Crypto analyst Javon Marks has laid out a bullish narrative for Terra Classic (LUNC). Based on his analysis, the crypto token could eventually see a 13x increase from its current price levels. The analyst alluded to LUNC’s historical pattern as what could drive such parabolic price surge. Related Reading How LUNC’s Price Could Jump By…
Biden administration opposes H.R. 4763 while threatening veto on H.J. Res. 109 amidst crypto regulatory controversies.In a week marked by significant developments in the cryptocurrency regulatory landscape, the Biden Administration has made clear its opposition to two key legislative actions affecting the digital asset market. These actions include the passing of H.R. 4763, the Financial…
SVET Markets Weekly Update – May 20–24, 2024On Week 21, the major event was the sudden approval of the ETH ETF, which is widely seen as a result of political pressure from the White House on Gary Gensler to attract votes from crypto holders for the DEM campaign. This exciting development underscores the growing strength…
XRP, a crypto that has faced regulatory challenges, is back in the spotlight with analyst Dark Defender predicting a potential price surge by mid-2024. Defender’s analysis hinges on a confluence of factors, including technical indicators, anticipated regulatory changes, and broader market trends. Related Reading Technical Breakout Aligns With Regulatory Shift Utilizing Fibonacci Time Zones and…
With registrations now open for its MNT token public sale, the Minutes Network is poised to further transform the international voice calling landscape.In the rapidly evolving world of telecommunications, Minutes Network and its associated token, MNT, are poised to disrupt the industry and create new opportunities for carriers, node operators, and network users alike. By…
The U.S. House of Representatives voted 279-136 to approve the Financial Innovation and Technology for the 21st Century Act, with significant support from House Democrats. On Wednesday, the crypto industry achieved its largest-ever U.S. policy victory as the House passed a comprehensive bill to regulate digital asset markets. The vote, which saw Democrats crossing party…
The price of Ethereum jumped 18% as the SEC reconsiders it’s position on the approval of an Ethereum Spot ETF. On Monday, new developments suggest that the U.S. Securities and Exchange Commission (SEC) might be rethinking its stance on spot Ether (ETH) exchange-traded funds (ETFs). Bloomberg ETF analysts James Seyffart and Eric Balchunas have indicated…
Rumors that the Chicago Mercantile Exchange (CME), a global leader in derivatives trading and clearing, is planning to introduce spot Bitcoin trading for its clients have impacted the Coinbase share price. Global leading derivatives exchange and clearing house the Chicago Mercantile Exchange (CME) has plans to offer spot bitcoin trading to clients, based on news…
A positive week for Bitcoin, gaining approximately 8% and surpassing the significant $66,000 price mark after institutional investors submitted their quarterly 13F reports to the SEC - revealing some major holdings in the Bitcoin ETFs. Bitcoin has enjoyed a week of gains as the asset rose by `~8% pushing past the key US$66,000 price level.…
Key Takeaways Accepting Bitcoin payments leverages lower fees, enhanced security, and can broaden customer outreach by appealing to a growing demographic of crypto-savvy patrons while offering competitive advantages such as instant settlements and chargeback risk elimination. To efficiently accept Bitcoin payments, businesses need to choose a suitable payment processor, integrate it with their website or…