Dogecoin (DOGE) is currently facing a critical juncture after being rejected at the $0.09149 level. This rejection has caused the price to retreat towards a key trendline, putting the cryptocurrency in a decisive position. Market observers are closely monitoring to see if the bulls can regroup and trigger a breakout above this important level. A
In 2024, the US Securities and Exchange Commission (SEC) made headlines by imposing a staggering $4.68 billion in fines against various crypto companies. This marked a significant increase from previous years and indicated a more aggressive regulatory approach by the agency. According to a report by Social Capital Markets, the total fines imposed by the
Cryptocurrency analyst Thomas has come forward with his Bitcoin price prediction for the year 2030, linking it to the outcome of the upcoming US presidential elections. According to Thomas, regardless of whether Donald Trump or Kamala Harris emerges victorious, Bitcoin is headed towards hitting the $1 million mark by 2030. This bold statement has stirred
The Digital Chamber (TDC) has recently made a plea to Congress to pass legislation that would categorize certain non-fungible tokens (NFTs) as consumer goods rather than subjecting them to federal securities laws. This request comes in the wake of increased scrutiny from the Securities and Exchange Commission (SEC), particularly through actions taken against NFT marketplace
In a controversial move, North Carolina legislators have successfully overturned Governor Roy Cooper’s veto on a bill that would have prohibited the state from implementing a central bank digital currency (CBDC). The Republican-dominated Senate’s approval of House Bill 690 with a 27-17 vote signals a decisive victory in the ongoing battle over the future of
The world of cryptocurrency, particularly Bitcoin, has been a hot topic recently with predictions swinging from one extreme to the other. Analysts have been divided on whether Bitcoin can reach a new all-time high after the crash. While bearish sentiments persist, there are still those who are optimistic about the future of the pioneer cryptocurrency.
In a recent market analysis by Crypto analyst CryptoCon, it was pointed out that the current price action of Bitcoin is strikingly similar to that of December 2016. The analyst mentioned that it feels like September 2016 all over again for Bitcoin, with the cryptocurrency dipping into the support zone after the mid-top. CryptoCon highlighted
Recently, the Federal Reserve issued a cease and desist order to United Texas Bank (UTB) on August 29, 2023. This order came after an examination conducted by the Federal Reserve Bank of Dallas and the Texas Department of Banking earlier in May of the same year. The examination revealed alleged deficiencies in the bank’s corporate
The recent revelation by Coinbase CFO Alesia Haas regarding Vice President Kamala Harris’s campaign using Coinbase Commerce to accept crypto donations has sparked interest and raised questions about the intersection of politics and the cryptocurrency industry. This development provides insights into the evolving landscape of fundraising and the increasing acceptance of digital assets in mainstream
In a recent development, a Nigerian court has decided to postpone the decision on the bail application for the detained Binance executive, Tigran Gambaryan, until October 9th. This decision came after arguments from both Gambaryan’s lawyer, Mark Mordi, and the prosecuting counsel, Ekele Iheanacho were heard by Judge Emeka Nwite on September 4th. The bail