Peter Brandt is assessing whether Bitcoin has formed a double top, indicating a potential reversal from its upward trend. Brandt also mentions a “foot shot” signal, suggesting a possible short-term buying opportunity despite ongoing market volatility. Simultaneously, the German government continues selling seized Bitcoin, impacting the market’s recent downturn. Veteran trader Peter Brandt is musing […]
Bitcoin’s price crashed and recovered slightly since, following significant challenges including Mt Gox payouts and German BTC sales. This comes amid renewed optimism as substantial inflows into spot Bitcoin ETFs supported by positive forecasts from industry experts. The crypto market went through a lot of pain in the past two weeks, with Bitcoin (BTC) and […]
Investors Are Flocking to BlockDAG with a $100 Million Goal as Solana and XRP Struggle, Signaling a Major Shift in the Market The cryptocurrency scene is undergoing notable transformations as Solana battles with speculation about a possible SEC investigation, leading to its price falling below $150. At the same time, XRP is experiencing a tough […]
Ubisoft, the French AAA game developer, has recently announced a partnership with Double Jump.Tokyo, a Web3 gaming company, to accelerate the implementation of Web3 elements in their games. As a first step, Double Jump.Tokyo will issue NFTs for Champion Tactics, a game still in development, on top of Home Verse, an Oasys L2 structure with […]
Today, a Republican National Committee panel approved a draft of its 2024 party platform, that strongly supports Bitcoin. On page nine, the draft explicitly states, “We will defend the right to mine Bitcoin, and ensure every American has the right to self-custody of their digital assets, and transact free from Government Surveillance and Control.” JUST […]
Amid the market slowdown, Notcoin (NOT), the Telegram-based sensation, has shown impressive performance in the last three days. The token has skyrocketed 80% over the weekend, making investors and market watchers optimistic about its short-term performance. NOT A Lot Going On At The Moment? A month ago, Notcoin took the market by storm after soaring […]
TL;DR Binance will delist four cryptocurrencies on July 22, causing their prices to drop significantly. Deposits and withdrawals of these assets will cease on July 23 and October 22, respectively. No More Support for These Cryptocurrencies The world’s largest cryptocurrency exchange, Binance, regularly updates its services to enhance user experience. It often adds new trading […]
How low can BTC price drop during this cycle?
Scepticism is growing about predictions from the digital-asset faithful that the original cryptocurrency is still on course to reach US$100,000.
Cryptocurrency mining firm Bitfarms has appointed Ben Gagnon as its Chief Executive Officer in a move the company said marks a new chapter as it seeks to expand and diversify its operations beyond Bitcoin mining. Gagnon, formerly Chief Mining Officer, has reportedly been a key player in Bitfarms’ rise within the Bitcoin mining industry. With […]
Celebrities who have brazenly shilled their memecoins on X in recent months run a high risk of attracting the attention of the SEC and class-action lawsuits.
A widely followed economist believes several catalysts on the horizon could give Bitcoin (BTC) a massive shot in the arm. Economist Alex Krüger tells his 176,300 followers on the social media platform X that Bitcoin broke below its $60,000 psychological support as fears surrounding sell pressure from the German government and Mt. Gox repayments grip […]
TL;DR Golem has transferred over 100 million dollars in ETH to exchanges in the last month, raising concerns about potential selling pressure on the price of ETH. The platform’s main wallet has moved 24,400 ETH (72 million dollars) in the last three days, with current reserves of 127,634 ETH valued at 372 million dollars. In […]
TL;DR Hamster Kombat has attracted nearly 240 million players in three months, before its official launch, setting records and generating significant interest in the crypto market. Bybit has enabled the pre-sale of the HMSTR token, with prices surging from $0.001 to $0.1, reaching maximum bids of up to $137 before its official launch. They are […]
Australian crypto trader and analyst Jason Pizzino believes that extreme fear has permeated the market, leading to the current crash we are experiencing. The Fear and Greed Index hit its lowest reading in this cycle, suggesting a potential rebound is on the cards as investors snap up “discounted” projects. Altcoins have largely performed poorly since […]
$ONDO has recently lost its support and is now trading at a critical level, presenting a potentially intriguing buying opportunity, though it may still be too early to make definitive conclusions. Nine hours ago, a whale with the address 0xBef deposited 3 million $ONDO, worth approximately $2.95 million, to Bybit. This same whale had accumulated […]
