Despite the current bearish sentiment, the crypto market could experience a sharp rise by the US elections in November. This is what Quinn Thompson, an expert at Lekker Capital, predicts, with Bitcoin reaching $100,000 and Ethereum at $7,000.
A recent study reveals that about 78% of Initial Exchange Offerings (IEOs) of crypto tokens would be manipulated by market makers. This practice raises serious questions about the integrity of the listing process and its implications for traders and hodlers.
The Mica law comes into effect on June 30th. Too ambiguous and restrictive, the law is controversial and concerns professionals in the cryptocurrency industry. Ultimately, USDT and USDC could completely disappear in Europe.
The cryptosphere is in turmoil: Bitcoin is experiencing a historic drop in the rate of its active addresses. Never seen in over ten years, this decline raises questions about investor commitment and market dynamics. Why are transactions decreasing, and what are the implications of this trend for the future of the world's most famous crypto?
Bitcoin recently reached new all-time highs, fueling hopes of an extended bull market. However, with an apparent slowdown in the current cycle, when can we actually expect the queen of cryptos to reach its peak?
Week 26 witnessed a significant decrease in the crypto market, with Bitcoin losing about 16% of its value compared to its recent peak. Bitvavo provided a detailed analysis of this downward trend, attributing the drop not to specific events, but rather to a general atmosphere of uncertainty and concern.
Russia's oil revenues are experiencing a spectacular surge despite severe economic sanctions imposed by the United States. In June, oil and gas revenues soared to $9.4 billion. This unexpected performance highlights Russia's economic resilience and underscores the growing role of the BRICS bloc in the global energy landscape. While the sanctions aimed to weaken Moscow, Russia has adeptly navigated these obstacles to redefine the dynamics of the international oil market.
On June 30, 2024, a historic turning point was reached for Ethereum: the network recorded its lowest gas fees since 2016, news that reverberates like an earthquake in the crypto ecosystem. This unexpected phenomenon comes in a context of high transactional activity, redefining the economic dynamics of the world's second-largest blockchain. Why this dramatic drop in gas fees and what are the implications for the future of Ethereum and the crypto sector as a whole?
If you take a look at the meme scene, you will notice that many meme coin âplayersâ are currently experiencing an increase in value. Many meme coins are blooming these days.
The democratization of cryptocurrencies is progressing with 38,279 active Bitcoin ATMs in 2024, strengthening their global presence and facilitating transactions.