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European Union Drafts Regulations to Limit Proof-of-Work Activities

Limiting the environmental impact of crypto mining has been one of the pressing issues facing countries and regional bodies. It’s a well-known fact that Proof-of-Work activities are energy-consuming and hurt the climate, which world leaders are clamoring to save. This has called on the attention of the European Union. According to reports, the regional body … Read more

Coinbase Hauled 208.6M XRP: Rumors of XRP Getting Relisted on Coinbase Shoved

Whale Alert, a cryptocurrency tracking bot, has discovered a slew of significant XRP transfers across exchanges. Coinbase, a publicly-traded United States company, was one of them. Because a considerable amount of the XRP-affiliated coin has been traded, several XRP enthusiasts have speculated about a likely relisting of Ripple. Coinbase Moved 89M XRP Whale Alert discovered … Read more

“We Will Not Regulate NFTs,” Says MAS

Regulating NFTs have been a subject of debate since last year owing to the success of the sector in revenue generation. Financial regulators in different countries have been asked, on several occasions, if NFTs would be regulated, but the answer has always been negative.   The same question was directed to Tharman Shanmugaratnam, one of the … Read more

Sandbox (SAND): 40% Bullish Rally Likely to Terminate

SAND price maintains an upside trend from its 2-month lows. Failure to enter a bull flag might see bearishness continuing. Sandbox moves in extreme oversold situations. Sandbox (SAND) saw some wild price reactions this week. The metaverse crypto witnessed a move to $2.55 from the highs of $3.34, transacting to a 23% fall. However, SAND … Read more

Cryptocurrency Market Drops Over $1 Trillion Amid Continued Fall

More than 239,000 investors saw their positions closing within the last 24 hours as liquidations totaled nearly $874 million. The fifth successive week of plummets had the crypto market losing more than $1 trillion in value, market players terming it a ‘cryptocurrency winter.’ Coinglass, a crypto futures trading platform, reported that more than 239,000 investors … Read more

Bitcoin (BTC) Hits 6-Month Low amid Crypto Market Sell-off

The crypto market keeps falling after the red charts dominated the week. Briefly – The cryptocurrency industry opens the weekend with another massive sell-off. Bitcoin dropped toward $34,000, hitting a 6-month low. The current global climate had most assets bleeding within the past few weeks. The global cryptocurrency market capitalization declined by 10.54% over the … Read more

Shiba Inu (SHIB) Weakens, Bears Eye Another 28% Downswing

SHIB price might see another 28% fall as bears launch a downward move. The dog coin broke the critical defense line at $0.00002492 and the prevailing chart’s lower border. A technical indicator shows sellers exceeding buyers in the marketplace. Shiba Inu (SHIB) eyes a 28% downward move after the canine-themed token broker beneath a crucial … Read more

Litecoin (LTC) Approaches 6-Month Lows – Price Analysis

LTC price tried to overturn the current downward trend. Crucial resistance prevented further upside momentum. Bears might drag LTC lower, exploring a value zone of $70. Litecoin (LTC) appears to maintain its downtrends, threatening to record another 6-month low. Moreover, the alternative coin can plunge to surpass 2021 lows. The negative actions came as the … Read more

Solana (SOL) Should Recover Latest Losses to Avoid 35% Crash

The 20 January flash crash had SOL dipping in the demand zone at $115.51 – $144.70. Meanwhile, a recovery beyond $135.71 will see Solana alleviating the bearish picture regardless of the latest fall. A move beneath $115.51 will form a lower low, catalyzing a 35% drop towards $78.76. Solana (SOL) witnessed a crash during the … Read more