[ad_1] Este artículo también está disponible en español. Memecoin Kamala Horris (KAMA) has seen its first notable increase in over a month, rising 7% in the last 24 hours, in response to comments made by US Vice President Kamala Harris, who pledged to support the growth of the crypto space if elected. Harris Promises Support For Crypto And AI Speaking to donors at a fundraiser in New York City on Sunday, Harris outlined her economic agenda, which aims to foster innovation in the artificial intelligence (AI) and digital asset sectors while ensuring consumer protection, according to Bloomberg. At the event…
Author: dfrancis36
[ad_1] Este artículo también está disponible en español. Bitcoin price gained pace above the $63,500 resistance. BTC tested the $64,800 zone and is currently correcting gains. Bitcoin is correcting gains from the $64,800 zone. The price is trading below $63,500 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance at $63,240 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could extend losses if it breaks the $62,450 support zone. Bitcoin Price Starts Pullback Bitcoin price extended its increase above the $63,500 level. BTC was able to…
[ad_1] The global digital asset investment market has significantly rebounded recently, marking a strong recovery for crypto-based funds. According to CoinShares, global crypto investment products brought in $321 million in net inflows last week. This follows two weeks of outflows, signaling a shift in investor sentiment as macroeconomic conditions, such as the recent US Federal Reserve’s decision to cut interest rates, play a major role in the crypto market’s direction. Bitcoin And Solana Lead The Inflow Surge As revealed in the CoinShares report, Bitcoin-based investment products continue to dominate the market, accounting for most of last week’s inflows. CoinShares shows that…
[ad_1] An analyst has pointed out two patterns forming in altcoin and Bitcoin-related charts that could suggest an altseason may be coming soon. Signs May Finally Be Aligning For An Altcoin Season In two new posts on X, analyst Ali Martinez has discussed some signals that could foreshadow an altcoin season. The first chart shared by the analyst is for the combined altcoin market cap, which is simply the combined cryptocurrency market cap excluding Bitcoin and Ethereum. The graph shows that the total altcoin market cap has been forming a pennant recently. The pennant is a pattern in technical analysis…
[ad_1] The crypto community is calling for a clearer stance and more actionable policies from Democratic presidential candidate Kamala Harris, according to US investment bank Bernstein. Clearer Stance Toward Digital Assets Expected From Harris In a memo shared with clients on September 23, 2024, analysts at Bernstein highlighted several reasons for the brief rally witnessed in digital assets over the weekend. One of the reasons is the prospect of bipartisan support for the crypto-economy. At a Wall Street fundraiser over the weekend, Harris remarked that her regime will “encourage innovative technologies like AI and digital assets while protecting consumers and…
[ad_1] As cryptocurrencies become more popular, it’s important to have a safe place to store your digital coins. Crypto wallets are the ultimate solution. These digital innovations have been specifically designed to safely store crypto holdings and can be used to make payment transfers. However, the market for them has become highly saturated as the crypto industry grows ever more competitive. With so many options available, picking the best crypto wallet for your needs can be overwhelming. A good crypto wallet should allow you to seamlessly buy, swap, receive, and sell cryptocurrencies and should cater to a vast range of them…
[ad_1] Bitcoin (BTC), the world’s largest cryptocurrency, has rallied over 22% in the past two weeks to trade at around $63,200, following a significant drop to $52,000 on September 6. This is the highest level BTC has reached in almost two months. Critical Resistance At $65,200 Looms According to a recent report from digital asset trading platform Bitfinex, this price increase was largely driven by the Federal Reserve’s (Fed) decision to cut interest rates, which helped propel BTC to a new local high of $64,200 on September 20. However, despite this positive momentum, Bitcoin is still just below a critical…
[ad_1] RCO Finance has emerged as a remarkable player, pulling in over $2 million in its ongoing crypto presale. This reflects a notable shift among investors, particularly those who have previously placed their bets on well-known tokens like Dogecoin (DOGE) and Shiba Inu (SHIB). As these investors reassess their portfolios, many choose the RCOF token, driven by the promise of substantial returns and a compelling roadmap for the future. With this transition, RCO Finance is positioning itself as one of the best crypto presales of 2024. RCO Finance Emerges as a New Contender in the Crypto Arena RCO Finance is…
[ad_1] A closely followed crypto analyst says that a clear bull pattern is forming for one artificial intelligence (AI)-focused altcoin while updating his outlook on three other tokens. Pseudonymous crypto trader Altcoin Sherpa tells his 223,300 followers on the social media platform X that a “clear bull trend” is underway for machine learning protocol Bittensor (TAO). The trader shares a chart suggesting that TAO has broken out of its multi-month accumulation range. “TAO never dropped to the range low. Expansion and clear bull trend now IMO (in my opinion), dips are for buying.” Source: Altcoin Sherpa/X TAO is trading for…
[ad_1] Recent market dynamics suggest DOGE is on the verge of an epic breakout as cryptocurrencies continue to exhibit bullish price action in a seven-day timeframe. This bullish price action has seen DOGE break above a descending trendline that has defined the peak of rallies since April. According to crypto analyst Ali Martinez, this is the first step in Dogecoin’s path to a sustained rally. All that’s left for the meme coin now is to break above the $0.11 price level, with technical indicators like the RSI now pointing to a bullish outlook. Dogecoin Ready For Bullish Breakout Dogecoin now…