Author: James Wilson

Cryptocurrencies remain under significant sell-off pressure following a market shakeout driven by investor reactions to DeepSeek AI news. As Bitcoin (BTC) fell below $100,000 and altcoins turned red amid a tech stock bloodbath, the crypto market experienced massive liquidations. According to Coinglass, total crypto liquidations over the past 24 hours surged by more than 850% as of Jan. 27, with nearly $1 billion in long and short positions wiped out. At 2 pm ET, total liquidations stood at approximately $993 million, with long positions accounting for over $883 million and short positions at about $110 million. More than 344,000 crypto…

Caroline Pham said the CFTC would “get back to basics” by hosting a series of roundtable talks with crypto industry leaders to address regulatory pain points. On Jan. 27, Caroline Pham, acting chair of the Commodity Futures Trading Commission, said that the regulator plans to engage with digital asset stakeholders to discuss market structure and prediction markets as the U.S. pivots toward greater crypto adoption. According to Pham, the CFTC “must take a forward-looking approach” to resolve conflicts of interest and policy gaps left by the previous administration. Innovation and new technology has created a renaissance in markets that presents…

Abstract, a consumer-focused blockchain leveraging the zero-knowledge stack by ZKsync and Celestia to drive mass adoption, has announced the launch of its mainnet. The team behind the project’s consumer blockchain network aims to create a platform that removes barriers to accelerated mass adoption. According to an announcement, the Abstract mainnet integrates ZKsync (ZK) and Celestia (TIA) architecture to enhance security and transaction speed. To bring web2 benefits to web3, Abstract introduced The Portal, a “digital theme park of fun” that simplifies onboarding by enabling a global wallet ecosystem. Users can quickly enter the web3 ecosystem using just their email address,…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. A top investor identifies Rexas Finance as the next coin under $1 to outperform Shiba Inu. The world of cryptocurrencies is one of ambiguity; some tokens soar while others collapse. Shiba Inu (SHIB) is one meme coin that many investors have focused on. Although its great popularity has drawn interest, its performance in recent months has been less than outstanding.  Amid this slump, a fresh competitor called Rexas Finance (RXS) is becoming increasingly well-known for its exceptional presale performance…

Singapore-based exchange Crypto.com has secured a MiCA license from authorities in Malta after receiving provisional approval in mid-January. The Malta Financial Services Authority has awarded a Markets in Crypto-Assets Regulation license to Crypto.com’s Malta-based subsidiary, making the company one of the first major crypto exchanges to achieve regulatory approval under the European Union’s licensing framework. Securing a MiCA license from the MFSA allows Crypto.com to compliantly passport its services across the European Economic Area, which comprises 27 individual member states. Eric Anziani, President and COO at Crypto.com, remarked that the company prioritized securing a MiCA license as part of its…

XRP price dived to its lowest point in 12 days as the cryptocurrency sell-off accelerated amid fears surrounding DeepSeek. Ripple (XRP) dropped to $2.65, falling by over 21% from its highest level this month, bringing its market cap to $173 billion. XRP price forms a doji candlestick pattern There are signs that the price of Ripple could bounce back as long as it trends near the $3 price level. Closing Monday’s trading session above that price would indicate the formation of a long-legged doji candlestick, which often signals a strong reversal. A doji is a candlestick pattern characterized by a…

2024 will be a year to remember for the crypto market. With Bitcoin breaking the $100k mark, many altcoins followed the king of cryptocurrencies and made it to the list of best performing cryptocurrencies. Crypto best performers like SUI, VIRTUALS, SPX6900, Pepe, WIF, and others outperformed the entire crypto market, even Bitcoin (BTC).  In this article, we’ll give you a list of these top crypto performers of 2024, and also tell you whether they can continue their bullish momentum in 2025 or not. 1. Virtuals Protocol (VIRTUAL) The best performing cryptocurrency asset in 2024 is Virtuals Protocol (VIRTUAL), which has…

Bitpanda has received a MiCA licence from Germany’s Federal Financial Supervisory Authority, allowing it to operate under a unified regulatory framework across all 27 EU member states. The MiCA licence introduces a single regulatory regime for the crypto industry in Europe, addressing long-standing challenges related to fragmented rules across countries.  The framework provides licensing clarity, standardizes rules for crypto service providers, and prohibits reverse solicitation, requiring non-EU firms to secure an EU licence before offering services. European adoption  Bitpanda’s leadership emphasized the significance of this milestone. Lukas Enzersdorfer-Konrad, Deputy CEO, said the licence aligns with the company’s commitment to regulatory…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. The expert who predicted XRP’s 2017 surge now backs 1Fuel, citing its advanced cross-chain wallet and strong staking rewards as drivers for massive growth. The Quant expert who correctly predicted XRP reaching $3 in 2017 has switched attention to 1Fuel’s (OFT) potential market growth by making bold price predictions. The expert believes 1Fuel shares XRP’s growth trajectory because of its advanced cross-chain wallet system and high staking rewards. Many investors view 1Fuel as a DeFi disruptor with its strong…

MicroStrategy announced a Bitcoin purchase for the twelfth consecutive week, while also unveiling a new stock offering to finance additional crypto acquisitions. MicroStrategy, the world’s largest corporate Bitcoin (BTC) holder, increased its holdings to a staggering 471,101 tokens after completing its second purchase during President Donald Trump’s administration. The company invested another $1.1 billion in BTC, acquiring 10,101 BTC at an average price of $105,596, according to a disclosure filing shared by MicroStrategy executive chairman Michael Saylor. Saylor’s firm, which began purchasing BTC in 2020, has spent $30.4 billion accumulating its massive Bitcoin treasury. The stockpile was valued at nearly…