Author: News Room

The United States Department of Justice (DOJ), joined by 16 state attorney generals, filed an antitrust lawsuit against tech giant Apple, claiming its app store rules create a monopoly that hampers competition and stifles innovation. The lawsuit argues that practices such as forcing developers to use Apple’s payment system and restricting them through various rules […] Read the full article here

A closely followed crypto analyst is expressing bullish sentiment on Dogecoin (DOGE) as he forecasts the potential path forward for Bitcoin (BTC). Starting with Dogecoin, the analyst pseudonymously known as DonAlt tells the 58,200 subscribers of the TechnicalRoundup YouTube channel that it “isn’t too unlikely” for the leading memecoin by market cap to reach a price of $1, a potential gain of roughly 554% from the current level. Dogecoin is trading at $0.153 at time of writing. The pseudonymous analyst says that he is bullish on Dogecoin due to the memecoin’s recent price action against Bitcoin which suggested strong support.…

The spread between next-month and front-month bitcoin futures contracts can offer insights into the level of speculation in the market, one analyst. An above $1,000 spread on the CME has marked previous bull market tops. The spread recently widened beyond $1,000. Speculative frenzy, or periods of intense speculation characterized by irrational exuberance and greed, is an infamous sign of an impending market top. However, tracking signs of speculative frenzy in the bitcoin (BTC) market requires access to and understanding of sophisticated indicators like perpetual funding rates and social trends. But there is another surprisingly more straightforward way: tracking the spread…

InsurAce and Velo Labs have announced a collaboration in a major blockchain move. This marks a turning point in blockchain and decentralized finance (DeFi). This strategic partnership brings together two innovative platforms that want to change digital assets and financial services. 🔒 We’ve partnered with @InsurAce_io to enhance your blockchain utility and security 🔒 🛡️ InsurAce, a decentralized insurance protocol, protects your digital assets from risks like hacking and smart contract bugsBetter safe than sorry!#Velo #DeFi #Blockchain #Insurance pic.twitter.com/jPguGUqNk0 — Velo Official (@veloprotocol) March 20, 2024 InsurAce and Velo Labs Enhance User Experience InsurAce is the best decentralized insurance protocol…

The Cardano blockchain settled a transfer of over $840 million worth of assets with a mere $0.5 fee, a lower figure than most blockchains and traditional systems. The Cardano network recently showcased its ability to settle transactions with low fees by facilitating the transfer of over $840 million in ADA for just five cents, a feat that would have been unimaginable with traditional financial systems. The transaction occurred on March 20, with the user transferring 1.32 billion ADA. The value brought the balance on the receiving address to 1.73 billion ADA ($1.07 billion), which it still holds at the time…

Ethereum price is attempting a recovery wave above the $3,500 zone. ETH must clear the $3,580 resistance to continue higher in the near term. Ethereum started a decent recovery wave above the $3,350 zone. The price is trading above $3,450 and the 100-hourly Simple Moving Average. There was a break above a short-term bullish flag pattern with resistance at $3,480 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to rise if it settles above the $3,580 resistance zone. Ethereum Price Holds Support Ethereum price started a decent upward move above the $3,250 and $3,350…

Leading crypto exchange Bitrue has further expanded its support for XRP by introducing eight new spot-based trading pairs for the sixth-largest cryptocurrency by market cap. The eight crypto assets paired with XRP include Shiba Inu (SHIB), Pepe (PEPE), Bonk (BONK), Uniswap (UNI), Worldcoin (WLD), ORDI (ORDI), Xahau (XAH), and Optimism (OP). Although the exchange released the list of the new pairs last week, it called attention to the development today in a tweet. 🔥 #Bitrue has launched 8 new $XRP base spot trading pairs! ✅ $XAH, $PEPE, $SHIB, $BONK, $UNI, $WLD, $ORDI and $OP are now available for trading 👉…

Dark Defender, a prominent market watcher in the XRP community, has updated his timeline for when he expects XRP to surpass the $1 mark and potentially exceed it to $2.3. The analyst shared the update via X, spotlighting the accuracy of his recent price projection for XRP. Hi there, here is your 1 Day Time Frame Update. #XRP was $0.58 on 28 Feb. We expected XRP to hit: 1. $0.6462 on 1-Mar ✅2. $0.77-$0.92 on 13-Mar ✅($0.75)3. $1 in April, in progress Based on the new high of $0.75, the targets are updated as follows: Fibonacci Levels:… pic.twitter.com/35ks68rLFq — Dark…

The United Kingdom can learn from what other countries have gotten right — and wrong — with digital asset regulation, policymakers said Wednesday. “We have such an opportunity in the UK because we’ve seen what’s happening in the [European Union]…and indeed to a large extent what isn’t happening in the United States,” Lord Chris Holmes, member of the UK House of Lords, said Wednesday. Lord Holmes appeared alongside Dr. Lisa Cameron, Member of UK Parliament, during a panel discussion at the Blockworks Digital Asset Summit in London. The two agreed that establishing clear, effective innovation quickly is essential. Read from…

Trezor, a famous hardware wallet developer who stores private keys, has recently experienced a breach into his X account. While addressing the respective issue, the company said that it took instant measures to secure the account without any compromise on the security of the products. 🚨Update on our X account security incident🚨Earlier this week, we experienced a breach of our X account due to a sophisticated phishing attack.Immediate actions were taken to secure our account & no product security was compromised.For more,👉 https://t.co/ZZOHSNtI9u — Trezor (@Trezor) March 21, 2024 Attacker Shares Malicious Posts on Trezor’s X Account after Breaching It…