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The recent Bitcoin rally has driven Coinbase to the ninth spot in global app rankings, followed by Robinhood at 13.
This surge in popularity marks a resurgence of retail interest, as Coinbase was ranked 435 the night before the US elections.
Retail Interest Revives: Coinbase Climbs to Ninth Globally in App Store
Coinbase’s rapid rise reflects retail investors returning to the crypto...
The crypto market will witness $3.98 billion in Bitcoin (BTC) and Ethereum (ETH) options contracts expire today. This massive expiration could impact short-term price action, especially as both assets have recently declined.
With Bitcoin options valued at $3.4 billion and Ethereum at $581.57 million, traders are bracing for potential volatility.
High-Stakes Crypto Options Expirations: What...
Cardano (ADA) price has experienced a significant rally recently, pushing its altcoin to a seven-month high.
However, maintaining these gains could prove challenging as market conditions hint at a potential shift in investor sentiment.
Cardano Investors Pose a Threat
In the past two weeks, short-term investors have dominated Cardano’s market activity. These holders, typically keeping...
In a letter dated November 13, the Digital Chamber of Commerce formally requested the US government to allow federal employees to own cryptocurrency.
In 2022, the American government barred its employees from acquiring crypto due to fears surrounding potential conflicts of interest.
Conflicts of Interest Restrict Federal Employees’ Access
Under Biden’s administration, the US government...
Chris Williams, CEO of OpSec, a purported AI Cloud Security platform, announced that he and “the entire core team” resigned. Williams cited a recent investigation from ZachXBT, who claimed that OpSec was fraudulent.
One user, Zopp0, simultaneously owned OpSec and several other projects and withheld critical information and even payment from Williams’ team.
ZachXBT’s OpSec Investigation...
A new lawsuit signed by 18 Republican Attorneys General accuses the SEC of unfair practices in prior crypto crackdowns. The suit names the SEC and all five of its Commissioners.
However, two of these Commissioners are Trump appointees, and one is even a vocal crypto proponent, complicating the issue.
New Suit Against the SEC
In a remarkable development discovered by journalist Eleanor...
Uniswap (UNI) price has struggled recently, dropping almost 5% in the last 24 hours and down 5.24% over the past week, despite Bitcoin’s recent surge. The recent decline highlights the weakness in UNI’s momentum, with technical indicators suggesting a cautious outlook.
Although EMA lines still show a bullish structure, the price slipping below short-term EMAs signals fading buying pressure. A...
FET price has been underperforming compared to its closest competitors over the past week, down more than 8%. Despite being the second-largest AI cryptocurrency by market cap, it has struggled to keep pace with other major players in the sector.
While its competitors have seen impressive gains, FET has lagged behind, raising concerns about its ability to maintain its position. This recent...
The Royal Government of Bhutan recently sold 367 Bitcoin, valued at approximately $33.5 million, via Binance.
Data from Arkham Intelligence shows the transaction occurred on Thursday morning when Bitcoin’s price exceeded $90,000. Since then, Bitcoin has dropped over 3% to $87,000.
Bhutan Is Still the First-largest Government Bitcoin Holder
This sale follows a $66 million Bitcoin...
Republican Senator Cynthia Lummis of Wyoming plans to introduce legislation to increase the government’s Bitcoin holdings by selling a portion of the Federal Reserve’s gold.
This move aligns with former President Donald Trump’s reported interest in establishing a strategic Bitcoin reserve.
The New Government Is Already Moving Towards a Bitcoin Reserve
According to Bloomberg reports,...