One of the key indicators being closely watched by Chief Crypto Analyst Jamie Coutts is Bitcoin’s hash rate decline. Coutts suggested that a reversal in the bearish trend might be on the horizon as the hash rate decline is slowing down. This is a positive sign as it could precede a bottom and a reversal
Growing up in Edo State, Nigeria, alongside my three siblings, I have always been surrounded by individuals who inspired me and taught me valuable life lessons. My parents, in particular, have played a significant role in shaping the person I am today. Their unwavering support and guidance have been the cornerstone of my journey, providing
Semilore Faleti is a distinguished cryptocurrency writer with a specialization in journalism and content creation. His journey in the crypto world started by delving into various subjects but eventually led him to explore the intricate universe of blockchains and digital currencies. Semilore’s passion lies in the efficiency of digital assets for storing and transferring value.
The recent crash in Bitcoin price back towards the $56,000 level has once again highlighted the extreme volatility in the cryptocurrency market. Despite a brief pump triggered by the CPI data release showing lower inflation rates than expected, the bearish trend has persisted. Even with efforts from bulls to prop up the price, a crypto
In recent weeks, the XRP price has shown exceptional performance compared to other cryptocurrencies in the market. After facing a sustained decline from its yearly high of $0.745 in March, XRP has experienced a significant surge of 13.5% in the past week alone. This surge has captured the attention of traders and investors, as the
After more than three years, the SEC has closed its investigation into Hiro Systems and the Stacks blockchain without recommending any enforcement action. This investigation began following the first-ever SEC-qualified offering by Stacks in 2019. The Stacks ecosystem has been decentralized since before the mainnet launch in January 2021. In June 2021, the SEC’s Enforcement
Elon Musk, the CTO and chairman of X, has publicly accused the European Commission of offering the social media platform an “illegal secret deal” to censor speech in order to avoid fines in the EU. Musk made these claims on social media in response to the EC’s publication of preliminary findings from an investigation under
The Securities and Exchange Commission (SEC) has recently announced the closure of its investigation into Hiro and the Stacks blockchain without recommending any enforcement action. This marks the end of a three-year long investigation that began following the first-ever SEC-qualified offering by Stacks in 2019. The Stacks ecosystem has been decentralized since before the mainnet
Recently, Bitcoin surged to an all-time high above $73,000, causing speculations about whether the cryptocurrency has reached its peak in this cycle. Amidst these discussions, a crypto analyst known as ‘CryptoCon’ conducted a detailed evaluation of Bitcoin’s price trends and future prospects, suggesting that there is still significant upward momentum on the horizon. On July
Decentralized Autonomous Organizations (DAOs) have been gaining attention in the blockchain community as innovative entities designed for collective goals. The UK Law Commission recently published a scoping paper to discuss the legal implications of DAOs in the country. While recognizing the potential of DAOs, the Commission highlighted the challenges in defining and regulating these entities