Author: Judith Faith

Profile picture of Judith Faith

Judith Faith

Judith Faith has been writing about cryptocurrencies and blockchain technology for over five years. She is well versed in the industry and has an extensive network of industry contacts. She is also a frequent contributor to various cryptocurrency publications. With her vast knowledge and experience, she is able to provide insightful and valuable content to her readers. Judith is also an active investor in the cryptocurrency space and has a vested interest in the success of the industry.

Articles by Judith Faith

The price increase of Ethereum to $2402 reflects a strong bullish outlook

Ethereum (ETH) surpasses $2,400, Surging 1.7% in the last 24 hours

5 months ago 1 min read

Recent market trends paint a positive picture for Ethereum (ETH), implying that the popular crypto may be entering a period of growth. The price increase of Ethereum to $2,402 reflects a strong bullish outlook, driven by a number of factors that have piqued the interest of investors. VanEck, an investment firm, published a report outlining 15 projections for the cryptocurrency landscape in 2024. While discussing Ethereum’s potential to surpass Bitcoin, the report takes a nuanced approach, implying that despite significant gains, Ethereum may fall short of “flipping” Bitcoin. Technically, Ethereum’s performance remains positive, with a strong bullish trend supported by

Former SEC Official Expresses Concerns Over Binance Settlement: Predicts Inevitable Collapse

Former SEC Official Expresses Concerns Over Binance Settlement: Predicts Inevitable Collapse

5 months ago 2 mins read

Binance, the world’s largest crypto exchange, and its former CEO Changpeng Zhao (CZ) recently reached an agreement with the United States government. However, the implications of the agreement are raising eyebrows, with former SEC official John Reed Stark expressing serious concerns about Binance’s future and compliance efforts. Stark believes that, despite the settlement, CZ’s guilty plea to anti-money laundering charges may not provide Binance with the expected relief. Stark mentioned an interview with Binance’s new CEO, Richard Teng, in a recent post on X (formerly Twitter). Teng took over after CZ’s guilty plea and a significant $4.3 billion legal settlement

Robinhood sees a 75% increase in crypto trading volume in November

Robinhood sees a 75% increase in crypto trading volume in November

5 months ago 1 min read

Robinhood has seen a significant increase in crypto trading volume, with a 75% month-on-month increase in November. This surge, which was reported in a Form 8-K filing with the US Securities and Exchange Commission on December 4th, represents a significant turnaround for Robinhood after it reported a 55% year-over-year decline in crypto notional volumes in its Q3 results. According to the filing, Robinhood’s crypto notional trading volumes for November were 75% higher than in October. This surge in crypto activity is notable, particularly when compared to relatively unchanged trading volumes for stocks and options contracts during the same time period.

South Korean Financial Authorities Call for Disclosure of Unauthorized Crypto Exchanges

South Korean Financial Authorities Call for Disclosure of Unauthorized Crypto Exchanges

5 months ago 1 min read

South Korean financial authorities issued an update on December 4th, urging consumers to report any unauthorized crypto exchanges operating in the country. This collaborative effort is being led by the South Korean Financial Intelligence Unit (FIU) and the Digital Asset Exchange Association (DAXA), which includes prominent exchanges such as Upbit, Bithumb, Coinone, Korbit, and Gopax. According to the authorities, the collection of these records is intended to identify both domestic and foreign operators of virtual asset businesses who may be providing services to Korean customers in violation of Article 7 of the Specific Financial Information Act. To carry out this

Arbitrum (ARB) could reach $6 in 2024

Will Arbitrum (ARB) reach $6 in 2024?

5 months ago 2 mins read

Arbitrum, Ethereum’s layer-2 scaling solution, has emerged as a game changer in the crypto space. This scaling solution, developed by New York-based Off-chain Labs, has gained significant traction since its mainnet launch last year. Let’s look at its features, adoption, and price predictions for 2024. Arbitrum’s Function and Success Arbitrum, as a layer-2 scaling solution, reduces congestion on the Ethereum blockchain by facilitating efficient and cost-effective transactions. This is accomplished by validating transactions independently and integrating them into the main chain. Its success can be seen in the number of developers who use its solutions to host decentralized applications (dApps).

Can Bitcoin (BTC) reach $40,000 before December?

Can Bitcoin (BTC) reach $40,000 before December?

