Bitcoin (BTC) has reached a new May high of $29,529 on Bitstamp and is eyeing a reclaim of further lost ground as the $30,000 mark remains in play. Despite experiencing a dip in response to the US equities market opening on May 4, BTC/USD quickly rebounded as $29,000 support returned. The ongoing US banking crisis,
Launchpad XYZ ($LPX) is a platform that provides a range of innovative features to simplify crypto analysis and enable investors to make informed decisions. With the booming NFT market, Launchpad XYZ is here to help investors ride the wave with confidence. Launchpad XYZ’s proprietary Launchpad Quotient uses artificial intelligence to assign risk-reward scores to potential
The US Justice Department is currently investigating whether Binance Holdings Ltd. was involved in allowing Russians to bypass US sanctions and transfer money via the cryptocurrency exchange. Bloomberg News reported that the Justice Department’s national security division is assessing whether Binance or its officials acted unlawfully when it came to sanctions in relation to Russia’s
If you’re an investor looking for the next big opportunity in meme cryptocurrency, look no further than SpongeBob ($SPONGE) token. Launched on May 4th, 2023, the token has already surged 700% within 24 hours of its launch and is currently ranked among the top 3 gainers on DEXtools. The success of SpongeBob token can be
A financial analyst has warned that US-based crypto exchange, Coinbase, is facing an “existential risk” as the Securities and Exchange Commission (SEC) continues its crackdown on the crypto industry. This warning follows renewed concerns among Coinbase investors that tokens listed on the exchange could be considered securities under SEC rules, which would bring a host
Onchain Studios, the Miami-based startup, has recently launched a new line of digital collectibles named Cryptoys, featuring classic Star Wars characters like Darth Vader, Luke Skywalker, and Princess Leia. The company partnered with Disney to bring the latest collection to the market. The digital action figures will be accompanied by powerful weapons and will come
The US economy is grappling with a triple threat of challenges, including surging inflation, high interest rates, and a banking industry in turmoil. This situation has been exacerbated since Silvergate Bank announced its decision to cease operations and liquidate assets on March 8, 2023. This decision has triggered a series of significant bank failures, including
The SUI token has experienced a significant drop in price after its market debut on leading cryptocurrency exchanges. Just two days after establishing a record high of around $4 on Binance, SUI’s price dropped about 70% to $1.26 per token on May 5. However, on Kraken and other exchanges, its market cap was $1.60 or
Robert F. Kennedy Jr., a Democratic presidential candidate, recently took to Twitter to voice his opinions on cryptocurrency regulation. He criticized the Biden Administration’s renewed call to propose a 30 percent tax on crypto-mining, calling it a “bad idea.” Kennedy believes that cryptocurrencies, led by bitcoin, are a major innovation engine. It would be a
As the cryptocurrency market becomes more complex, trading has become a difficult task for traders, quants, and analysts. yPredict is an AI-driven platform that aims to simplify how individuals perform technical analysis and predict crypto prices. The yPredict ecosystem is a collaboration among AI and machine learning experts, financial quants, and traders, and it provides