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The market is currently at a sensitive juncture, with price levels around $112,600 and signals from the RSI creating two clear scenarios.One is a āprofit-takingā move that pulls the price back to the $95,000 zone if technical selling pressure increases and historical patterns repeat (which remain unā¦
The US Dollar Index (DXY) surged to 99.98 points on Wednesday, marking its highest level in two months.Ā This came after the US Federal Reserve decided to maintain the key benchmark interest rates within the 4.25%ā4.50% range.Notably, the rise coincided with a drop in Bitcoinās price, reaffirming thā¦
Ethereum has recently surged to a 7-month high, yet the cryptocurrency has yet to breach the psychological $4,000 level.Ā The altcoin has shown impressive growth, but overcoming this significant barrier may prove challenging. As investors watch closely, ETHās next moves could determine the future prā¦
As July comes to an end, several significant developments in the Bitcoin market have emerged. Notably, profit-taking pressure has resurfaced in the final week of the month, raising concerns about a potential turning point in August.Based on analysis from market experts and on-chain data, four main ā¦
With the crypto market exhibiting strong signs of an altcoin season ahead, investors are accumulating their choice of tokens. Dropstab data currently shows 59 altcoins that are flashing the accumulation sign.During the accumulation phase, trading volumes surge, and the price stays within a specific ā¦
XRP dropped over 11% from its July 17 high of $3.65 after Ripple co-founder Chris Larsen transferred 50 million XRP to several addresses.Ā Blockchain sleuth ZachXBT reported that approximately $140 million worth of those tokens landed on centralized exchanges or off-ramp services.Chart Shows Clear Onā¦
Recent developments suggest positive developments toward in-kind creations for crypto ETFs (exchange-traded funds) after major providers filed amendments.The US SEC (Securities and Exchange Commission) initially approved cash redemptions for Bitcoin and the Ethereum ETFs.Wall Street Set to Benefit aā¦
A new survey conducted by Bitcoin mining platform GoMining reveals a surprising education gap among crypto enthusiasts, one that may be slowing broader adoption.Nearly 17 years after Satoshi Nakamoto mined the first Bitcoin, most users still donāt feel confident about its fundamentals despite its tā¦
Ethereum has breached the $3,400 mark for the first time in over six months, signaling a strong bullish rally.Ā While the milestone has prompted some investors to engage in profit-taking, others are aggressively accumulating ETH, reflecting divergent strategies.SharpLink Gaming and World Liberty Finā¦
New FOIA documents show that the US government currently owns 28,988 bitcoins, which is only 15% of the assumed total. This revelation immediately caused fears of a massive sell-off under President Biden.Technically, federal agencies still hold 200,000 BTC, but these assets arenāt government propertā¦
Tether has now minted 160 billion USDT tokens, marking a substantial milestone in the stablecoinās circulation. However, a few warning signs are leading skeptics to caution about potential turmoil.If the GENIUS Act becomes law, it could complicate Tetherās ability to act in the United States. USDT iā¦
Brandon Lutnick, chairman of Cantor Fitzgerald, is advancing the āSaylorizationā trend with plans to launch a $4 billion Bitcoin investment vehicle.The deal involves late-stage negotiations with Adam Back, CEO of Blockstream. The initiative will be anchored through Cantor Equity Partners 1, a speciā¦