Month: May 2024

UNI Price Prediction – Uniswap Turns Green and Eyes More Upsides

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UNI price started a decent increase above the $$10.00 resistance. Uniswap is showing positive signs and might eye more upsides above the $11.75 resistance. UNI started a fresh increase above the $10.00 resistance zone. The price is trading above $11.00 and the 100-hourly simple moving average. There was a break above a connecting bearish trend line with resistance near $9.50 on the hourly chart of the UNI/USD pair (data source from Kraken). The pair might correct gains, but the bulls might eye more upsides above $11.75 in the near term.…

‘Avoid the tendency to F with Bitcoin’

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MicroStrategy CEO Michael Saylor touted himself as a Bitcoin (BTC) “optimist” on the latest episode of Peter McCormack’s YouTube show, “What Bitcoin Did.” Saylor also, bluntly, cautioned against any actions that could impede the flagship cryptocurrency’s progress. “Bitcoin is going to succeed,” Saylor said. “It’s succeeding as fast as it could reasonably succeed and we ought to try to avoid the tendency to F with it.” The 59-year-old billionaire, who reportedly owns more than 17,000 Bitcoin, posited that the cryptocurrency stands at the precipice of widespread acceptance by nation-states, financial…

Another Setback or a Buying Opportunity?

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XRP price again struggled to continue higher above the $0.5450 resistance. It is now moving lower and might test the $0.512 support zone. XRP is showing a few bearish signs from the $0.5420 zone. The price is now trading below $0.5350 and the 100-hourly Simple Moving Average. There was a break below a key contracting triangle with support at $0.5360 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could gain bearish momentum if it stays below the $0.5420 resistance zone. XRP Price Faces Rejection…

Ethereum Price Sets Sights on New Peaks: Anticipating a Bullish Breakout

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Ethereum price is again moving higher above the $3,800 resistance. ETH is now consolidating near $3,850 and is eyeing an upside break above $4,000 in the near term. Ethereum started a fresh increase above the $3,750 resistance. The price is trading above $3,750 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $3,780 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up unless there is a break below the $3,540 support. Ethereum Price Remains…

Latam Insights: Venezuela Seizes Over 11,000 Bitcoin Miners, Paraguay Cracks Down on Illegal Bitcoin Mining

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Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Venezuela seizes over 11,000 bitcoin miners to save energy, Paraguay cracks down on illegal bitcoin mining, and Brazil aims to finalize crypto regulations this year. Venezuelan Authorities Announce Bitcoin Mining Ban, Confiscate Over […] Original

Market Momentum Slows Amid Trading Hesitation

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Bitcoin price is slowly losing momentum and struggling below $70,000. BTC is now consolidating and facing hurdles near the $69,500 resistance zone. Bitcoin is facing many key hurdles near the $70,000 zone. The price is trading above $69,500 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance at $69,100 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could continue to move down if it stays below the $70,000 zone. Bitcoin Price Stuck Below $70K Bitcoin price…

Crypto Exchange Coinbase Adds Bitcoin Ecosystem Altcoin to Its Listing Roadmap

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Coinbase, the largest crypto exchange in the US, has announced the potential future listing of an altcoin within the Bitcoin (BTC) scaling ecosystem. The exchange announced that Core (CORE) is now on its listing roadmap, meaning the exchange will possibly list it for trading in the future. Core is designed to be a hyper-scalable complimentary smart contract platform to Bitcoin. Core’s ecosystem consists of several major components, including its Satoshi Plus consensus mechanism, its non-custodial staking and its native version of wrapped Bitcoin. CORE currently has a market cap of $1.96…

Robert Kiyosaki Advises Buying Bitcoin Before Price Explodes — Warns of Bonds Crashing

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Rich Dad Poor Dad author Robert Kiyosaki has warned investors about the bond market crashing, urging them to invest in “safer real assets,” like bitcoin, before their prices “explode.” He criticizes financial planners for promoting bonds as safe investments, predicting significant losses for investors when AAA bonds and commercial real estate crash. Meanwhile, Kiyosaki expects […] Original

Deadline Looms for Biden to Veto Congressional Overturn of SEC’s Crypto Rules

The deadline for President Joe Biden to decide whether to veto or sign a resolution overturning the U.S. Securities and Exchange Commission (SEC)’s controversial crypto rules is approaching. The resolution passed both the House of Representatives and Senate despite a prior White House veto threat. Biden Faces Veto Deadline The resolution to overturn the U.S. […] Source BitcoincryptoexchangeExchanges CryptoX Portal