An analyst has pointed out two demand zones that could be important for Bitcoin. Here’s what could be next for BTC based on these supply walls. Bitcoin On-Chain Support And Resistance Levels Could Provide Hints For What’s Next As explained by analyst Ali in a new post on X, Bitcoin has recently been floating between …
Continue reading “$47,600 Or $38,600? What Could Be Next For Bitcoin”
Tellor (TRB) went on a rollercoaster in the past 24 hours, with its price experiencing a surge and a drop that is comparable to that of price manipulation. As a result, the crypto surged to over $600 in the late hours of 2023 before crashing down to $137. According to data from CoinGlass, TRB witnessed …
Continue reading “Tellor (TRB) Leaves Market In Shock With 75% Price Crash, Here’s What Happened”
Another year, another Crypto Holiday special from our team at NewsBTC. In the coming week, we’ll be unpacking 2023, its downs and ups, to reveal what the next months could bring for crypto and DeFi investors. Like last year, we paid homage to Charles Dicke’s classic “A Christmas Carol” and gathered a group of experts …
Continue reading “A Crypto Holiday Special With Blofin: Past, Present, And Future”
The chief strategy officer of digital asset manager CoinShares says two factors are fueling Bitcoin’s (BTC) recent rallies. In a new interview with Bloomberg Television, Meltem Demirors says BTC’s run-up since November is being primarily driven by two catalysts that few analysts saw coming. According to Demirors, the first factor is the inflow of funds into …
Widely followed economist Alex Krüger is issuing a warning to traders about Bitcoin (BTC), saying that the crypto king could crash after the approval of a spot market exchange-traded fund (ETF). In a lengthy thread, the analyst tells his 158,900 followers on the social media platform X that he believes the U.S. Securities and Exchange …
Ethereum has released its roadmap for 2024, focusing on scalability, security, and sustainability improvements. Ethereum co-founder Vitalik Buterin announced the plan on social media on Dec. 31, outlining several key initiatives for the platform’s development. Enhancements in scalability In 2022, Ethereum underwent a significant change known as ‘The Merge,’ transitioning from a proof-of-work (PoW) to …
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What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS on …
Continue reading “SEC could inform spot Bitcoin ETF applicants of approval by Jan. 3”
More than 20 cryptocurrency projects have scheduled their token unlocks for this month, planning to release over $600 million worth of digital assets into circulation, according to Token Unlocks data. Token unlocks is the gradual release of coins initially held to deter early investors or team members from swiftly selling off their holdings in substantial …
Continue reading “Major token unlocks slated for January with Aptos leading at $234 million”
Popular crypto analyst Altcoin Sherpa says that one artificial intelligence (AI) project will definitely make new highs in the near future. The pseudonymous analyst tells his 203,000 followers on the social media platform X that Fetch.ai (FET) will benefit from a bullish narrative looking ahead into 2024. Fetch.ai is a blockchain-based AI platform that aims …
The US government is piling debt onto its balance sheet at a blistering pace. The latest data from the Treasury Department shows the government’s debt jumped from $33.802 trillion on December 1st to $33.911 trillion on December 28th – an uptick of over $108.549 billion in a single month. As the country’s debt continues to …
Crypto asset manager Bitwise says that an unnamed investor wants to seed hundreds of millions of dollars into its planned spot market Bitcoin (BTC) exchange-traded fund (ETF). According to a new S-1 document filed with the U.S. Securities and Exchange Commission (SEC), an unidentified investor is planning on seeding $200 million into Bitwise’s potential ETF, …
Non-fungible tokens (NFTs) on the Bitcoin (BTC) blockchain saw blockbuster sales in the month of December, according to on-chain data. According to data obtained from blockchain data aggregator CryptoSlam, Bitcoin NFT sales reached over $881 million in sales last month, a new high for 2023. BTC NFT sales obliterated the previous sales record of $375 million …
The CEO of Avalanche (AVAX) development firm Ava Labs says that he now understands the cultural significance of memecoins. In a series of tweets on the social media platform X, Emin Gün Sirer says memecoins do not have to be like other crypto assets that derive value from use cases. According to Sirer, meme tokens …
The cryptocurrency market kicked off the new year slowly as over 99,000 traders were liquidated of approximately $225 million within the past day. Data from Coinglass shows that traders betting on further price increases bore the brunt of the losses, with around $135.70 million liquidated. On the other hand, traders with bearish sentiments— short traders—lost …
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Big banks are poised to enter and potentially dominate the stablecoin market, overshadowing current leaders like Tether, according to former BitMEX co-founder Arthur Hayes. In a recent interview with Unchained’s Laura Shin, Hayes said that centralized stablecoins have found a lucrative niche due to the reluctance of traditional banks to engage in similar activities. However, …
Continue reading “Arthur Hayes believes big banks will make stablecoin issuers like Tether obsolete”
