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Ethereum Technical Analysis: ETH Consolidates After Testing Key Resistance Levels
22.4.2024
As ethereum continues to navigate a period of significant price fluctuations, traders are keenly observing a variety of technical signals from the 1-hour, 4-hour, and daily charts. The combination of oscillators and moving averages provides a nuanced view of potential entry and exit points....
Bitcoin Technical Analysis: BTC Bulls Attempt to Push Prices Higher Post-Halving
22.4.2024
As bitcoin fluctuates within a defined range, Monday’s technical analysis reveals a mixed bag of signals from oscillators and moving averages. Traders face a nuanced landscape on April 22, 2024, as various charts suggest both caution and opportunity. Bitcoin Bitcoin’s (BTC) price...
NFT Sales Dip by Over 25% as Bitcoin Dominates a Cooling Market
21.4.2024
Recent data over a seven-day period ending April 21, 2024, shows that non-fungible token (NFT) sales have declined by 25.48%, totaling approximately $236.96 million. Bitcoin dominated the NFT market this week, contributing $111.8 million to the overall sales since April 14. NFT Sales Tumble This...
Deutsche Bank Expects Bitcoin Price to ‘Stay High’ After Halving — JPMorgan Disagrees
21.4.2024
JPMorgan Chase and Deutsche Bank have weighed in on potential price movements for bitcoin following the halving. “We continue to expect prices to stay high,” Deutsche Bank analysts said. JPMorgan analysts, however, stated that they “see downside for the bitcoin price post...
Runes Proliferate on Bitcoin, Sparking New Token Sales on Specific Markets
20.4.2024
In the 12 hours following the introduction of the Runes protocol, bitcoin miners have collected substantial fees as the rush to mint runes now dominates block space. Presently, numerous runes exist on the Bitcoin blockchain, with several being offered on marketplaces such as Okx and Magic Eden....
Anti-Bitcoin SEC Commissioner Caroline Crenshaw May Soon Lose Her Seat
20.4.2024
SEC Commissioner Caroline A. Crenshaw doesn't like Bitcoin - but her term is scheduled to end on June 5.
The post Anti-Bitcoin SEC Commissioner Caroline Crenshaw May Soon Lose Her Seat appeared first on Cryptonews
SEC Reworks Justin Sun Tron Lawsuit, Claims Founder “Traveled Extensively”
19.4.2024
The United States Securities and Exchange commission (SEC) has edited its Tron lawsuit against Justin Sun and his companies the Tron Foundation, the BitTorrent Foundation, and Rainberry, amended court docs filed on Thursday reveal. The filing marks the latest legal move in the SEC's fight against...
Cities: Skylines 2 Botches Beachfront DLC So Badly Players Are Getting Their Money Back
19.4.2024
The makers of Cities: Skylines II have pledged to focus on fixing the base game after fans revolted against a disappointing paid DLC. The $10 Beachfront Properties pack scored a stunning 96 percent negative rating in Steam reviews and now the companies behind the urban planning sim have apologized...
Bitcoin Technical Analysis: BTC Faces Volatile Day of Trading and Complex Dynamics
19.4.2024
As bitcoin navigates a tumultuous trading range between $60,022 and $65,430, market analysts scrutinize oscillators and moving averages for future price direction clues. The cryptocurrency’s price hovers at around $65,110 on April 19, 2024, reflecting a volatile day for traders after...
Study: Q1 Spot-Traded Volumes of Top 10 Exchanges Nearly Double to $4.29 Trillion
19.4.2024
In the first quarter of 2024, spot trading volumes of the top ten centralized exchanges (cex) topped $4.29 trillion, a 95.3% increase from the previous quarter. Despite facing legal challenges Binance remained the largest cex platform with a market share of 50%. The top crypto asset manager...
SEC Amends Lawsuit Against Tron Founder, Asserting US Jurisdiction
19.4.2024
The United States Securities and Exchange Commission (SEC) has filed an amended lawsuit against Tron founder Justin Sun, claiming he spent a significant amount of time in the U.S., thus granting the SEC jurisdiction over him and his businesses. The SEC alleges that Sun’s extensive travel...
Plan B Predicts Repeat Performance Post-Bitcoin Halving Amid Mixed Analyst Forecasts
19.4.2024
At block height 839,856, the Bitcoin blockchain stands a mere 144 blocks short of the forthcoming reward halving at block height 840,000. Historically, bitcoin’s price has seen substantial increases following prior halving events. However, there are speculations that this occurrence might...
Bitcoin Halving: Goldman Sachs Downplays Impact of ‘Buy the Rumor, Sell the News’
19.4.2024
Goldman Sachs analysts believe that whether the upcoming Bitcoin halving will turn out to be a “buy the rumor, sell the news” event may have less impact on bitcoin’s medium-term outlook. They explained that the bitcoin price performance will likely continue to be driven by...
Bitwise: Bitcoin Halving Is a ‘Sell the News’ Event, Market Underestimates Long-Term Impact
19.4.2024
Asset management firm Bitwise has cautioned that data suggests the upcoming Bitcoin halving is a “sell the news” event. However, the firm explained that the market likely “prices in the short-term impact of the halving but underestimates the long-term impact,”...
PSG Token Soars After Paris Saint-Germain Defeats Barcelona; CITY Dips Following Elimination of English Champions
18.4.2024
The value of the fan token for the French football club, Paris Saint-Germain, briefly surged from just over $4.30 to $5 after they knocked the Spanish football giants, FC Barcelona, out of the UEFA Champions League. However, the token for the English champions, Manchester City, plunged by nearly...
Cryptocurrency Exchange Kraken Acquires TradeStation Crypto
18.4.2024
The takeover, which hasn't been previously disclosed publicly, expands the cryptocurrency exchange's regulatory licensing in the U.S
Bitcoin to Hit $122,000 in 2024, Predicts Finder’s Latest Survey of Experts
18.4.2024
Periodically, the product comparison website finder.com releases a new price prediction survey focusing on key cryptocurrencies and gathers a wide array of crypto and fintech experts for their perspectives. According to the most recent report on bitcoin forecasts, the panel of experts anticipates...
Crypto Wealth Management Firm Abra Launches New Platforms for Private Clients
18.4.2024
Crypto wealth management firm Abra said it has launched the “Abra Prime” and “Abra Private” platforms for private clients and received approval from the U.S. Securities and Exchange Commission to operate as an investment advisor
The post Crypto Wealth Management Firm Abra Launches New Platforms...
$10.5 Trillion Asset Manager Blackrock Explains Importance of Bitcoin Halving
18.4.2024
Blackrock, the world’s largest asset manager, has explained the importance of the Bitcoin halving. “One of the reasons some people find bitcoin valuable is its scarcity,” Blackrock explained, adding that the halving also “underscores Bitcoin’s decentralized...
Crypto.com CEO: Bitcoin Price Dip Likely After Halving but ‘Great Performance’ Within 6 Months
18.4.2024
The chief executive of Crypto.com has warned of some selling coming up as we approach the Bitcoin halving, citing the “buy the rumor, sell the news” strategy. Noting that what’s happening in the bitcoin market currently resembles previous cycles, he stressed: “I...