Friend.tech has announced a new name for its token, which has left analysts debating the legal implications of the change. With questions around jurisdiction and compliance, the impact of the rebrand remains uncertain.
Crypto markets have seen a surge in ‘meme coins’ this week, with PEPE and SHIB leading the charge with double-digit gains. Analysts are pointing to increased investment in these coins as a sign of the maturing crypto market.
An ETF for Bitcoin is being proposed to regulators, promising to revolutionize the market by allowing a mainstream investment option for cryptocurrencies. If approved, it could bring greater liquidity, stability and confidence to the sector.
The rally cry for Bitcoin continues, reaching an all-time high last week and averaging substantial gains in the last two months. However, traders seem hesitant to commit, selling off profits and causing prices to drop. What’s causing this trend?
The price of Shiba Inu coin (SHIB) has dropped 6% over the past two days, mirroring the bearish sentiment in the crypto markets. But, despite the slump, some alternative coins, such as The Graph (GRT) and Mirror Protocol (MIR), have fared better and remain resilient.
Robert F. Kennedy Jr. has announced a daring plan to back the US dollar with Bitcoin, as well as ending taxes on Bitcoin. The move is expected to reshape the financial landscape of America and the world.
Binance, one of the world’s leading cryptocurrency exchanges, has announced the listing of 34 new cryptocurrencies on its new platform in Japan. Starting on June 4, customers will be able to buy, sell, and trade a variety of tokens, including Ethereum, Bitcoin Cash, and more.
Cryptocurrency investors are feeling the pinch as Bitcoin and four leading altcoins lead the weekend’s losers. The bearish sentiment has dampened growth in the sector, with top cryptos Ripple, EOS, Litecoin, Bitcoin Cash, and Stellar all losing value.
Coin desk reported that according to a recent Bitfinex report Bitcoin balances held on cryptocurrency exchanges have dropped to levels last seen in early 2018
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