[ad_1] Bitcoin has been on a bumpy ride in recent days. The world’s most popular cryptocurrency has seen its price steadily decline, raising concerns about a prolonged bear market. However, beneath the surface, some analysts are detecting faint bullish whispers that could signal a potential reversal. Related Reading Buying Pressure Emerges, But Can It Overcome The Downtrend? One glimmer of hope comes from the Bitcoin Taker Buy Sell Ratio, a metric that tracks the balance between buy and sell orders on exchanges. According to NewBTC’s analysis, this ratio has recently dipped below one, indicating a bearish sentiment. On several exchanges,…
Author: dfrancis36
[ad_1] The cryptocurrency exchange Bybit has integrated Apple Pay with its Bybit Card. This new feature promises a blend of security, convenience, and better pricing for users purchasing cryptocurrencies through the Bybit app or website.Access to 20+ Fiat CurrenciesAccording to the press release, this latest offering enables Bybit’s users to access over 20 fiat currencies to purchase digital assets with Apple Pay, reportedly with zero transaction fees until July 1, 2024, 10 AM UTC. This promotion aims to encourage users to easily buy cryptocurrencies with their preferred payment currency directly through Apple Pay.Apple Pay offers a payment method that is…
[ad_1] Robert Kiyosaki, the author of the renowned book “Rich Dad Poor Dad,” recently revealed Bitcoin is the easiest way anyone can become a millionaire. The renowned finance author is known to be a huge advocate of digital assets and again made a case for them while making this revelation. The “Easiest Way” To Become A Millionaire Kiyosaki mentioned in an X (formerly Twitter) post that Bitcoin is the easiest way to become a millionaire. He highlighted how making millions as an entrepreneur can be. The renowned finance author noted that one has to be “really smart, dedicated, and lucky”…
[ad_1] Arthur Hayes, co-founder of crypto exchange BitMEX, has predicted that the blockchain Aptos (APT) is poised to surpass Solana (SOL) in prominence and utility in the race for the second largest Layer 1 (L1) blockchain behind Ethereum within the next two to three years. Hayes conveyed his thoughts during a detailed interview with macro analyst Raoul Pal. Aptos Could Overtake Solana Hayes indicated that the potential for Aptos to outperform Solana and ascend as the second-ranking L1 protocol after Ethereum is significant, but did not delve into the specific catalysts behind his assertion during the conversation. He promised a…
[ad_1] The Securities and Exchange Commission (SEC) has countered the proposal of Ripple Labs to lower the penalty against it to $10 million, saying “it would not satisfy the purposes of the civil penalty statutes.”Ripple’s Attempt to Lower the PenaltyThe SEC’s counter came on Friday, only a day after Ripple cited the recent settlement of the regulator with Terraform Labs and its former CEO, Do Kwon, to reduce a previously proposed civil penalty of $876.3 million to $10 million.Ripple’s lawyers argued that the penalty proposed against the blockchain company by the regulator was “unreasonable” when compared to the civil penalty…
[ad_1] Australia’s largest stock market, the Australian Securities Exchange (ASX), approved listing the first Bitcoin exchange-traded fund (ETF) on its platform on June 20. The issuer will be VanEck, and the instrument will be dubbed the VanEck Bitcoin ETF (VBTC).BREAKING: 🇦🇺 Australia’s largest stock exchange, ASX has approved its first spot #Bitcoin ETF. pic.twitter.com/M4kApaqfhW— Bitcoin Magazine (@BitcoinMagazine) June 17, 2024 The decision of the leading Australian stock exchange came after the success of Bitcoin ETFs in the United States, where 11 such instruments have been listed since January. Hong Kong also launched Bitcoin ETFs following the US.Arian Neiron, CEO and…
[ad_1] A widely followed crypto analyst says that deep-pocketed investors are accumulating billions of dollars worth of Ethereum (ETH) as the leading smart contract platform flashes a bullish signal on its daily chart. In a new thread, crypto strategist Ali Martinez tells his 65,400 followers on the social media platform X that in the past weeks, Ethereum whales have been busy gobbling up the leading altcoin. “Ethereum whales have bought over 700,000 ETH in the past three weeks, totaling approximately $2.45 billion!” Source: Ali Martinez/X The whale accumulation comes as Martinez says that Ethereum is displaying a bullish signal on…
[ad_1] As Bitcoin enters a pivotal week, market participants are closely monitoring several key indicators and events that could determine its near-term trajectory. Renowned crypto analyst Ted (@tedtalksmacro) has provided an in-depth analysis, highlighting the critical factors at play. Weekly Bitcoin Preview Ted’s analysis begins by contextualizing the broader macroeconomic environment. Last week’s US Consumer Price Index (CPI) and Producer Price Index (PPI) data were optimistic for risk assets, highlighting a continued disinflationary trend. “Both CPI and PPI data were optimistic for risk assets, with each showing that the disinflationary trend remains,” Ted noted. However, he cautioned that the Federal…
[ad_1] HTX, a Singapore-based cryptocurrency exchange, has announced the appointment of Hassan Sunny, the national football team goalkeeper, as its new Chief Safeguarding Officer (CSO). Although the move is promoted to bolster the exchange’s commitment to ensuring “the safety and security of user assets” in the crypto world, It is essentially a sponsorship agreement with a new ambassador from the world of sports.HTX Appoints Hassan Sunny as Chief Safeguarding OfficerSunny, who recently gained national hero status in China for his performance in the 2026 FIFA World Cup Asian Qualifiers, has been the goalkeeper for the Singapore national team since 2004,…
[ad_1] Ripple’s CEO, Brad Garlinghouse, has unveiled a significant leap forward in the world of blockchain and digital currency by announcing partnerships with 10 governments to develop Central Bank Digital Currencies (CBDCs). These collaborations aim to harness Ripple’s blockchain technology for the creation and management of government-issued digital currencies, signaling a noteworthy advance in the integration of crypto solutions with traditional banking systems. “Ripple has invested and is working with about 10 different governments around the world to do central bank digital currencies. I mean a central bank digital currency is a stablecoin, it’s just issued by the government,” Garlinghouse…