Author: WebDesk

The general crypto market has experienced a strong downward movement. Ethereum is no exception to this bearish development since the digital asset has experienced a pullback below key support levels. With waning market performances hindering investors’ sentiment toward ETH, the altcoin is likely to undergo an extended pullback in the upcoming days. Bearish Forces Weigh On Ethereum’s Price Recent price action shows that Ethereum could be gearing up for a correction phase as heightened selling pressure begins to weigh on the asset. Informative platform IC News predicted after examining investors’ behavior and price performances in the 1-day time frame. IC…

At a time when US authorities are discussing possibilities to create a better legal framework for the cryptocurrency industry, Binance co-founder He Yi has revealed the measures taken by the crypto exchange to ensure its compliance with the country’s law enforcement framework. Here is everything you should know about He Yi’s revelations.While explaining how Binance ensures legal compliance, He Yi stated that the organisation has at least two US law enforcement coordinators. She added that the duty of these officials is to ensure compliance and cooperation with US authorities. Emphasising how intolerant Binance is towards misconduct and fraud, He Yi claimed…

Iris Coleman Feb 03, 2025 11:01 Bitcoin’s price fluctuations reflect macroeconomic trends, impacted by US policy changes. Despite a dip below $100,000, BTC shows structural strength, influenced by institutional interest and economic factors. Bitcoin (BTC) has recently exhibited significant volatility, closely aligning with macroeconomic developments and US policy changes, as reported by Bitfinex. Over the past week, Bitcoin’s price fell below the $100,000 threshold, a move anticipated as part of a broader market correction. Despite starting 2025 with a 10% gain in January, Bitcoin’s momentum has slowed, encapsulating a 15% price range for…

Jessie A Ellis Feb 03, 2025 10:39 Arianna Huffington collaborates with ElevenLabs to update her book ‘Thrive’ using AI voice technology, marking its 10th anniversary with innovative audio experiences. Arianna Huffington has partnered with ElevenLabs to leverage its Voice AI technology, giving a fresh voice to the preface of her book ‘Thrive’ as it celebrates its 10th anniversary. This collaboration marks a significant move towards integrating AI into content creation, according to ElevenLabs. AI Transforming Content Delivery Huffington’s integration with ElevenLabs extends beyond ‘Thrive,’ as she has also joined the ‘Iconic Voices’ feature…

Several prominent firms have been jumping into the ETF market. Cryptocurrency exchange-traded funds (ETFs) have been growing in popularity. More recently, prominent asset manager Grayscale submitted a filing with the US Securities and Exchange Commission (SEC). The firm intends to convert its $16.1 million XRP trust into an ETF. Amidst this, an ETF filing that made headlines was Litecoin (LTC). The real question is which cryptocurrency will get approval first.Also Read: 1,000+ USAID Staff Fired After Refusing Musk’s D.O.G.E. Team Secure AccessXRP vs Litecoin: Which Asset Will Get An Approval?Source: BitgetConsidering the current state of the government, both these assets…

Rongchai Wang Feb 03, 2025 10:17 Digital asset investment products experienced $527 million in inflows last week, driven by volatile market conditions and significant Bitcoin investments. Digital Asset Inflows See Significant Movement Digital asset investment products witnessed substantial inflows totaling $527 million last week, according to CoinShares. Despite the influx, the market exhibited significant volatility, influenced by broader economic concerns and the impact of recent DeepSeek news. Bitcoin and Short-Bitcoin Investments Bitcoin (BTC) stood out with inflows reaching $486 million, marking a strong week for the leading cryptocurrency. Furthermore, short-Bitcoin products registered their…

Felix Pinkston Feb 03, 2025 09:39 The Hong Kong Monetary Authority’s survey indicates that SMEs experienced broadly stable credit conditions in Q4 2024, with minor changes in credit approval perceptions. The Hong Kong Monetary Authority (HKMA) has released the findings of its latest survey on the credit conditions for small and medium-sized enterprises (SMEs) for the fourth quarter of 2024. According to the survey, SMEs in Hong Kong experienced broadly stable credit conditions during this period. Credit Approval Stance Perceptions The survey reveals a slight shift in SMEs’ perception of banks’ credit approval…

It hurts when you sell investments early only to see the asset soar to unbelievable heights and generate life-changing gains. One such investor cried in a video after he sold $2,000 worth of Shiba Inu just months before it rallied 67,000,000% (67 million percent). SHIB could have turned the $2,000 investment into $1 billion when it reached an all-time high of $0.00008616 in October 2021.Also Read: Shiba Inu Eyes $0.00002 in February: Why SHIB Has 112% UpsideShiba Inu: Investor Loses Opportunity to Make $1 Billion in SHIBSource: PixabaySo here’s how things unfolded: The investor poured $2,000 into Shiba Inu in…

Peter Zhang Feb 03, 2025 07:40 BitMEX has temporarily delisted the _NEXT indices, which align with live indices for mark price calculations, with plans to relist in March 2025 ahead of the next index rebalance. In a significant move affecting market participants, BitMEX has announced the temporary delisting of its _NEXT indices as of February 3, 2025. The _NEXT indices currently mirror the live indices used for calculating mark prices, according to BitMEX. Reason for Delisting The decision to temporarily remove these indices comes as part of BitMEX’s routine maintenance and strategic planning.…

The cryptocurrency market witnessed a major carnage. A majority of cryptocurrencies dipped during the weekend. Dogecoin (DOGE), the OG meme cryptocurrency was one of the biggest losers of the day with a double-digit drop. While several were diving deep into the reason behind this fall a few others were wondering if DOGE still has the potential to reach $1 this month.Also Read: BRICS: 2 Countries Officially Agree To Ditch the US Dollar For TradeDogecoin’s 24% DownfallSource: Watcher GuruThe largest meme coin encountered a loss of nearly 24% over the past 24 hours. DOGE was trading at a high of $0.3061…