News with the tag "SCO"

Is the crypto market bracing for another downturn? Recent data from CryptoQuant is raising eyebrows and sparking concern among Bitcoin enthusiasts and investors alike. The Bitcoin Bull Score, a key metric for gauging market sentiment, has plummeted to 20 – its lowest point in two years. This signifi...

Key Takeaways: Investor sentiment is cooling as key on-chain metrics suggest a milder growth phase. Network activity and liquidity trends have eased, hinting at a potential shift in market momentum. Historical patterns show such dips often precede extended corrections in Bitcoin’s price cycle. Bitco...

U.S. Treasury Secretary Scott Bessent says that the US would be going through a financial crisis if it had kept up its spending habits. In a new interview on NBC’s Meet the Press, Bessent says he’s not worried about the current downturn in the stock market, which has wiped out trillions of dollars i...

Given Ethereum ‘s waning performance, despite being the second-largest digital asset, crypto enthusiasts are beginning to demonstrate heightened uncertainty toward ETH. Presently, ETH’s market sentiment has witnessed a significant decline as the altcoin’s weak price action persists, triggered by a b...

Is your crypto startup facing unexpected shutdowns from traditional banks? You’re not alone. A wave of ‘de-banking’ has hit the cryptocurrency world, leaving many businesses stranded and unable to access essential financial services. But now, a powerful move from U.S. Senator Tim Scott is offering a...

U.S. Senator Tim Scott (R-S.C.) has introduced new legislation aimed at addressing the growing issue of debanking practices in the country. The Financial Integrity and Regulation Management Act, or FIRM Act, seeks to eliminate the use of reputational risk as a metric for regulating financial institu...

Is the crypto winter finally thawing? For Ethereum enthusiasts, there’s a glimmer of hope on the horizon. A key on-chain metric, the Ethereum Market Value to Realized Value (MVRV) Z-Score, has just plunged to a 17-month low, a level historically associated with significant undervaluation and potenti...

The industry's ongoing campaign against the debanking of crypto businesses and leaders has secured a legislative push from a top U.S. senator, Tim Scott, who is championing a bill that would cut out federal banking regulators' ability to use "reputational risk" as a reason to steer banks away from c...

Bitcoin’s price has shifted toward an upside direction, allowing it to reclaim the pivotal $90,000 mark after facing heightened bearish and selling pressure over the past few days driven by macroeconomic uncertainty. The flagship asset recently rose to the $94,000 threshold following US President Do...

While Bitcoin ‘s recent upward movements were quite remarkable after struggling with bearish pressure for weeks, the flagship asset’s uptrend was short-lived, leading to a pullback to the $85,200 threshold. During the fluctuating performance, investors seem to have lost interest in BTC as there was ...