The former biotech executive was the only Republican contender to have a crypto plan. Source
Vivek Ramaswamy, Crypto-Friendly U.S. Presidential Candidate, Suspends Campaign
Month: January 2024
UNI Price Prediction – Uniswap Momentum Reignites, 15% Lift-off Possible
UNI price is moving higher from the $5.65 support. Uniswap is up 5% and it seems like the bulls could aim a fresh surge toward the $8.00 zone. UNI started a fresh increase above the $6.00 and $6.20 resistance levels. The price is trading above $6.50 and the 100 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $6.60 on the 4-hour chart of the UNI/USD pair (data source from Kraken). The pair is showing bullish signs and might rally if…
Hong Kong Crypto Exchange HashKey Raises $100M, Reaches $1.2B Valuation
In October, CoinDesk reported that crypto fundraising in the third quarter of 2023 reached a three-year low of $2.1 billion across 297 deals, the smallest since Q4 2020, amid an industry downturn exacerbated by FTX’s collapse, with a shift in focus towards early-stage and infrastructure projects. Source
HashKey Becomes Crypto Unicorn After Closing $100M Raise
CryptoX – Cryptocurrency Analysis and News Portal Operator of licensed Hong Kong exchange says raise will promote compliant, innovative global growth. Source The post HashKey Becomes Crypto Unicorn After Closing $100M Raise appeared first on CryptoX. CryptoX Portal
Ethereum Price Rangebound – Can ETH Pump Again To Retest $2,700?
Ethereum price corrected lower and tested the $2,440 support. ETH is now trading in a range and facing hurdles near the $2,550 and $2,585 levels. Ethereum is attempting a fresh increase from the $2,450 level. The price is trading just above $2,500 and the 100-hourly Simple Moving Average. There was a break above a connecting bearish trend line with resistance near $2,510 on the hourly chart of ETH/USD (data feed via Kraken). The pair could gain bullish momentum if it clears the $2,550 and $2,585 resistance levels. Ethereum Price Holds…
Bitcoin Price Consolidates Losses, Why 100 SMA Is The Key To Recovery
Bitcoin price is struggling below the $43,500 resistance zone. BTC could start another decline if it stays below the 100 hourly SMA. Bitcoin price started a major decline from the $49,000 resistance zone. The price is trading below $43,250 and the 100 hourly Simple moving average. There is a key declining channel forming with resistance near $43,050 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start a fresh decline if it stays below the $43,250 resistance zone. Bitcoin Price Turns Red Bitcoin price…
Volatility Increases Following SEC’s Spot Bitcoin ETF Approval – Blockchain News, Opinion, TV and Jobs
Bitcoin (BTC) concluded the previous week at approximately $41,750, marking a 5.0% decrease from the first week of the new year with a closing value of around $43,750. The price exhibited significant volatility, primarily influenced by the approval of BTC Spot ETFs, which heightened market dynamics. The week commenced with a robust uptrend on Monday in anticipation of the approval, witnessing a 9.0% price increase and nearly reaching $47,000. Tuesday saw BTC nearing $48,000 before encountering pronounced volatility due to false news regarding the approval, causing a dip below $45,000…
Celsius moves $125m in ETH to exchanges amid plan to repay creditors
Embattled crypto lender Celsius has moved over $125 million in Ethereum to various cryptocurrency exchanges in the last week, signaling its plans to commence creditor repayments. Data from Arkham Intelligence shows that between Jan. 8 and 12, Celsius transferred Ethereum worth $95.5 million to Coinbase and $29.7 million to FalconX. Despite these large transfers, the lender still holds substantial assets, including over 580,000 ETH, currently valued at approximately $1.47 billion, and 9,799 BTC worth around $417.67 million. On Jan. 5, Celsius Network unstaked an impressive 206,300 ETH, valued at $470…
Solana Mobile to Sell Second Crypto Smartphone: Source
The upcoming phone will have the same basic features as its predecessor, called Saga: an onboard crypto wallet, custom Android software and a “dApp store” for crypto applications – but at a cheaper price point and with different hardware, the person said. The original phone cost $1000 when it first launched last year but later saw prices reduced amid struggling sales. Source
Coinbase’s one-third revenue ‘at stake’ as SEC battle faces dismissal challenges
Experts doubt a quick end to Coinbase’s battle against the SEC, citing the challenge of proving listed tokens are not securities. The American cryptocurrency exchange Coinbase is unlikely to overcome its legal challenges with the U.S. Securities and Exchange Commission (SEC) soon, as the Wall Street Journal reports that the exchange’s request for dismissal, scheduled for Jan. 17, is considered a long shot by legal and financial insiders. Lisa Bragança, a lawyer and former SEC enforcement branch chief, stated that the case is unlikely to be dismissed, as proving that…