A closely followed crypto strategist and trader is revealing his price targets for Bitcoin (BTC) and two altcoin projects. In a new strategy session, analyst Jason Pizzino tells his 329,000 YouTube subscribers that based on the average true range (ATR) indicator Bitcoin could soon break through key price target resistance levels. The ATR indicator measures …
Monthly archives: July 2024
Cardano (ADA) Founder Claps Back At ‘Dead Coin’ Comments, Issues Reminder To The Community
Cardano Founder Charles Hoskinson responded to Ben Armstrong’s comments about ADA status as a ‘dead coin’. Hoskinson’s reply sparked a conversation about the state of the crypto industry and what’s valued in projects. Related Reading Cardano And Polkadot Labeled ‘Dead Coins’ On Wednesday, crypto influencer Ben Armstrong, known as BitBoy Crypto, shared his thoughts on …
Glassnode: Bitcoin $110,000 Target Holds, Breaking These Key Levels Crucial To Avoid Crash
Bitcoin (BTC) experienced a significant drop, reaching as low as $56,700 on Thursday. This price level has not been seen since May 1st, as Bitcoin faces several challenges, including US political uncertainties and the ongoing sell-off of BTC seized by the German government. These factors have contributed to a nearly 20% price correction for Bitcoin, …
Bitcoin Completes 9th Test Of $60,000, Where Does Price Go From Here?
Bitcoin (BTC) has completed its ninth test of the $60,000 support level, hinting at a potential shift in the cryptocurrency’s trajectory. According to a crypto analyst, Bitcoin faces significant moves ahead and determining the direction of this momentum is crucial. BTC Retests $60,000 Support For The 9th Time In an X (formerly Twitter) post published …
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Is Cardano the Next Big Winner? Analysts Predict Massive Surge as Bitcoin Wobbles
Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing …
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Why Did Bitcoin Plunge Under $58,000? On-Chain Data Says This
Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been …
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German MP urges government to stop ‘hasty’ Bitcoin sell-off
German MP Joana Cotar said the mass Bitcoin sell-off isn’t “sensible” and “productive” as it could be used to diversify treasury assets and protect against currency devaluation.
Mt. Gox moves $2.7B in Bitcoin to new wallet address
One of Mt. Gox’s cold wallets just transferred more than 47,000 BTC to an unknown wallet address amid a plan to begin repaying its creditors.
Decentralized Social Media Platform Friend.tech Reverses Decision To Migrate From Coinbase-Backed Layer-2 Chain
A social media-focused crypto project is reversing course on its decision to leave the blockchain of top US-based crypto exchange Coinbase. In a new announcement on the social media platform X, Friend.tech (FRIEND) says that based on community feedback, it no longer plans to leave Base to create its own blockchain. “We’ve heard your feedback: …
JPMorgan Chase Issues Economic Warning, Says Trump Victory Over Biden Could Trigger ‘Elixir for Stagflation’
JPMorgan Chase just issued a warning on the economic impact of the presidential election. In a new interview with Bloomberg, JPMorgan’s Chief Global Strategist David Kelly targets former President Trump’s interest in increasing tariffs on imports to reduce income taxes. If Trump triumphs over Biden and hikes tariffs significantly, Kelly says the former president will have …
Mobile Slot Machines Reimagined with Simplified Interfaces
As smartphones become increasingly powerful, players can access high-quality cryptocurrency slot games at their fingertips. This shift has led to reimagining how slot machines are designed and played. Game developers have embraced the challenge of creating engaging experiences on smaller screens. Throughout this article, we’ll discuss mobile slot machines and simplified interfaces. The Evolution of …
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German MP urges government to stop selling Bitcoin
Bundestag member Joana Cotar strongly criticized the German government’s recent decision to sell a substantial portion of its Bitcoin holdings. The German government recently moved over $195 million worth of Bitcoin to various crypto exchanges, including Coinbase, Kraken, and Bitstamp. The move has contributed to increased market volatility, with Bitcoin prices experiencing notable fluctuations. Critics …
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Major tech firms acknowledge AI risks in regulatory filings
In a series of recent SEC filings, major technology companies, including Microsoft, Google, Meta, and NVIDIA, have highlighted the significant risks associated with the development and deployment of artificial intelligence (AI). The disclosures reflect growing concerns about AI’s potential to cause reputational harm, legal liability, and regulatory scrutiny. AI concerns Microsoft expressed optimism toward AI …
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Bitcoin’s bullish cycle questioned as price falls below 200-day moving average
Onchain Highlights DEFINITION: The 200 Day Simple Moving Average is a common technical indicator in Technical Analysis, commonly associated with the transition point between a Bull and Bear market. Bitcoin price movements are influenced by various technical models that provide insight into market trends and potential future performance. As of July 4, Bitcoin has fallen …
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South Korea to tighten crypto exchange oversight with new monitoring system
South Korea’s Financial Supervisory Service (FSS) plans to tighten oversight of crypto trading platforms under its jurisdiction to eliminate fraudulent transactions. In a July 4 notice, the regulator announced that local exchanges must establish a “continuous monitoring system for unfair transactions” and report “abnormal transactions” via a dedicated transmission line. According to the notice: “To …
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