[ad_1] Este artículo también está disponible en español. In his latest video analysis titled “BITCOIN’S One Indicator Signaling LAST Major Dip,” Dan Gambardello, a noted crypto analyst with 370,000 subscribers on YouTube, delves into the latest price action of Bitcoin to forecast what could potentially be the final major dip. After dropping as low as $60,000 on Wednesday, the fear of another deeper price crash has grabbed the Bitcoin market. Why This Could Be The Final Leg Down For Bitcoin Gambardello emphasizes the significance of the daily and six-hour charts. On the daily chart, Bitcoin is currently testing the 50-day…
Author: dfrancis36
[ad_1] A recent study has found that despite the long-held belief that crypto assets facilitate criminal activity, perpetrators still overwhelmingly prefer cash for their illicit transactions. This revelation, published by Fortune and sourced from the Crypto Information Sharing and Analysis Center (CryptoISAC), challenges the narrative that digital assets are the first choice for criminal organizations such as Hamas. TradFi Systems Estimated To Launder Up To $2 Trillion Annually The study, “Blockchain’s Role in Mitigating Illicit Finance,” was developed in collaboration with Robert Whitaker, the director of law enforcement affairs at Merkle Science and a former supervisory special agent at the…
[ad_1] Este artículo también está disponible en español. Veteran trader Peter Brandt believes that the recent rally of Bitcoin still isn’t enough to flip the long-term bearish trend. While BTC did have a brief surge, he insists it hasn’t reached the levels needed to confirm a bullish reversal. Bitcoin needs to break $71,000 first and then confirm that, says Brandt. And while he claims this, other market analysts such as Jesse Colombo and Roman warn that geopolitical tensions and market patterns might bring BTC down even further. Related Reading QCP Capital highlights cautious optimism, noting that the recent sell-off appears…
[ad_1] On-chain data shows the Bitcoin long-term holders have seen their supply register a sharp net increase over the past month. Bitcoin Long-Term Holder Supply Is Rapidly Growing Right Now As explained by CryptoQuant community manager Maartunn in a new post on X, BTC supply has recently been maturing into the long-term holder cohort. The “long-term holders” (LTHs) refer to the Bitcoin investors who have been holding onto their coins since more than 155 days ago. The LTHs make up one of the two main divisions of the BTC sector done on the basis of holding time, with the other…
[ad_1] Este artículo también está disponible en español. The Dogecoin price reaching as high as $10 has long been anticipated by the DOGE community who have remained loyal to the meme coin despite various crashes that have rocked the price. Even with Dogecoin sitting more than 85% below its May 2021 all-time high of $0.73, expectations for the meme coin’s performance are still very high. Given its historical performance, the DOGE price usually gets a window of opportunity for a surge, and it seems like another window is finally opening up. The Bullish Thesis For Dogecoin Crypto trader and analyst…
[ad_1] Bitcoin is down at writing, slipping roughly 8% from September highs. After two days of losses, BTC is starting Q4 2024 on the wrong footing, with the real risk of prices sliding below $60,000 and back to September and August lows. Bitcoin Slips: Did Q4 2024 Lows Print At Around $60,000? One analyst on X is optimistic about the world’s most valuable coin, which is flat and hanging by a thread. In a post, the analyst said the recent setback should be seen positively. Moreover, the trader continued, Bitcoin, even with the pain holders faced in early October 2024,…
[ad_1] Este artículo también está disponible en español. Crypto trading firm QCP Capital says the “shallow sell-off” in crypto markets following Iran’s recent attack on Israel indicates healthy market demand for risk-on assets. Crypto Market Remains Well Bid For Risk Assets Despite Iran launching over 180 missiles toward Israel yesterday, the sell-off in traditional financial (TradFi) assets was relatively muted. The S&P 500 closed 1% lower, while U.S. benchmark West Texas Intermediate (WTI) oil prices rose 2%. In contrast, the digital assets market was hit relatively harder, with Bitcoin (BTC) sliding more than 5% following Iran’s attack. The total crypto…
[ad_1] The Securities and Exchange Commission (SEC) yesterday (Wednesday) formally moved to appeal a federal judge’s decision in the regulator’s case against Ripple, which resulted in a $125 million fine.SEC Files “Notice of Appeal”The regulator filed a “notice of appeal” to the Second Circuit Court of Appeals, indicating its intention to challenge the final judgement by Judge Analisa Torres, who closed the four-year-old case against the crypto company last August.A “notice of appeal” is a formal filing in a superior court by a party involved in a lawsuit, notifying the court and the opposing side of its decision to appeal.Although…
[ad_1] Este artículo también está disponible en español. Bitcoin price is consolidating above the $60,000 support. BTC could aim for a fresh increase unless there is a close below the $60,000 support. Bitcoin is consolidating above the $60,000 support zone. The price is trading below $61,500 and the 100 hourly Simple moving average. There is a key bearish trend line with resistance at $61,550 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another increase if it stays above the $60,000 support zone. Bitcoin Price Starts Consolidation Bitcoin price extended its decline from…
[ad_1] Marathon Digital Holdings, the largest publicly listed Bitcoin (BTC) miner on Wall Street (NASDAQ: MARA), has caught the attention of financial group Macquarie, which initiated coverage of the company’s shares with an “Outperform” rating. Due to the company’s moves towards the artificial intelligence (AI) industry, the stock is expected to grow by nearly 50% in the coming weeks and months.On September 24, 2024, Macquarie initiated coverage of Marathon Digital Holdings with an “Outperform” recommendation. This positive outlook for MARA’s stock has garnered attention in the financial markets.A $22 price target would be MARA’s highest since late July and would…