The Ethereum price action continues to stir controversy as market sentiment remains deeply bearish. Notably, a crypto analyst has predicted what they call “the most hated rally in crypto”, suggesting that ETH could defy expectations and surge higher, triggering intense skepticism from traders and investors. Ethereum Price Surge To Spark Controversy Using the Elliott Wave Theory as the basis for his Ethereum price prediction, X (formerly Twitter) crypto analyst Decode predicts a possible price reversal in the top altcoin. The […]
All eyes are on the Federal Open Market Committee (FOMC) meeting tomorrow, March 19, with a rate decision that many analysts believe could set the tone for global risk assets, including Bitcoin (BTC), for the months ahead. Markets are pricing in a 99% probability that the Federal Reserve will keep its benchmark interest rate unchanged, but the real driver of volatility could be the central bank’s updated Dot Plot—a key measure of policymakers’ rate projections. What Bitcoin Investors Need To […]
A well-known American economist suggested a relationship between gold, NASDAQ and Bitcoin, saying that a decline in NASDAQ usually leads to a decrease in Bitcoin. Peter Schiff explained in a post the correlation between the state of Bitcoin and the market situation of NASDAQ, adding that there is a negative relationship between gold and NASDAQ. NASDAQ-Bitcoin Connection Schiff, a renowned Bitcoin skeptic, told his followers on X that the bearish condition of the financial market might influence the price movement […]
Microsoft has identified a new remote access trojan (RAT) designed to steal cryptocurrency from users by targeting digital wallet extensions on Google Chrome. The malware, dubbed StilachiRAT, has been under investigation since November 2024, and security experts warn it poses a significant threat to crypto holders. How StilachiRAT Operates According to Microsoft’s Incident Response Team, StilachiRAT is capable of extracting credentials stored in the browser, scanning devices for crypto wallet extensions, and intercepting sensitive information such as private keys and […]
Data shows Bitcoin has recently seen an increase in futures trading volume, breaking away from the likes of Ethereum (ETH) and Solana (SOL). Bitcoin Futures Volume Has Rebounded Recently In a new post on X, the on-chain analytics firm Glassnode has talked the latest trend in the futures trading volume for Bitcoin and two other top cryptocurrencies. The “futures trading volume” here refers to an indicator that keeps track of the total amount of a given cryptocurrency that’s becoming involved […]
The US Securities and Exchange Commission (SEC) acting chair revealed that the agency is reviewing its rulemaking process and will revisit a controversial rule on crypto custody requirements for investment advisers proposed during the Biden administration. Crypto Custody Rule Proposal Could Be Abandoned At the Investment Company Institute’s 2025 Investment Management Conference, SEC’s acting chair, Mark Uyeda, discussed the regulatory agency’s new approach to rulemaking. During the Monday conference, he affirmed that the Commission’s blueprint must prioritize “effective and cost-efficient […]
On-chain data shows the Ethereum MVRV Ratio has seen a notable decline recently. Here’s what this could mean for the price, according to history. Ethereum MVRV Ratio Has Fallen To A Relatively Low Level Recently In a new post on X, the market intelligence platform IntoTheBlock has discussed about the latest trend in the Market Value to Realized Value (MVRV) Ratio of Ethereum. The MVRV Ratio refers to an on-chain metric that measures the ratio between the market cap and […]
Despite once being a disbeliever in new cryptocurrency, the State Senator for Minnesota, Jeremy Miller, has had a change of heart and introduced the ‘Minnesota Bitcoin Act’ yesterday – perhaps over fears of being left behind. ‘As I do more research on cryptocurrency and hear from more and more constituents, I’ve gone from being highly skeptical to learning more about it to believing in Bitcoin and other cryptocurrencies,’ commented Senator Miller. The strategic Bitcoin reserve’s (SBR’s) ultimate aim is to […]
It was after clawing back “six figures” from a decentralized finance (DeFi) scam project in 2021 that New York-based attorney and Navy veteran Max Burwick realized he could take on crypto’s biggest grifters and win. “It changed the way I looked at everything,” Burwick tells Magazine. He’s currently suing Solana-based memecoin factory Pump.fun and the creators of the Hawk Tuah (HAWK) token, among many others. “Two things happened to me at that moment that were critical. One was I understood […]
The United States Securities and Exchange Commission is rapidly shifting its stance on cryptocurrency, dropping cases and investigations against major companies like Coinbase, OpenSea, Uniswap and Robinhood, among others. President Donald Trump has further cemented the legitimacy of the industry with his announcements about a strategic Bitcoin and/or crypto reserve. While the industry is celebrating these developments, there are plenty of unresolved questions. Does the SEC dropping its investigations into OpenSea and YugaLabs really mean that NFTs are not securities? […]