[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…
Author: dfrancis36
[ad_1] Crypto expert Andrew Kang has made a bullish case for meme coins, including the foremost ones like Dogecoin (DOGE) and Shiba Inu (SHIB). He suggested that this category of crypto tokens could be the biggest gainer during the anticipated year-end rally. Meme Coins Still Have More Room To Run Kang mentioned in an X (formerly Twitter) post that meme coins probably account for most of the coins that have a chance of making new highs. He added that market participants must be quite selective, seeing as hundreds of meme coins exist. Kang provided this bullish outlook for meme coins…
[ad_1] Ethereum price is moving higher above the $3,080 resistance zone. ETH could gain bullish momentum if there is a close above the $3,150 resistance. Ethereum is slowly moving higher above the $3,050 level. The price is trading above $3,050 and the 100-hourly Simple Moving Average. There was a break above a short-term bullish flag with resistance near $3,090 on the hourly chart of ETH/USD (data feed via Kraken). The pair could gain bullish momentum if there is a close above the $3,150 resistance zone. Ethereum Price Could Extend Gains Above $3,150 Ethereum price extended its recovery wave above the…
[ad_1] In a regulatory victory for the largest cryptocurrencies, Bitcoin (BTC) and Ethereum (ETH) were officially classified as commodities during Wednesday’s Digital Commodities Senate AG hearing. Court Backs Bitcoin And Ether’s Commodity Status According to live coverage of the hearing by Fox journalist Eleanor Terret, Rostin Behnam, Chairman of the US Commodities Futures Trading Commission (CFTC), it was confirmed that an Illinois court had validated the status of BTC and ETH as digital commodities under the Commodity Exchange Act. The decision aligns with the CFTC’s position, which is notoriously at odds with previous statements by Securities and Exchange Commission (SEC)…
[ad_1] Bitcoin price struggled to clear the $59,500 level. BTC is moving lower and now at risk of more downsides toward the $56,000 level. Bitcoin started another decline from the $59,475 resistance zone. The price is trading above $57,200 and the 100 hourly Simple moving average. There was a break below a key bullish trend line with support at $57,900 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another major decline if it fails to stay above the $57,200 support. Bitcoin Price Faces Trouble Bitcoin price extended its recovery wave above the…
[ad_1] For a while now, the German government has been reported to be offloading its Bitcoin holdings, thereby adding significant selling pressure on the flagship crypto. On-chain data shows that they still hold a significant amount of BTC, which they have no option but to sell. How Much Bitcoin The German Government Holds Data from the on-chain analytics platform Arkham Intelligence shows that the German government still holds almost 24,000 BTC ($1.42 billion). Further data shows they are still looking to offload more of their holdings, as they have transferred over 1,100 BTC in the last 24 hours to crypto…
[ad_1] The Department of Justice (DOJ) charged two former consultants for Coins.ph, a well-known crypto currency exchange, in an action shocking the Philippine bitcoin community. Russian nationals Vladimir Evgenevich Avdeev and Sergey Yaschuck are accused of launching a carefully thought out hack that led in the loss of an astounding 12.2 million XRP, valued at around PHP 340 million (about $7 million USD). Trust Breached: Using Inside Knowledge Leveraging their former consulting positions at Coins.ph, Avdeev and Yaschuck allegedly used their thorough awareness of the company’s network infrastructure and security systems. Investigators said that this insider information let them have…
[ad_1] A closely followed crypto trader is predicting a massive rally for modular blockchain network Celestia (TIA). Pseudonymous trader Criptopaul tells his 109,000 followers on the social media platform X that TIA could soar to $24, a more than 231% gain from the current value. “I accumulated a large amount of TIA here after predicting a significant drop during its past ATH (all-time high) and the previous great hype caused by its novel on early stage. It’s exactly at the level where I thought it would be a great buying opportunity; I will accumulate more if we see $5 again…
[ad_1] Dogecoin has been in a price decline for the past seven days as the entire crypto market continues to be dominated by a fear sentiment. Furthermore, the meme cryptocurrency recently encountered rejection due to fresh bearish pressure. This occurred as the cryptocurrency attempted to recover some of the losses it had sustained last week. According to various social media posts by whale transaction tracker Whale Alerts, there have been multiple instances of large Dogecoin transfers in and out of exchanges during this price decline, with the latter being prevalent and contributing to the decline. Notable among these transfers is…
[ad_1] President Donald Trump has been officially announced as a speaker at Bitcoin 2024, the world’s largest Bitcoin conference, taking place in Nashville, Tennessee, July 25-27. This announcement marks a significant milestone for the event, which has earned a reputation for historic news and major industry announcements.ANNOUNCING: PRESIDENT DONALD J. TRUMP TO SPEAK AT #BITCOIN2024 pic.twitter.com/F2mwECVMTW— The Bitcoin Conference (@TheBitcoinConf) July 10, 2024 Bitcoin 2024 is set to build on the success of the previous three conferences held in Miami. Bitcoin 2021 made headlines when El Salvador’s President Nayib Bukele declared Bitcoin legal tender. Bitcoin 2022 and Bitcoin 2023 continued…