Benjamin Cowen has issued a warning that the cryptocurrency market is entering a particularly harsh phase. Cowen, who has a following of 768,800 people on social media platform X (formerly known as Twitter), points out that Bitcoin’s dominance in the overall crypto market capitalization is on the rise as investors […]
Prominent cryptocurrency strategist Nicholas Merten, known for his influential voice on his DataDash YouTube channel, has raised concerns over the possible price trajectory for certain altcoins, namely $XRP, Cardano ($ADA) and Binance Coin ($BNB), over liquidity issues. In a video shared on the Google-owned video-sharing platform to his over 500,000 […]
Prominent cryptocurrency analyst Benjamin Cowen has issued a cautionary note, suggesting that numerous altcoins are headed for another downturn within this year, with little hope for recovery. In a recent video update, Cowen shared these insights with his 787K YouTube subscribers, warning of an “altcoin reckoning” that many digital assets […]
The digital asset arm of British traditional finance giant Standard Chartered, Zodia Custody, has unveiled a new offering allow cryptocurrency investors to generate income from their holdings via staking. The financial giant’s subsidiary, which is in the cryptocurrency custody business, revealed it struck a deal with Singapore’s blockchain tech giant […]
A popular cryptocurrency analyst has recently suggested that the native token of the XRP Ledger, $XRP, could soon outperform other alternative cryptocurrencies (altcoins) as it breaks through a key technical pattern. In a post shared with their over 280,000 followers back in August on the microblogging platform X (formerly known […]
Cryptocurrency investment products focusing on three major altcoins, Solana ($SOL), $XRP, and Cardano ($ADA) bucked a bearish trend last week amid outflows of over $54 million for digital asset investment products, with $BTC investment products seeing $45.3 million of outflows. According to CoinShares’ Digital Asset Fund Flows Weekly report, over […]
The cryptocurrency community has been heavily criticizing circulating rumors that suggest the world’s largest asset manager BlackRock is shifting its cryptocurrency strategy from the flagship cryptocurrency Bitcoin ($BTC) to the $XRP token. The rumor was further exacerbated by a recently published article on the popular financial information portal Investing.com, which […]
Bill Morgan, an Australian-based attorney specializing in cryptocurrency law, recently commented on the Securities and Exchange Commission’s (SEC) ongoing involvement in the crypto sector. SEC’s Fight Against Ripple and XRP On 13 July 2023, U.S. District Judge Analisa Torres, presiding over the Southern District of New York, delivered a nuanced […]
An influential cryptocurrency trader has recently revealed they are accumulating two little-known altcoins to their substantial audience on social media, noting that at least one of them is set to start receiving more attention in the near future. In a post on the microblogging platform X (formerly known as Twitter), […]
The smart contract platform Cardano ($ADA) has maintained its third place when it comes to cryptocurrency networks in terms of development activity, behind the “blockchain of blockchains” Polkadot ($DOT) and its public pre-production environment Kusama ($KSM). That’s according to data from on-chain analytics firm Santiment, which details Polkadot has managed […]
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