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Bonk Price Prediction as BONK Dumps 10% – Can It Bounce At Key $0.0000125 Support?
3.1.2024
Bonk! ($BONK) Chart / Source: Investing.com Bonk! ($BONK), the third largest meme coin by market cap and a flagship token of the Solana (SOL) ecosystem, dropped close to 10% on Tuesday, as the broader crypto markets succumbed to sell pressure following a promising start. Solana (SOL), to which...
Crypto Miners’ Bitcoin Reserves Hit Lowest Level Since May Amidst Increased Selling Pressure
30.12.2023
Source: AdobeStock / Photocreo Bednarek Bitcoin miner reserves have reached their lowest point since May, signaling increased selling pressure as the largest cryptocurrency records a December gain of more than 13%. Data from CryptoQuant indicates that Bitcoin miners’ reserves have been...
Best Crypto to Buy Today December 29 – Kaspa, Bonk, Sei
29.12.2023
Cryptocurrency markets are unsurprisingly choppy on the final Friday of 2024, as massive option expiries trigger waves of unpredictable buy and sell pressure as market players hedge themselves and reposition ahead of the new year. Bitcoin options worth around $11 billion expired today, as per data...
Bitcoin Hashrate Hits New All-Time High, Exacerbating Profitability Challenges for Miners
26.12.2023
Source: AdobeStock / Photocreo Bednarek The hashrate of the Bitcoin (BTC) network has reached a new all-time high, putting additional pressure on miners who are already grappling with a slump in profitability. According to data from Blockchain.com and Bitinfocharts, Bitcoin’s hashrate soared...
Argentine Foreign Minister: Financial Contracts Can Now Be Denominated in BTC
24.12.2023
According to Argentina’s Foreign Minister, financial contracts can now be denominated in bitcoin or any other medium of exchange that the parties to the contract so choose. In addition, debtors will be obligated to “deliver the corresponding amount of the designated currency, whether...
Ethereum Technical Analysis: ETH Succumbs to Bearish Pressure and Upper Resistance
18.12.2023
As of Dec. 18, 2023, ethereum exhibits a complex interplay of bearish and bullish signals across various technical indicators. The second-leading crypto asset, currently priced at $2,125 to $2,165, faces a critical juncture in its market trajectory, as revealed by the 4-hour and daily charts...
Bitcoin Price Pressured as Fed Official Says “Premature to Even Be Thinking About” Rate Cuts – Where Next For BTC?
15.12.2023
Source: Pixabay / Michael Wuensch The Bitcoin (BTC) price has come under pressure on Friday, dipping 2% from around $43,000 to the low $42,000s in wake of hawkish commentary from a leading US Federal Reserve monetary policymaker John Williams. Williams, who is the president of the influential...
Ethereum Technical Analysis: ETH Faces Downward Pressure; Bearish Trends Emerge Amidst Market Volatility
15.12.2023
As of Dec. 15, 2023, ethereum’s price exhibits intricate dynamics, standing at $2,259. Oscillators and moving averages paint a mixed picture, while the 4-hour and daily charts reveal patterns of consolidation and a short-term downtrend. Ethereum Ethereum’s (ETH) market capitalization...
Biggest Crypto Gainers Today on Uniswap – INJ, MUBI, PRIME
12.12.2023
Altcoins INJ, MUBI, and PRIME are outperforming the market as the biggest crypto gainers on Uniswap. Image by Yury, Adobe Stock. As the cryptocurrency market tries to recover from the recent pullback, several coins are making big moves today. Bitcoin has faced downward pressure, stabilizing around...
Big Names Talk Potential Impact of ETFs on BTC Price, Solo Miner Pulls Down Lucky Block Reward, and More — Week in Review
3.12.2023
Global investment bank JPMorgan has noted that SEC approval of a spot bitcoin exchange-traded fund (ETF) could “put severe downward pressure on bitcoin prices.” Conversely, Standard Chartered Bank sees “price upside” related to such an approval from the United States...
Bitcoin Water Footprint Adds Pressure to Mining Regulations: Report
1.12.2023
Source: Pixabay / Michael Wuensch Popular Bitcoin (BTC) critic Alex De Vries says the asset uses about 16,000 liters of water which can fill a pool for each transaction on the network, a claim that has sparked diverse reactions. In a study released on Nov 29, De Vries opined that Bitcoin has...
JPMorgan: Spot Bitcoin ETFs Could Put ‘Severe Downward Pressure on Bitcoin Prices’
26.11.2023
Global investment bank JPMorgan has cautioned that the approval of spot bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC) could “put severe downward pressure on bitcoin prices.” The bank’s analysts estimate that billions of dollars could...
Is Celestia Price Going to Zero? TIA Dumps 11% in 24 Hours as Attention Shifts to Innovative Mining Project – How to Buy?
22.11.2023
As modular Layer-1 blockchain Celestia battles against a retracement move, TIA has dropped 11%, but with buy-pressure quickly eating up the fall – is Celestia price going to zero? Retracement has swept into the Celestia price chart following rejection at the top end of a sensational run, in...
Bitcoin Price Prediction as RFK Jr. Supports Self-Custody Rights – Is Regulatory Pressure Easing?
21.11.2023
Bitcoin, the flagship cryptocurrency, has been demonstrating robust performance, maintaining a strong position above the $37,000 threshold. This bullish trend contributes significantly to the global cryptocurrency market cap, which has recently seen a 0.52% increase, soaring to $1.42 trillion....
Is Celestia Going to Zero? TIA Price Suffers 6% Fall as New Bitcoin Mining Project Takes All the Limelight – How Does it Work?
20.11.2023
Rapidly growing modular blockchain layer-1 Celestia has undertaken a major rally since the TIA airdrop, however, with TIA price falling -6% over the past two-days – is Celestia going to zero? Celestia did what other airdrops such as Arbitrum couldn’t, TIA has mounted a sustained upside...
Sushi to test Bitcoin swaps and Opyn DeFi protocol founders cave to CFTC pressure: Finance Redefined
17.11.2023
Sushi is set to test Bitcoin swaps on 30 different blockchains using the interpretability protocol ZetaChain
XRP Price Prediction as XRP Falls 20% From Recent Highs – Watch These Key Support Levels
16.11.2023
XRP (XRP) Chart / Source: TradingView After fake news that BlackRock was planning to set up an XRP (XRP) spot ETF earlier in the week sent the XRP price as high as $0.75, its highest level since July, the price has been under pressure, with XRP on Thursday falling back to the south of...
Top Crypto Gainers Today on DEXTools – GROK2.0, MUBI, WEB
14.11.2023
DEXTools Logo / Source: DEXTools X Account Crypto markets are succumbing to sell pressure on Tuesday as traders take profit in wake of strong gains nearly across the board in recent weeks. Bitcoin (BTC) was last down over 3% on the day in the low $35,000s and probing its 21DMA, whilst Ether (ETH)...
Swan Bitcoin to Terminate Accounts Interacting With Bitcoin Mixing Services
14.11.2023
Swan Bitcoin, a bitcoin exchange platform, announced recently that it would terminate accounts of users directly interacting with mixing services. The company explained that this was due to the pressure from banking institutions after the Financial Crimes Enforcement Network (FinCEN) presented...
Convicted Sam Bankman-Fried’s Legal Battles Rage On Amidst SEC, CFTC Charges, and Class Action Fury
8.11.2023
Sam Bankman-Fried was convicted on all charges in the Department of Justice’s fraud case against the ex-FTX chief, but his legal woes are far from over. He is also under pressure from the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), which have...