Crypto Market Sees Strong Growth, Bitcoin and Ethereum Lead the Way
Samuel Bankman-Fried, the founder of the cryptocurrency exchange FTX, has pleaded guilty to bribery and fraud charges. According to the indictment, BaThe price of Bitcoin has fallen below $53,000, with Ethereum supporting the market. Despite the decline, Ethereum's relative strength index (RSI) remaFTX, one of the largest cryptocurrency exchanges, has halted its US trading operations, citing market volatility and liquidity issues. The move comesEl Salvador has taken a pioneering step in embracing bitcoin as a means of promoting inclusive finance in the country. The country's President, NayibBinance.US, the US-based arm of the world's largest cryptocurrency exchange, has rebranded as Bifinity, sparking concerns about regulatory compliance.Coinbase's recent recovery from bankruptcy has highlighted the importance of decentralized exchanges (DEXs) in the cryptocurrency market. While Coinba
Crypto Market Sees Red as Altcoins Plummet
The Federal Reserve has no plans to raise interest rates in the near future, despite concerns about inflation, according to Chairman Jerome Powell. InThe price of Bitcoin (BTC) fell below $10,500 on Tuesday, as traders awaited the Federal Reserve's decision on interest rates. The cryptocurrency markIn a recent statement, Multichain's CEO Zhaojun addressed the ongoing controversy surrounding the project's regulatory compliance and the recent suspe
Former MLB legend David Ortiz has joined FTX as an ambassador, solidifying his status as the "Crypto Papi." The move comes as FTX continues to make waHorizen, a cryptocurrency that claims to prioritize user privacy, is facing scrutiny from regulators and investors due to concerns about its anti-moneEthereum's recent transition to a proof-of-stake (PoS) consensus mechanism has led to a significant decrease in inflation, with the network's annualiz
In a surprise move, Binance has halted deposits of Tether's USDT token, citing industry concerns. OKX, another major exchange, has also delisted USDC,Despite a brief pullback to $43,900, Bitcoin (BTC) has continued its upward momentum, extending gains above $45,000. The cryptocurrency has been tradiFTX's Bitcoin price has plunged to $18,500, down 10% in the past 24 hours, as contagion fears grip crypto markets. The move follows a report that theCrypto markets have experienced a significant rally, with Solana's SOL token leading the charge, surging 19% in the past 24 hours. The gains come as t