Month: September 2024

Is Another Massive Bitcoin Sell-Off Coming?

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Este artículo también está disponible en español. Bitcoin has suffered its second worst monthly close in the year 2024 after completing August with 8.6% losses. This falls short only to April losses when the price fell 14.76% in one month. As this red close has shaken investors, mixed feelings have followed the month of September. While some expect the Bitcoin price to recover during this time, others expect that the bearishness will continue, with one analyst expecting a significant drop in price. September To Witness Another Bitcoin Price Drop? A…

Latam Insights: Bukele Used Bitcoin as a Rebranding Tool; Bitcoin Mining Companies Stop Operating in Paraguay After Power Fee Hikes

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Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this issue: Salvadoran President Nayib Bukele acknowledges that bitcoin rebranded the country, some bitcoin mining companies have stopped operating in Paraguay after the recent power fee hikes, and Argentines lead Latam in stablecoin adoption. Bukele […] Original

Scenes From Israel, Where Protesters Blame Netanyahu for Deaths of Hostages

There is a word that until now was not used by Israelis to describe their Prime Minister, Benjamin Netanyahu. Yesterday it was everywhere: in red on handmade signs at the protests that broke out across the country, on angry social media posts in Hebrew, and in the mouths of outraged citizens: “Murderer.” The judgment followed the bitter news on what was supposed to be a joyous first day of the school year, Sept. 1. Not only were six more Israeli hostages in Gaza found dead. The details of their deaths…

Key Supports That May Spark a Bullish Upside?

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…

Can It Break Free from the Downtrend?

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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…

Ethereum Price Eyes Downside Thrust: Will It Slip Further?

Este artículo también está disponible en español. Ethereum price started another decline below the $2,550 support. ETH could dive toward the $2,250 support zone before the bulls emerge. Ethereum started a fresh decline below the $2,550 level. The price is trading below $2,500 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance at $2,500 on the hourly chart of ETH/USD (data feed via Kraken). The pair must stay above $2,400 to start another increase in the near term. Ethereum Price Extends Losses Ethereum…

Bitcoin Price Drifts Lower: Will the Grind Continue?

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Bitcoin price extended losses below the $58,500 support zone. BTC is struggling and could continue to move down toward the $55,000 support zone. Bitcoin is gaining pace below the $60,000 support zone. The price is trading below $59,000 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance at $58,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might extend losses if it fails to stay above the $57,200 support. Bitcoin Price Extends Losses Bitcoin price started…

Frax Finance Launches Frax Name Service for Decentralized Identity Management

Frax Finance has launched the Frax Name Service (FNS), a decentralized identity service that allows users to register unique names on the Frax blockchain. Frax Finance Expands Ecosystem With Launch of Frax Name Service Frax Finance has introduced the Frax Name Service (FNS), a decentralized identity service designed specifically for the Frax ecosystem. FNS is […] Source CryptoX Portal