Sonik Coin is a memecoin with a unique identity in the cryptocurrency market. It is currently in presale, with a price of $0.000014 that has remained stable despite the market downturn. The presale has amassed $800,556 so far, with only 5 days remaining before its conclusion.COIN IS POISED FOR SUCCESS DESPITE MARKET VOLATILITYSonik Coin stands […]
Robinhood, a United States-based portal allowing users to trade multiple instruments, including crypto without commission, is the fifth largest holder of Ethereum (ETH). According to Arkham Intelligence, an on-chain analytics platform, Robinhood controls 1.72 million ETH, worth $2.93 billion at current prices as of August 30. It is unclear whether Robinhood directly owns these coins […]
A United States District Court judge has declared Ether (ETH) and Bitcoin (BTC) as “crypto commodities” in her dismissal of a class action lawsuit against the decentralized exchange Uniswap. Judge Katherine Polk Failla, who is also overseeing the SEC lawsuit against Coinbase, dismissed the case brought by Uniswap users who claimed they lost money due […]
Bitcoin investors holding between 10 to 10,000 BTC bought ahead of the rally, according to data from the on-chain analytics firm Santiment. The “BTC Supply Distribution” metric shows that these large BTC holders scooped up a significant amount of the asset before the news of Grayscale’s win against the US Securities and Exchange Commission (SEC) […]
Crypto analyst Benjamin Cowen has warned that Bitcoin (BTC) could experience a major market correction in September. Cowen, who has 762,500 followers on the social media platform X, believes that Bitcoin could drop by more than 16% from its current value.Cowen shared a chart that shows September is the most bearish month for Bitcoin in […]
The crypto futures market has seen a large amount of liquidations on Wednesday as Bitcoin has registered a sharp surge. Data shows that liquidations totaled at $170 million during the past 24 hours. This surge was likely due to news that Grayscale had won a lawsuit against the United States Securities and Exchange Commission (SEC), […]
The cryptocurrency market has been thrown into disarray by a series of regulatory developments, leading to considerable volatility for major cryptocurrencies, including Bitcoin and Ethereum. The recent SEC lawsuits against industry giants Binance and Coinbase have further compounded market anxieties, sparking widespread speculation of a systematic effort to destabilize the industry.As a result, Bitcoin and […]
Cathie Wood, CEO of ARK Invest, recently predicted that the total market capitalization of cryptocurrencies could increase by more than 2,100% in the next seven years. Wood believes that the approval of a Bitcoin exchange-traded fund (ETF) could be a catalyst for institutional investment in Bitcoin and other digital assets, driving up the total crypto […]
Bitcoin has seen a surge in price following a court ruling that could potentially lead to the US getting its first Bitcoin ETF. The US Securities and Exchange Commission (SEC) was ordered to “vacate” its rejection of Grayscale’s bid to convert its Grayscale Bitcoin Trust into an ETF. This could mean that the US is […]
The crypto market capitalization has seen an impressive 4.19% increase in the last 24 hours, with trading volumes rising by 132.25% to $55.22 billion. This is due to eased tensions in the stock markets, with Bitcoin’s market dominance now at 48.84%, gaining 0.50% over the last day.August has been a remarkable month in the financial […]
