Widely followed on-chain analyst Willy Woo believes that Bitcoin (BTC) is almost ready for a burst to the upside. Woo tells his one million Twitter followers that Bitcoin’s fundamental strength indicator (FSI) is flashing a signal that suggests the crypto king is nearly done with its re-accumulation phase. The FSI is a metric created by …
Monthly archives: July 2023
Bitcoin can still hit $19K, warns trader ahead of BTC price ‘big move’
BTC price should see a serious shake-up in the coming days, but Bitcoin market participants are increasingly worried it will be to the downside. Market Update Join us on social networks Bitcoin (BTC) threatened fresh downside over the weekend as markets geared up for the July 23 candle close. BTC/USD 1-hour chart. Source: TradingView $19,000-$23,000 …
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Nigerian central bank adds NFC upgrade to eNaira for contactless payments
The central bank reportedly emphasized that the addition of NFC technology will play a crucial role in boosting the adoption rates for the CBDC. News Join us on social networks Despite the former governor’s ousting nearly two months ago, the Central Bank of Nigeria (CBN) continues to be committed to its central bank digital currency …
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SEC’s appeal won’t be a setback for XRP holders — Pro XRP lawyer
John Deaton elaborated on the possible scenarios and intricacies of enforcing the summary judgment. News Join us on social networks Amid speculations that a potential appeal by the United States Securities and Exchange Commission (SEC) could negatively impact the crypto market, Pro-XRP lawyer John Deaton has made it clear that even in the event of …
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Evidence of crypto usage by ISIS is ‘mounting’ — TRM Labs
Blockchain intelligence platform TRM Labs revealed that USDT on the Tron network is the primary choice for transactions among ISIS affiliates across Asia. News Join us on social networks Blockchain intelligence platform TRM Labs recently released a report highlighting the escalating use of cryptocurrency by the Islamic State of Iraq and Syria (ISIS) affiliates across …
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Terra interim CEO says any ‘little progress’ made gets derailed by accusations
Terraform Labs recently appointed CEO, Chris Amani, held a Twitter Spaces with the purpose of separating the operations of Terraform Labs from Do Kwon’s personal affairs. News Join us on social networks Terraform Labs faces a “big hill to climb” as the progress of its various projects in development are constantly being impeded by frequent …
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US Banks Are Abruptly Freezing Accounts, Halting Withdrawals Without Warning or Explanation: Report
US banks are increasingly closing customers’ accounts and freezing withdrawals without warning, according to a new report. A growing number of people say they’re abruptly losing access to both their checking and savings accounts, reports CBS Los Angeles. The report cites the sudden account closure of Elad Nehorai, who received an ominous alert while logging …
Liquidity Layer Project Built on Solana (SOL) Surges More Than 63% This Week As New DApps Roll Out in Ecosystem
A liquidity layer project built on Solana (SOL) has ripped by more than 63% in the past seven days as its ecosystem continues to power more decentralized apps (DApps). HXRO (HXRO) is trading around $0.195 at time of writing, up from around $0.119 one week ago. The 243rd-ranked crypto asset by market cap is down …
Why Robinhood Dominates the Millennials Market and not Coinbase or Square
Robinhood is pretty much on a roll, flushed with a reported $200 million in extra funding. The investment app has as much firepower as it […] Go to Source
A Look at Ultra’s Upcoming Web3 Marketplace for Gamers
NFT and Web3 marketplaces have been gaining in popularity over the last couple of years, with new entrants competing for users but also carving their […] Go to Source
India to Launch A CBDC, Proposes to Ban Private Cryptocurrencies
The Indian government is proposing a plan to ban all private cryptocurrencies in the country. The authorities are also planning to introduce a central bank […] Go to Source
US Government Agencies Asks for Information on Crypto Transaction Tracking Tools
The US Army and the US Department of Defense recently requested information on tools that could be used for tracking cryptocurrencies. The tools must be […] Go to Source
Bitcoin Will Reach $175,000 If Prices Break Above This Rising Channel, Trader Claims
Bitcoin’s six-year range inside a rising channel has drawn the attention of a curious but optimistic analyst. Previewing the price chart shows that the coin has been in range over the years, capturing all of its volatility. Despite occasional dumps and pumps, the structure is yet to be broken. By the time the screenshot was shared on …
From Polygon NFT Wins To MATIC Gains: Understanding The Connection
Polygon has recently witnessed a remarkable surge in its non-fungible tokens (NFTs) sales volume and the influx of sellers participating in this burgeoning market. This growth in the NFT sector has sparked considerable interest and speculation among investors, prompting many to ponder the potential impact it may have on the price of MATIC, the native …
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Maker (MKR) Surges 26% In A Week As Token Buyback Program Goes Live
In the past week, Maker (MKR) token has captured significant attention in the crypto market, surging an impressive 26%. This remarkable price action coincides with the introduction of a groundbreaking token buyback program by the leading decentralized finance (DeFi) lending platform, MakerDAO. As the DeFi ecosystem continues to expand, Maker (MKR) stands out as one …
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