Day: December 27, 2024

Chainlink Is Forming A Head-And-Shoulders Pattern – Confirmation Could Take LINK To $14

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Este artículo también está disponible en español. Chainlink (LINK) has recently shown resilience after a 35% retrace from its yearly highs, surging over 30% to test liquidity around the $23 mark. Despite this recovery, bearish sentiment continues to weigh heavily on altcoins, and Chainlink is no exception. The cryptocurrency has struggled to reclaim its local highs, raising questions about whether the recent rally has enough momentum to sustain further gains. Related Reading Top analyst Ali Martinez provided a detailed technical analysis on X, highlighting a critical pattern that could dictate…

Report: Montenegro Agrees to Extradite Terraform Labs’ Do Kwon to the US

Montenegro has greenlit the extradition of Terraform Labs co-founder Do Kwon to the United States, possibly settling a tug-of-war between the U.S. and South Korea, according to Bloomberg. Do Kwon’s U.S. Extradition Approved Amid Fraud Charges Montenegro’s Justice Ministry made the announcement, highlighting that “most criteria envisaged by the law are in favor of the […] Source CryptoX Portal

Bitcoin $90K Level Is Crucial For Bulls – Price Could Tag $79K If BTC Loses It

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Este artículo también está disponible en español. Bitcoin has found itself in a challenging position, struggling to reclaim the coveted $100,000 mark after a rapid shift in market sentiment. Just weeks ago, optimism dominated the landscape, with prices surging toward new heights. However, the narrative has taken a sharp turn, as fear now grips the market following a sudden correction. Related Reading Currently trading below $100K, Bitcoin’s price action reflects increased uncertainty among investors. Top analyst Axel Adler recently shared his insights on X, emphasizing the significance of the $90,000…

Bybit adds TON staking with Tonstakers integration

Crypto exchange Bybit has announced the integration of Tonstakers to bring new staking opportunities to its users. This follows the exchange’s announcement on Dec. 27 that its web3 wallet now supports the TON blockchain’s leading liquid staking protocol, Tonstakers.  By integrating with Tonstakers, Bybit Web3 Wallet is taking the first step in bringing Toncoin (TON) staking to the community. The move expands the staking opportunities users can tap into across the platform’s decentralized finance ecosystem, Bybit noted in the press release. As staking grows across the ecosystem, up to 130…

Bitcoin Price Enters Correction Phase On Its Path To Explode Above $110,000

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Este artículo también está disponible en español. The Bitcoin price  is still in a correction phase under $100,000, as it is currently down by 1.93% in the past 24 hours. Nonetheless, crypto analyst Titan of Crypto is sure that the leading cryptocurrency is still maintaining its trajectory to the $110,000 mark. According to the analyst, Bitcoin at $110,000 is inevitable, although there remains the possibility of more price declines in the short term. Bitcoin Price $110,000 Path And Current Correction Phase Bitcoin fell short of the $110,000 mark when it…

Uganda and Eight Other Nations Join BRICS as Partners in January

Russia has confirmed that Uganda will become a BRICS partner on Jan. 1, 2025, along with eight other countries: Belarus, Bolivia, Indonesia, Kazakhstan, Cuba, Malaysia, Thailand, and Uzbekistan. These nations will join the BRICS alliance as partner countries, but won’t have the same rights as official members, such as voting power and unrestricted participation in […] Source CryptoX Portal

Fidelity and Ark Lead the Way as Bitcoin ETFs Surge

Thursday’s rally was a welcome change after four consecutive days of total daily net outflows. Post Christmas Rally Snaps Four-Day ETF Exodus The Fidelity Wise Origin Bitcoin Fund (FBTC) and ARK 21shares Bitcoin ETF (ARKB) on Thursday amassed $245 million and $187 million in daily net inflows respectively, as spot bitcoin exchange-traded funds (ETFs) saw […] Source CryptoX Portal

Solana Dips Below $194 – A Continued Consolidation In Sight?

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Solana price action is at a critical juncture, with the cryptocurrency testing market’s patience, it hovers just below the pivotal $194 resistance level. This threshold has emerged as a significant hurdle as bulls struggle to sustain enough momentum to power a breakout despite recent attempts to push higher.  The current phase of consolidation raises important questions about Solana’s next move. A successful breakout above this level could signal the start of a fresh rally, propelling the price toward new highs. However, failure to breach $194 might result in prolonged sideways…