“SXP Coin: A Comprehensive History and Current Bullish Trends”

Full History of SXP Coin and Current Bullish Outlook History of SXP Coin:SXP, formerly known as Swipe (SXP), is a cryptocurrency that was initially launched as part of the Swipe platform, which is a digital wallet and payment platform. Swipe was founded in 2018 and aimed to provide an easy-to-use cryptocurrency wallet with integrated payment … Read more

Nigerian Central Bank Orders Fintech Companies to Stop Opening New Accounts in Light of Cryptocurrency Clampdown

Nigerian Central Bank Orders Fintech Companies to Stop Opening New Accounts in Light of Cryptocurrency Clampdown

Four fintech companies have been instructed by the Central Bank of Nigeria to stop opening new accounts, citing the possibility that bitcoin dealers may utilize them. A representative of an impacted fintech company has linked the Central Bank’s instruction to an ongoing assessment of the Know Your Customer (KYC) protocols these companies have put in … Read more

Data Disproves the Hype of Crypto Influencers: “It is Not Altcoin Season”

Data Disproves the Hype of Crypto Influencers: "It is Not Altcoin Season

While bitcoin has performed steadily over the last ninety days, the price rise of 19 other cryptocurrencies has surpassed that of the top digital asset. But since early April, the Altcoin Season Index—which compares these cryptocurrencies’ performance to bitcoin—has fallen from 59 to 39, indicating that an altcoin season is unlikely to occur very soon. … Read more

With $2 billion at stake and a nearing reward halving, short sellers target Bitcoin miners.

With $2 billion at stake and a nearing reward halving, short sellers target Bitcoin miners.

According to a recent study, the combined short interest in stocks of fifteen bitcoin mining businesses is getting close to $2 billion. About 663 blocks left until the next reward halving, which corresponds with a fall in the performance of these mining stocks from their earlier year stronger start. Short Bets on Mining Stocks Are … Read more

Technical Analysis of Ethereum: ETH Varies Between a Bullish Breakout and a Bearish Trend

Technical Analysis of Ethereum: ETH Varies Between a Bullish Breakout and a Bearish Trend

On April 15, 2024, ethereum trades in a broad range between $2,991 and $3,266. Important technical indicators and chart patterns point to a possible but subtle change in market sentiment. Although there has been a bearish trend for the last week, oscillator and moving average signals suggest that there may be a bullish turnaround coming. … Read more

Technical Analysis of Bitcoin: Signs Point to a Possible Change in Market Momentum

Technical Analysis of Bitcoin: Signs Point to a Possible Change in Market Momentum

On April 15, 2024, the price of bitcoin shows a mixed picture of consolidation and faint signs of recovery, indicating a pivotal point for possible bullish or negative developments. Bitcoin The 1-hour chart shows that the market is undecided right now, but the 4-hour and daily charts point to underlying moves that might affect how … Read more

Chinese Fraud Victims Request Government Assistance to Recover 61,000 Bitcoins Taken by UK Authorities

Chinese Fraud Victims Request Government Assistance to Recover 61,000 Bitcoins Taken by UK Authorities

The foreign ministry of China has been contacted by a group of Chinese victims of a $6 billion scam to help them retrieve 61,000 bitcoins that were taken from a scammer and her accomplice. Attempts to give the British government ownership of these bitcoins have been met with fierce opposition from the victims of fraud. … Read more

Most respondents to a Deutsche Bank survey believe that cryptocurrency will become a “important” asset class and payment method.

Most respondents to a Deutsche Bank survey believe that cryptocurrency will become a "important" asset class and payment method.

More than half of participants in a recent Deutsche Bank survey anticipated cryptocurrencies to grow in importance as an asset class and a form of payment. Furthermore, 10% of participants anticipate that by year’s end, the price of bitcoin will surpass $75,000. The Crypto Survey by Deutsche Bank This week’s publication of a survey by … Read more

Blackrock, a $10.5 trillion asset manager, currently has 270K bitcoins in its Spot ETF.

Chinese Fraud Victims Request Government Assistance to Recover 61,000 Bitcoins Taken by UK Authorities

At a whopping $10.5 trillion, Blackrock, the biggest asset manager in the world, broke its previous record for assets under management (AUM). With its Ishares Bitcoin Trust (IBIT), which has accumulated around 270K bitcoins, this financial goliath also maintains its dominance in the US spot bitcoin exchange-traded fund field. IBIT Now Owns Almost 270K Bitcoins … Read more

CEO of Binance Talks About Company’s Strategy Following Settlement With US Authorities

CEO of Binance Talks About Company's Strategy Following Settlement With US Authorities

The CEO of Binance has revealed the company’s goals and future course after reaching a settlement with US authorities, such as the Department of Justice (DOJ). He emphasized, “We have moved past that as the company move into greater maturity,” saying the cryptocurrency company is concentrating on “sustainability.” “The Path of Travel Is Quite Evident.” … Read more