Author: dfrancis36

[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…

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[ad_1] Este artículo también está disponible en español. Bitcoin price started a fresh decline below the $63,500 level. BTC is now consolidating above $60,000 and might face many hurdles on the upside. Bitcoin is down over 5% from the $65,000 resistance zone. The price is trading below $63,500 and the 100 hourly Simple moving average. There is a connecting bearish trend line with resistance at $62,800 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another increase if it stays above the $60,500 support zone. Bitcoin Price Takes Hit Bitcoin price started a…

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[ad_1] Bitcoin (BTC) mining companies are experiencing significant challenges as a key measure of profitability has reached its lowest point in recent records.  Analysts from JPMorgan Chase, Reginald L. Smith and Charles Pearce, indicated that daily block reward gross profit for miners declined by 6% month-over-month in September. This marks the third consecutive month of falling daily mining revenue and gross profit, despite a slight uptick in average Bitcoin prices. Bitcoin Halving Leads To Significant Revenue Decline According to the analysts, the decline in miners’ revenues can be attributed to BTC’s software update, namely the Halving that took place in…

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[ad_1] Shiba Inu has published its latest hyper-casual game, Shiboshi Rush, now available for Android users. The game, described as an action-packed adventure, was announced today by Shiba Inu’s marketing lead Lucie (@LucieSHIB) via X. Lucie shared, “Get ready for Shiboshi Rush, the exciting new game from Shiba Inu Games! In this action-packed adventure, players will fend off the Shadowcat army with their Shiboshi army.” Shiba Inu Releases Its Next Game Shiboshi Rush is designed as a hyper-casual action game where players are tasked with assembling an army of Shiboshis to defeat the invading “Shadowcat forces.” Players must strategically place…

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[ad_1] Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more determined, channeling his experience into over three years of…

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[ad_1] On Tuesday, Bitcoin (BTC) fell below the critical $63,000 threshold, reflecting a broader decline in the cryptocurrency market, which has shed nearly $200 billion in total market capitalization over the weekend.  This drop follows Bitcoin’s recent two-month peak of $66,500, achieved just last Friday, which had ignited bullish sentiment among investors looking forward to the last quarter of the year. However, a series of geopolitical developments, particularly rising tensions in the Middle East, may test the resilience of risk assets like Bitcoin.  Bitcoin Under Pressure As Investors Sell Into Gold Market expert Jeroen Blokland, founder of the Blokland Smart…

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[ad_1] A crypto strategist who supercharged his following after nailing the Bitcoin (BTC) 2018 bottom believes one memecoin is gearing up to spark more rallies. Pseudonymous analyst Bluntz tells his 277,200 followers on the social media platform X that he thinks the frog-themed, Ethereum (ETH)-based meme token Pepe (PEPE) is set to witness bullish continuation after pulling back in the last few days. The trader shares a chart suggesting that PEPE will rally close to $0.000014 before ending its five-wave surge. “Nice little PEPE dip this fine Sunday evening, I think it should be bottoming around here any minute now.…

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[ad_1] Gemini, the prominent American cryptocurrency exchange, has made a significant announcement that’s sending ripples through the Canadian crypto community. Users will have a very short 90 days to request a withdrawal due to this move. Gemini will shut all customer accounts in Canada with limited exclusions effective December 31, 2024, according to an email. Users who have depended on Gemini for digital asset transactions may be concerned about the future of crypto trading in Canada and the consequences of this sudden shift. Regulatory Pressures Prompt Exit Gemini withdrew its services once the CSA passed fresh rules. To keep serving…

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[ad_1] Este artículo también está disponible en español. Cardano has seen a strong 26% surge following the Federal Reserve’s interest rate cuts announcement two weeks ago, boosting optimism across the crypto market.  Analysts and investors are questioning the sustainability of the recent surge. Despite the initial rally, Cardano’s price failed to close above a key resistance level, signaling potential weakness in the uptrend. Related Reading On-chain data from Santiment reveals a decline in demand for ADA, adding to investor caution. Decreased network activity and buying pressure raise doubts about the sustainability of the current rally.  As the market awaits further…

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[ad_1] As Ripple approaches a resolution in its ongoing legal dispute with the US Securities and Exchange Commission (SEC), crypto asset manager Bitwise Invest has taken a significant step by filing the first application for an spot XRP ETF in Delaware.  Bitwise’s XRP ETF Application This filing, reported by Fox journalist Eleanor Terret, was officially submitted on September 30, and sources within Bitwise have confirmed the authenticity of this development. The approval of this ETF could have considerable implications for the broader cryptocurrency market. The filing comes at a pivotal moment for Ripple, as the company is awaiting the SEC’s…

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