In a significant legal development, the United States Court of Appeals for the District of Columbia Circuit has affirmed the legality of prediction markets that enable betting on U.S. elections. This ruling on October 2 marked a decisive moment for prediction market Kalshi, which had been trapped in a legal battle with the U.S. Commodity
In a remarkable turn of events for the cryptocurrency community, Cardano (ADA) has registered its first green month of September in a span of six years, achieving a noteworthy price surge of approximately 8%. This is not merely a win for the crypto itself; it signifies a potential shift in sentiment that could fuel an
In a startling case that underscores the vulnerabilities of digital finance, Evan Frederick Light, a 21-year-old from Lebanon, Indiana, has confessed to executing an extensive cryptocurrency theft that has impacted nearly 600 victims across the globe. The crime, amounting to over $37 million, involved a meticulous plan characterized by deceit and technical know-how. On September
Bithumb, recognized as South Korea’s second-largest cryptocurrency exchange, is embarking on an ambitious journey toward a public listing in the United States. During a shareholders meeting on September 30, reports surfaced detailing the exchange’s aspirations for a Nasdaq listing slated for the latter half of 2025. This pivotal decision signals a significant shift in Bithumb’s
The cryptocurrency market is notoriously volatile, with price fluctuations that can leave even seasoned investors scratching their heads. Amid this whirlwind of numbers and trends, certain analysts step forward to offer their projections. Recently, crypto analyst Wisdom Matic released a set of price targets for Bitcoin (BTC), Dogwifhat (WIF), and Fantom (FTM). Matic’s forecast has
The tumultuous relationship between regulatory agencies and the cryptocurrency industry has reached a new chapter with the recent appeal filed by the U.S. Securities and Exchange Commission (SEC) in the ongoing lawsuit against Ripple Labs. This action highlights the intense scrutiny that blockchain technologies, particularly tokens like XRP, are facing as they navigate the complex
As we approach the conclusion of September, the enthusiasm surrounding Bitcoin’s price rally has somewhat dissipated. Notably, the cryptocurrency had managed to close the month with a positive monthly candle, but it has since dipped back below the psychologically significant price point of $65,000. This decline has restored the fear and greed index to a
Bitcoin, the pioneering cryptocurrency, is experiencing a significant retracement from its recently established peak of around $66,000. This pullback has raised questions among investors and traders regarding the sustainability of Bitcoin’s underlying bullish sentiment. Currently hovering approximately 4% beneath that critical $66,000 threshold, Bitcoin’s next support level at $63,000 appears particularly inviting for bullish traders
The cryptocurrency market is no stranger to volatility, but the onset of October 2024 has brought an unexpected wave of turbulence, particularly for Bitcoin. As investors and analysts alike assess this initial downturn, it’s essential to uncover the dynamics at play and consider the implications for the month ahead. Entering October, many market observers held
In a remarkable celebration of the past decade of blockchain innovation, Charles Hoskinson, the founder of Cardano and CEO of Input Output, was honored with a prestigious award at the ETH10X event, held in Zug, Switzerland, on October 2. This recognition came not only as a nod to Hoskinson’s contributions to the Ethereum Foundation but