El Salvador’s potential $3 trillion gold discovery has sparked debates over mining bans, sustainability, and the possibility of increased bitcoin investments, potentially reshaping the nation’s future. El Salvador’s $3T Gold Discovery Sparks Calls to Monetize Gold for Bitcoin Salvadoran President Nayib Bukele has highlighted the potential of El Salvador’s untapped gold reserves, estimating their value […] Original
Este artículo también está disponible en español. Anthony Scaramucci, Founder and Managing Partner at SkyBridge Capital, recently shared his insights on Bitcoin (BTC) and the broader cryptocurrency market. Speaking at the Bitcoin MENA 2024 Conference, Scaramucci predicted that China would likely establish a Bitcoin strategic reserve in 2025. Scaramucci Predicts China Will Follow the US Bitcoin Strategy The former White House Communications director predicted that China would return to BTC mining after years of a blanket ban. In addition, the American stated that China will also likely create a BTC…
Este artículo también está disponible en español. Ethereum price remained stable above the $3,500 zone. ETH is now consolidating and might aim for a move above the $3,750 resistance zone. Ethereum started a downside correction below $3,780 and $3,750. The price is trading below $3,800 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $3,740 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it stays above the $3,500 support zone. Ethereum Price…
Bitcoin price remained supported above the $94,200 zone. BTC is forming a base and might start a fresh increase above the $98,000 resistance. Bitcoin started a fresh decline below the $98,000 support zone. The price is trading below $97,500 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance at $97,800 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could regain momentum if it closes above the $98,000 resistance zone. Bitcoin Price Stays Above Support Bitcoin price…
Veteran trader Peter Brandt calls bitcoin a “store of value” or “worthless,” emphasizing adaptability in projections while dismissing price targets as “mostly worthless” talking points. Peter Brandt’s Binary Bitcoin Playbook: Risk, Reward, and Radical Projections Veteran trader Peter Brandt has outlined his dynamic approach to bitcoin, reflecting on its potential future while emphasizing flexibility in […] Original
Este artículo también está disponible en español. Crypto analyst Dark Defender revealed that a weekly bull flag has appeared on the XRP price chart. The analyst further explained why XRP could hit double digits in this market cycle following this development. Weekly Bull Flag Appears On XRP Price Chart In an X post, Dark Defender stated that a weekly bull flag has now appeared on the weekly XRP price chart. He noted that this bull flag had earlier appeared on the daily chart when XRP was at $0.70, as the…
Roger Stone, the veteran political strategist and vocal supporter of libertarian ideals, has voiced his strong backing for cryptocurrency pioneer Roger Ver on his website, Stonezone.com, spotlighting an editorial advocating Ver’s presidential pardon. Roger Stone Backs Roger Ver by Highlighting Editorial on Political Strategist’s Website Stonezone.com, the digital platform of American political consultant Roger Stone, […] Source CryptoX Portal
Ethereum (ETH) continues to experience pullback in its price as it recently tested the $4,000 resistance level, a key psychological price mark for the cryptocurrency. Amid this correction, bearish tendencies among investors on Binance have surfaced. A recent analysis by CryptoQuant analyst Darkfost highlights a significant trend where Binance’s taker buy-sell ratio for Ethereum turned “sharply negative” at the $4,000 mark. This suggests that traders on the exchange have predominantly adopted a selling stance. Ethereum Tug of War According to Darkfost, the bearish sentiment on Binance has persisted since the…
It was a transformational year for bitcoin miners, with a cohort of them plowing significant resources into running artificial intelligence (AI) data centers. None, however, have done it quite like Core Scientific (CORZ), which under CEO Adam Sullivan’s leadership emerged from bankruptcy in January and then proceeded to ink a multi-billion dollar megadeal with longtime business partner, AI hyperscaler CoreWeave. In fact, Sullivan’s company was the first miner to move into AI computation on a scale that brought investors’ much-needed attention back to the mining industry. Once Core was able…