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Polygon MATIC may be ‘brewing’ reversal amid sudden spike in onchain activity
29.8.2024
On-chain activity for the Ethereum layer-2 network has picked up recently, but token prices remain at deep bear market levels.
Ripple Legal Chief Anticipates Possible SEC Appeal in XRP Case Despite Court’s 10% Reversal Rate
18.8.2024
Ripple’s chief legal officer says he wouldn’t be surprised if the U.S. Securities and Exchange Commission (SEC) does appeal the final ruling in the Ripple lawsuit over XRP. He questioned the SEC’s rationality and expressed confidence that any appeal by the SEC would likely...
Bitcoin Price Reversal Alert; Is the Bull Run Over for BTC?
31.7.2024
In anticipation of the US Fed meeting tonight, where Jerome Powell is expected to outline the timing and frequency of upcoming rate cuts, the cryptocurrency market experienced a downturn on Wednesday. Bitcoin and Ethereum were at the forefront of this retreat. At press time, Bitcoin (BTC)...
Bitcoin Technical Analysis: First Drawdown of Over 25% in 14 Months
5.7.2024
Bitcoin’s market activity on July 5, 2024, has been marked by a persistent downtrend across various time frames, with the price currently at $55,338. Over the past 24 hours, Bitcoin’s price has ranged between $53,550 and $58,673, with a market capitalization of $1.08 trillion and...
Bitcoin Technical Analysis: Inverse Head and Shoulders Pattern Suggests Bullish Reversal
26.6.2024
On Wednesday, via the 1-hour chart, bitcoin is forming a potential inverse head and shoulders pattern around the $61,500 level. If confirmed by a breakout above $62,000, this could signal a bullish reversal. Additionally, the 4-hour chart reveals a descending channel from $65,144 to $58,456, where...
Ethereum ETF coming in the next 2 weeks; price reversal soon
24.6.2024
Ethereum ($ETH) is under selling pressure, nearly replicating the trend that Bitcoin ($BTC) has been following in the last couple of days. However, early July 2024 could see a reversal of the chart’s flow. Analysts expected the US Securities & Exchange Commission to give the final green...
Crypto update: SHIB loses support, ETH to hit $4k, SOL shows reversal
3.6.2024
The crypto market is going through multiple changes, involving some of the biggest names like SHIB, SOL, and ETH. Shiba Inu, the popular meme coin, is about to lose important price ground. It relies on the support levels to kick in if the price drops. The asset has been trying to stay afloat above...
Uniswap Founder Wants A Reversal To Biden’s Position On Crypto: Here’s Why
13.5.2024
Uniswap founder Hayden Adams believes that President Joe Biden's strict crypto regulations may make his reelection campaign vulnerable. Adams forewarned the administration on May 13 about the possible repercussions at the polls in November.
The post Uniswap Founder Wants A Reversal To Biden’s...
Ethereum Technical Analysis: ETH Bulls Press Forward Hinting at Possible Reversal
13.5.2024
As of May 13, 2024, ethereum presents a complex landscape for traders, characterized by fluctuating prices and diverse market signals. Despite a slight 1% uptick over the past day, the broader perspective shows a week marked by a 6.1% decline, setting a cautious tone for ether traders. Ethereum...
Bitcoin could soon ‘BLOW higher’ on bullish candle hammer: Glassnode execs
10.5.2024
Traders will be closely watching how Bitcoin’s weekly chart closes on May 12 to look for signs of the end of the downtrend
3 reasons why Bitcoin traders say a BTC price trend reversal is overdue
9.5.2024
Bitcoin price data makes a strong argument for why the current price range is a buy-the-dip opportunity
Ethereum sets the stage for $3,400 with a reversal trend in sight
23.4.2024
Ethereum was previously poised to surpass the milestone of $4,000. However, that was when the market was coming fresh from the Spot Bitcoin ETF announcements. Sentiments have transitioned since then, and the market is volatile. Not that volatility ever left the space, but it did show signs...
FET signals a bullish reversal pattern
23.4.2024
Investors at Fetch.ai are optimistic that FET will draw out a reversal pattern on the chart. A bull run is likely to be triggered following Bitcoin Halving, considering the correlation is 0.85. Most importantly, whales have demonstrated a shift in their sentiments from HODLing to accumulation...
Spot Bitcoin ETF Flows Turn Negative Again as Grayscale Sees Over $300M in Outflows
9.4.2024
Spot Bitcoin ETFs in the United States have experienced a reversal in investor sentiment, seeing net outflows following four consecutive days of inflows.
The post Spot Bitcoin ETF Flows Turn Negative Again as Grayscale Sees Over $300M in Outflows appeared first on Cryptonews
Top Crypto Gainers Today on DEXTools – SENDEX, HABIBI, VIRTU
28.2.2024
Bitcoin stole the headlines on Wednesday after briefly surging to $64,000, before an abrupt reversal back to $60,000 eroded intra-day gains back to about 5.5%, while traders hunting fast exponential gains continue to turn to the on-chain shitcoin markets in the hunt for top crypto gainers...
Cardano price reversal targets $0.70 breakout, Aiming for the coveted $1 mark!
22.1.2024
The market is currently going through a rough period, and that is reflected in the price of Cardano (ADA), which has been falling steadily since the SEC approved Bitcoin ETFs. This wasn’t exactly unexpected, as many experts predicted a ‘sell the fact’ reaction after the approval. This did come...
Balaji Srinivasan Equates Bitcoin ETF Move to Reversal of FDR’s Historic Gold Seizure
11.1.2024
The sanctioning of U.S. spot bitcoin exchange-traded funds (ETFs) heralds a transformative shift from a century-long dominance of centralized monetary systems to the emerging realm of decentralized finance, as opined by Balaji Srinivasan, a distinguished figure in technology and the crypto...
Central Bank of Nigeria Lifts Crypto Ban Following New SEC Regulation
23.12.2023
Source: AdobeStock / Faraz The Central Bank of Nigeria (CBN) has reversed its ban on dealing with companies involved in digital tokens. According to a report by BusinessDay, the CBN has now instructed lenders to open accounts for crypto firms, marking a reversal of the ban it imposed in 2021. ...
Montenegro Appeals Court Overturns Extradition of Terraform Labs Co-Founder Do Kwon
19.12.2023
On Tuesday, Montenegro’s appeals court overturned the extradition request for Terraform Labs co-founder Do Kwon. This reversal follows reports that Justice Minister Andrej Milovic had informally agreed to the extradition. Kwon to Remain in Montenegro, Decision Lies With Justice Minister...
SEC Reversal: Bitcoin ETFs Back in Play as Gensler Reconsiders Stance
15.12.2023
Due to some court rulings not agreeing with the agency’s opinion, the Securities and Exchange Commission (SEC) has been compelled to reconsider its viewpoint regarding the spot bitcoin ETF applications. For some time now, The SEC, working under its head, Gary Gensler, has refused to grant...