Bitcoin Cash (BCH) Records Surprising 15% Rally – What’s Behind It?
Bitcoin Cash (BCH) and several prominent altcoins are experiencing an upward trajectory in their trading prices, attributed to a recent report indicating a favorable ruling by the US federal appeals court. The court’s decision suggests that the US Securities and Exchange Commission (SEC) erred in its rejection of Grayscale’s application for a spot bitcoin exchange-traded fund (ETF). This development has once again underscored the impact of positive regulatory news on the sentiment and valuation of the cryptocurrency market. Related Reading: Crypto Currents: Can Whale....
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Shiba Inu (SHIB) enthusiasts are keeping a watchful eye on the coin’s price movements as it inches closer to a crucial juncture in the last day of August. The latest indications from the market suggest that a potential breakout opportunity might be on the horizon, hinting at an imminent directional shift. The ongoing consolidation phase is taking the form of a symmetrical triangle pattern. This pattern, marked by two converging trendlines, signifies a period of uncertainty in the market, often followed by a notable price movement. Related Reading: Bitcoin Cash (BCH) Records....
“You know what my fucking bank did to me?” Bill Burr, well-known comedian, says in a recent podcast. “I walked in. I had this account in New York, a little checking account. Had a little bit of money in it. All the sudden I notice they’re taking some fees out. That shouldn’t be. I get to New York, talk to the douchebag who works there.” Mr. Burr learns what’s been going on. “Yeah, they’re taking $27 a month out. Here, let me check to see what’s up. Yeah, we shouldn’t be doing this.” So Mr. Burr asks to see how long this has gone on. “Sorry, our records only go back for four months, because....
Cardano (ADA) enthusiasts are eagerly watching the charts as the cryptocurrency’s price forms a distinctive triangle pattern, suggesting an imminent breakout that could mark a significant shift in its trajectory. This technical formation occurs when the price fluctuations of an asset are confined within converging trendlines, creating a triangle-like shape on the chart. Traders interpret this pattern as a period of consolidation, often preceding a substantial price movement. As Cardano’s price coils within the confines of the triangle pattern, traders are bracing for a....
What’s the story around Tornado Cash? The U.S. Department of the Treasury made its case in a press release, but the question still lingers. Because, as many people have pointed out, Tornado Cash is not an institution, but a smart contract in the Ethereum blockchain. And according to US law, code is supposed to be […]
Lido DAO (LDO), the driving force behind the revolutionary liquid staking protocol for Ethereum (ETH), has displayed an impressive 7.41% ascent in its Total Value Locked (TVL) over the course of the last seven days. This robust surge in TVL has positioned Lido Finance as a prominent contender in the decentralized finance (DeFi) landscape, illustrating its resilience amidst a fluctuating market. According to the latest data from DeFiLlama, Lido Finance’s TVL witnessed a notable augmentation, securing its place as the most substantial growth among the top five DeFi protocols. This....