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Axios reports that Sen. Ted Cruz, a Republican from Texas, plans to wield the Congressional Review Act (CRA) next week to challenge a tax regulation that infringes on the rights of cryptocurrency brokers. This move is seen not just as a procedural tactic but as a principled stand against the expanding reach of governmental authority … Read more
In a latest development, the SEC has filed a lawsuit against Digital Currency Group (DCG) for allegedly misleading investors by failing to disclose its exposure to the collapsed hedge fund Three Arrows Capital (3AC). DCG Settles SEC Lawsuit for $38 Million As per the lawsuit filing, DCG has already submitted an Offer of Settlement as … Read more
A confluence of technical and on-chain indicators suggests Ethereum (ETH) could hit a new all-time high (ATH) in the next month or two. Supporting this outlook is Pectra, a developmental upgrade for ETH’s blockchain and macroeconomic factors such as Trump’s inauguration. Here’s a breakdown of the key elements and how they could fuel this potential … Read more
Este artículo también está disponible en español. Solana (SOL) has made a remarkable recovery following Monday’s unexpected flash crash, surging by more than 28% in less than five days. This impressive rebound has sparked renewed optimism among investors, who are now eyeing the potential for a bullish continuation in the weeks ahead. The rapid price … Read more
Why you should trust us? Our predictions are regularly reviewed and updated to ensure accuracy and relevance in the fast-paced crypto market. While we strive for precision, we always emphasize that cryptocurrency investments carry inherent risks. At BlockchainReporter.net, our diverse team of crypto experts is our greatest strength. With seasoned traders analyzing market trends, data … Read more
Swiss state-owned bank Post Finance AG has expanded its digital-asset offering by introducing staking for ethereum (ETH), allowing holders to earn passive income. The bank plans to add staking for other tokens soon. Post Finance, which started trading and custody services for cryptocurrencies nearly a year ago, is the first systemically important bank to offer … Read more
With shifting market dynamics, Bitcoin has moved into positive territory as prices sights key resistance levels. However, due to the volatile nature of crypto assets, the flagship asset’s recent uptrend might experience a brief drawback before resuming its upward direction. Support Areas For Bitcoin Amid Potential Trend Reversal Cryptocurrency assets are known for their sudden … Read more
A ripple in the Ripple ecosystem caught attention this week as Ripple USD (RLUSD) temporarily broke its 1:1 peg with the U.S. dollar. The stablecoin, designed to maintain a consistent value, experienced an unexpected surge, briefly trading at $1.04 – a 4% increase that raised eyebrows across the XRP community. The event did not go unnoticed, even … Read more
As the time approaches President-elect Donald Trump’s inauguration, the sentiment seems to be shifting completely towards the bullish side. Amid this market recovery, ADA, the native token of the Cardano blockchain, has broken out from a bullish price action pattern and is poised for massive upside momentum. ADA Technical Analysis and Upcoming Level According to … Read more