Analyst eyes Ether ‘major push’ to $3.5K amid traders betting on upswing

KuCoin Research believes that the low float, high FDV trend in crypto led investors to other options like Notcoin, which had all its tokens circulating during launch.

Friday, August 30: following the mid-week’s strong upswing, the crypto markets subsequently saw widespread corrections, but most cryptocurrencies are today consolidating these higher lows. The vast majority of cryptos are in the green, as Coin360 data shows.Market visualization from Coin360Bitcoin (BTC) is trading at around $6,925 at press time, up around 1 percent on the…

The exchange operator is implementing new KYC requirements for users from September 2023 to comply with developing global regulatory guidelines. 389 Total views 2 Total shares Seychelles-based cryptocurrency derivatives exchange Bitget is updating its Know Your Customer (KYC) requirements for users to stay in step with global regulatory guidelines. According to the company, the new KYC requirements…

Tether expects to reduce USDT’s commercial paper backing to $8.4 billion by the end of June 2022 and eventually completely remove it. 1002 Total views 26 Total shares The major stablecoin company Tether is looking to eventually get rid of commercial paper backing for its U.S. dollar-based stablecoin Tether (USDT).Tether issued an official statement on…

The ministry envisions crypto users executing transactions through banks and proposes to distinguish between qualified and unqualified holders. 496 Total views 5 Total shares In a new twist of the Russian crypto regulation saga, the country’s Ministry of Finance has come forward with an initiative that stands in stark contrast with the central bank’s hardline…

Bitcoin (BTC) brushed off fresh United States macro data into the Nov. 30 Wall Street open as traders focused on the monthly close.BTC/USD 1-hour chart. Source: TradingViewPCE keeps Fed pivot pressure aliveData from Cointelegraph Markets Pro and TradingView showed BTC price movements sticking to a narrow intraday range below $38,000.After a failed breakout the day

FTX lawyers, joint provisional liquidators of FTX US and the Bahamas and a committee of creditors have all opposed the appointment of an independent examiner. 491 Total views 21 Total shares Own this piece of history Collect this article as an NFTAn investigation into FTX’s collapse by an examiner could cost the firm upwards of…

The feeling in the crypto and decentralized finance space has been shifting and evolving. The industry is also becoming more scrutinized and, inevitably, more organized. Some weeks ago, United States President Joe Biden signed an Executive Order to expedite and focus regulatory oversight of the $3-trillion industry. The order will spur the government to examine the…