Bitcoin’s technical indicators look promising, with its 50-day moving average recently crossing above its 200-day average, which is commonly seen as a positive signal for future growth.
The settlement with Bybit is part of a wider effort by FTX’s bankruptcy estate to recover funds and repay creditors.
Data from DeFiLlama shows that TVL on Solana jumped from under $250 million at the beginning of the year to more than $6.8 billion by 24 October.
At the core of Ripple’s argument is the legal definition of an “investment contract”. Under US securities law, if a transaction is classified as an investment contract, it can be regulated as a security.
Bitcoin’s dominance in the market has increased to 65%, a level last achieved during the bull run of 2021.
The new name is designed to represent a broader vision beyond just cryptocurrency, focusing instead on global identity solutions.
Mass investor exodus, ETF outflows, Mt. Gox repayment concerns, and market-wide declines has fuelled a bearish sentiment for Bitcoin.
After several weeks of upward momentum, the cryptocurrency market has recently seen a notable decline. Its overall market capitalisation has decreased by more than 3% in a single day.
Recently, Ethereum has experienced a bullish surge, crossing the crucial $3,000 mark. This uptick is largely due to major stakeholders withdrawing and staking significant amounts of $ETH.
