Month: February 2025

Tariffs’ relief sparks crypto market rebound—Bitcoin, Ethereum rise

boss

After a brutal sell-off, Bitcoin and Ethereum are back in action. With Trump pausing tariffs on Canada and Mexico, optimism is creeping back into the market—will the rally last? The crypto market has staged a strong rebound after a brutal sell-off triggered by the U.S. President Donald Trump’s tariff announcement on Feb. 1.  Bitcoin (BTC), Ethereum (ETH), and the broader digital asset market saw heavy losses after the U.S. moved to impose tariffs on Canada, Mexico, and China, but a temporary pause on trade restrictions for Canada and Mexico has…

XRP Price Explodes 25%: Will The Recovery Sustain or Fizzle Out?

boss

XRP price recovered most losses and rallied over 25%. The price is back above $2.65 and now faces hurdles near the $2.820 level. XRP price started a strong upward move above the $2.50 level. The price is now trading below $2.80 and the 100-hourly Simple Moving Average. There was a break above a connecting bearish trend line with resistance at $2.420 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might start a fresh increase if it clears the $2.820 resistance zone. XRP Price Recovers…

Crypto.com and Kalshi face CFTC scrutiny over Super Bowl event contracts

Prediction markets are booming, but the CFTC is paying attention. With Crypto.com and Kalshi under review, could stricter oversight be coming for event-based trading? The Commodity Futures Trading Commission is closely scrutinizing Crypto.com and Kalshi Inc., seeking clarity on how their newly launched Super Bowl event contracts align with U.S. derivatives regulations, according to Bloomberg.  This heightened oversight comes on the heels of a Jan. 27 announcement in which the CFTC’s leadership pledged to monitor emerging issues in the derivatives market, with event-based trading products falling squarely in their sights.…

KDAC Expands into Blockchain with Validator Role on Injective

Peter Zhang Feb 04, 2025 03:40 Korea Digital Asset Custody (KDAC) has joined Injective (INJ)as a validator, enhancing security and scalability in the blockchain ecosystem, and signaling a shift towards decentralized technologies in Asia. Korea Digital Asset Custody (KDAC), a prominent institutional digital asset custodian in South Korea, has officially launched a validator on Injective, a leading proof-of-stake (PoS) blockchain ecosystem. This strategic move marks KDAC’s commitment to bridging traditional finance with blockchain technology, according to Injective (INJ)Labs. KDAC’s Strategic Decision The…

Bitcoin 4-Hour RSI Hits Oversold Zone

boss

Este artículo también está disponible en español. Bitcoin (BTC) has had a volatile 24 hours, plunging from $99,500 to as low as $91,231 amid mounting concerns over impending US trade tariffs on Canada, Mexico, and China. However, some crypto analysts see this sharp decline as a buying opportunity, suggesting that BTC may be oversold and poised for a rebound. Is Bitcoin Poised For A Relief Rally? Yesterday, the crypto market experienced one of its largest sell-offs in history, with over $2.3 billion in liquidations affecting more than 742,000 traders. This…

Ethereum Price Recovery Stalls at Resistance: Can Bulls Break Through?

Este artículo también está disponible en español. Ethereum price started a recovery wave above the $2,500 zone. ETH is up nearly 10% and now faces a major resistance near $2,920. Ethereum started a decent upward move above the $2,500 support zone. The price is trading below $2,900 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $2,920 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh decline if it stays below the $2,920 level. Ethereum…

Bitcoin Price Climbs Back to $100K: Is This Just the Beginning?

Bitcoin price started a fresh upward move above the $98,000 zone. BTC is trimming losses but might struggle to settle above the $103,000 zone. Bitcoin started a fresh upward move above the $100,000 level. The price is trading above $99,500 and the 100 hourly Simple moving average. There was a break above a key bearish trend line with resistance at $96,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another increase if it stays above the $100,000 zone. Bitcoin Price Reclaims $100,000…

Testing meme launches like Panshibi

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Chainlink’s path to resurgence may lie in embracing meme coin launches like Panshibi, which is growing significantly. When cryptocurrency debuted with Bitcoin in 2009, it took a while for investors to catch on, which was understandable considering the novelty of the idea. Today, the cryptocurrency market is worth well over $3.5 trillion. However, the growth hasn’t stopped market stalwarts like Chainlink from falling behind due to market volatility. This…

Why Bitcoin Price Crash Could Be a Buying Opportunity for Big Players

boss

Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more…

Nobel Laureate Eugene Fama: Bitcoin Is Doomed to Be Worthless

boss

Nobel laureate economist Eugene F. Fama predicts bitcoin’s collapse, estimating its chances of survival as nearly zero and dismissing it as worthless. Nobel Economist Says Bitcoin’s Collapse Is Near Certain Eugene F. Fama, a Nobel Prize-winning economist known for his work on asset pricing and the efficient market hypothesis, believes bitcoin will ultimately become worthless. […] Original