Introduction This report provides a comprehensive analysis of Dogecoin’s (DOGE) price dynamics, covering technical indicators and moving averages. Price and Volume Overview As of 07:30 a.m. UTC on 17 June 2023, on Binance,the price of DOGE is $0.062680, which is an increase of $0.000970 (+1.57%) from the previous close. The […]
In a June 9, 2023 post on his website, Ethereum co-founder, Vitalik Buterin outlined the three major technical transitions that the Ethereum protocol must undergo to offer an open, global, and permissionless experience to the average user. According to Buterin, the three simultaneous transitions for Ethereum are; the Layer 2 […]
The Hinman documents were finally unsealed and made publicly available on June 12 after a lengthy back and forth between Ripple and the United States Securities and Exchange Commission (SEC), but what exactly do they reveal? The documents are extensive, and while they can be found in public resources like […]
Coinbase Global Inc., a leading cryptocurrency exchange, may be losing its grip on the retail crypto trading market to Robinhood Markets Inc., suggests Mizuho Securities analyst Dan Dolev. According to a Bloomberg report by Breanna Bradham published yesterday, his analysis of April’s data indicates a potential shift in retail crypto […]
Recent developments surrounding Tether (USDT), the popular stablecoin, have sparked a growing wave of fear, uncertainty, and doubt (FUD) in the cryptocurrency community. As, the industry’s largest stablecoin with an $83 billion market cap, has depegged and experienced a decline to $0.9991. Eventually, the market participants and observers are voicing […]
After recently suffering a recent exploit on its platform, decentralized finance (DeFi) protocol Sturdy Finance has reopened its stablecoin market. On June 16, the lending platform announced that it had unpaused the stablecoin market, allowing users to access their funds. The DeFi protocol told its users that no funds were […]
The Bitcoin price has risen 3.2% since yesterday’s low of $24,827. At press time, BTC was trading at $25,590 and has thus reclaimed two extremely important price levels for the moment: first, the Bitcoin price has once again risen above the 200-day Exponential Moving Average (EMA) currently at $25,299, and […]
To improve the country’s high-value payment system, Colombia’s central bank is experimenting with Ripple’s new end-to-end central bank digital currency technology. How will this collaboration affect the price of XRP? On Thursday, Ripple announced that the central bank of Colombia and the Ministry of Information and Communication Technologies (MinTIC) would […]
BlackRock’s latest filing for a spot Bitcoin (BTC) trust will drive investors’ confidence in Bitcoin and may even be “the best thing that could happen” to BTC, according to some crypto industry observers — but others warn of a hidden cost. During an interview on June 16, Galaxy Digital CEO […]
Crypto lending firm Abra, which once handled more than $116 million in assets, had allegedly committed securities fraud and has been insolvent since March 31, according to Texas regulators. In a June 15 enforcement action — including an emergency cease and desist order — the Texas State Securities Board accused Abra and […]
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