BNB price is consolidating above the $700 support zone. The price is consolidating and might aim for a fresh increase above the $720 resistance. After a downside correction, BNB price found support at $690. It is now recovering losses like Ethereum and Bitcoin. There was a move above the $700 level. The bulls were able
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A recent report by crypto index fund management firm Bitwise outlines varying price projections for Solana (SOL) based on its adoption and scalability improvements. According to the report, the ‘bull case’ scenario could see SOLs price soar to $6,636 by 2030. Solana, currently the sixth-largest cryptocurrency by market capitalization, has experienced a volatile few years.
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Ripple has stepped forward to aid victims of the California wildfire tragedy, donating $100,000 in its native XRP token. The contribution, made through The Giving Block, will support on-the-ground relief efforts by nonprofit organizations World Central Kitchen (WCK) and GiveDirectly. Ripple announced the contribution in a January 14 social media post, indicating that President-elect Donald
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As cryptocurrency gains mainstream traction, its use in illicit activities has diversified, extending beyond traditional cybercrime. Chainalysis has warned that these activities even include threats like national security breaches and consumer exploitation. In fact, these illicit actors increasingly utilize on-chain platforms for laundering, even if they operate primarily off-chain. This shift has led to the
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The release of the December CPI report triggered notable reactions across financial markets, especially in the cryptocurrency sector. While headline inflation aligned with expectations, core inflation fell below forecasts on both monthly and annual bases, fueling optimism for risk-on assets like Bitcoin. Within two hours of the CPI release, Binance Open Interest (OI) sharply rose
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Outgoing U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler has insisted that the regulatory body never classified Bitcoin and Ethereum as securities. Additionally, he separated the worlds largest cryptocurrency by market cap from other tokens, saying they still have to prove their actual value. Gensler made the statements in exit interviews with Yahoo Finance
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Congressman Tom Emmer, a well-known advocate for the cryptocurrency industry, has been named Vice Chair of the House Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence. Committee Chairman French Hill made the announcement on January 14 as part of the House Financial Services Committee’s subcommittee assignments for the 119th Congress. Emmer expressed his enthusiasm
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XRP price started a fresh increase above the $2.50 level. The price is gaining pace and could rally further above the $2.880 resistance. XRP price managed to start a fresh increase above the $2.42 and $2.45 resistance levels. The price gained over 5% and outperformed both Bitcoin and Ethereum. There was a move above the
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