Month: May 2024

BNB Price Launches Recovery Bid: Will the Bounce Hold?

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BNB price started a recovery wave from the $585 support zone. The bulls must clear the $600 resistance zone to push the price into a positive zone in the near term. BNB price extended losses and tested the $585 support zone. The price is now trading below $600 and the 100-hourly simple moving average. There was a break above a key bearish trend line with resistance at $595 on the hourly chart of the BNB/USD pair (data source from Binance). The pair could start a fresh increase if it stays…

Searching for Support Amid Downtrend

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XRP price extended losses below the $0.5220 support zone. It tested the $0.5120 support and now attempting another recovery wave toward $0.550. XRP is struggling to start a fresh increase above the $0.5320 resistance zone. The price is now trading below $0.530 and the 100-hourly Simple Moving Average. There is a major bearish trend line forming with resistance near $0.5230 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move down if the price stays below $0.5320. XRP Price Dips Further XRP…

Notcoin (NOT) Surges 30%, Tops Shiba Inu And Pepe In On-Chain Holders

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Notcoin (NOT), the play-to-earn token integrated into the Open Network (TON) ecosystem, has made significant waves in the market, becoming the top performer on Thursday.  With a surge of over 30% within the past 24 hours, Notcoin has secured the 82nd spot among the largest 100 cryptocurrencies, boasting a market capitalization of $1.25 billion. Notcoin Attracts Millions With Tap-To-Earn Gameplay Launched in 2023 by Open Builders, a team focused on developing social games, Notcoin gained popularity shortly after its release. The game’s gameplay, combined with the strategic use of Telegram’s…

Ethereum Faces an Uphill Battle: Can It Overcome the Challenges?

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Ethereum price extended its decline and tested the $3,720 support. ETH is now consolidating and facing many hurdles near the $3,800 level. Ethereum extended its decline and tested the $3,720 zone. The price is trading below $3,820 and the 100-hourly Simple Moving Average. There is a new bearish trend line forming with resistance at $3,810 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it breaks the $3,720 support. Ethereum Price Holds Support Ethereum price remained in a short-term bearish zone…

SEC Commissioner Proposes Joint US-UK Digital Securities Sandbox

U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce has proposed a joint US-UK digital securities sandbox. She noted that the U.S. and UK are ideally positioned for this initiative, emphasizing that this collaboration would benefit innovators, regulators, and consumers in both countries. Hester Peirce Pushes for US-UK Collaborative Financial Sandbox U.S. Securities and Exchange […] Source BitcoincryptoexchangeExchanges CryptoX Portal

Bitcoin’s Upside Momentum Fading: What’s Next for BTC?

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Bitcoin price started a recovery wave from the $67,000 zone. BTC is now struggling to clear the $68,800 and $69,500 resistance levels. Bitcoin remained stable above the $67,000 zone and recovered higher. The price is trading above $68,000 and the 100 hourly Simple moving average. There was a break above a key bearish trend line with resistance at $67,800 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could gain bullish momentum if it settles above the $68,800 level. Bitcoin Price Faces Resistance Bitcoin price…

Crypto Pundit Forecasts 8,300% Rally To $38, Here’s When

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Crypto analyst Nick of the Cheeky Crypto YouTube channel has provided an ultra-bullish prediction for Cardano (ADA). The analyst also outlined factors that he believes could drive Cardano’s price to such heights.   Cardano Could Rise To $38 At Some Point In a recent video on the Cheeky Crypto YouTube channel, Nick mentioned that Cardano could rise to $38 at some point in the future, although he admitted that it won’t be anytime soon. He highlighted Cardano’s technological advancements as one factor that could drive the crypto token to such heights.…

JPMorgan’s JPM Coin Sees Transactions ‘Explode’ With Programmability Features

Global investment bank JPMorgan’s JPM Coin has seen a significant surge in transactions, according to Umar Farooq, head of Onyx by JP Morgan. During a session at the Consensus conference, Farooq stated, “We’ve seen the number of transactions explode by factors of 10, if not hundreds. Fewer larger transactions, lots of smaller transactions.” He noted […] Source CryptoX Portal

Hackers Successfully Access Decade-Old Bitcoin Wallet, Retrieve $3 Million

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In an extraordinary turn of events, two hackers have successfully cracked the long-forgotten password of a digital wallet, leading to the recovery of approximately $2 million worth of Bitcoin (BTC).  Lost Bitcoin Fortune Unlocked As reported by Wired, the story began in 2013 when an individual known by the alias “Michael” securely stored his Bitcoin holdings in a password-protected digital wallet. Unfortunately, over time, he lost access to the wallet due to a corrupted file containing the 20-character password generated using the RoboForm password manager. Despite his efforts to prioritize…