Month: July 2024

Expert Claims Bitcoin Could ‘Go Vertical With A $100,000 Candle’

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As the Bitcoin 2024 conference in Nashville draws near, scheduled for July 25-27, the BTC community braces for what could be a pivotal moment in Bitcoin’s history. The event is attracting unprecedented attention, possibly set to surpass the landmark announcement in 2021 by Jack Mallers that El Salvador would adopt Bitcoin as legal tender. The anticipation around the conference has been significantly amplified by the scheduled appearance of Donald Trump, the leading US presidential candidate. Rumors that began circulating last week have suggested that Trump might endorse Bitcoin as a…

Bitcoin Jumps Amid Joe Biden Dropout as Crypto Bulls Favor Donald Trump

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BTC gains started late Sunday, as incumbent U.S. president Joe Biden said in an X post that he would not contest the upcoming November elections. However, this dropped the odds Republican candidate Donald Trump from Sunday’s 71% to 65% in Asian morning hours Monday on the crypto betting application Polymarket. Meanwhile, odds of sitting Vice President Kamala Harris rose from 16% to 30%. Original

Crypto Exchange Woo X Allows Daily Interest Withdrawals from T-Bill-Backed Earn Vaults

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Hong Kong Introduces Blockchain Vertical in Global Fast Track 2024

Invest Hong Kong, the government department responsible for attracting foreign direct investment, has announced the 7th edition of the Global Fast Track (GFT) 2024, a program designed to empower business connectivity among fintech startups, corporates, and investors. The program, open for applications until September 20, offers fintech companies worldwide the opportunity to pitch their cases […] Source CryptoX Portal

Delhi Police Arrest 7 in Crypto Fraud

Delhi police have arrested seven individuals, including a contractual bank employee, for allegedly defrauding a man of ₹91 lakh ($111,000) by promising high returns in stock and cryptocurrency trading. The suspects, identified as Ajay, Mohit, Shankar, Partyaksh Koshar, Manish Jawla, Shrayance Pandit, and Dinesh, created fictitious bank accounts and sold them to other fraudsters. Deputy […] Source CryptoX Portal

Solana Price (SOL) Climbs 5%: Is a $200 Target Achievable?

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Solana started a fresh increase above the $175 zone. SOL price is showing signs of strength and might climb further above the $185 resistance. SOL price started a decent upward move above the $175 resistance against the US Dollar. The price is now trading above $175 and the 100-hourly simple moving average. There is a key bullish trend line forming with support at $176 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could aim for more upsides if it clears the $185 resistance level.…

XRP Price Eyes Upside Break: Will The Gains Keep Rolling?

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XRP price started a fresh increase from the $0.540 zone. The price is now rising and eyeing an upside break above the $0.600 resistance zone. XRP price started a fresh increase above the $0.580 zone. The price is now trading above $0.580 and the 100-hourly Simple Moving Average. There is a key contracting triangle forming with support at $0.5880 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could extend gain bullish momentum if it clears the $0.60 resistance zone. XRP Price Eyes More Upsides…

Ethereum Price Climbs: Will It Challenge the $3,700 Mark Again?

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Ethereum price started a downside correction from the $3,500 resistance zone. ETH declined below $3,440 and might struggle to stay above $3,380. Ethereum is moving higher above the $3,500 zone. The price is trading above $3,520 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $3,450 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to rise if there is a clear move above the $3,565 resistance zone. Ethereum Price Reclaims $3,500 Ethereum price remained in a…

Can Bulls Push to $70K Next?

Bitcoin price extended gains above the $68,000 resistance level. BTC bulls seem to be in action, and they might aim for a move toward the $70,000 level. Bitcoin started a fresh increase above the $66,500 resistance zone. The price is trading above $66,500 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming with support at $66,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might extend gains and trade above the $68,800 resistance zone. Bitcoin Price Climbs Further…