Actor Ben McKenzie says crypto is like a ‘Ponzi scheme’
McKenzie says cryptocurrencies resemble an MLM scheme. He calls for the need to better regulate and license this market. Bitcoin is currently up a whopping 80% versus the start of 2023. An 80% year-to-date rally in Bitcoin is not enough to substantiate the legitimacy of cryptocurrencies for actor Ben McKenzie. McKenzie dubs crypto an MLM […]
United States SEC officially accepts Valkyrie Spot Bitcoin ETF application
The US SEC has been receiving Bitcoin ETF resubmissions after it rejected previous applications for inadequacy. Valkyrie Bitcoin Fund was the last company to submit a Bitcoin ETF application to the SEC. The SEC has accepted several other BTC ETFs after the respective companies amended and resubmitted. The US Securities and Exchange Commission (SEC) has […]
Why is Ethereum outperforming Bitcoin since the Merge?
Key Takeaways Ever since the Merge went live in September, Ether has underperformed Bitcoin significantly This is despite the supply of Ethereum falling post-Merge More Ether is also being staked since the Shapella upgrade in April Demand has fallen with regard to Bitcoin, however, overriding the lower supply Regulatory crackdown and greater institutional interest in […]
bitgert brise Token is trending find out why
Bitgert Celebrates 2nd Anniversary with Token Listing on 10 Major Exchanges As Bitgert commemorates its 2nd anniversary, the festivities are twofold. Not only is the company celebrating its growth over the past two years, but it is also marking this milestone with the listing of its native token, BRISE, on 10 major cryptocurrency exchanges. Bitgert […]
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Celsius moves $59M MATIC, LINK, other altcoins to exchange
Celsius has moved over $59 million of altcoins to FalconX ahead of possible liquidation. The crypto lender plans to convert the tokens to BTC or ETH. Celsius’s largest altcoin holding is its native CEL token, currently worth over $106 million. Celsius Network moved millions of dollars’ worth of altcoins on Monday, among them Polygon (MATIC), Chainlink (LINK) […]
BTC hovers at $30k amid lowest historical volatility for 2023
BTC price is near the $30k mark, which bulls may be desperate to protect. Bitcoin’s historical volatility is at its lowest level in 2023. Short-term bullish target could be above $34k, while major support is near $28.2k. Bitcoin’s price remains above $30,000 on Monday, but is seeing “remarkably little volatility.” According to a key technical […]
Ripple secures a ‘huge win’ as Judge rules XRP is ‘not’ a security
Judge Analisa Torres rules XRP token is a not a security. Coinbase will resume trading in XRP in the next few minutes. XRP nearly doubled in value following the ruling today. “XRP” – the native token of Ripple Labs nearly doubled in value on Thursday after the crypto company secured a “huge win” against the […]
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Helium surges as Bitcoin and Ethereum hover at key levels
Helium rose double digits as did 1inch and NEM after US inflation data Bitcoin price on the other hand touched $31k on Coinbase and Ethereum hovered near $1.9k. Consumer prices rose 0.2% month-over-month and 3% year-over-year in June. Bitcoin moved slightly higher on Wednesday after stock markets reacted positively to the latest US inflation data. […]