Bitcoin’s valuation has taken a nosedive. This decline is largely spurred by escalating conflict in the Middle East and increasing fear surrounding the next Federal Open Market Committee (FOMC) meeting. The rising volatility and uncertainty that have taken hold of the market result in record day-to-day price swings. The leading...
XRP is trading $2.15 today, down from highs above $2.40 in recent weeks. The meme cryptocurrency is challenging important technical support levels, after notching its fourth-straight session of declines. This economic downturn is further complicated by the weakness seen across the entire cryptocurrency market, fueled by geopolitical tensions and a...
XRP is an environmentally sustainable digital asset that’s well known for its speed and efficiency to make international payments. In particular, recently it has seen a dramatic price crash. BlockchainShock.com is tracking the market sentiment like a hawk. Our in-depth analysis on the reasons driving XRP’s skyrocketing volatility offers important...
SUI’s latest 10% drop, pulling it down to about $2.97, has the crypto-sphere abuzz. Market cap is quite amazing at $10.09 billion and the trading volume increased by 73% to $1.61 billion traded in the last 24 hours. That type of liquidation volume of $13.39 million is alarming and worrisome....
Pi Coin’s price has declined by nearly 10% over the past day. At the same time, its trading volume surged by 254%, reaching $241.31 million. This change comes during increasing uncertainty in the crypto market, fueled by geopolitical tensions between Iran and Israel, among others. As market volatility spikes, investors...
The United States Senate recently convened a hearing on the growing universe of cryptocurrency. In doing so, they highlighted the desperate need for regulation in this emerging frontier. Here are some of the most important highlights that emerged through the conversations. They each noted the challenges, opportunities, and possible future...
The market of cryptocurrency day trading is a whirlwind, chaotic and always on the move. Quick reflexes, and even quicker algorithms. Thanks to new, advanced AI tools such as ChatGPT and Grok, traders are experiencing the most powerful insight and automation they’ve ever seen. Kwame Nkosi, a blockchain commentator, balances...
Let’s face it, the crypto community can’t resist an exciting hype train. Right now, the AI-powered trading locomotive is barreling down the tracks, with Grok and ChatGPT as its star conductors. Well before you decide to mortgage your home and give Uber all your assets, let’s slow down a moment...
You know, sometimes I feel like I'm watching a rerun of an old movie, only this time, it's playing out in the halls of Congress. The Senate Banking Committee’s recent hearing on the need for comprehensive crypto regulation. It was a bit like a Broadway show. Rather than earnestly seeking...
The recent Senate Banking Committee hearing on regulating the crypto space? If I’m being truthful, it was more like seeing a train wreck go down in slow motion. While senators debated the nuances of defining a digital asset – is it a security, a commodity, or something else entirely? –...
Forget about Wall Street, the exciting disruptor in crypto day trading is cooking up in the crowded streets of Southeast Asia. I'm not talking about hedge fund managers with Bloomberg terminals; I'm talking about the everyday person – the small business owner in Jakarta, the student in Kuala Lumpur, the...
AI tools such as Grok are quickly becoming indispensable tools for crypto traders. They serve as a guide for traders to understand the volatility and nuances of the market. These platforms help traders cut through the noise, gain early sentiment alerts, and make informed decisions faster in the 24/7 world...
The Senate Banking Committee met recently to discuss the rapidly growing, but highly confusing, world of crypto regulation. This upcoming meeting could not be more important at this moment in history. American consumers are losing billions to crypto scams as well, and the U.S. is lagging other countries in establishing...