Category: Crypto

In a turnaround, the Solana price has affirmed a break above the $160 multi-month resistance, with a 5.84% jump. This critical level has bound SOL in consolidation since July, making a further move to the coveted $200 mark seem attainable.
The post Solana Price Analysis: Multi-Month Resistance Break Paves SOL’s Path to $200 appeared first on Cryptonews. …

A new report by a16z crypto, a venture capital firm focused on Web3 startups, reveals significant progress in the crypto industry across policy, decentralization, and consumer adoption.
The post Crypto Makes Big Strides in User Growth, Stablecoin Adoption, and DeFi: a16z Crypto Report appeared first on Cryptonews. …

In response to growing criticism of its stringent registration rules for cryptocurrency firms, the UK’s Financial Conduct Authority (FCA) has defended the policies, stating that they are necessary to maintain the integrity of the financial system.
The post UK’s FCA Defends Strict Crypto Stance to Combat Illicit Activities appeared first on Cryptonews. …

The Indonesian Commodity Futures Trading Regulatory Agency (Bappebti) has extended the deadline for crypto exchanges to obtain a Physical Crypto Asset Traders (PFAK) license until late November 2024, allowing more time for compliance with updated regulations.
The post Indonesia Extends Deadline for Crypto Exchange Licenses appeared first on Cryptonews. …

The XRP price has jumped by 2.5% in the past 24 hours, with its rally today potentially being the start of a long-awaited breakout.
The post XRP Price Analysis: Six Failed Breakouts in a Row – What’s Blocking the Bullish Reversal? appeared first on Cryptonews. …

Over the past 24 hours, the Bitcoin price has made another key advancement, pushing past the resistance at $69,000, though it has since retraced. One analyst, however, thinks the push could go much further, noting a breakout from a multi-month downtrend in its early stages.
The post Bitcoin Price Forecast: Analyst Warns BTC Amid Major Breakout as Resistance Weakens  appeared first on Cryptonews. …

Yuichiro Tamaki, Japanese DPP party leader, proposed clear crypto tax cuts and regulatory framework.
The post Japan’s DPP Party Head Proposes Crypto Tax Cuts, Regulatory Reforms appeared first on Cryptonews. …

Ripple’s XRP, one of the most prominent cryptocurrencies, has demonstrated notable resilience despite renewed regulatory challenges.
The post XRP Serves as Bellwether for How Regulators Interact With Crypto, Says Analyst appeared first on Cryptonews. …

Crypto influencer Jaypeg faces accusations of scamming the “Uptober” meme coin project by promoting it for personal gain, allegedly selling tokens received in exchange for promotion while denying involvement and deleting transaction evidence.
The post Crypto Influencer Jaypeg Accused of “Uptober” Meme Coin Pump and Dump appeared first on Cryptonews. …

Bitcoin derivatives have reached new heights as open interest (OI) in Bitcoin futures hit an all-time high of $40.5 billion on October 21.
The post Bitcoin Futures Open Interest Hits Record $40.5 Billion, Reports CoinGlass appeared first on Cryptonews. …