Bitcoin’s price stands at $57,206, with an intraday 24-hour range between $54,296 and $58,441. The market capitalization is $1.12 trillion, and the 24-hour trade volume reaches $33.69 billion. Bitcoin Bitcoin’s 1-hour chart shows a recent downtrend from $58,441 to $54,296, followed by a sharp recovery to approximately $57,500. The support level is firmly established at […]
XRP price is struggling below the $0.4250 support zone. The price is consolidating losses and might struggle to recover above the $0.450 resistance. XRP price struggled to recover above $0.450 and started another decline. The price is now trading below $0.4250 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming […]
Bitcoin (BTC) correction below this level is set to put 2023-2024 buyers underwater, CryptoQuant community analyst noticed
Total cryptocurrency market capitalization. The current global crypto market cap is $2.04 trillion, a 4.56% increase over the last day. The total …
A widely followed crypto analyst says that investors likely can’t expect Bitcoin (BTC) to spark a rally for at least a few more months. In a new video update, crypto strategist Benjamin Cowen tells his 802,000 YouTube subscribers that based on history, the crypto king could be in a downtrend until September or October before […]
Crypto veteran Meltem Demirors says that one particular subsector of digital assets will birth “dozens” of multi-billion dollar projects in the future. Demirors tells her 263,000 followers on the social media platform X that she’s looking more closely at the future of decentralized physical infrastructure networks (DePINs). DePINs aim to leverage blockchain to give individuals […]
TL;DR Bitcoin recovered to $57,000 after dipping below $54,000, with analysts predicting a potential bull run up to $123,000. Positive indicators include reduced selling pressure and a favorable Relative Strength Index (RSI). BTC Ready to Fly Again? The last several days have been painful for Bitcoin bulls, with the asset’s price briefly plunging below $54,000 […]
Firedancer is a highly anticipated new validator client for the Solana blockchain, and its creator is calling on developers to look high and low for any critical bugs.
Dogecoin struggled to recover above the $0.1150 resistance zone against the US Dollar. DOGE is consolidating and might extend losses below $0.100. DOGE price is struggling to clear the $0.1150 resistance zone. The price is trading below the $0.1080 level and the 100-hourly simple moving average. There is a short-term bearish trend line forming with […]
Tron founder, Justin Sun, posted on X yesterday that he plans to launch a ‘gas-less’ stablecoin in Q4 of this year. This new stablecoin will likely compete with PYUSD from PayPal and USDC on Coinbase’s layer-2 network, Base. Sun’s move comes after Circle, the company behind USDC, cut ties with Tron earlier this year, discontinuing […]
PRESS RELEASE. RIYADH, Saudi Arabia – July 8, 2024 – Astra Nova, the revolutionary action RPG, is making significant strides as the 1st Web3 game to emerge from Saudi Arabia’s vibrant gaming landscape. Built on Unreal Engine 5, Astra Nova is captivating the gaming community with its innovative approach and immersive gameplay. Currently, Astra Nova […]
Metaplanet, a Japanese public company that started as a hotel operator, announced it purchased another ¥400 million ($2.5 million) in Bitcoin. This continues the firm’s strategy of adopting Bitcoin as a treasury reserve asset. JUST IN: 🇯🇵 Japanese public company Metaplanet buys another ¥400 million worth of #Bitcoin pic.twitter.com/mT4cPKEcSP — Bitcoin Magazine (@BitcoinMagazine) July 8, […]
Justin Sun has announced that developers are now working on a stablecoin transfer solution that can function without gas fees on the TRON (TRX) network. The crypto billionaire says the new service is set to roll out later this year, initially on TRON before expanding to Ethereum (ETH) and other EVM-compatible chains. “Our team is […]
A new crypto game on the instant messaging platform Telegram has been seeing phenomenal growth since its launch in March this year. According to Telegram CEO Pavel Durov, Hamster Kombat has attracted 239 million sign-ups over the past three months, making it the latest phenomenon on the internet. Hamster Kombat is a game where users […]
BlockDAG Blasts Off; 30,000x Returns Spark TON Frenzy Attracting Enthusiasts Amid Bybit vs. Coinbase Rumble Despite market upheavals, Toncoin (TON) supporters have stayed steadfast, echoing Dogecoin (DOGE) in their resilience. Meanwhile, Bybit has leapfrogged over Coinbase to secure the position as the second-largest crypto exchange by volume. Amidst these developments, BlockDAG emerges as a pivotal […]
BTC, DOGE, XRP, ADA posting price increases as market rebounds