Bitfinex’s analysts expect bitcoin’s price to potentially drop to the low $50,000s or mid $40,000s if the Federal Reserve cuts interest rates this month. The “historical price action for September also aligns with our view of a projected 20 percent drop in bitcoin prices following a rate cut,” the Bitfinex analysts said. Bitfinex Predicts Bitcoin …
Continue reading “Analysts Anticipate Bitcoin Falling to $40K Level as Fed Rate Cuts Loom”
A closely followed trader is offering his two cents on why he thinks memecoins have exploded in popularity among crypto traders. Pseudonymous analyst Jack Sparrow tells his 251,000 followers on the social media platform X that traders are not sinking capital on memecoins because they believe in their fundamentals or whether meme communities will serve …
Scott Matherson is a prominent crypto writer at NewsBTC with a knack for capturing the pulse of the market, covering pivotal shifts, technological advancements, and regulatory changes with precision. Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging …
Continue reading “Major Dogecoin Indicator Flashes Bullish, Is It Time To Buy?”
Este artículo también está disponible en español. Avalanche (AVAX) is currently trading at a crucial level after a 24% retrace that began last week. The crypto market is experiencing extreme fear and uncertainty, with most altcoins hovering near yearly lows. Analysts and investors closely monitor AVAX’s price action as the market remains volatile. Related Reading …
Continue reading “Can Avalanche (AVAX) Reclaim $30? Top Analyst Predicts A Dip Before A Bounce”
Este artículo también está disponible en español. On-chain data shows Bitcoin, XRP, and other top cryptocurrencies have been witnessing notably lesser activity from the whales recently as compared to earlier in the year. Bitcoin, XRP Among Assets Observing A Decline In Whale Transactions In a new post on X, the on-chain analytics firm Santiment has …
Continue reading “Bitcoin, XRP See Declining Whale Activity: What It Means”
Este artículo también está disponible en español. Solana (SOL) has recently pulled back to the $137 level, a key point that could dictate its next move in the market. As the cryptocurrency tests this resistance, market participants are watching closely to see if the bears will seize the opportunity to drive prices lower, or if …
Continue reading “Solana Pullback To $137: Will Bulls Break Through Or Bears Dominate?”
Este artículo también está disponible en español. Despite initial expectations of a steady price increase and a robust bull run this year, Bitcoin (BTC) has suffered severe declines, pushing its price below the $60,000 threshold. Due to the cryptocurrency’s prolonged bearish performance, a crypto analyst has warned that Bitcoin could decline even further, predicting a …
Continue reading “Analysts Predict Bitcoin Price Could Crash To $40,000, But There’s Good News”
Mysten Labs’ slated handheld gaming device, SuiPlay0X1, is now taking preorders at $599 a pop with deliveries expected next year.
US antitrust officials are reportedly worried that Nvidia is penalizing buyers that don’t exclusively use its computer chips, a claim Nvidia rebuffed.
Research from crypto exchange Bitfinex warns that reactions to recent rate cut news could bring down crypto prices in September. In its latest research, Bitfinex speculates that Bitcoin (BTC) could fall as low as $40,000 over the coming weeks. “If we were to speculate, we would caution to expect a 15-20% decline when rates are …
WazirX has begun the second phase of its fiat currency withdrawal process ahead of schedule on Sept. 3. The process was originally slated to begin on Sept. 9 and comes as the exchange faces the aftermath of a major security breach that resulted in the theft of over $230 million in user assets. CEO Nishal …
Continue reading “WazirX begins second phase of fiat withdrawals early, hackers begins moving funds”
The Federal Bureau of Investigation (FBI) issued a warning about North Korea’s aggressive targeting of the crypto industry on Sept. 3. The agency detailed the sophisticated social engineering campaigns conducted by North Korean actors against employees of crypto-related businesses, notably DeFi applications. The report highlighted that North Korean actors have been researching targets related to …
On-chain data shows that a crypto wallet linked to the bankrupt Terraform Labs moved 1,075 BTC, valued at approximately $62.81 million, to a new address (bc1q5) on Sept. 2. While the firm has yet to comment publicly on the transfer, market analysts note that it aligns with Terraform Labs’ plan to wind down operations following …
Continue reading “Terraform Labs moves $62.81M in BTC amid final wind-down steps”
US Securities and Exchange Commission (SEC) Commissioner Mark T. Uyeda has urged the agency to develop specialized S-1 registration forms specifically designed for digital asset securities. Uyeda made the statement during a talk at the Korea Blockchain Week 2024 event on Sept. 3 and emphasized the importance of updating the SEC’s regulatory tools to address …
Ethereum now has its own native platform — Ethervista — where people can create and launch memecoins in the same vein as Solana-based memecoin deployer Pump.fun. Ethervista is a decentralized exchange (DEX) that introduces a novel approach to liquidity management and token launches on the Ethereum network. One of its key features is the 5-day …
