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Connecticut Passes Bill that Bans State from Bitcoin and Virtual Currency Investments
The state of Connecticut has passed a law to prohibit the state from investing in Bitcoin (BTC) or in any other virtual currency. The bill dubbed HB7082 and officially titled “An Act Concerning the Regulation of Virtual Currency and State Investments” imposed a comprehensive ban for the state and local governments from investing into crypto …
Steve Muchoki·11 Jun 20251 min
Price AnalysisUniswap (UNI) Price Surges Over 21% Amid DeFi Renaissance
Uniswap (UNI) price surged over 21 percent in the last 24 hours to trade at about $8.27 on Tuesday, June 10, during the late North American session. The mid-cap altcoin, with a fully diluted valuation (FDV) of about $8.24 billion, recorded a 400 percent surge in its daily average traded volume to about $1.16 billion …
Steve Muchoki·11 Jun 20251 min
NewsSEC Asks for Revised S-1 Forms in Solana ETF Push: What Next for SOL Price?
The United States Securities and Exchange Commission (SEC) has requested prospective fund managers seeking to offer spot Solana (SOL) exchange-traded funds (ETFs) to amend their S-1 forms within the next week. According to people familiar with the matter, the U.S. SEC intends to make comments on the amended submission of the S-1 forms within the …
Steve Muchoki·11 Jun 20252 min
Price AnalysisAvalanche ($AVAX) Price Analysis and Short-term Forecast
Avalanche ($AVAX) is one of the top altcoin under the radar of more institutional investors seeking to diversify crypto portfolios. The mid-cap altcoin, with a fully diluted valuation of about $10 billion and a 24-hour average trading volume of around $565 million, gained over 2 percent on Tuesday to trade about $21.92 during the mid-North …
Steve Muchoki·11 Jun 20251 min
Top Reasons Why Ethereum (ETH) Price Will Reach $2,800 This Week
As Bitcoin (BTC) price rallied above $110k on Monday, June 9, Ethereum (ETH) price jumped over 7 percent in the last 24 hours to trade about $2,686 during the late North American trading session. The large-cap altcoin, with a fully diluted valuation of about $323 billion and a 24-hour average trading volume of around $19 …
Steve Muchoki·10 Jun 20252 min
Top Reasons Why Bitcoin (BTC) Price Rebounded Above $110k Today
After teasing further corrections last week following the relationship fallout between Elon Musk and President Donald Trump, Bitcoin (BTC) price has strongly rebounded. The flagship coin rallied over 4 percent in the last 24 hours to reach a local high of about $110,260, less than 2 percent from its all-time high, on Monday, June 9 …
Steve Muchoki·10 Jun 20252 min
Key Takeaway Points from SEC Chair Paul Atkin’s Remarks at the Crypto Task Force Roundtable Today
The chairman of the United States Securities and Exchange Commission (SEC), Paul Atkinson, delivered remarks at the agency’s Crypto Task Force roundtable on Decentralized Finance (DeFi). During Monday’s roundtable in Washington D.C. titled ‘DeFi and the American Spirit’, Atkins acknowledged the importance of clear regulatory frameworks to enable a seamless growth of DeFi protocols in …
Steve Muchoki·10 Jun 20251 min
Paraguay Government Says President Santiago Peña’s X Account Got Hacked to Promote Bitcoin Scam
The Paraguay government asked its citizens, on Monday, June 9, to ignore X posts made through the official account of President Santiago Peña. Earlier on Monday during the mid-North American trading session, the X account for President Peña indicated that Paraguay had adopted Bitcoin as a legal tender in addition to creating a strategic BTC …
Steve Muchoki·10 Jun 20251 min
Price AnalysisEthereum (ETH) Price Prediction: Can Rising Demand from BlackRock Fuel Bullish Momentum?
Ethereum (ETH) price experienced a similar volatility to Bitcoin (BTC) in the past 24 hours, following the feud between Elon Musk and U.S. President Donald Trump. The large-cap altcoin, with a fully diluted valuation of about $300 billion and a 24-hour average trading volume of about $18.5 billion, rebounded from a crucial support level of …
Steve Muchoki·7 Jun 20252 min