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Bitcoin (BTC) shrank back from resistance after the Nov. 29 Wall Street open as United States GDP figures beat expectations.BTC/USD 1-hour chart. Source: TradingViewGDP sets tone for macro-sensitive cryptoData from Cointelegraph Markets Pro and TradingView followed a familiar BTC price retracement on short timeframes.Bitcoin bulls had managed to propel the
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Legal experts, including Ripple lawyer John E. Deaton, share Armstrong’s optimism, speculating that Coinbase will be a significant beneficiary of Binance’s regulatory challenges. Recent developments have thrust Coinbase Global Inc (NASDAQ: COIN) into the spotlight, positioning it as the frontrunner following regulatory challenges faced by its main rival, Binance. The collapse of
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SOL's price jump could prove to be a win for the many creditors of FTX. The asset is now trading in a range that will make customers of the crypto exchange whole, according to Thomas Braziel, the CEO of 117 Partners, a company that closely follows the distressed asset markets.
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Asian and European stock markets faced sharp declines on Friday, with China spearheading the downturn as its September Consumer Price Index (CPI) showed no growth. Markets pundits say weak economic indicators from China could cause concern for the global economy.European stocks also traded lower on Friday due to problems stemming
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Aside from the popular Apple and Samsung brands, Huawei is probably one of the few other companies that has designed its smartphone processor. Another threat may just have added to the number of issues that Apple Inc (NASDAQ: APPL) currently faces in China. Despite the pertinent geopolitical and economic threats to
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Growing operational costs, lack of trust, and legal scrutiny mark massive losses for crypto market makers. The once lucrative crypto market making sector is navigating choppy waters, with soaring operational costs and a $2 trillion market slump.
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According to a report by CCData, a digital assets data provider, crypto trading volumes on centralized exchanges in July fell to their
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Bitcoin was recently outperforming Ether, the second largest crypto in market value, and other major altcoins by market capitalization. ETH was changing hands at $1,853, down 0.5% from Sunday, same time. SOL, TRX and MATIC, the tokens of smart contract platforms, Solana, Tron and Polygon, were recently off 1.8%, 2.3%
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Berenberg Capital analysts opine that Coinbase still faces significant regulatory challenges in the United States despite Ripple’s recent legal victory. They argue that Coinbase’s suspending its staking service in four states could send negative signals to regulators,
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XRP ruled not a security, triggering a market-wide rally. Binance faces regulatory pressure with layoffs and legal disputes. Spot bitcoin ETFs gain recognition from SEC. Read these and other news in our weekly recap. In a groundbreaking ruling, Ripple emerged victorious in their SEC lawsuit as the judge declared that XRP
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