Coinbase Layer-2 Success Shows Power of Marketing Over Cutting-Edge Tech Source
Coinbase Layer-2 Success Shows Power of Marketing Over Cutting-Edge Tech
Month: September 2024
Solana Price (SOL) Shows Strength: Is a Return to $150 Possible?
Solana started a recovery wave from the $120 zone. SOL price is rising and might aim for a move toward the $150 resistance level. SOL price started a recovery wave above the $125 level against the US Dollar. The price is now trading above $128 and the 100-hourly simple moving average. There is a connecting bullish trend line forming with support at $130 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could gain bullish momentum if it clears the $138 resistance zone. Solana Price…
Bitcoin (BTC) ETFs Post $28.7M Inflows After Record Losing Streak
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Putin Acknowledges Russia as a Bitcoin Mining Leader; 54,000 BTC Mined in 2023
During his speech at the Eastern Economic Forum, President Vladimir Putin stated that Russia had become one of the world leaders in bitcoin mining. He explained that this was made possible due to the energy surplus that can be leveraged in areas like Siberia, but also warned that these activities should not hinder the region’s […] Original
XRP Price Targets $0.550 Breakout For A Potential Rally
Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…
Kraken Adjusts Margin Product to Comply With Australian Crypto Law, Calls for Clearer Regulation
The Australian Federal Court ruled that Kraken’s fiat margin extensions are subject to regulatory obligations, but crypto margin extensions are not. Kraken acknowledged the decision but stressed the need for clearer crypto regulations in Australia. Following the ruling, Kraken adjusted its margin product to restrict fiat margin trading for non-wholesale investors, while crypto margin extensions […] Source CryptoX Portal
Crypto Investor Loses $16 Million Amid Friend.tech’s Controversy
Este artículo también está disponible en español. Crypto social media platform Friend.tech faced backlash after a controversial decision by its team. The platform’s native token, FRIEND, plummeted over 42%, reaching its all-time low (ATL) price amid the controversy. As a result, an Ethereum (ETH) whale saw its investment in the token drop by over 95%. Related Reading Friend.tech Loses Investors’ Trust Over the weekend, crypto platform Friend.tech announced its decision to resign control over its smart contracts to avoid future changes. Friends.tech is a Social Finance (SocialFi) platform launched in…
Ethereum Price Recovers Higher But Lacks Bullish Drive To Test $2,500
Este artículo también está disponible en español. Ethereum price is attempting a recovery wave above $2,320. ETH might struggle to gain pace for a move toward the $2,500 resistance zone. Ethereum is attempting a recovery wave above the $2,250 zone. The price is trading above $2,320 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $2,320 on the hourly chart of ETH/USD (data feed via Kraken). The pair must clear the $2,400 resistance to continue higher in the near term. Ethereum Price…
Bitcoin Price Could Extend Gains: Will Bulls Stay in Control?
Bitcoin price started a decent increase above the $55,500 resistance. BTC is consolidating and might aim for more gains if it clears the $58,000 resistance. Bitcoin is rising from the $52,500 support zone. The price is trading above $55,500 and the 100 hourly Simple moving average. There was a break above a key bearish trend line with resistance at $55,300 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is facing resistance near the $58,000 and $58,200 resistance levels in the near term. Bitcoin Price…
Michael Saylor Predicts Bitcoin Will Hit $13 Million, Reveals Expected Date
Este artículo también está disponible en español. Michael Saylor, co-founder and Executive Chairman of the business intelligence firm MicroStrategy and a well-known Bitcoin advocate, recently reiterated his bullish stance on the leading cryptocurrency during an exclusive interview with CNBC on Monday. Saylor’s Bitcoin Price Forecast Saylor, recognized for steering his company towards significant BTC investments to capitalize on its continuous growth, projected a mind-blowing future valuation for Bitcoin. Saylor boldly forecasted that the Bitcoin price could soar to an unprecedented $13 million per coin. During the interview, Saylor emphasized that…