Day: January 2, 2024

Wild Trading Session Sees Tellor’s TRB Token Slide From $720 to $180 in Hours

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is an award-winning media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. In November 2023, CoinDesk was acquired by Bullish group, owner of Bullish, a regulated, institutional digital assets exchange. Bullish group is majority owned by Block.one; both groups have interests in a variety of…

Expert predicts spot Bitcoin ETFs will not get approved this week

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Fox Business reporter Eleanor Terrett said approval of a spot Bitcoin ETF in early January is unlikely. In an X post, Fox journalist Eleanor Terrett noted that the Securities and Exchange Commission (SEC) still needs to review changes to the S-1 filings for spot Bitcoin ETFs. While the @SECGov is surely unpredictable, it would surprise me if approvals were to happen tomorrow. From what I understand through conversations I’ve had with issuers, the SEC still has to review all the changes made to the S-1s filed on Thursday/Friday AND make…

new crypto project drawing investor attention

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Binance has listed a new XRP trading pair. XRP’s market performance has been slow despite the current crypto market bullishness. NuggetRush’s (NUGX) mining adventure game will reward players with gold-backed NFTs. XRP has a new trading pair on Binance. Analysts say the move might boost demand despite its slow performance. NuggetRush (NUGX) is now drawing investors away from XRP after its 50% presale growth. The project is a mining…

Bitcoin breaks the $45k zone, indicator suggests a further rally

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Bitcoin (BTC) had been consolidating around the $42,500 zone with the arrival of the holidays, but a key indicator suggests a further rally for the flagship cryptocurrency. BTC is up by 6.9% in the past 24 hours and is trading at $45,250 at the time of writing — marking a 21-month-high, last seen in early April 2022. The market cap of the leading cryptocurrency surged to $886 billion.  BTC price, whale activity, funding rate, open interest, and RSI – Jan. 2 | Source: Santiment Moreover, Bitcoin’s daily trading volume also…

SOL Price Surges 10% As Solana Bulls Aim New High Above $125

Solana is up over 10% and gaining pace above $105. SOL price seems to be setting up for an upside break above the $125 resistance zone. SOL price started a fresh rally above the $100 resistance against the US Dollar. The price is now trading above $105 and the 100 simple moving average (4 hours). There was a break above a key contracting triangle with resistance near $104 on the 4-hour chart of the SOL/USD pair (data source from Kraken). The pair could continue to rally if there is a…

Ethereum Bulls Sight New High In 2024 As BTC Pumps Above $45K

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Ethereum price is eyeing an upside break above the $2,440 resistance. ETH could rally like Bitcoin if there is a close above the $2,500 level. Ethereum is moving higher from the $2,250 support level. The price is trading above $2,350 and the 100-hourly Simple Moving Average. There was a break above a major bearish trend line with resistance near $2,300 on the hourly chart of ETH/USD (data feed via Kraken). The pair could accelerate higher if there is a clear move above $2,400 and $2,440. Ethereum Price Eyes Key Upside…

Bitcoin Price Starts 2024 With A Bang, Is ETF Approval Imminent?

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Bitcoin price is up over 5% and it cleared the $45,000 resistance. BTC is showing positive signs on rumors of spot ETF approval by the EOD. Bitcoin is gaining pace above the $44,000 and $44,400 resistance levels. The price is trading above $45,000 and the 100 hourly Simple moving average. There was a break above a key ascending channel with resistance near $43,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is up over 5% after several rumors of BTC spot ETF approval by…

Trader Predicts Breakout Rally for Decentralized Exchange Crypto, Says Altcoin Looks Very Strong

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A crypto strategist believes that one altcoin that’s flying under the radar is gearing up for a big breakout surge. Pseudonymous analyst The Crypto Dog tells his 755,600 followers on the social media platform X that the native asset of the decentralized exchange (DEX) GMX (GMX) is forming a huge bullish pattern on the weekly chart. According to the crypto strategist, GMX could witness a nearly 90% rally if it takes out its immediate resistance at $56.26. “GMX painting a massive multimonth inverse head and shoulders… Measure rule gives a…

Bitcoin Price (BTC) Begins 2024 Blasting Through $45K

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is an award-winning media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. In November 2023, CoinDesk was acquired by Bullish group, owner of Bullish, a regulated, institutional digital assets exchange. Bullish group is majority owned by Block.one; both groups have interests in a variety of…