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Reports suggest that Gary Gensler, Chair of the US Securities and Exchange Commission (SEC), may step down before Donald Trump assumes office in January. Speculation around Gensler’s resignation follows growing backlash from the crypto community against his leadership at the regulatory agency. Gensler Could Resign SEC Role Before January On November 15, Fox Business reporter Eleanor...
The Bitcoin (BTC) Network Value to Transaction (NVT) golden cross suggests that the cryptocurrency’s recent surge past $93,000 might not mark the peak of this cycle. BeInCrypto observed this after analyzing the current state of the metric. At press time, BTC trades at  $90,893. Here is why this slight drawdown may not last: instead, Bitcoin’s price could rally well above its all-time high....
The United States Securities and Exchange Commission (SEC) has approved listing the eco-conscious 7RCC Bitcoin ETF on the NYSE Arca exchange. This milestone aligns with recent progress from the Commodity Futures Trading Commission (CFTC), which cleared the spot Bitcoin options trading path. Bitcoin ETFs Gain Traction as Regulators Clear Significant Hurdles On November 15, the SEC...
Cardano (ADA) rally may be poised to continue following its impressive 65% price surge over the past week. This outlook stems from its historical performance and anticipated investor behavior. Currently trading at $0.72 — its highest level since March — ADA could see further gains. This on-chain analysis reveals why this might happen, even though some analysts have called for a significant...
In a recent interview with Fox Business, Ripple CEO Brad Garlinghouse praised Trump’s potential impact on crypto. Specifically, he claimed that US assets like XRP have been surging since the election, and the future of friendly regulation holds massive investor potential. Garlinghouse also stated that the US crypto industry has unlocked $800 billion in value gains and business opportunities...
The second week of November 2024 was an eventful one for the crypto market, such that many altcoins in the top 100 registered notable gains. However, out of these lots, BeInCrypto observed that the top altcoin gainers all fell into the meme coin category. For some market observers, that may not be surprising as meme coins seem to have led gains on a number of occasions this cycle. That said,...
Ripple’s (XRP) price has shattered a nearly three-year-long barrier, climbing to $1 for the first time since November 2021. The milestone comes amid renewed optimism in the cryptocurrency market, fueled by bullish sentiment following rising interest and demand for the token.  With trading volumes spiking and investor confidence rebounding, the question now is whether XRP can sustain this...
An Ohio resident, Larry Harmon, received a three-year prison sentence for operating Helix, a darknet mixer. Over the course of his operation, Harmon oversaw $300 million in laundered assets, with most of the funds coming from or going to darknet drug markets. Helix Mixer Operator Larry Harmon Sentenced to 3 Years Harmon pleaded guilty in 2021 to operating a cryptocurrency mixing platform...
Mantra (OM) price has been on a strong upward trajectory, recently reaching a new all-time high and gaining nearly 20% over the past week. This surge has been supported by strengthening technical indicators, showcasing strong momentum and a clear uptrend. The combination of bullish EMA alignment and favorable metrics like ADX and Ichimoku Cloud suggests the rally may extend further, with the...
Goatseus Maximus (GOAT) price recently reached a new all-time high. The recent price action has been accompanied by strong technical indicators, suggesting an ongoing bullish trend. However, some signs hint that this rally could be nearing its limit. As the analysis continues, the potential for both continued gains and the risk of a correction in the near future will be explored. GOAT...