US Commodity Futures Trading Commission Chair Rostin Behnam revealed the agency’s ambition to bring landmark crypto enforcement in 2023. In a speech at the American Bar Association, Behnam emphasized the need for continued and thoughtful … [Continue reading]
Ethereum devs finalize fork on the Zheijang testnet, here’s what this means for ETH
Ethereum ecosystem developers have agreed to launch the Shapella fork on the Zheijang testnet on February 7. According to lead Ethereum developer Tim Beiko, the Sepolia testnet can be launched on Sepolia on February 9. Majority of … [Continue reading]
Bitcoin on-chain metrics show compelling signs of accumulation and continuation of BTC price rally
Bitcoin price sustained above the $23,000 level despite macroeconomic headwinds and profit-taking by traders. BTC price held steady above the $23,000 level breaking above the cost basis of its three key holder cohorts. From the on-chain … [Continue reading]
Alt season to propel Shiba Inu price next, here’s what SHIB holders can expect
Shiba Inu price has yielded 10% gains for holders since February 3 and broader crypto market downtrend after US Nonfarm Payrolls data release. The Dogecoin-killer’s long-term holders refuse to shed their SHIB holdings while short-term holders … [Continue reading]
AVAX price would be able to reclaim its six-month-old losses only if it can breach this level
AVAX's price is currently right at the cusp of breaching its immediate resistance at $21.47. If the altcoin flips $22.95 into a support floor, it could be able to rally on toward $25.94 and chart a 21% rally. Should the market lose its strength, AVAX … [Continue reading]
FTX founder Sam Bankman-Fried’s Emergent Fidelity files for bankruptcy, Robinhood shares fall into limbo
FTX bankruptcy proceedings will not include the $550 million worth of Robinhood shares, which remain seized by the Department of Justice. Emergent Fidelity only has about $20.7 million in cash at the moment, with no other assets. FTT price has been … [Continue reading]
Top 3 Price Prediction Bitcoin, Ethereum, Ripple: A conservative take on a bullish market
Bitcoin price remains in an uptrend but faces shorter resistance near $25,000. Ethereum price shows promise after tagging $1,700 earlier in the week. Xrp price still shows potential for a spike tour 0.44 in the short term. The crypto market has seen … [Continue reading]
Cardano Price Prediction: ADA bulls prep for a monsoon upswing
Cardano price reaches a new high within the uptrend at $0.4125 . ADA shows a 1-2-1-2 pattern which could prompt a much larger rally. Invalidation of the bullish idea could occur from a breach below $0.36. Cardano price continues to display bullish … [Continue reading]
US: Despite the rebound, the breadth of services expansion has still slowed – Wells Fargo
The ISM Service PMI released on Friday showed the index rose back above 50, into expansion territory. Analysts at Wells Fargo, point out that after just a single month under 50, the services ISM shot back up into expansion. However, they warn the … [Continue reading]
US Dollar to weaken this year, with periods of volatility and bouts of strength – MUFG
The US Dollar Index (DXY) weakened further in January after a sharp sell-off in Q4 last year. Economists at MUFG Bank see a weaker USD but do not expect a linear straight-line weakening trend. Weaker USD as Fed hiking work nearly complete “The … [Continue reading]