With the upcoming US elections in November, former President Donald Trump has taken a surprising stance in support of Bitcoin and other cryptocurrencies. In a recent video that circulated among crypto enthusiasts and investors, Trump made strong and positive comments regarding the digital assets. This significant pivot from his previous skepticism has sparked speculation about
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The TON price has experienced a significant rally, increasing by almost 15% and breaking through the $6.50 resistance level. The upward trend has been fueled by a strong surge from the $5.60 support zone, with the price surpassing both the $6.20 and $6.50 resistance levels. As of now, the price is trading above $6.50 and
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In a recent announcement, crypto lender BlockFi revealed its plans to shut down its web platform and collaborate with Coinbase to distribute funds to its clients. This decision comes after BlockFi filed for bankruptcy in November 2022 following FTX’s collapse. The CEO of BlockFi, Zac Prince, attributed the company’s bankruptcy to the actions of FTX’s
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The European Securities and Markets Authority (ESMA) has recently announced its decision to review the rules governing crypto asset investments by UCITS (Undertakings for Collective Investment in Transferable Securities). This review is part of a larger examination of the EU’s financial regulatory framework. The European Commission (EC) has requested this review to ensure that UCITS
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In the realm of meme coins, the recent surge of the Apple-themed token, APPLE, has caused quite a stir in the market. With a staggering overnight increase of 76,928%, the price of APPLE skyrocketed following Apple’s latest product launches. Despite the meme coin having no official affiliation with the tech giant, its price action has
Recently, XRP bulls have been experiencing a rough time in the market as $1.27 million worth of long positions were liquidated. This sharp spike in long liquidations, amounting to a 6,350% increase, is indicative of the prevailing sentiment within the XRP ecosystem. Data from Coinglass revealed that in the last 24 hours alone, $1.27 million
In a recent report from the Wall Street Journal, allegations were made against Binance regarding market manipulation by DWF Labs, a major player on the trading platform. The report highlighted instances of pump-and-dump schemes and wash trading by “VIP” clients, including $300 million by DWF Labs. Despite recommendations to remove DWF Labs from the platform,