Crypto

Source: Bitcoinist Bitcoin has experienced a 7% pullback from its all-time high at $99,800 after failing to break above the psychological $100,000 mark. This retracement, while causing some concern among investors, is seen as a necessary consolidation phase for the cryptocurrency to build strength before continuing its ascent.  Despite the short-term setback, many fear this…

Source: Coin Tegraph A federal judge has temporarily halted Arkansas laws targeting foreign crypto mining firms, citing potential constitutional violations. Read Full Article

Source: Bitcoinist The adoption of cryptocurrency in the UK has seen a steady rise, with an estimated seven million adults now owning crypto assets, according to a recent report by the Financial Conduct Authority (FCA). The figures indicate that approximately 12% of the UK adult population currently holds digital currencies, up from 10% in 2022,…

Source: Coin Tegraph The likelihood of Bitcoin surpassing $100,000 has risen to 45%, despite its recent pullback, according to recent onchain data. Read Full Article

Source: Coin Tegraph Kristoffer Krohn unsuccessfully argued in his appeal that the SEC had not established that the Green Boxes were securities offerings or investment contracts in its complaint. Read Full Article

Source: Bitcoinist On-chain data shows the adoption of Cardano is now happening at the fastest pace since June 2023, a sign that could be bullish for ADA’s price. Cardano Has Registered An Uptick In New Addresses Recently According to data from the market intelligence platform IntoTheBlock, the ADA network has been growing recently. The on-chain…

Source: Coin Tegraph Low-income households with high crypto exposures saw the largest increase in mortgage and auto loan originations and balances, US Treasury research revealed.  Read Full Article

Source: Bitcoinist Morocco is poised to lift its long-standing ban on Bitcoin and cryptocurrencies, signaling a significant shift in the nation’s financial policy. According to Reuters, Abdellatif Jouahri, the Governor of Bank Al-Maghrib (BAM), announced that a draft law regulating crypto assets is in the final stages of adoption. “We have prepared a draft law…

Source: Coin Tegraph Jim Cramer doubled down on his tip to buy crypto, saying he was “going to call the top by recommending it yet again.” Read Full Article

Source: Coin Tegraph Oracle Corporation sued Crypto Oracle claiming it had “egregiously and flagrantly violated” a past settlement agreement and court injunction. Read Full Article