[ad_1] Bitcoin is on a tear, easing past the psychological round number at $70,000. At press time, the world’s most valuable coin is approaching $72,000, a critical resistance level that marks June 2024 highs. Bitcoin Breaks Above $70,000 And Descending Triangle As buyers press on, reversing losses of the second half of last week and soaring to print a three-month high, one analyst has also picked out another crucial development. In a post on X, the technical analyst said not only is the price firm at press time, but the explosion over the last two days means the coin is…
Author: dfrancis36
[ad_1] The Royal Government of Bhutan has transferred approximately 929 Bitcoin (BTC), valued at around $66.16 million, to the crypto exchange Binance. On-chain data service Lookonchain first reported the transaction via X. The transfers occurred in two tranches: an initial 100 BTC (approximately $7.1 million) at 9:09 am UTC, followed by an additional 839 BTC (about $59 million) at 9:56 am UTC. This information was corroborated by the on-chain analytics platform Arkham, which has been monitoring Bhutan’s holdings since September. Notably, this is the first time Bhutan has sent Bitcoin to a crypto exchange since depositing 381 BTC, worth $24.1…
[ad_1] Dogecoin is up over 20% and trading above the $0.1650 support zone against the US Dollar. DOGE must clear the $0.1780 resistance to continue higher. DOGE price started a major increase above the $0.1500 resistance level. The price is trading above the $0.1650 level and the 100-hourly simple moving average. There is a key bullish trend line forming with support at $0.1715 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could continue to rise if it clears the $0.1780 and $0.1800 resistance levels. Dogecoin Price Eyes More Gains Dogecoin price started a fresh…
[ad_1] Paxos CEO Charles Cascarilla recently issued a letter to both Republican and Democratic candidates Donald Trump and Kamala Harris, highlighting the critical role the next presidential administration will play in determining America’s position in the crypto and global financial landscape. Paxos CEO Advocates Modern Financial Infrastructure Cascarilla articulated that the global financial system is “outdated and inefficient,” calling for a reevaluation of how financial services operate. He pointed out that while the economy has rapidly evolved through technology and the internet, traditional banking has lagged behind. Notably, he highlighted that 20% of the US population and 40% of the…
[ad_1] Este artículo también está disponible en español. Ethereum price started a fresh increase above the $2,580 resistance. ETH is still very far from a new all-time high while Bitcoin is near ATH. Ethereum started a decent increase above the $2,620 zone. The price is trading above $2,580 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $2,530 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to rise if it clears the $2,650 and $2,680 resistance levels. Ethereum Price Climbs Slowly Ethereum price formed a base…
[ad_1] Digitalization is the way forward, and the European Central Bank has found the key: a digital Euro. In development since 2021, the planned digital Euro will help fast-track the region’s shift towards safer and more convenient online payments. Like cash, the ECB envisions its digital currency as widely accessible, risk-free, and free to use. However, the road to Euro’s digitalization has been paved with politics and controversies. Politico reports that some European Union governments are reportedly expressing concerns over the ECB’s regulation of the digital Euro. In its report, Politico said there’s an ongoing “tug-of-war” between several EU governments,…
[ad_1] Este artículo también está disponible en español. According to Bitfinex, Bitcoin (BTC) volatility is set to intensify over the next week. A “potent mix” of geopolitical and macroeconomic factors has significantly influenced the flagship crypto’s performance, with anticipation for the outcome of the US election and Q4’s close setting a potential target of $80,000 by year-end. Related Reading Bitcoin Volatility About To Reach Its Peak Crypto exchange Bitfinex’s recent report shared that Bitcoin’s price could hit $80,000 by the end of the year due to a convergence of geopolitical uncertainty, macroeconomic factors, seasonality, and the increasing influence of the…
[ad_1] Este artículo también está disponible en español. Investors got excited as Dogecoin experienced a big price upsurge making it the best-performing cryptocurrency in the last 24 hours after a massive campaign rally by presidential candidate Donald Trump. Dogecoin’s price spiked following the disclosure that the Tesla CEO is being considered as the head of a proposed department. Related Reading Musk As Gov’t Efficiency Head Former US president Trump, who is eyeing a White House comeback, announced that Tesla CEO Elon Musk will hold a key position in his administration once he emerges triumphant in the upcoming US elections. Trump…
[ad_1] A new bullish price target has been set for the Shiba Inu price, with an analyst revealing the major trigger that could push this top meme coin to the $0.000081 level. This optimistic price forecast follows recent substantial gains experienced by Shiba Inu, indicating a potential for a major rally. Shiba Inu Price Path To A $0.000081 Popular crypto analyst, Javon Marks, took to X (formerly Twitter) on October 28, to announce that Shiba Inu, the second-largest meme coin by market capitalization is now in a breakout phase. Already, several bull patterns have been spotted, suggesting that SHIB could…
[ad_1] Este artículo también está disponible en español. In his latest video analysis titled “I Just APED Into This Hidden RWA Altcoin Gem! [20x Potential],” prominent crypto analyst Miles Deutscher unveiled Chintai (CHEX) as his latest high-conviction investment within the Real World Assets (RWA) sector. Deutscher believes Chintai could offer significant upside potential—up to 1,900% (20x)—in the upcoming market cycle. Deutscher has consistently highlighted RWA tokens as one of his top investment narratives, ranking third behind memecoins and AI for this crypto bull run. “When I look at narratives that can actually change the fabric of crypto and really offer…