The crypto market bleeding has slowed during Monday trading as the digital token king and leader in terms of trading volume, Bitcoin stabilizes around $30,000 USD.
Since 2020, cryptocurrency has experienced an unprecedented rise in value and mainstream adoption. However, while this was to be expected from celebrated tokens like Ethereum and Bitcoin, it was not expected to be the case for meme coins like Dogecoin (DOGE). Contrary to what its critics have said, though, Dogecoin has continued to reap the benefits of the crypto boom.
According to the most recent data from Glassnode, the blockchain data and intelligence provider that generates innovative on-chain metrics and tools for digital asset stakeholders, large amounts of Bitcoin have been on the move yet again making March the fourth month in a row with exchanges losing 100,000 BTC.
The US Department Of Justice I had showed a renewed effort in combating crypto scams, on Thursday, in a press release, the DOJ pulled back the curtain on several charges it was pursuing against the creators of Frostie NFT.
In a move to curb soaring inflation, the Federal Reserve has decided to raise interest rates for the first time since 2018 with many economists anticipating further hikes throughout the year.
After setting a new all-time high of $54 in October of 2021, Polkadot’s valuation has been in a free fall, currently trading at a shade over $18. Despite shaving off two thirds of its valuation, multiple market indicators are flashing that a bottom for DOT may be in sight.
Financial markets have been on a roller coaster ride over the past several months with holdings have escaped unscathed, yet Cardano (ADA) seems to have been hit harder than the overall crypto market, dropping out of the top five cryptocurrencies in relation to market cap. ADA went on an impressive run to close out 2021, reaching highs of just below $3.00 before losing several critical support levels due to the potential for upcoming policy shifts, the Ukrainian-Russian conflict, and market wide uncertainties before bottoming out at $0.84, which it is currently trading at.
Biden Administration Creates Task Force ‘KleptoCapture’ To Halt Russian Oligarchs And Their Crypto https://youtu.be/pAy-YTZt8ro The new task force, which brings together units from the FBI, Marshals Service, IRS, Postal Inspection, Homeland Security Investigations and Secret Service describes themselves as, “…an interagency law enforcement task force dedicated to enforcing the sweeping sanctions, exportContinue reading “Biden Administration Creates Task Force ‘KleptoCapture’ To Halt Russian Oligarchs And Their Crypto”
Haus, the company redefining the mortgage and lending space, announced the launch of the revolutionary HausCoin ($HAUS), a groundbreaking new financial infrastructure tool which will serve as an alternative offering to the debt and interest driven Mortgage Backed Security (MBS) markets and bring about a new equity driven marketplace.
In the face of international political strife, during the midst of a situation that could lead to a global conflict, and at a time when the Russian ruble is tumbling so much that the government might start seizing citizens funds from banks, Bitcoin is rallying.