Cryptocurrency strategist Benjamin Cowen is weighing in on the potential performance of Ethereum (ETH) relative to Bitcoin (BTC) going forward. In a new YouTube video, Cowen tells his 783,000 subscribers that the Bitcoin dominance chart (BTC.D), which tracks how much of the total crypto market capitalization belongs to BTC, appears to be on a strong …
Monthly archives: May 2023
Benjamin Cowen Issues Bitcoin Warning, Says BTC Replicating 2019 Correction Pattern
Widely followed crypto analyst Benjamin Cowen is warning that Bitcoin (BTC) may be repeating a 2019 price formation that led to a market correction. In a new strategy session, Cowen tells his 783,000 YouTube subscribers that the 100-day simple moving average (SMA) could determine whether Bitcoin will decline as it did in 2019. He notes …
Solana (SOL) Price Should Be ‘Bare Minimum’ 3x Higher, According to InvestAnswers
A popular crypto analyst thinks that the Ethereum (ETH) competitor Solana (SOL) is dramatically undervalued. In a new update, the anonymous host of InvestAnswers tells his 444,000 YouTube subscribers that the number of daily active addresses on Solana rivals that of Ethereum, yet it is currently only worth 1/25th of ETH’s market cap. “[Solana] does way …
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Negative Crypto Sentiment Pervades Institutions, Bitcoin, and Altcoins Witness Sell-Offs: CoinShares
Digital assets manager CoinShares says institutional investors are weathering negative sentiment on the market as Bitcoin (BTC) and altcoins suffer major outflows for the sixth week in a row. In its latest Digital Asset Fund Flows Weekly Report, CoinShares finds that institutional investors sold off $39 million in crypto holdings last week, with trading volumes remaining low. …
Crypto exchange Bybit exits Canada, citing ‘recent regulatory development’
Headquartered in Dubai, Bybit plans to leave Canada while exploring expansion into new markets like Kazakhstan. News Join us on social networks Cryptocurrency exchange Bybit has announced it will be pausing its products and services to residents and nationals of Canada following certain developments in the regulatory space. In a May 30 blog post, Bybit …
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Some SBF charges will be dropped if Bahamas objects, U.S. prosecutors say
The charges relating to Sam Bankman-Fried’s alleged bank fraud, operating an unlicensed money transmitter service and bribing Chinese officials may be dropped. News Join us on social networks United States prosecutors will drop some of the charges against former FTX CEO Sam Bankman-Fried if the Bahamas government objects to them, according to a document filed …
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Bitcoin on-chain and options data hint at a decisive move in BTC price
BTC’s historically low volatility could abruptly change in June, with long-term holders making moves and options traders showing an uptick in bearish positions. Markets News Join us on social networks Bitcoin’s volatility has dropped to historically low levels thanks to macroeconomic uncertainty and low market liquidity. However, on-chain and options market data allude to incoming volatility …
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US district judge sends matter of FTX independent examiner to appellate court
A bankruptcy judge denied a motion for an independent examiner in February, leading to an appeal that may now go to the U.S. Court of Appeals for the Third Circuit. News Join us on social networks A United State district judge has referred a motion requesting the appointment of an independent examiner for bankrupt crypto …
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FTX Prosecutors May Drop Criminal Charges Against Sam Bankman-Fried
U.S. prosecutors have stated that they may drop some of the criminal charges filed against Sam Bankman-Fried. The charges would be dropped if the Bahamas deems that they violate the terms of the FTX founder’s extradition. Additional charges, including bank fraud conspiracy and foreign bribery, were added to SBF’s indictment after extradition. The prosecutors have …
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Top 3 Presales To Get In Right Now – 25x Potential
There are presently three new blockchains on presale, and each of them has the potential to become the cryptocurrency industry’s next big thing. This project […] Go to Source
BKEX has Frozen Customer Withdrawals as the Police Investigate Money Laundering
One of the biggest concerns involving digital asset misuse is that cryptos could be used in money laundering. As the police investigation led the authorities […] Go to Source
Russian Lawmakers Gave Up on Trying to Launch a State-Run Crypto Exchange
After initially trying to create a state-owned crypto exchange, Russian lawmakers have decided to drop these plans in exchange for developing rules and regulations for […] Go to Source
Cartesi Price Prediction for Today, May 30: CTSI/USD Bulls May Target $0.210 Level
The Cartesi price prediction may lack short-term, but if the price increases, the coin is likely to face moderate volatility in the market soon. Cartesi […] Go to Source
MetaZone Secures Funding To Expand the World’s First Tokenized App Platform for the Metaverse
May 30, 2023 – Singapore, Singapore MetaZone announced today the completion of its $3 million seed round co-led by metaverse industry leaders Sfermion and CMT Digital to expand their tokenized app platform pioneering the META (Metaverse Enabled Tokenized Application). Top Web 3.0 funds Tess Ventures, IOSG Ventures, IVC (Infinity Ventures Crypto), Polygon Studios, MHC Digital and …
Trader Who Accurately Called 2023 Crypto Rally Predicts Massive Litecoin (LTC) Surge – Here’s His Forecast
A trader who skillfully rode this year’s crypto turnaround is updating his outlook on the peer-to-peer payments network Litecoin (LTC). Pseudonymous crypto strategist DonAlt tells his 486,900 Twitter followers that he believes that the time is ticking for Litecoin to make a move. According to the crypto analyst, Litecoin could rapidly surge by over 100% …