A landfill in Newport, Wales, where James Howells accidentally discarded a hard drive containing 7,500 bitcoins (now worth approximately $750m or £620m) is scheduled to close in 2025-26. Howells’ attempts to sue the council for access to the site or compensation were unsuccessful. The council is planning to cap and close the landfill, which has […] Original
Day: February 9, 2025
What Happens Next Could Be Game-Changing
Este artículo también está disponible en español. Crypto analyst Ali Martinez has highlighted a crucial moment for the price action of Solana, pointing to a key support level within a parallel channel. His technical analysis, which is based on SOL price action on the daily candlestick timeframe, shows that the altcoin has been trading in an uptrend channel since July 2024. Notably, this uptrend channel has been highlighted by the formation of higher lows and higher highs as Solana continued to push to new all-time highs. Now, Martinez noted that…
Latam Insights: Brazil to Empower Fund to Buy Crypto, Tether Talks Salvadoran Skyscraper
Welcome to Latam Insights, a compendium of the most relevant crypto and economic news from Latin America over the past week. In this week’s edition, a Brazilian lawmaker introduces a bill to allow funds to purchase crypto, Tether details its Salvadoran skyscraper move, and crypto remittance volumes remain marginal in El Salvador. Brazilian Lawmaker Proposes […] Source CryptoX Portal
XRP Bull Targets $2.80 Breakout — Here Are The Key Levels To Consider
Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active…
Dogecoin Hits Weekly Support Trendline, Analyst Signals Cycle Bottom Is In
Este artículo también está disponible en español. Recent price decline action has seen Dogecoin rebounding at a recent multi-month low after the entire market started last week on a liquidation stretch. However, technical analysis from analyst Trader Tardigrade suggests that Dogecoin may have already established its cycle bottom before the next price surge. Dogecoin Tests Key Weekly Support After 40% Drop The cryptocurrency market faced a significant downturn last week, with widespread losses hitting various digital assets. Dogecoin was no exception to the sell-off, experiencing a sharp decline of nearly…
Judge Refuses To Dismiss Coinbase Class Action Lawsuit, Says Exchange Must Face Complaint in New York: Report
A federal judge is reportedly ruling that top US-based crypto exchange Coinbase must face a class action lawsuit in New York. According to a new report from Reuters, Paul Engelmayer, a judge for the Southern District of New York, is rejecting Coinbase’s argument that it did not qualify as a “statutory seller” to dismiss a lawsuit that alleges the firm illegally sold securities in the form of digital assets to customers without being registered as a broker-dealer. Engelmayer says that Coinbase’s claim was invalid because it never passed title to…
Ethereum Spot ETFs Outshine Bitcoin Counterparts With Double Market Inflows
Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active…
BANANAS31 and ANDY surge triple digits, BTC struggles at $96,000: Here’s why
The price of coins like BANANAS31 and ANDY has spiked over 200% while the overall crypto market remains bearish. According to CoinMarketCap data, the overall crypto market still remains bearish with just a 1.5% surge in global crypto market cap in the last 24 hours. Bitcoin (BTC) and Ethereum (ETH) are showing struggle at the $96,000 and $2,600 levels respectively. However, as per CoinGecko data, Banana For Scale (BANANAS31) is the top gainer with over a 300% surge in the last 24 hours. The coin’s price has surged as high…
Bitcoin Price Analysis: Short-Term Pain or Long-Term Gain? Traders on Edge
Bitcoin’s price on February 9, 2025, stood at $96,413. It has a market cap of $1.911 trillion, a 24-hour trade volume of around $23.62 billion, and an intraday price range between $95,782 and $97,317. Bitcoin Bitcoin‘s 1-hour chart reflects a period of consolidation following a drop from a local high of $100,185 to a low […] Original
Bitcoin Taker Buy/Sell Ratio Spikes On Major Exchanges — Time To Buy?
The price of Bitcoin has not shown any serious momentum so far in 2025 besides briefly surpassing the $108,000 level in mid-January. On the contrary, the flagship cryptocurrency has suffered some significant corrections over the past few weeks. The most recent pullback saw the BTC price heavily slump toward $92,000 after US President Donald Trump introduced new trade tariffs on Canada, Mexico, and China earlier this week. While the Bitcoin price quickly recovered above $100,000, it has since struggled to sustain any bullish momentum — currently trading around $96,500. HTX…