[ad_1] Rising as one of the best-performing meme coins, Shiba Inu (SHIB) keeps making headlines in the crypto scene. The meme coin has jumped by over 30% during the past month, drawing both retail and analytical interest. Some analysts think SHIB may soon overcome a major resistance level with a community-driven rally bringing its market capitalization over $11 billion, therefore enabling even further gains. This thrill is driven mostly by a prediction from a pseudonymous analyst called FOUR. Fueled by what he describes as a “hyper meme coin cycle,” FOUR claims Shiba Inu is poised to hit new peaks. FOUR…
Author: dfrancis36
[ad_1] In a recent interview with journalist Madison Reidy, Michael Saylor, CEO of MicroStrategy, stirred a massive controversy within the Bitcoin community with his remarks on custody and regulation. The discussion centered around the risks associated with large institutions holding significant amounts of BTC and the potential for government seizure or confiscation, reminiscent of historical events like the gold confiscation under Executive Order 6102 in 1933. When questioned about the risks of having a significant amount of BTC held by third-party custodians and large institutions, Saylor dismissed concerns of increased seizure or confiscation. He argued that BTC is safer in…
[ad_1] Este artículo también está disponible en español. Ethereum price struggled to continue higher above the $2,750 resistance. ETH started a downside correction and traded below the $2,680 support. Ethereum started a downside correction below the $2,680 support. The price is trading below $2,650 and the 100-hourly Simple Moving Average. There was a break below a key bullish trend line with support near $2,680 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it clears the $2,650 and $2,680 resistance levels. Ethereum Price Trims Gains Ethereum price remained stable above the…
[ad_1] A crucial momentum indicator for Bitcoin (BTC) has turned positive, as the premier cryptocurrency attracted more than $2.1 billion in spot exchange-traded fund (ETF) weekly net inflows. New Bitcoin All-Time-High In Sight? Bitcoin could be heading to a new all-time high (ATH) price, as the moving average convergence divergence (MACD) histogram has turned positive on the weekly chart for the first time since April 2024. For the uninitiated, the MACD histogram is a crucial momentum indicator widely used to gauge the future price of the underlying asset. The indicator helps traders identify shifts in momentum, with positive values suggesting…
[ad_1] Este artículo también está disponible en español. Crypto analyst Miles Deutscher, boasting 550,000 followers on X, has released a new video titled “My Plan To Make Millions In Crypto By March 2025! [Fool Proof Strategy].” In this analysis, Deutscher outlines his strategic approach to navigating the current crypto bull run. The Start Of The Bitcoin Bull Run First, Deutscher highlights the bullish outlook for Bitcoin, particularly on the monthly chart. “We have been consolidating above the high that we made in 2021 in February for a matter of eight months now,” he notes. “On the higher time frames, Bitcoin…
[ad_1] The publicly-listed Bitcoin (BTC) miner from Wall Street, BitFuFu (NASDAQ: FUFU), announced today (Tuesday) its plans to acquire a majority stake in an 80-megawatt (MW) crypto mining facility in Ethiopia. The US company is seeking access to cheaper energy in East Africa due to increasingly lower margins in the BTC mining industry.The problem lies in the rising costs. For BitFuFu, they increased by 170% over the past year, shrinking net profit by 75%.Wall Street Bitcoin Miner BitFuFu Purchased BTC Mine in EthiopiaThe acquisition will boost BitFuFu’s total hosting capacity to over 600 MW, with approximately 13% now under direct…
[ad_1] “It’s mostly paranoid crypto anarchists that say that.” With these eight words, issued on the “Markets with Madison” podcast, Microstrategy CEO Michael Saylor evoked outrage from just about everyone in Bitcoin. Shinobi called him a “spook.” Carvalho was confused. Svetski claimed this will start the next Fork Wars.Put simply, Saylor said a bad thing. He broke the taboo. He said you’re better off trusting your Bitcoin in state custody than holding your own private keys, then went further, calling out all of the businesses engaged in custody projects by calling them effectively bullshit salesmen. It was, shall we say, a…
[ad_1] XRP price is struggling to clear the $0.5550 resistance. It must stay above the $0.5250 support zone to attempt a fresh increase in the near term. XRP price is consolidating above the $0.5320 zone. The price is now trading below $0.5500 and the 100-hourly Simple Moving Average. There was a break below a connecting bullish trend line with support at $0.5500 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could gain bullish momentum if it clears the $0.5550 and $0.5580 resistance levels. XRP Price Trades In A Range XRP price remained stable above…
[ad_1] Binance co-founder Changpeng Zhao recently warned the crypto community about a wave of fake social media accounts targeting investors. The former CEO, also known as ‘CZ,’ called out X’s team, urging them to be more efficient with fake accounts. Binance Co-Founders Warn The Community On Monday, Binance’s Changpeng Zhao took X to warn his nearly nine million followers about fake social media accounts targeting crypto investors. CZ shared a post from a community member exposing the issue. Per the original post, some accounts impersonated Binance’s former CEO and Yi He, co-founder and Chief Customer Service Officer at the crypto…
[ad_1] Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked on a journey that would lead him to become…