Bitcoin has been on a rollercoaster ride in terms of market cycles, swinging between overly pessimistic and overly optimistic narratives. However, as noted by crypto analyst Scott Melker, the current market conditions are different. There is a prevalence of positive and tangible narratives that are actually coming true. This unique market cycle is one of
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Semilore Faleti, a distinguished cryptocurrency writer, initially delved into various subjects before finding his passion for the complexities of blockchains and cryptocurrency. As he honed his skills as a content writer, Semilore curated educational articles that catered to a broad audience, from newcomers to seasoned veterans in the crypto space. His insightful explanations helped demystify
The recent hack on India-based crypto exchange WazirX has brought attention to the importance of security in multiparty computation (MPC) wallets. Liminal, an MPC wallet provider, clarified in its post-mortem report that its infrastructure was not compromised during the breach. The report attributed the hack to compromised devices within WazirX’s network, emphasizing that Liminal’s user
In a recent legal development, a US court has granted Binance US permission to invest certain customer fiat funds that are currently held at BitGo. The exchange requested court approval to invest approximately $40 million in US Treasury Bills, in $10 million increments over the course of four weeks. These investments will be done through
Bitcoin, the world’s largest cryptocurrency, has recently caught the attention of a market strategist who believes that it has finally concluded its downtrend. This positive shift in market value has sparked optimism among investors and traders alike, signaling a potential new price target for the digital asset. Renowned crypto analyst, Rekt Capital, has shared his
Aayush Jindal, a prominent figure in the financial markets, has built a reputation for himself over 15 years of experience in Forex and cryptocurrency trading. His journey began with a natural aptitude for deciphering complex systems and patterns at a young age, leading him to become a trusted advisor and senior market expert to investors
Aayush Jindal is a prominent figure in the financial markets, with a wealth of experience spanning over 15 years in Forex and cryptocurrency trading. He is widely recognized for his unparalleled proficiency in providing technical analysis and guiding investors worldwide through the complexities of modern finance. Aayush’s journey to success started at a young age,
The native token of the Layer 1 (L1) blockchain Near Protocol, NEAR, recently reached a one-month high, hitting $5.93 after a period of decline that saw the token drop to $4 on July 5. This surge represents a remarkable 20% gain over the past week, propelling NEAR to the 19th position among the top 100
Cryptocurrency analyst Rekt Capital has recently provided insights into the future trajectory of Bitcoin. According to his analysis, the flagship cryptocurrency might not be ready just yet for its next leg up, which could potentially see it climb back above the $70,000 mark. Rekt Capital mentioned in a post on X (formerly Twitter) that Bitcoin
The Basel Committee on Banking Supervision has recently announced the release of its final disclosure framework for banks’ crypto exposures and has implemented targeted changes to its cryptoasset standards. These amendments aim to strengthen the criteria for stablecoins to receive a preferential regulatory treatment. Both sets of standards are scheduled to take effect on January
