[ad_1] Este artículo también está disponible en español. Bitcoin price started a recovery wave from the $57,200 zone. BTC is rising, but it might struggle to surpass the $60,200 and $61,150 resistance levels. Bitcoin is attempting a recovery wave above the $58,000 support zone. The price is trading above $58,000 and the 100 hourly Simple moving average. There was a break above a connecting bearish trend line with resistance at $58,350 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could face heavy resistance at $60,200 or $61,150 in the near term. Bitcoin Price Starts…
Author: dfrancis36
[ad_1] A recent report revealed that crypto-based investment products saw significant outflows last week. The negative flows, led by the largest cryptocurrency by market capitalization, surpassed $300 million on August 31, suggesting a broader adverse sentiment among investors in various regions. The US Leads Crypto ETPs $305M Outflows European digital asset manager CoinShares’ most recent report showed that crypto investment products were hit with $305 million in outflows in the past week. According to data from different providers and regions, the outflows hinted at a widespread negative sentiment, seemingly prompted by stronger macro data in the US. The adverse sentiment…
[ad_1] Este artículo también está disponible en español. The legal team for WazirX said today that the exchange’s customers doubt whether the exchange should be made whole in crypto terms. Another Jolt For The Affected WazirX Users Leading Indian cryptocurrency exchange WazirX suffered a massive security breach on July 18, 2024, resulting in hackers stealing $230 million of customers’ digital assets. In the latest development, the exchange’s legal advisers have opined that users are unlikely to recover their funds in full despite the ongoing restructuring process. Related Reading Speaking on a conference call with journalists, George Gwee, a director at…
[ad_1] Among the multitude of crypto tokens, Pepecoin (PEPE) once captured the attention of the meme-driven crypto community, but recent trends suggest that its glory days might be fading. As Pepecoin faces bearish trends, many investors are looking for more profitable opportunities, and Mpeppe (MPEPE) is emerging as a compelling alternative. Pepecoin’s Bearish Turn: What’s Behind the Decline? Pepecoin (PEPE) became a sensation in the meme coin world, riding high on the wave of internet culture and community enthusiasm. However, like many meme coins, PEPE’s success was largely built on hype rather than substance. Over time, the initial excitement surrounding…
[ad_1] Este artículo también está disponible en español. In the ever-evolving world of cryptocurrency, investors are always on the lookout for the next big opportunity. While established tokens like Bitcoin (BTC) and Ethereum (ETH) continue to dominate the headlines, a new contender is rapidly gaining attention: Mpeppe (MPEPE). This new gambling token has recently caught the eye of Ethereum (ETH) investors, who are spending big in anticipation of its potential. Ethereum’s Performance and Investor Sentiment Ethereum (ETH), the second-largest cryptocurrency by market cap, has faced a challenging period recently. The token lost nearly 16% of its value in August alone,…
[ad_1] The world’s richest man, Elon Musk, has hinted that Dogecoin (DOGE) could return as a payment method when buying Tesla merchandise. This follows his recent win in a class action lawsuit that accused him of manipulating the price of the foremost meme coin. Musk Suggests Tesla Could Soon Begin Accepting Dogecoin Again Musk suggested in an X (formerly Twitter) post that Tesla, the automotive company that he co-founded, could soon begin accepting Dogecoin again. Musk replied ‘Me’ to an X post by Sir Doge, a prominent member of the DOGE community, in which he asked who else wanted Tesla…
[ad_1] A popular analyst says he’s feeling bullish on crypto for the end of this year and is updating his outlook on Ethereum (ETH) and Solana (SOL). The pseudonymous trader known as Altcoin Sherpa tells his 222,400 followers on the social media platform X that he’s expecting a “full send” phase for crypto around December or perhaps early next year. “Personally I’m bullish going into late Q4 but until that time, I honestly have no idea. Still expecting some chop for Sept/October and then some fakeouts in November. Full send by December/January 2024 though.” Looking at Ethereum, the trader doesn’t…
[ad_1] Este artículo también está disponible en español. The Bitcoin recent price volatility, including a crash below $50,000 last month, has significantly slowed down the momentum of the bull run many analysts are anticipating. Despite the price lull, a certain crypto analyst believes that the Bitcoin bull run is still on track, predicting a sharp rise to over $100,000 once current price corrections stabilize. Bitcoin Bull Run Still Going Strong Popular crypto analyst, CryptoCon sees Bitcoin’s recent price drop as a minor setback, suggesting that the cryptocurrency’s highly anticipated bull run remains unfazed. The analyst took to X (formerly Twitter)…
[ad_1] On Sunday, the Cardano blockchain reached a notable milestone with implementing the Chang hard fork. This upgrade is pivotal for the blockchain, as it positions itself as one of the first major blockchain networks to adopt a token-based governance system. Cardano’s CEO, Charles Hoskinson, celebrated the achievement, asserting that the upgrade elevates Cardano above Bitcoin (BTC) in decentralization. Cardano Is A ‘Governance Virus’ In a recent social media post, Hoskinson underscored the nature of the recent upgrade and the network itself, describing it as “one of the greatest technological achievements in human history.” Hoskinson highlighted the scale of the…
[ad_1] Este artículo también está disponible en español. Ethereum (ETH) whales have been making headlines with their latest strategic move: adding Mpeppe (MPEPE) to their portfolios. This development comes as a surprise to some, but for those familiar with the potential of Mpeppe (MPEPE), it’s a calculated move that could pay off handsomely. Ethereum’s Current Market Outlook Ethereum (ETH) has long been a cornerstone of the crypto market, known for its robust smart contract capabilities and wide-ranging applications across decentralized finance (DeFi), non-fungible tokens (NFTs), and more. However, like all cryptocurrencies, Ethereum (ETH) has faced its share of volatility. Recently,…