An analyst who rode the crypto rally at the start of 2023 believes that Bitcoin (BTC) is one resistance level away from rallying to $60,000. In a video update, crypto strategist DonAlt tells his 56,800 YouTube subscribers that the price area between $44,000 and $45,000 is the only supply level stopping Bitcoin from witnessing a …
Monthly archives: February 2024
Altcoin Markets Gearing Up for Q1 Hype Cycle Amid Strong Performance of Ethereum-Based Altcoin, Says Analyst
A closely followed crypto strategist believes that the altcoin markets may be setting up for a strong surge in the coming weeks. Pseudonymous analyst Rekt Capital tells his 394,800 followers on the social media platform X that the altcoin hype cycle in Q4 of 2023 was largely driven by the bullish price action of the …
Bitcoin Holders Moving Big: Number Of Whale Wallets Reaches Highest Count In 15 Months
Bitcoin, the largest crypto asset, is currently at a standstill from the viewpoint of many investors considering current market factors. The crypto mostly traded between $41,000 and $45,500 last week after recovering from a brief dip below $40,000 on January 23. Although the price action has been underwhelming, on-chain data indicates that large holders have …
Chainlink Price Stalls As $287 Million Worth Of LINK Makes Its Way To Binance
The price performance of Chainlink is one of the previous week’s biggest narratives, rivaling Bitcoin making its way above $43,000 again. According to data from CoinGecko, the altcoin recorded a significant 25% price increase in the last seven days. However, the price of LINK seems to be slowing down, as it keeps struggling to hold above …
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WHAT IS XRP LEDGER (XRP)?
XRP Ledger, created by Ripple Labs Inc., is an open-source blockchain technology and digital asset. This means that developers can contribute to its development and enhance its functionality. XRP serves as the native cryptocurrency of the XRP Ledger and is the commonly recognized name for it. The XRP Ledger is purposefully designed to enable swift, …
The $50K Quest: Bitcoin Oracle’s Pre-Halving Proclamation Sparks Excitement
As the eagerly awaited Bitcoin halving event approaches in April, cryptocurrency analysts are engaging in spirited discussions about the potential trajectory of the leading cryptocurrency’s price. Offering his insights, Michaël van de Poppe, the founder and CEO of MN Trading, has shared his predictions, outlining a period of consolidation before potential growth, with a particular …
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What Is Kaspa (KAS) Blockchain?
The Kaspa (KAS) blockchain is a decentralized, open-source, and scalable Layer-1 solution often referred to as “Bitcoin 2.0” or “the next Bitcoin.” However, Kaspa is unique in its own way despite functioning very similarly to Bitcoin. Just like Bitcoin, Kaspa is a proof of work (PoW) cryptocurrency, but unlike other traditional blockchains, Kaspa implemented the …
SkyBridge Capital Founder Anthony Scaramucci Predicts Coinbase Will Win ‘Instrumental’ Legal Battle With SEC: Report
Hedge fund veteran Anthony Scaramucci reportedly says that US-based crypto exchange Coinbase will emerge victorious from its legal battle with the U.S. Securities and Exchange Commission (SEC). Speaking at a conference at Duke University, the SkyBridge Capital founder says that a new Trump presidency would be better for crypto regulation in the short term, but …
SEC Charges Founder of Online Crypto Course for Running $1,200,000 Fraud Scheme Targeting Students
The U.S. Securities and Exchange Commission (SEC) is taking legal action against Brian Sewell and his company Rockwell Capital Management for allegedly defrauding investors for more than a million dollars. In a new press release, the SEC says between early 2018 to mid-2019, Sewell urged hundreds of students of his online crypto course, the Bitcoin …
JPMorgan Chase To Blame After $2,220,000 Drained From Bank Accounts in ‘Obvious Fraud,’ Alleges New Lawsuit
A pair of elderly women are suing JPMorgan Chase for allegedly enabling a massive theft of over $2.2 million of their combined life savings. Lawyers for the plaintiffs say 76-year-old Diane Artemis Yaffe and 80-year-old Alice Lin were victims of “pig butchering” scam in California when they were targeted by con artists posing as employees from …
US Government Announces New Probe Into Cryptocurrency Mining Operations in the United States
The U.S. Energy Information Administration (EIA) is announcing that it will be carefully examining crypto mining operations in the country. In a recent press release, the EIA, a statistical and analytical agency within the U.S. Department of Energy, says that it wants to keep track of how much electricity is being used by US firms …
Trump calls CDBCs “very dangerous” and labels the power of AI “scary”
Former President Donald Trump expressed significant concerns about central bank digital currencies (CBDCs) and advancements in artificial intelligence (AI) during an interview on Fox’s Sunday Morning Futures. With the Republican Party potentially nominating him for the 2024 presidential election, Trump’s critical views on these issues are capturing widespread attention. CBDCs: A Pathway to Government Surveillance …
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FTX files motion to offload $1.4 billion stake in AI startup Anthropic
Defunct cryptocurrency exchange FTX has filed a motion seeking court permission to divest its 8% stake in artificial intelligence company Anthropic Holdings. The move is a key component of FTX’s comprehensive plan to liquidate holdings and marshal resources aimed at repaying customers and creditors impacted by its collapse in November 2022. Anthropic sale Under the …
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Bitcoin and Ethereum Has ‘Free Walk’ to New All-Time Highs Amid Unprecedented Bullish Setup, Says Crypto Expert
The chief investment officer of Ikigai Asset Management thinks that a setup never before seen in the history of crypto will push Bitcoin (BTC) and Ethereum (ETH) to fresh all-time highs (ATHs). In a long thread on the social media platform X, crypto expert Travis Kling says that a confluence of factors is conspiring to …
PlanB Predicts Timeline for New Bitcoin All-Time High, Says BTC Won’t Go Below This Floor Price
Widely followed analyst PlanB is predicting the timeline for Bitcoin (BTC) to spark a rally to new all-time highs. In a new video update, the quant analyst tells his 96,300 YouTube subscribers that BTC is unlikely to ever dip below $31,000 again based on Bitcoin’s 200-week moving average. “Historically when Bitcoin is diverging from the …