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Crypto Markets Witness Downturn: Ethereum and Altcoins Experience Declines
The crypto market is experiencing a downturn, reports from Colin Wu suggest. Ethereum showed a decline of over 4% at press time. Total market liquidation…
BlackRock Warns Classifying Bitcoin as ‘Security’ Would Negatively Affect Its Value
BlackRock warned that classifying Bitcoin as a security would affect its trading value and ETF shares. The firm cautioned that an enforcement action would negatively…
5,000 SPVs Established in Abu Dhabi by Wealthy Individuals in 2023
Notable high-net-worth individuals, including Changpeng Zhao, are choosing Abu Dhabi's international financial center to establish SPVs. Bloomberg reports a remarkable surge in the number of…
DOT Overtakes LINK and MATIC, but Technicals Warn of a Correction
DOT was able to overtake both MATIC and LINK to become the twelfth-largest cryptocurrency by market cap. DOT was changing hands at $6.86 after its…
LINK, ADA, Nosedive, as Market Liquidation Runs Into Millions
ADA and LINK followed Bitcoin’s crash, losing 6.39% and 8.13% of their values, respectively. LINK’s $15.09 support had been breached but a buying opportunity could…
Analyst Projects Cardano (ADA) Surging 1,478% to $10: Details
An analyst expressed bullish sentiment about ADA, projecting it to be on a path of $10. He reminisced about the last bull run when Cardano…
XRP Lawyer Slams Former SEC Chair: A New Development in XRP Lawsuit
John Deaton criticizes former SEC Chair Jay Clayton for his stance against XRP programmatic sales ruling. While Clayton pointed out the case’s similarities with some…
Crypto Analyst Spots Pre-2021 Rally Setup On The Bitcoin Chart
Charles Shrem has observed that crypto is at a similar level to 2020 chat before XRP surged about 180%. Shrem showed a correlation between Bitcoin,…
Tether Introduces New Initiative To Promote Stablecoin Adoption
Martin Folb believes Tether’s new initiative would benefit the stablecoin ecosystem. On December 9, Tether announced an initiative to safeguard the cryptocurrency ecosystem. Tether’s new…
Abu Dhabi License Withdrawal Unrelated to Binance Exchange, Team Says
Binance has clarified the misconception regarding its license withdrawal from Abu Dhabi. Binance Labs Fund stated the move had no relationship with the Binance exchange.…
