Bitcoin’s recent price action has defied expectations, leading to uncertainty among market analysts and traders. Cheeky Crypto, a self-proclaimed crypto analyst, has highlighted the unpredictable nature of Bitcoin’s market dynamics and expressed doubts about its future trajectory. One of the key factors contributing to Bitcoin’s unpredictability is the market’s liquidity. […]
WeRide, a prominent self-driving technology company, has announced a delay in its planned initial public offering (IPO) in the United States. Citing the need for more time to complete necessary documents, the company has postponed the listing, which was initially scheduled for this week. The delay comes as a setback […]
Ryan Salame, the former FTX executive sentenced to 7.5 years in prison, is seeking to have his conviction vacated, alleging that the government breached a plea deal. According to court filings, Salame agreed to plead guilty to campaign finance violations in exchange for the government dropping its investigation into his […]
Cardano (ADA) has been gaining bullish momentum, with the potential for a significant price increase. A bullish falling wedge pattern has formed on the token’s daily chart, suggesting a possible 100% rally if a breakout occurs. On-Chain Analysis Supports Bullish Outlook Several on-chain indicators support a bullish outlook for Cardano. […]
Bitcoin (BTC) experienced a sudden market correction on [Date], erasing $120 million in open interest as the market recovered from a week-long sideways movement. The sharp decline, which saw the price drop from approximately $62,000 to just around $59,900, exposed the vulnerability of over-leveraged long positions. According to data from […]
The cryptocurrency industry has emerged as a dominant player in U.S. politics. A new report by watchdog group Public Citizen reveals that crypto companies, executives, and investors have collectively spent an unprecedented $119 million to influence the 2024 U.S. congressional elections. This surge in spending underscores the growing political clout […]
A new report by the National Crime Agency (NCA) has revealed a staggering scale of cryptocurrency-related crime in the United Kingdom. The agency estimates that up to $5.1 billion in illicit crypto transactions are linked to the UK annually. According to the report, international criminal networks are leveraging cryptocurrencies to […]
Polygon (MATIC) has been a bright spot in a largely sideways market, defying the trend with an impressive 20% gain since last Friday. This bullish run comes as Polygon prepares for a significant update: the rebranding of its native token from MATIC to POL, effective September 4th. The 1:1 token […]