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Bitcoin’s price plunged nearly 5% on Tuesday. Consequently, this action triggered concerns among analysts that the cryptocurrency is approaching a technical breakdown akin to the start of previous bear cycles.Experts warn that failure to reclaim the $102,000 level quickly would significantly heighte…
Bitcoin might be currently trending downwards, but a full fundamental breakdown shows it is ready to return to $120,000, and it is only a matter of time. According to an extensive fundamental analysis shared by Mr. Wall Street on X, the recent months of price stagnation and sudden drops are part of …
Richard Teng, CEO of the global cryptocurrency exchange Binance, has reportedly denied allegations that the company played a role in selecting a stablecoin issued by a Trump family-backed crypto business as part of a multibillion-dollar deal. According to a Tuesday CNBC report, Teng said Binance “di…
What's shaping up to be the longest government shutdown in U.S. history most likely brought to a halt the Securities and Exchange Commission's inquiry into whether publicly listed crypto treasuries committed any acts that could be construed as insider trading.But once the government reopens, multipl…
Binance CEO Richard Teng denied allegations that the crypto exchange promoted a President Trump-backed crypto venture in exchange for a presidential pardon for company founder Changpeng Zhao.The denial comes after Trump pardoned CZ, who had pleaded guilty to money laundering charges. Trump reportedl…
0958 ET - Bitcoin extends its losses to reach a four-and-a-half-month low in the wake of the Federal Reserve casting doubts over another near-term interest-rate cut. Fed Chair Jerome Powell last week said a December rate cut wasn't a done deal, hitting cryptocurrencies. Risk-averse sentiment also hi…
Solana (SOL) has slipped below the critical $180 mark even as institutional inflows into newly launched Solana exchange-traded funds (ETFs) reached nearly $199 million in just one week.The Solana price is hovering around $175, marking a 6.4% daily decline and extending a week-long correction that ha…
Bitcoin has stepped into its historically most significant month for gains — November — with an average increase of 42.51% since 2013 — meaning Bitcoin could surpass $160,000 this month if history rhymes. However, a crypto analyst noted that several macroeconomic factors are also at play. “I do thin…
The crypto market today is back in the red, with fear creeping in after cautious signals from the U.S. Federal Reserve and rising trade tensions between Donald Trump and China’s Xi Jinping. Bitcoin slipped 3.8% to $110,063, while Ethereum dropped 3.6% to $3,853, and XRP fell 4.1% to $2.51. The pullb…
Faryar Shirzad, chief policy officer at US-based cryptocurrency exchange Coinbase, has pushed back against many of the claims made by a US senator regarding ties to the Trump administration.In a Thursday X post, Shirzad responded to criticism from Connecticut Senator Chris Murphy, who claimed on soc…
Crypto mining equities have delivered strong performances amid choppy crypto price action, with several major mining stocks significantly outpacing Bitcoin's price appreciation over the past year.Riot Blockchain and Hut 8 Mining have seen their stock prices surge 110% and 211%, respectively, over th…
On Thursday, a crucial summit between US President Donald Trump and Chinese President Xi Jinping concluded in Busan, South Korea. Initially, the lack of an immediate joint press conference spooked markets, driving Bitcoin’s price down.However, subsequent remarks from President Trump confirmed signif…