Day: May 13, 2024

Analyst predicts $52k Bitcoin amid declining whale activity

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Bitcoin (BTC) has gained bullish momentum amid declining whale activity while an analyst expects a downfall to the $52,000 mark could be possible. BTC is up by 3.5% in the past 24 hours and is trading at $63,170 at the time of writing. The asset’s market cap surged to $1.24 trillion with a daily trading volume of $21.5 billion. BTC price, RSI and whale activity – May 13 | Source: Santiment According to data provided by Santiment, whale transactions consisting of at least $100,000 worth of BTC have been consistently…

Singapore-Based Custody Provider Liminal Wins Approval in Abu Dhabi as It Extends Expansion in Asia

In the past few weeks, Liminal has seen a series of regulatory positives in the Asian Pacific (APAC) and Middle East and North Africa (MENA). Late last month, its Dubai entity, First Answer Custody FZE, secured initial approval from the emirate’s Virtual Asset Regulatory Authority (VARA). Liminal’s Indian subsidy, First Answer India Technologies, is also registered as a reporting entity. Source

Trump Campaign Eyes Crypto-Friendly Policies

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The intersection of cryptocurrency and politics has taken center stage as the potential return to power of former President Donald Trump emerges with a crypto-friendly agenda. The revelation comes from none other than David Bailey, CEO of Bitcoin Magazine, who disclosed his involvement in advising Trump’s campaign to adopt policies favorable to the crypto industry. Related Reading Bailey’s Bombshell: Advising Trump For A Pro-Crypto Future Bailey, a prominent figure in the cryptocurrency community, shocked many when he unveiled his team’s role in guiding Trump’s campaign towards embracing Bitcoin and other…

DOGE Price Prediction – Can Dogecoin Bulls Overcome This Hurdle?

Dogecoin extended losses and traded below the $0.1420 support zone against the US Dollar. DOGE is now recovering but facing key hurdles at $0.1450. DOGE price tested the $0.1360 support and started a recovery wave. The price is trading below the $0.1450 level and the 100 simple moving average (4 hours). There is a key bearish trend line forming with resistance at $0.1430 on the 4-hour chart of the DOGE/USD pair (data source from Kraken). The price must settle above $0.1450 to move into a positive zone and start a…

Bitcoin Cash eyes partnership with Cardano as investors flock to Rollblock

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Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. With a potential Cardano partnership on the horizon, Bitcoin Cash may boost its network, while the emerging Rollblock token aims to enrich online gambling. Recently, the founder of the Cardano network announced a possible partnership with Bitcoin Cash. He hinted that this collaboration would boost the functionality and network of Bitcoin Cash, making it a significant player in the crypto market.  While the defi market awaits this potential collaboration,…

Casa Co-Founder Jameson Lopp: Attacks on Cryptocurrency Whales Are “Vastly Underreported”

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Jameson Lopp, the co-founder of Casa, a Bitcoin services company, referred to increasing attacks targeting cryptocurrency whales. On social media, Lopp stated that “while still relatively rare,” the number of targeted attacks against crypto whales was “vastly underreported.” Lopp explained that many victims of these thefts and hacks hesitated to consult law enforcement out of […] Source

XRP To Hit Zero Vs. BTC? Veteran Cites ‘Pure Classical Charting’

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In a recent analysis shared via X, Peter Brandt, regarded as one of the leading experts globally in applying classical charting techniques to trading futures, foreign exchange, and crypto markets, suggested that the XRP to Bitcoin (XRP/BTC) exchange rate could potentially hit zero. Brandt’s analysis applies traditional techniques inspired by pioneers such as Schabacker, Edwards, and Magee to forecast this drastic trend. Brandt stated, “From a pure classical charting point of view (that is, Schabacker, Edwards, Magee) this chart looks like it is headed toward Zero. XRPBTC” XRPBTC analysis, 1-week…

Uniswap founder urges democrats to immediately change Biden’s approach to crypto

As Republicans “smell blood in the water,” Uniswap founder Hayden Adams says top-level officials close to Biden should be pushing for “immediate reversal on his approach to crypto.” Crypto seems to be becoming a key focus for Donald Trump‘s presidential campaign this fall, as Uniswap founder Hayden Adams says Republicans “are turning hard towards crypto.” In an X post on May 13, Adams, the founder of the decentralized cryptocurrency exchange, said president Joe Biden‘s camp is miscalculating priorities by “thinking crypto will be irrelevant in 2024 election.” Hillary campaigning in…

El Salvador Enhances Bitcoin Treasury Transparency With Launch of Dedicated Mempool Space

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In a significant move towards transparency, El Salvador’s National Bitcoin Office (ONBTC) has announced the launch of its own mempool space. This development allows anyone to view the country’s bitcoin treasury holdings. The initiative is supported by Mempool, which revealed it has provided a custom instance of The Mempool Open Source Project for the ONBTC. […] Original

El Salvador launches transparent Bitcoin investment data platform

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El Salvador, the world’s first country to use Bitcoin as legal tender, has launched its own platform that provides public access to BTC investment data via a personalized mempool. According to the most recent mempool data, El Salvador presently possesses 5,748.76 BTC, worth more than $352.8 million. El Salvador’s latest move establishes a new benchmark for financial transparency in government operations. It also validated the much-hyped concept of an immutable public ledger, which has long been advocated by Bitcoin and cryptocurrency aficionados. On May 12, the Bitcoin Office, a Salvadoran…