Author: News Room

The Litecoin price (LTC) hit a multi-month high in March after breaking through the $100 barrier. The altcoin, however, could not sustain this rise and ended up correcting 25%. At the moment, investors are hopeful for a recovery from these losses, and by the looks of it, LTC might make it back to $100. Litecoin Is in a Good Spot Generally, following a correction, assets are considered to be bearish, and the price action to be followed is expected to be synonymous with a decline. However, Litecoin’s price is looking in the opposite direction, as the altcoin is hinting at…

In a hearing on Capitol Hill, lawmakers considered whether or not the Securities and Exchange Commission needs reform. Representative French Hill, R-AR, brought up the SEC’s recent court loss in its case against Debt Box. The case, in which the defendants claimed that the SEC lied to freeze company assets, was a loss for the regulatory agency after the Utah-based judge sanctioned the agency. “Just in the last few days, a Utah judge imposed sanctions on the SEC for ‘bad faith conduct’ and ‘gross abuse of power’ that the Commission had demonstrated in a case against Debt box. And this…

Robinhood has officially announced global accessibility for its crypto wallet for eligible Android users. The company confirmed the roll out via a blog post on March 20. Robinhood Wallet brings crypto to millions of Android users With Robinhood Wallet now available to all eligible Android users, Robinhood is fulfilling part of its mission to bring crypto to the masses. Android accounts for 70% of the global market share of mobile OS and Robinhood Wallet’s accessibility on these devices means the company could reach millions of crypto users. “Launching Robinhood Wallet on Android is a big step forward in our commitment…

Nakamoto Games achieves Tier 1 exchange listing, signaling major growth. Launch of mobile app, NAKAVERSE 2.0, and Galactic Grail CCG announced. Company pioneers Play2Earn sector with innovative features and developments. In an exciting week for Nakamoto Games, the company proudly announces its achievement of a Tier 1 exchange listing, setting the stage for an exciting new chapter in its growth trajectory. According to the blockchain gaming project’s latest post, this is only the beginning. 🚀 Nakamoto Games Elevates the Game: Tier 1 Listing, Mobile App, NAKAVERSE 2.0, and #GalacticGrail CCG! 🚀This week marks a monumental phase for Nakamoto Games, highlighted…

The price of Bitcoin has recently rallied to add more than $100 billion to its market capitalization after the Federal Reserve decided to maintain interest rates, and Fed Chair Jerome Powell suggested up to three rate cuts could be seen this year. However, even before the Fed’s announcement triggered a BTC price surge, BlackRock, the world’s largest asset manager, quietly revealed the next step in its crypto strategy – a move analysts at Citi predict could create a “$5 trillion market by 2030,” according to Forbes. The world’s asset manager launched a spot Bitcoin exchange-traded fund (ETF) earlier this year…

The US Securities and Exchange Commission (SEC), led by Gary Gensler, is making headlines with its request for a $2.6 billion budget for the 2025 fiscal year. This substantial sum aims to enhance the SEC’s oversight of the crypto sector. The proposed budget highlights the agency’s commitment to expanding its workforce, targeting over 5,000 positions to better police digital assets and emerging technologies. Why the SEC Wants to Attack Crypto? Gensler has emphasized that the budget will be offset by transaction fees, ensuring a deficit-neutral approach. Specifically, the SEC plans to bolster its Division of Examinations with 23 new roles…

Following a notable rejection at the substantial $4K price level, Ethereum underwent a corrective phase, experiencing a significant 25% decline. However, as the price neared the significant support of the 0.618 Fibonacci level, a rebound occurred, suggesting the potential for an impulsive surge. By Shayan The Daily Chart A comprehensive analysis of the daily chart reveals a prevailing bullish sentiment surrounding Ethereum, with the price briefly surpassing the critical and psychological resistance at $4K. However, upon reaching this crucial level, the price encountered intensified selling pressure, resulting in a significant retracement towards the substantial support zone, delineated by the price…

Bitcoin (BTC) has made recent unsuccessful attempts to breach the $70,000 mark, leaving the market speculating about the next price trajectory, especially with the upcoming halving event less than a month away. While there is optimism that the halving will trigger another bullish rally, there remains a segment of the market that is not entirely convinced. In particular, crypto trading expert, Alan Santana, in a TradingView post on March 20 outlined potential correction targets for Bitcoin, shedding light on what could be in store for the maiden crypto. The analyst noted that the recent correction that saw Bitcoin touch the…

Court bars MetaBirkins NFT creator from museum display, citing trademark concerns raised by Hermès lawsuit. Mason Rothschild, the artist behind the controversial MetaBirkins NFT, has been banned from showcasing the pieces at a museum exhibition for Stockholm-based Spritmuseum after Hermès won a trademark lawsuit against them, court documents from March 13 revealed. Spritmuseum’s MetaBirkins NFT Display Would Cause “Deep Concerns,” Judge Says Rothschild (also known as Sonny Estival) was found liable for trademark infringement last month after French fashion house Hermès sued him over the MetaBirkins NFT project. Rothschild claimed the project, which depicted the designer company’s iconic Birkin bag…

A new study by Research and Markets has predicted a spike in the adoption rates ofblockchain technology in the healthcare industry, propelled by increasing use cases for the emerging technology. The report, attempting to forecast the 10-year growth trajectory for blockchain in health, predicts that the technology will have a market share of $1,029.18 billion by 2034. Presently, blockchain’s market share in healthcare is pegged at $3.33 billion, with the report predicting a compound annual growth rate (CAGR) of 68.41% in under 10 years. According to the report, key drivers for the growth include the skyrocketing demand forimproved healthcare data…