Day: November 13, 2024

Solana (SOL) Needs to Hold $200 for Next Rally: Will It Succeed?

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Solana started a fresh increase above the $200 support zone. SOL price is correcting gains and must stay above $200 for a fresh increase. SOL price started a fresh increase after it settled above the $188 level against the US Dollar. The price is now trading below $212 and the 100-hourly simple moving average. There was a break below a key bullish trend line with support at $210 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could start a fresh increase if the bulls…

Ethereum Pioneer’s New ‘Time Machine’ Makes Transactions Conditional on Future Events

“For example, a user could stipulate that a trade execute at a specified day and time conditional on a set of prerequisites,” the STXN team wrote in a press release shared with CoinDesk. “These prerequisites could be absolute, such as the dollar value of a particular asset, or relative – for instance, whether one asset is worth more than another. The potential permutations are almost unlimited, greatly increasing the dynamism of the largest blockchain for developers.” Source

Dogecoin Could Target $2.4 If Price Aligns With Macro Pattern – Details

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Este artículo también está disponible en español. Dogecoin has skyrocketed over 200% in less than three weeks, riding the wave of Bitcoin’s recent record-breaking rally. As BTC surged to new all-time highs, the momentum carried over to altcoins, with Dogecoin leading the pack in aggressive gains. This historic price surge has captured the attention of traders and analysts alike, sparking excitement for DOGE’s future potential in this bullish market phase. Renowned crypto analyst and investor Ali Martinez recently shared a technical analysis highlighting Dogecoin’s upward trajectory, setting bold targets that…

Coinbase Launches Regulated Crypto Benchmark — Who Can Invest?

Coinbase’s new cryptocurrency index introduces a regulated crypto benchmark, offering investors broad exposure and setting a new standard for transparency in the digital asset market. A New Crypto Benchmark Emerges — Coinbase’s Bold Move with COIN50 Index Coinbase (Nasdaq: COIN) has launched the Coinbase 50 Index (COIN50), which the crypto exchange described as “a regulated […] Source CryptoX Portal

XRP Price Gains Speed: Could The Surge Reach $0.80?

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XRP price is up over 10% and moving higher above the $0.620 support zone. The price tested the $0.740 zone and is currently correcting gains. XRP price started a decent increase above the $0.620 resistance. The price is now trading above $0.6250 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $0.6180 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could start another increase if it stays above the $0.6200 support zone. XRP Price Eyes More…

Ethereum Price Hits $3,450 Wall: Can It Power Through?

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Este artículo también está disponible en español. Ethereum price extended its increase above the $3,220 resistance. ETH is now consolidating and facing hurdles near the $3,450 resistance. Ethereum started a fresh increase above the $3,120 resistance zone. The price is trading above $3,150 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $3,220 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to rise if it remains stable above the $3,150 zone. Ethereum Price Faces Hurdles Ethereum…

Ethereum’s Positive Funding Rates Push Price Near $4K—Are There Any Downsides?

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Ethereum has recently climbed to a major high above $3,400, reigniting enthusiasm among market participants and signaling a potential upward trend that may lead to a push above $4,000 toward a new all-time high. This optimism has been met with major speculation of ETH’s price from the crypto community and analysts, who are observing key indicators within the market to assess the asset’s trajectory. Ethereum Rise and Market Sentiment According to a report shared by a CryptoQuant analyst known as ‘ShayanBTC,’ Ethereum’s recent price performance, up by 35% in the…

Is This a Breather Before the Next Move?

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Bitcoin price extended gains above $88,000. BTC is now consolidating gains near $90,000 and might see a minor decline in the near term. Bitcoin extended its increase and traded above the $88,000 zone. The price is trading above $86,500 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming with support at $85,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could continue to rise if it stays above the $85,000 zone. Bitcoin Price Sets Another ATH Bitcoin price…

$1 Million Bitcoin: Arthur Hayes Predicts Historic BTC Surge Amid Policy Changes

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Arthur Hayes predicts bitcoin could hit $1 million, driven by Trump’s massive credit expansion policies, which he argues will fuel inflation and push investors toward hard assets like BTC. Arthur Hayes Sees a Million-Dollar Bitcoin Amid Shifting US Policies Arthur Hayes, co-founder and former CEO of crypto exchange Bitmex, predicts bitcoin could surge to $1 […] Original

Italy lowers proposed crypto tax hike to 28%: report 

Italy’s government is considering lowering its proposed tax hike on crypto trades, reducing the planned rate increase from 42% to 28%. This shift comes as Prime Minister Giorgia Meloni’s coalition appears inclined to amend the tax proposal, which was initially part of October’s budget plan, to support the country’s growing digital asset sector, according to Bloomberg. Italy’s steep crypto rate increase Currently, crypto transactions in Italy face a 26% tax, but officials had proposed raising this to 42% to boost public finances.  Crypto industry executives, however, voiced concerns, arguing that…