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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...
Dogecoin’s reversal potential: Critical factors you shouldn’t miss
5.12.2023
Dogecoin was an instant success when it was launched in December 2013 as a spoof coin based on the “Doge” meme featuring a Shiba Inu dog. Markus Billy and Jackson Palmer, the initial founders, hoped to make the trade of cryptos enjoyable and simpler than Bitcoin. Although Dogecoin is based...
CTO report unveils unbelievable comeback of Yen bulls, Surprising Dollar bets boost EUR/USD in a remarkable reversal
30.11.2023
The latest CTO study revealed formerly unseen market insights, revealing a stunning change in the mechanics of currency trading. Contrary to popular belief, Yen Bulls unexpectedly emerged as the front-runners. These unexpected dollar bets changed market sentiment, and the EUR/USD trading...
Sam Altman to Return Back to OpenAI: What’s Going On?
22.11.2023
Source: Pixabay Sam Altman, the ousted OpenAI founder, will return back to run the company as the CEO under a new board. In a bizarre reversal drama, the co-founder of the leading generative artificial intelligence startup will rejoin the company, days after he was pushed out of it. Per a post on...
Bitcoin Price Prediction as BTC Price Reverses on Anticipation That BlackRock To Apply for Spot Ethereum ETF – Here Are the Key Levels to Watch
9.11.2023
Bitcoin (BTC) Chart / Source: TradingView While it continues to trade roughly 1% higher on the day, Bitcoin (BTC) has seen an abrupt reversal back from the new year-to-date highs it hit close to $38,000 and was last trading just above $36,000. Traders put the abrupt reversal down to reports that...
Bitcoin Price Prediction as BTC Bounces from Recent Bottom – Is a Trend Reversal Near?
14.10.2023
Bitcoin, the flagship cryptocurrency, seems to be showing signs of resilience. After its recent price plummet, BTC has managed to bounce off from its bottom, trading today at $26,919 – a slight uptick of 0.53% in the last 24 hours.
This brings the overall live market cap of Bitcoin to a robust...
Bitcoin Price Prediction as US Core Inflation Data is Announced – Is a Bullish Reversal Imminent?
12.10.2023
In light of the recent US core inflation data, the crypto community is eagerly discussing the potential trajectory of Bitcoin (BTC/USD) for October 12.
As recent US inflation data outstrips forecasts, the financial realm is abuzz with speculation and predictions.
Particularly in...
Stanford University Vows to Return $5.5M FTX Donations; Funds Initially Allocated for Pandemic Prevention
20.9.2023
In the wake of a lawsuit targeting the parents of Sam Bankman-Fried, Stanford University’s spokesperson has announced intentions to give back the millions garnered from FTX and its affiliates. Records indicate that a whopping $5.5 million in gifts to Stanford traces back to the FTX empire....
JPMorgan Analysts: Crypto Bear Market on the Brink of Conclusion
26.8.2023
A study of CME Group’s bitcoin futures and open interest indicates the crypto bear market may be approaching its end, according to JPMorgan analysts led by Nikolaos Panigirtzoglou. The bank’s market experts suggest that there’s “limited downside for crypto markets over...
Dogecoin moves slightly: Will DOGE see a trend reversal?
25.8.2023
If you have been keeping an eye on the crypto market, you probably know that Dogecoin (DOGE) has been quite volatile these days. As a meme coin, it began the journey and suddenly got fame and attention due to the support of Elon Musk. After a downtrend, DOGE is showing signs of trend reversal. What...
Can Cardano whales stop ADA price from falling 20%?
8.8.2023
The number of Cardano's richest investors holding ADA has surged to its highest level in almost a year