Bitcoin price extended its decline below the $41,450 support zone. BTC is showing bearish signs and might struggle to stay above the $40,000 support zone. Bitcoin price is gaining bearish momentum below the $42,500 zone. The price is trading below $42,000 and the 100 hourly Simple moving average. There is a key bearish trend line …
Continue reading “Bitcoin Price Takes Hit, Can Bulls Protect The Main Support at $40K?”
2023 started with a challenging overall landscape for the crypto market that continued throughout the rest of the year. However, the market saw a recovery with a spike in bullish sentiment and ended the year on a positive note. Additionally, 2023 saw a decline in crypto scamming and crypto-related illicit activity compared to the previous …
Continue reading “Down Big: Crypto Scamming Numbers Reduced In 2023 – Report”
Recently, the blockchain intelligence firm ChainArgos brought to light some unsettling findings about the Polygon network. According to ChainArgos, suspicious transaction patterns have emerged, raising questions about Polygon’s adherence to its initial token allocation plan. ChainArgos’ investigation revealed multiple transactions from Polygon’s network to various exchanges seemed “questionable.” Particularly, the firm pointed out “anomalies” in …
Continue reading “Polygon’s Transfer Troubles: Is MATIC Facing A Trust Crisis?”
The Bitcoin price has been moving steadily at its current but failed to meet general expectations. Following the approval of the spot Bitcoin Exchange Traded Funds (ETFs), market participants were expecting potential scenarios. In these potential scenarios, Bitcoin pushed through critical resistance at $48,000 and continued making new highs, or the cryptocurrency retraced to $30,000. …
Continue reading “Bitcoin Price In Danger? This Terrible Story Could Happen Again”
A recent transaction by an XRP whale is currently threatening XRP’s price recovery. This particular address is known to have moved all their XRP holdings worth millions of dollars, a move that the XRP community fears could cause a downturn in the token’s price. Whale Moves Over 443 Million XRP Data from blockchain tracker Whale …
Continue reading “$245 Million Whale Wakes Up To Threaten XRP Price Recovery”
The Myro price is up 45% in the last 24 hours, bringing the cumulative monthly gains to 755% as the Solana-based meme coin trades for […] Go to Source
One cryptocurrency trader has turned $10,000 into more than $1 million via the Troll (TROLL) meme coin after Elon Musk put “(CTO) Chief Troll Officer” […] Go to Source
Binance customers are seeking approval from a Florida federal court to serve soccer star Cristiano Ronaldo with a $1 billion class action law suit through […] Go to Source
One Solana-based (SOL) altcoin is surging just after the top US crypto exchange platform Coinbase announced it would be officially listing it. Earlier this week, Coinbase announced that it would be supporting Hivemapper (HONEY), a decentralized global mapping network built over the Solana blockchain. “Hivemapper (HONEY) is now live on http://coinbase.com and in the Coinbase …
Bitcoin (BTC) saw noticeable losses on Jan. 18, one week after the first Bitcoin spot ETFs began to trade on various exchanges. BTC was worth $41,107 and reported a market cap of $805.8 billion at 9:50 p.m. UTC on Thursday. That decline marks a 3.5% loss over 24 hours. Bitcoin’s current price of $41,107 represents …
Continue reading “Bitcoin drops 3.5% to $41K as spot Bitcoin ETF hype fades, GBTC outflows continue”
Asset manager Roundhill has introduced the first covered call Bitcoin ETF in the U.S. market, according to a press release on Jan. 18. The exchange-traded fund is called the Roundhill Bitcoin Covered Call Strategy ETF. It trades under the ticker “YBTC” on the Cboe BZX exchange. Dave Mazza, Chief Strategy Officer at Roundhill Investments, said: …
Continue reading “Roundhill introduces covered call Bitcoin ETF, a first for the U.S. market”
Building on CryptoSlate’s recent analysis of the competing Bitcoin inflows and outflows between BlackRock and Grayscale, I extrapolated the data even further to see just how long BlackRock could sustain its current average Bitcoin accumulation. At a high level, BlackRock’s entry through Bitcoin ETFs is a substantial moment for Bitcoin’s reputation in the United States. …
The co-founders of the crypto analytics firm Glassnode think Solana (SOL) could outperform Ethereum (ETH) by up to 5x in the current bull run. Glassnode co-founders Jan Happel and Yann Allemann, who share the Negentropic handle on the social media platform X, say the SOL/ETH chart suggests the SOL/ETH ratio could surge. “In other words, …
A widely followed crypto analyst is updating his strategy on Bitcoin (BTC) as the crypto king’s next halving approaches. Pseudonymous crypto trader Rekt Capital tells his 388,300 followers on the social media platform X that BTC is likely to wrestle with resistance for the next few months. “The Macro Diagonal continues to act as resistance History …
The parents of former FTX CEO Sam Bankman-Fried are asking the court to dismiss the lawsuit accusing them of exploiting their access and influence within the now-bankrupt crypto exchange to enrich themselves. In September, the FTX estate sued Stanford Law School professors Joseph Bankman and Barbara Fried to hold them accountable for their alleged misconduct …
