As Bitcoin’s price fluctuates amidst a tumultuous market, sentiment has dipped into “fearful” territory, urging cautious optimism as it remains above key support levels. Despite the pervasive bearish sentiment, Bitcoin continues to show resilience, managing to hold above the crucial $92k support, a positive sign for traders and investors alike. According to insights from COINOTAG, … Read more
Montana has passed a Bitcoin reserve bill at the subcommittee level, making it the fourth US state to advance a related bill to the House.
Ethereum faces challenges maintaining its upward momentum, currently resting around the $3,000 mark after a significant drop of 18% over the past month. Despite recent fluctuations, key indicators suggest a notable level of market indecision, with the RSI remaining neutral at 54.8 for 16 consecutive days. As noted by COINOTAG, “Ethereum’s price action indicates a … Read more
Blockspace for Humans (PBH) has launched Priority Blockspace for Humans (PBH) on the World Chain Sepolia testnet. This initiative aims to address the escalating issue of automated bots and high-frequency traders dominating blockchain transactions, often to the detriment of regular users. The Rising Threat of Automated Exploits The blockchain ecosystem has witnessed a surge in … Read more
A bold new theory suggests Jack Dorsey may be Satoshi Nakamoto, citing cryptographic ties, uncanny coincidences, and a trail of digital breadcrumbs hidden in plain sight. Satoshi Nakamoto’s True Identity? A Bold New Theory Points to Jack Dorsey as Bitcoin’s Creator Matthew Sigel, head of digital assets research at asset management firm Vaneck, stirred debate … Read more
Dave Portnoy has been accused of orchestrating over 15 pump-and-dump schemes He earned around $258,000 on the GREED meme coin before it crashed Portnoy received a $5 million refund from the $LIBRA team, a gesture not extended to others Dave Portnoy, founder of Barstool Sports, is facing scrutiny for his involvement in multiple meme coin … Read more
Federal Reserve Bank of Chicago President Austan Goolsbee said late Wednesday that inflation has fallen but it is still too high. Key quotes Inflation has decreased but it is still excessive. Once inflation falls, rates can fall more. Market reaction At the time of writing, the US Dollar Index (DXY) is trading 0.13% lower on the day … Read more
Charles d’Haussy, CEO of the dYdX Foundation, predicts the DeFi will start to boom in September and will have more entry points for new users than ever.
The SEC’s recent strategy of delaying key crypto lawsuits indicates a significant shift in its enforcement approach, particularly in high-profile cases. The legal landscape surrounding cryptocurrencies is increasingly uncertain as internal changes within the SEC may lead to strategic shifts in ongoing litigation. According to a recent statement by industry expert Eleanor Terrett, “The SEC … Read more
Coinbase is pushing Congress to pass legislation that provides regulatory clarity for the cryptocurrency industry, arguing that inaction leaves consumers vulnerable and drives innovation overseas. In a two-page statement, Coinbase Chief Policy Officer Faryar Shirzad emphasized the urgent need for a framework that fosters responsible innovation while protecting investors. Shirzad highlighted that blockchain technology and … Read more