5 months ago 1 min read

Despite significant volatility throughout the year, Bitcoin has recovered a significant portion of its losses from the 2022 market crash. Bitcoin’s price is currently over $38,200, representing a 130% increase from its value on January 1, 2023. While this recovery is noteworthy, crypto has recently experienced fluctuations. Some market analysts believe Bitcoin’s current rise is only the beginning and that it will soon reach new highs. The impending halving and the potential approval of a spot Bitcoin ETF in the United States are cited as potential catalysts for the next bull run. Analysts have noticed an interesting trend in Bitcoin

Binance witnessed increased FUD following CEO ChangPeng Zhao's resignation with a substantial outflow of over $100 million in USDT

Binance Witnesses Significant USDT Withdrawals Amidst Spreading FUD

5 months ago 1 min read

Binance witnessed increased FUD (Fear, Uncertainty, Doubt) following CEO ChangPeng Zhao‘s resignation, with a substantial outflow of over $100 million in Tether (USDT). This withdrawal, the largest in three months, raises concerns about the stability of the exchange. BNB (Binance Coin) had a 10% decline in value, fighting to return to $250 and now hovering around $233. The Relative Strength Index (RSI) indicates a bearish trend, but a recent rise in transaction volume, which exceeded $2 billion, suggests some stability. Despite these obstacles, Binance maintains its lead in daily transactions, with a 24-hour trading volume over $11.7 billion, much above

Bitcoin Surges to $38,000

Bitcoin Soars Beyond $38,000, Reflecting Growing Investor Confidence

5 months ago 1 min read

Bitcoin (BTC) has reached a milestone, hitting $38,000, marking its highest level since May 2022. Over the past week, the leading crypto has witnessed a 7% surge, and its 30-day gains stand at an impressive 10%. Investor interest in the crypto markets is on the rise, notably among major digital asset funds. This renewed enthusiasm is fueled by expectations surrounding the potential approval of a Bitcoin Exchange-Traded Fund (ETF) in the United States. The prospect of a regulated Bitcoin ETF could attract traditional investors to the crypto space. Last week, crypto products experienced a substantial influx of funds, with $176

Amid Whales' Optimism and FTX 2.0 Anticipation

FTX exchange’s FTT Token surges by over 22%

5 months ago 1 min read

FTT, the native token of the now-defunct crypto exchange FTX, has seen a significant price increase, rising more than 22% in the last 24 hours. The extraordinary growth, particularly in the last 10 days, corresponds with significant accumulation by the top ten whale wallets. According to Santiment data, FTT holders are profiting from recent FTX developments, particularly in light of the ongoing Binance saga. The top ten wallets have collectively acquired an impressive $12.8 million in FTT in just 19 days, indicating strong market optimism among influential players. This increase in the price of FTT is attributed to FTX’s strategic

Genesis Global Capital Seeks $689M in Lawsuit Against Gemini Trust Amid Bankruptcy

Crypto lender Genesis Global Capital sues its ex-partner Gemini Trust for $689 million

5 months ago 1 min read

Genesis Global Capital, a crypto lender, has filed a $689 million lawsuit against its former partner, Gemini Trust, in the latest legal battle within the crypto industry. The lawsuit claims that Gemini withdrew funds unfairly, causing harm to other creditors, and Genesis is asking the court to intervene. The origins of this conflict can be traced back to the demise of FTX, which resulted in Genesis, a subsidiary of Digital Currency Group (DCG), declaring bankruptcy in January. In July, Gemini filed a lawsuit against DCG, which DCG called “defamatory.” Following that, Genesis counter-sued DCG in September, seeking nearly $600 million

After an unsuccessful attempt to break above $1.25, the price of the Arbitrum (ARB) token has retraced to around $1.

Arbitrum (ARB) price has retraced toward $1: Will ARB dump?

5 months ago 1 min read

After an unsuccessful attempt to break above $1.25, the price of the Arbitrum (ARB) token has retraced to around $1. The actions of well-known crypto whales are primarily to blame for the recent price struggles of ARB, as on-chain analysis illuminates the dynamics of the market. ARB has had difficulties over the last week, and the fact that major crypto whales were involved in a selling frenzy has increased the unpredictability of its future price movements. The Arbitrum price’s rejection of the $1.20 region was accompanied by a discernible change in attitude among major investors in the Arbitrum ecosystem. A

The XRP Ledger

The XRP Ledger completes its 84 millionth ledger transaction

5 months ago 1 min read

The XRP Ledger, the foundational blockchain for the XRP crypto, has reached an important milestone by completing its 84 millionth ledger transaction. XRPScan analytics show that the current ledger count exceeds 84 million, a significant achievement just six weeks after the ledger completed its 83 millionth transaction in early October. This rate corresponds to about 1 million new ledgers per month. This continued growth underscores the XRP Ledger’s rapid adoption and continuous innovation as the third-largest blockchain by market capitalization, after Bitcoin and Ethereum. With new developments on the horizon, the XRP Ledger is ready for even more progress. Two

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