Ripple price is struggling below $0.370 against the US Dollar, similar to bitcoin. XRP price must stay above $0.3400 to avoid more downsides in the near term. Ripple Price Analysis This past week, ripple price saw a bearish reaction below the $0.3900 zone against the US Dollar. The XRP/USD pair declined below the $0.3780 support zone to move into a […]

2022 saw the continued rise of disruptive blockchain-centric concepts such as decentralized finance, GameFi, nonfungible tokens and Web3. Notably, some of the related projects that thrived in 2022 were headed by women, which is a good indicator of progress in an otherwise male-dominated sector.  The increased involvement of women in the cryptocurrency field signals growing inclusivity and maturation of the […]

On Dec. 23, 2022, Matthew Russell Lee from the Inner City Press published the recently unsealed guilty plea transcript of Caroline Ellison, Alameda Research’s former CEO. In her statements, Ellison describes that she was the co-CEO and CEO of Alameda, and under those roles, she reported directly to the former FTX CEO Sam Bankman-Fried (SBF). The ex-Alameda CEO’s testimony details […]

Treasury Secretary Janet Yellen – who despite being a renowned economist couldn’t predict that the U.S. was headed for its worst inflationary period in over 40 years – has stated that the fall of the FTX exchange is exactly why the country needs to focus on crypto regulation. Janet Yellen Discusses Crypto Regulation In a recent interview, Yellen mentioned: The […]

Earlier this week, Brian Armstrong, Co-Founder and CEO of crypto exchange Coinbase, shared his thoughts on crypto regulation in the U.S. In a blog post published on 19 December 2022, Armstrong said that, in the wake of the collapse of crypto exchange FTX, the U.S. and other major jurisdictions needed to take the aforementioned steps to “restore trust”: “Create regulatory […]

Earlier this month, JPMorgan Chase released a research report titled “The Dynamics and Demographics of U.S. Household Crypto-Asset Use.” This report “uses de-identified data covering a sample of nearly 5 million active checking account customers, over 600 thousand of which have conducted transfers to crypto accounts.” These were the four main findings: “Most crypto users made their first transactions during […]

Polkadot (DOT) is falling after rejecting the $5.25 resistance on the 21-day line SMA. Polkadot price long-term analysis: bearish Since December 19, the cryptocurrency has consolidated above the $4.40 support level. Selling pressure has eased as the altcoin consolidates above its current support level. If the bears break the $4.40 support level, Polkadot will fall to a low of $4.00. […]

A key set of crypto tax reporting rules is being delayed until further notice under a decision made by the United States Treasury Department. The rules were supposed to be effective in the 2023 tax filing year, in accordance with the Infrastructure Investment and Jobs Act passed in November, 2021. The new law requires that the Internal Revenue Service (IRS) […]