An observer suggests that the revitalized profitability of short-term holders serves as a promising indication for the near-future price dynamics.
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A technical analysis indicator named Bollinger bandwidth indicates that the tranquil period of Dogecoin may come to an abrupt conclusion, with a significant movement expected in either direction.7
CoinDesk's recent article sheds light on the escalating politicization of cryptocurrency matters, as exemplified by the contentious battle over a bitcoin mining facility in Upstate New York10
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Hong Kong Securities Regulator to Commence Accepting Crypto Exchange License Applications from June 1st
The SFC's guidelines explicitly forbid the distribution of crypto 'gifts' intended to encourage retail investments, which may encompass airdrops. Additionally, the guidelines state that stablecoins should not be allowed for retail trading until they undergo regulatory oversight.15
On Monday, meme coin traders enthusiastically invested in various pizza-related tokens, but the anniversary of the first bitcoin purchase was overshadowed by rug pulls that dampened the mood.23
The bank anticipates a continued lack of activity in digital asset trading, as retail investors choose to stay out of the market.24
Data from CryptoSlam, a platform tracking cryptocurrency statistics, reveals that NFTs built on the Bitcoin network have generated an impressive $167 million in the last month, rapidly approaching Ethereum's leading position.10
The project additionally introduced its new PLEX client, designed to alleviate the demands of computationally intensive tasks involving scientific data.20