[ad_1] Este artículo también está disponible en español. Bitcoin (BTC) has been consolidating above the $90,000 support zone for the last ten days, reaching its latest all-time high (ATH) of $99,645 about a week ago. Since then, the cryptocurrency has closed below a short-term downtrend line, failing to break above it and potentially risking a drop to two-week lows. Related Reading Bitcoin Faces ‘Moment Of Truth’ Bitcoin is having one of the best months in the cryptocurrency’s recent history, jumping over 47% from its monthly opening to its latest ATH. Since November 18, BTC has been moving within the $90,000-$99,000…
Author: dfrancis36
[ad_1] Este artículo también está disponible en español. Crypto analyst TradingShot recently discussed the Bitcoin price rejection at $99,000, providing insights into whether this was temporary or marked the end of the bull rally. His analysis indicated that this price rejection was temporary and that Bitcoin would still reach the $100,000 mark and possibly surpass it. Bitcoin Price Rejection At $99,000 Likely Temporary In a TradingView post, TradingShot suggested that the Bitcoin price rejection at $99,000 is likely temporary. As to what could have caused this price rejection, the analyst noted that this could be due to the exhaustion of…
[ad_1] Deribit, a platform known for offering cryptocurrency options trading, will launch spot and derivatives trading in the UAE on 1 January 2025, migrating all activities to the Dubai-based entity. It plans to transfer USD 50 billion in open interest to its Dubai entity.Moving to DubaiThe announcement, made today (Friday), follows Deribit FZE receiving a licence from Dubai’s Virtual Assets Regulatory Authority (VARA) and relocating its headquarters to the city.The exchange further clarified it will consolidate all flows and activities into its Dubai entity. This means the VARA-licensed entity will offer all its products, including spot, perpetuals, futures, options, and…
[ad_1] Japanese authorities are strengthening their campaign against illegal crypto gambling among local players, particularly those registered in offshore licensed casinos. According to multiple sources, local police have reportedly arrested local players of offshore casinos using a crypto tracking tool. The Asahi Shimbun and Nikkei report that authorities referred 10 people in Chiba and Tokyo Prefecture to the prosecutors on allegations of gambling at offshore casinos. Police have identified around 130 players nationwide, which shall face inquiries. This is the first time that the Japanese authorities have used a crypto-tracking tool in their operations against online gambling. While Japan allows…
[ad_1] A widely followed cryptocurrency trader and analyst is turning bullish on a competitor to Dogecoin (DOGE) and Shiba Inu (SHIB) while offering his forecast for Bitcoin (BTC) and the decentralized finance (DeFi) altcoin Jupiter (JUP). The trader pseudonymously known as Bluntz tells his 300,000 followers on the social media platform X that the meme token Pepe (PEPE) is on the cusp of a breakout after a correction of around 30% from the all-time high reached earlier this month. Based on the pseudonymous analyst’s chart, it appears that Bluntz sees PEPE going up by around 60% from the current level…
[ad_1] Este artículo también está disponible en español. Ethereum is finally seeing a notable rebound in its price as the second-largest cryptocurrency by market capitalization, which continues to break through significant resistance levels. Following its upward trajectory, seeing a nearly 10% increase in the past week, discussions about Ethereum potentially reaching a new all-time high by the year’s end have gained momentum. Notably, aligning with the ongoing ETH rally is renewed interest in Ethereum futures, with market metrics pointing to a bullish sentiment among traders. Related Reading More Room For Growth? A CryptoQuant analyst known as ShayanBTC recently shared insights into the ongoing rally…
[ad_1] FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech, and digital assets come together! Join over 2,500 industry professionals, engage with 150+ expert speakers, and discover endless opportunities with 70+ top exhibitors. FMLS:24 is where senior executives and…
[ad_1] Hong Kong has recently announced a bold move to strengthen its position as a global financial hub, particularly in the cryptocurrency sector. In a recent proposal, the Financial Services and Treasury Bureau in Hong Kong has suggested “waiving capital gains tax” on investments in cryptocurrencies and other alternative assets for hedge funds, private equity funds, and certain family offices. Strengthening Hong Kong’s Position as a Digital Asset Hub According to Reuters, the consultation paper circulated earlier this week outlines plans to extend tax exemptions beyond traditional assets to include virtual assets, overseas properties, carbon credits, and private credits. According…
[ad_1] Este artículo también está disponible en español. After briefly retreating to $90,000 earlier in the week, Bitcoin has rebounded strongly, climbing above the $95,000 price. Currently trading at $95,224, Bitcoin has recorded a 7% gain over the past two weeks, signaling renewed bullish momentum. Related Reading Key Indicators Highlight Best Buying Opportunities As Bitcoin continues its rally, CryptoQuant, a prominent on-chain analytics platform, has shared insights into key metrics that could help potential investors determine optimal entry points. Drawing on historical data and market behaviour, CryptoQuant highlights the patterns of price corrections, short-term holder strategies, speculative bets, and trading…
[ad_1] Following its massive rally above the $0.3 mark, the Dogecoin price has been struggling to break past the $0.4 resistance for weeks. A crypto analyst has revealed what could happen if Dogecoin fails to clear this crucial resistance, highlighting bearish scenarios and new price lows for the meme coin. The Dogecoin Price If It Fails To Stay above $0.4 The Dogecoin price has been stuck in a consolidation phase after experiencing double-digit gains this month. Earlier in November, Dogecoin rose from around $0.2 to over $0.4, driven by increased demand fueled by the post-election bullish sentiment. While many expected…