Day: February 12, 2024

Australian Judge, Brother of Hugh Jackman, Hands Split Decision in Market’s Regulator vs Block Earner

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Signs Point to Fresh BCH Rally Ahead

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Bitcoin Cash price rallied over 15% and broke the $275 resistance. BCH is now facing strong resistance near the $282 zone. Bitcoin cash price started a fresh surge above the $250 resistance. The price is trading above $265 and the 100 simple moving average (4 hours). There is a key bullish trend line forming with support at $258 on the 4-hour chart of the BCH/USD pair (data feed from Kraken). The pair could continue to move up if it clears the $282 resistance zone. Bitcoin Cash Price Rallies Above $270…

Ethereum Price Signals Uptrend Exhaustion But Dips Could Be Attractive

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Ethereum price is struggling to clear the $2,550 resistance. ETH could start a downside correction if there is a move below the $2,475 support. Ethereum is consolidating gains below the $2,550 resistance zone. The price is trading above $2,480 and the 100-hourly Simple Moving Average. There was a break below a connecting bullish trend line with support at $2,515 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it stays above the $2,475 support zone. Ethereum Price Remains Supported Ethereum price…

Bitcoin Price Reclaims $48K But Can Bulls Pump BTC To $50K?

Bitcoin price climbed higher above the $48,000 resistance. BTC tested $48,800 and is currently showing signs of a downside correction. Bitcoin price climbed higher above the $46,500 and $48,000 resistance levels. The price is trading above $47,500 and the 100 hourly Simple moving average. There is a key bullish trend line forming with support at $48,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could continue to move up unless there is a close below the $48,000 support. Bitcoin Price Turns Green Bitcoin price…

9 Bitcoin ETFs Accumulate 208,878 BTC Worth $10 Billion, Overshadowing Grayscale’s Sell-Off

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Since the conclusion of the spot bitcoin exchange-traded fund (ETF) trading sessions on Feb. 9, 2024, the nine freshly launched ETFs have amassed 6,009.49 bitcoin, valued at approximately $288 million. Concurrently, Grayscale’s Bitcoin Trust (GBTC), which evolved into a publicly-traded exchange-traded product, has sold off about 2,252.2 bitcoin, amounting to roughly $108 million. New Bitcoin […] Original