Author: WebDesk

A federal appeals court in Texas has overturned sanctions levied against Tornado Cash, a cryptocurrency mixing platform, determining that the Treasury Department acted beyond its lawful authority. Court Rebukes Treasury Department Overreach in Tornado Cash Case On Jan. 21, 2025, the Fifth Circuit Court of Appeals delivered its ruling, responding to a lawsuit filed by […] Credit: Source link

Bitcoin (BTC), the world’s largest cryptocurrency by market capitalization, appeared to have fallen short of expectations for massive upside momentum following pro-crypto Donald Trump’s presidential inauguration. Currently, the overall market seems to be struggling, with a few cryptocurrencies witnessing price rallies while others appear to be moving sideways or consolidating.Bitcoin’s Ongoing Consolidation Amid this market uncertainty, BTC seems to be consolidating in a tight range near the resistance level of $108,000, between the $100,000 and $108,000 levels. However, the price of Bitcoin is now falling toward the lower boundary of the consolidation.Bitcoin Technical Analysis and Price Prediction According to expert technical analysis,…

Este artículo también está disponible en español. While the Bitcoin price is hovering just below the old all-time high of December 17, US Senator Cynthia Lummis and Eric Trump reportedly convened at the Capitol yesterday to discuss the notion of creating an American Strategic Bitcoin Reserve (SBR). Bloomberg’s Steven Dennis broke the news, while Swan, a crypto-focused platform, spotlighted Eric Trump’s now-deleted retweet about the meeting. Almost as soon as Eric Trump retweeted Swan’s post referencing talks with Senator Lummis on the SBR, he pulled it down without explanation. “What’s brewing behind the scenes?” Swan queried in a subsequent tweet,…

In a recent interview BlackRock CEO Larry Fink has said that Bitcoin could go up to $700,000 if there is more fear of currency debasement and economic instability.JUST IN: $11.5 trillion BlackRock CEO Larry Fink says Bitcoin could go up to $700,000 if there is more fear of currency debasement and economic instability.pic.twitter.com/WOXclAsjDP— Bitcoin Magazine (@BitcoinMagazine) January 22, 2025 The BlackRock CEO says that Bitcoin is a hedge against currency debasement and political instability and could hit $700,000. Besides he also revealed that Sovereign Wealth Funds are considering 2-5% allocations. “If you’re frightened about debasement or local political instability, you have…

ETH selling pressure has eased post-inauguration.  But demand was yet to pick up; Is a recovery possible?  Ethereum [ETH] struggled to keep up with Bitcoin in the second half of January. In fact, Bitcoin [BTC] topped an all-time high of $109.5K, but ETH was still down nearly 20% from its recent peak of $4.1K. However, the altcoin could be primed for a recovery amid renewed buying interest.  According to Joao Wedson, founder of the on-chain analysis firm Alphractal, ETH selling pressure has decreased significantly, which could accelerate its recovery.  “Selling pressure in ETH has eased slightly, giving buyers a short-term…

Kratos Gamer Network (KGeN) has introduced a new rewards system that allows users to earn rKGEN tokens by completing quests and campaigns.These tokens will play a crucial role in an upcoming $KGEN token airdrop, where they can be exchanged at a 1:1 ratio. Designed to reward active participants, rKGEN is non-transferrable and limited to use within the platform, but it can be redeemed for transferable $KGEN tokens when the TGE occurs.Participants can earn rKGEN indirectly by gathering K-Points, which will eventually convert into the rewards token. The platform also plans to launch staking features for rKGEN, enabling users to increase…

LINE, the popular messaging service in Asia, has launched its new Mini Dapps and Dapp Portal. This move could bring blockchain technology, often called “Web3,” to millions of everyday users. While Telegram showed how chat apps can host decentralized games and apps, LINE aims to make it easy for more people to discover, play, and trade digital assets without leaving the familiar LINE Messenger app. What Is the Dapp Portal? The Dapp Portal is a hub inside LINE Messenger where people can find and use “Mini Dapps.” These Mini Dapps are small web-based applications built on blockchain technology. Users don’t…

Bitcoin, priced at $103,458 to $104,206 over the past hour with a 24-hour trade volume of $70.41 billion and a market valuation of $2.06 trillion, has seen an intraday price range between $102,784 and $107,245, signaling active market participation and notable volatility. Bitcoin Bitcoin‘s one-hour chart shows a bearish pullback dominating the short-term trend following […] Credit: Source link

Ethereum’s price has been somewhat disappointing recently, hovering in the low $3000s. Despite its long history of impressive growth, it hasn’t yet reached its previous all-time highs. Meanwhile, some competitors like Solana, XRP and Sui have broken through their own records. So, why should we still believe in Ethereum’s potential? Let’s explore the Ethereum (ETH) bull case and why it remains a valuable asset. 1. The Highest Security Ethereum stands out in terms of security. It offers the most secure programmable execution environment compared to its competitors. This is important because as the world moves more on-chain, the most mission-critical…

The Chainlink (LINK) market was seen making headlines following its latest surge. While its all-time high of $52.88 has been impossible to reach, the market is expecting LINK to rise over the next couple of months and reclaim this peak. Currently, the altcoin is trading over 50% below this high. Throughout the past year, the asset has witnessed a spike of 71%. If LINK continues this trend, the asset could move beyond this milestone.Also Read: US Sentences Indian Man For Laundering Cryptocurrency Worth $20 MillionChainlink’s Current Market StatusSource: Crypto Valley JournalThroughout the past 24-hours, the altcoin recorded a dainty rise…