable, with many price fluctuations based on various…
Bitcoin began another recovery trend over the weekend and has been on a bullish path since. This follows last week’s incredible bearish movement which saw the digital asset drop below the $26,000 mark for the first time in over a month. However, the bulls are beginning to pick up steam once more, but what…
The U.S. Congress Democratic committee members are preparing to endorse the Securities and Exchange Commission’s (SEC) stringent regulation of digital assets in their efforts to assert control over the crypto industry. A new memo pointing towards a hearing on digital assets regulation circulated among the Democrat committee, sparking reactions among top crypto leaders. In a…
On-chain data shows the Bitcoin Puell Multiple has hit pretty high levels recently. Here’s what this may mean for the current rally. Bitcoin Puell Multiple Has Risen To High Levels In Recent Days As pointed out by an analyst in a CryptoQuant post, the Puell Multiple is currently at even higher levels than those seen…
Zimbabwe ignored the International Monetary Fund’s (IMF) caution and engaged in the sale of its gold-backed crypto tokens. As a result, the Reserve Bank of Zimbabwe recorded huge success selling its gold-backed digital assets worth 14 billion in its native currency or 39 million in United States dollars. Zimbabwe’s Sale Of Gold-Backed Digital Tokens Attracts…
