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For many years, the U.S. Securities and Exchange Commission I was in a loggerhead sea turtle The cryptocurrency industry, especially regarding the security situation of some cryptocurrencies. Ripple CEO Brad Garlinghouse recently had some strong opinions on the issue that he wasn't afraid to share. Garlinghouse said in an interview that the SEC's approach to classifying both XRP and ETH as securities is “grossly flawed.” Garlinghouse: XRP and ETH are clearly not securities Garlinghouse's position on the issue was first revealed in a social media post by Fox Business journalist Eleanor Terret. His comments were made during a fireside chat…

As of this Sunday afternoon, the price of Bitcoin is BTCUSD is trading in slightly negative territory, with a price tag of $63,700. However, we can say that over the past week, the price of the major cryptocurrencies has increased by almost 1%.Digging deeper into the BTC price chart, we see that Bitcoin has gained 14.3% from this week's low of $56,552 to its high of $64,734. This is a pretty solid result for someone with a market capitalization of over $1.25 trillion. BTC vs USD by CoinMarketCapIn the midst of these market movements, prominent cryptocurrency advocate Michael Saylor made…

Alex Dovnya Meme coins are among the biggest laggards in the past 24 hours Read U.TODAY google news According to CoinGecko, some of the leading meme coins are seeing declining profits and struggling to maintain momentum. data.At the time of this writing, Dogecoin (DOGE) is the only major cryptocurrency in the red, gaining more than 1.5% in the past 24 hours.Shiba Inu (SHIB) is also in the red, down 3% in the past 24 hours.Solana-based startup Dogwifat is down more than 3% despite previously posting double-digit profits.Bonk, another Solana-based cryptocurrency, performed the worst among the major altcoins, dropping more than…

Cryptocurrency Price Prediction: The cryptocurrency market experienced significant volatility this week, with Bitcoin exhibiting dramatic price fluctuations from a high of $67,441 to a low of $56,500. Despite the drop at the beginning of the week, a resurgence in demand has pushed BTC price up to $63,700, with the market fear and greed index recovering to 69% (bullish)Amid such volatile markets, the memecoin sector often emerges as one of the most rapidly changing asset classes. While the overall market is still hoping for confirmation of a post-halving rally, meme coins such as Dogecoin (DOGE), Dogwifat (WIF), and BONK offer attractive…

14:10 ▪ 3 Minimum read time ▪ up to Fenelon L. Despite the crypto market downturn, the Ethereum network saw a record influx of new users at the end of April. This new momentum has reignited hope, but the impact of the “whale” has also raised questions. Rush to Ethereum According to blockchain analysis specialist Santiment, 266,600 new Ethereum wallets were created on April 28th and 29th, a record since October 2022. This surge stands in contrast to the overall gloom in the cryptocurrency market. Several factors explain this new interest. Looking forward to future network updates aimed at improving…

Popular analyst Michael van de Poppe believes that cryptocurrencies are gearing up for a market-wide rally amid signs of a slowdown in economic activity. Van de Poppe told his 716,300 followers on social media platform X that he is bullish on cryptocurrencies after the US labor market fell short of expectations in April. Analysts said this as the unemployment rate rose to 3.9% and average hourly wage growth was slower than expected. believe The Fed will be forced to run the money printing presses to support the job market. “Risk-on assets will rise as DXY (USD index) falls and the…

wave of cold treatmentRemember the adage “buy the rumor, sell the news”? Well, it seems that cryptocurrencies are on the verge of “selling reality”. Ether (ETH), the second-largest cryptocurrency by market capitalization, experienced a downturn as two highly touted events turned out to be more lukewarm than politicians' half-hearted climate change pledges. ing.Weak applause for Hong Kong ETFsFirst, our friends in Hong Kong have announced some new crypto ETFs, for those of you who didn't spend your high school years lurking in financial forums instead of going on dates (like you, actually). I'm toying with exchange-traded funds. The world has…

13:00 ▪ 3 Minimum read time ▪ up to Eddie S. Dogecoin (DOGE), this humorous cryptocurrency has managed to take center stage. In fact, data shows that DOGE is experiencing an unprecedented surge in network activity. Even better, this excitement was accompanied by a dramatic increase in price, which soared 13% in just 24 hours. An unprecedented explosion of cryptocurrency activity! The excitement surrounding Dogecoin over the past few days is simply breathtaking. According to the figures revealed, no fewer than 28,000 new addresses were created on May 2nd, a staggering 102% increase compared to the monthly low recorded a…

Last week, Bitcoin showed great resilience, recovering above the $60,000 zone after a significant drop below the $57,000 price zone. Top analyst and market expert Peter Brandt predicts that BTC will reach a certain six-digit value by 2025, as Bitcoin bulls gain momentum to start a bull market for the cryptocurrency. I support it. Brandt says there is no other market like Bitcoin. In a blog post on May 3, Peter Brandt shared his insights about Bitcoin to commemorate 50 years in the field of future market trading. The veteran analyst described his experience with the maiden cryptocurrency as “a…

12:30 ▪ 3 Minimum read time ▪ up to Fenelon L. Despite the recent drop in Bitcoin prices, crypto whales took advantage of this opportunity to accumulate large amounts of BTC. This rush by large investors could signal the beginning of a new era for the queen of cryptocurrencies. Massive accumulation of Bitcoin by whales In the past 24 hours, Bitcoin whale addresses (defined as wallets holding at least 100 BTC) added more than 47,000 BTC to their holdings, according to CryptoQuant CEO Ki Yong-joo. It is said to be worth $2.9 billion at current prices. This notable accumulation does…