Author: coinadrenaline
Yesterday, Rep. Jordan Pace reintroduced Bill H. 4256, The “Strategic Digital Assets Reserve Act Of South Carolina”, into South Carolina’s House of Representatives. Highlights from the bill include the fact that it enables the State Treasurer to invest up to 10% of the funds under the state’s management into digital assets, including bitcoin, and that the state’s Strategic Digital Assets Reserve can include up to one million bitcoin. The bill also states that the reason for establishing such a reserve is because “inflation has eroded the purchasing power of assets held in state funds” and that “bitcoin, a decentralized digital…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The Ethereum price will be happy to see March come to a close after posting one of its worst first-quarter performances ever. According to CoinGlass data, the price of ETH is down by nearly 50% in the last three months. While much of ETH’s struggles can be pegged to the uncertain climate of the general market, it is difficult to ignore its underwhelming performance even in the thick of the bull run. These struggles suggest the existence of deeper-lying issues with the second-most valuable crypto ecosystem. Reasoning…
Concerns over a global trade war continue to pressure traditional and cryptocurrency markets as investors brace for a potential tariff announcement from US President Donald Trump on April 2 — a move that could set the tone for Bitcoin’s price trajectory throughout the month.Trump first announced import tariffs on Chinese goods on Jan. 20, the day of his inauguration as president.Global tariff fears have led to heightened inflation concerns, limiting appetite for risk assets among investors. Bitcoin (BTC) has fallen 18%, and the S&P 500 (SPX) index has fallen more than 7% in the two months following the initial tariff…
South Africa’s financial services industry watchdog has issued a warning against unlicensed crypto trading firms accused of soliciting public funds while promising unrealistic returns of up to $542 per day. Unlicensed Crypto Firms Use Celebrity Names to Promote Offerings South Africa’s financial services industry watchdog, the Financial Sector Conduct Authority (FSCA), has issued a public […]
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Ethereum’s attempt to regain bullish momentum has hit a roadblock, as the price failed to break through the crucial $2,160 resistance level. After showing signs of recovery, ETH faced strong selling pressure at this key level, preventing a sustained…
Cryptocurrency trader and analyst Ali Martinez is leaning bullish on an altcoin that’s less than two months old while unveiling his forecast for XRP (XRP) and Sui (SUI). Martinez tells his 134,300 followers on the social media platform X that the native token of Berachain (BERA), the newly launched crypto project focused on decentralized finance (DeFi), could go up by up to 70% if the altcoin manages to break above a key resistance level. “Berachain is up 65% in the past two weeks and is now testing the upper boundary of this channel. A breakout here could open the gates…
Bitcoin price extended its decline on March 28, falling for a fourth consecutive day to paint an intra-day low of $83,387. BTC’s (BTC) decline mirrored the Wall Street sell-off, where the DOW closed 700 points lower, alongside the S&P 500 index, which dropped 112 points. The sell-off in equities is widely attributed to investors increasing worries over inflation after the core Personal Consumption Expenditures index data from February rose to 2.8% (a 0.4% monthly increase), which was higher than expected. S&P 500 drops $1 trillion in market cap value. Source: X / The Kobeissi LetterThe sell-off was further amplified by the markets’…
The average stablecoin liquidity per token declined from $1.8 million in 2021 to just $5,500 in March 2025, a 99.7% drop, forcing protocols to demonstrate sound reasons for investors to hold.According to a recent report by research firm Decentralised, the drop illustrates how rising token issuance, now surpassing 40 million assets, has diluted available capital without a corresponding increase in demand or user retention.The report frames this trend as evidence of a zero-sum dynamic in crypto capital allocation, where the influx of new tokens outpaces the expansion of capital pools, resulting in lower liquidity, weaker communities, and diminished engagement. Without durable…
Bitcoin’s price is currently at $85,288, with a market cap of $1.69 trillion and a 24-hour global trade volume of $30.19 billion. Throughout the past day, bitcoin has traded within a range of $84,784 to $87,723, reflecting a volatile market. Technical indicators across multiple timeframes suggest a prevailing bearish sentiment, with key oscillators and moving […]
Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked on a journey that would lead him to become one…