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Polkadot (DOT), the self-proclaimed “King of Interoperability” and once a darling of 2021’s bull run, is currently trading around $6.42, a far cry from its November 2021 peak of nearly $60. A flicker of optimism about DOT remains despite the general bearish outlook, as technical analysis points to a potential price turnaround in the horizon. Falling Wedge Hints At Bullish Breakout Technical analysts are a breed known for their fascination with squiggly lines and cryptic patterns. However, for some Polkadot…

The recent settlement deal between the US SEC and Terraform Labs has sent shockwaves to the Ripple community ahead of the case verdict. Ripple has continued with its XRPL development plan outside the United States to ensure mass adoption of XRP ahead. The legal battle between the United States Securities and Exchange Commission (SEC) and Ripple Labs, a top-tier blockchain payment company, over the sales of XRP to fund its operations has continued to attract different opinions. The crypto regulatory…

Recent reports from CryptoQuant analysts on the QuickTake platform highlight a notable decline in market sentiment across Bitcoin and altcoin investors. According to Crypto Dan, a leading analyst at CryptoQuant, “After Bitcoin’s recent failure to breach the $72,000 mark, there is a noticeable cooling off of investor enthusiasm.” Bitcoin Slump In Activity Signals Market Adjustment Data reveals a significant drop in active Bitcoin addresses, signaling a reduction in transactional activity since peaking in March. This downtrend reflects Bitcoin’s recent price…

The post Billionaire Bitcoin Investor Michael Saylor Settles $40 Million Tax Fraud Lawsuit appeared first on Coinpedia Fintech News Billionaire bitcoin investor Michael Saylor and his company, MicroStrategy, have settled a tax fraud lawsuit brought by the Washington, D.C., attorney general. The lawsuit alleged that Saylor evaded over $25 million in District of Columbia income taxes by falsely claiming residency in lower-tax states like Florida and Virginia.  Now, after months of legal proceedings, Saylor and MicroStrategy have agreed to pay…

The post Positive News For Bitcoin As ETNs Hit The LSE While These Top Coins Dominate Investor Portfolios appeared first on Coinpedia Fintech News With the upcoming Bitcoin ETNs trading on the London Stock Exchange, enthusiasts anticipate a positive momentum for Bitcoin. Meanwhile, Ethereum, Cardano, Stellar, and the meme coin KangaMoon are dominating investor portfolios amid their positive price increases. Let us look into more detail. KangaMoon (KANG): One Of The Promising Meme Coins To Watch Due to the recent…

SANTA CLARA, California, May 31st, 2024, Chainwire CARV, the largest modular data layer for gaming and AI, announced today a strategic investment from Animoca Brands, the company advancing digital property rights for gaming and the open metaverse. In addition, Animoca Brands will become an operator of CARV’s Tier 6 verifier nodes in support of CARV's decentralization of its data layer. The partnership will facilitate deeper integration and long-term synergies as they expand their respective gaming and open metaverse ecosystems. Founded…

As Bitcoin (BTC) edges closer to its record high, investors are looking for the next big opportunity in the cryptocurrency market. One such investor has decided to diversify their portfolio by securing profits from Bitcoin and investing in Retik Finance (RETIK), a promising competitor to Ethereum (ETH) that has recently made headlines by soaring 2000% in a single day.Bitcoin has long been the cornerstone of the cryptocurrency market, acting as a digital gold standard for new and experienced investors. With…

Ethereum exchange-traded funds (ETF) have been the talk of the town – and rightly so – after the United States Securities and Exchange Commission (SEC) approved the listing of the investment products during the week. Meanwhile, the Bitcoin spot ETF market continued its resurgence on one side, marked by a second consecutive week of positive inflows. This streak of positive inflows represents a complete shift from previous weeks when investment activity was dangerously low. However, this recent turnaround reflects a…

Crypto investors renowned for their foresight in moving into Solana (SOL) during its ICO phase, have once again captured attention by making substantial investments in Retik Finance (RETIK) as its token launches on centralized exchanges (CEXs). This bold move has ignited speculation among crypto enthusiasts, prompting questions about whether Retik Finance could emerge as the next Solana. Let us delve into the details of this investor's strategy, the factors driving Retik Finance's growth, and the potential for it to replicate…