Especially, Sui (SUI) has attracted much attention recently and spiked almost 10% in a week. However, after recent price increases and rather active trade, bearish sentiment can be observed among merchants. Majority of Traders Bet Against SUI 71% of traders on the Binance exchange are currently shorting SUI against 29% who are longing for the…
There has been an increase in the cases of fraud in the space and the need for continuous efforts of regulations as Blockchain investigator, ZachXBT has helped to recover around $275,000 which was stolen in a social engineering crypto scam. Highlights: ZachXBT got back $275K from a Coinbase-related scam. According to Chainalysis, it revealed that…
Markus Thielen’s Bold Prediction Speaking to LaTribune about the future of Bitcoin, Markus Thielen of 10x Research expects Bitcoin to return to $70,000 within the next two weeks and possibly come close to its ATH of $73,000 in late October. Out of this, Thielen suggests that this could be the reason for this potential rally…
In the past 24 hours, both Mog Coin (MOG) and Popcat (POPCAT) have risen by more than 10% and have also seen significant adoption Crypto All-Stars (STARS) remains one of the most popular coins since its launch since its ICO has been completed, raising over $2 million. Mog Coin & Popcat Fuel the “Cat Coin”…
Cryptocurrency markets started declining on October 1st, fueled by tensions in the Middle East, particularly between Israel and Iran. Market Impact of the Israel-Iran Conflict Thus, market confidence was severely shaken after Iran conducted hundreds of missile strikes on Israel and subordinated the overall crypto market cap by 4%. The biggest crypto by market value, Bitcoin,…
In the case of cryptocurrencies and blockchain – the UK is far from being a leader in financial innovation or even a liberal approach. Investors and startups are bogged down by inefficiencies in bureaucratic policies and procedures, high overheads, and silos. Stiff laws on taxation, market fluctuations, and bad publicity have put off investors. The…
The United Arab Emirates (UAE) has recently announced its major change, releasing a number of crypto-related activities from its 5% Value-Added Tax (VAT). This strategic move can play greatly in the world for the cryptocurrency market, especially placing the UAE as one of the front runners in virtual assets. VAT Exemption: A Game-Changer for the…
The cryptocurrency market has remained bearish over the past day, with the total market capitalization dropping to $2,133 billion during the past 24 hours, down 1.44%. The fresh pressure is attributed to appreciation pressure in the U.S. dollar and a slump in risk assets because of its long-drawn effects on the Middle East conflict and…
Bybit’s New License and Services in Kazakhstan Crypto traders should note that Bybit is the second biggest cryptocurrency trading platform in terms of volume after Binance has recently been granted a full operating license by the Astana Financial Service Authority (AFSA). This achievement enables Bybit to act as an independent market entity in Kazakhstan and…
Key Takeaways: Cryptocurrencies: Uniswap (UNI) recouped 8% in the top 20 coins by market capitalization as measured by CoinDesk’s artworks. The altcoin returns for XRP and Aptos (APT) are lesser than the ST upside returns with 0.90% and -0.13% respectively. Crypto Fear & Greed Index transitioned from showing fear and neutrality to greed after an…
