A man was arrested after climbing the Hollywood sign and waving a flag promoting the Vigilante token cryptocurrency. Vigilante Token Launched in ‘Most Viral’ Way On Feb. 15, the Los Angeles Police Department confirmed that officers detained a man seen atop the Hollywood sign waving a flag promoting a cryptocurrency. The department said the flag […] Source CryptoX Portal
Month: February 2025
Bitcoin Whales Accumulate—Will This Push BTC Toward $100K?
Changing macroeconomic conditions and big investment activity are driving Bitcoin near the crucial $97,000 resistance point. Currently selling at about $96,209, the most valuable cryptocurrency is causing both expectation and concern as market players await a breakthrough. Related Reading Whale Accumulation Signals Strong Confidence Whales aren’t sitting on the sidelines. From Binance, at an average price of $96,400, a freshly approved wallet recently pulled out 568 BTC, or around $55 million, data from Spot On Chain shows. These high-value withdrawals frequently indicate long-term trust as investors migrate their money from…
Korea’s Crypto Leap: FSC to Permit Institutional Investors to Open Virtual Asset Trading Accounts in H2
Starting in the second half of the year, South Korea will allow certain institutional investors, including listed companies, to open virtual asset trading accounts. Risks of Institutional Participation South Korea will allow certain institutional investors to open virtual asset trading accounts starting in the second half of the year, the country’s Financial Services Commission (FSC) […] Source CryptoX Portal
Cardano (ADA) Bulls in Action—Is a New Upside Run Beginning?
Cardano price started a fresh rally above the $0.750 zone. ADA is now consolidating gains and might aim for a fresh move above the $0.80 level. ADA price started a fresh rally above the $0.720 and $0.750 levels. The price is trading above $0.750 and the 100-hourly simple moving average. There was a break above a key bearish trend line with resistance at $0.770 on the hourly chart of the ADA/USD pair (data source from Kraken). The pair could start another increase if it clears the $0.80 resistance zone. Cardano…
Feds Say AI Crypto Firm Was a Scam, Owner Faces Trial
A Las Vegas businessman, Brent C. Kovar, 58, has been indicted for allegedly orchestrating a $24 million cryptocurrency Ponzi scheme through his company, Profit Connect. Prosecutors claim Kovar falsely promoted Profit Connect as an artificial intelligence-powered cryptocurrency mining firm that guaranteed fixed investment returns of 15%-30% APR and falsely implied FDIC backing. From 2017 to […] Source CryptoX Portal
XRP Price Settles After Gains—Is a Fresh Upside Move Coming?
Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…
Bitcoin Dominates as Altcoin Season Index Dips: What’s Next?
The CoinMarketCap Altcoin Season Index now sits below 40, signaling that altcoins continue to underperform relative to Bitcoin. What’s next? The CMC Altcoin Season Index is a tool that helps determine whether the market is in altcoin season or Bitcoin (BTC) season by tracking the performance of the top 100 cryptocurrencies over the past 90 days. When 75% or more of these altcoins outperform Bitcoin, the market is considered to be in altcoin season. In December 2024, the index hit 64, signaling the start of altcoin season. However, since the…
Ethereum Price Faces Renewed Pressure—Is a Breakdown Imminent?
Este artículo también está disponible en español. Ethereum price is moving lower from the $2,800 zone. ETH might gain bearish momentum if it dips below the $2,650 support zone. Ethereum started a fresh decline below the $2,720 level. The price is trading below $2,700 and the 100-hourly Simple Moving Average. There was a break below a key bullish trend line with support at $2,680 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a decent upward move if it settles above $2,700 and $2,720. Ethereum…
Russia Prioritizes BRICS and G20, Calls G7 ‘Outdated’ and Irrelevant
Russia is turning its back on the G7, calling it outdated, and shifting its focus to BRICS, SCO, and G20 as the new pillars of global influence. Russia Chooses BRICS and G20 Over ‘Outdated’ G7 Russia is prioritizing BRICS, the Shanghai Cooperation Organization (SCO), and the Group of Twenty (G20) over the Group of Seven […] Source CryptoX Portal
Bitcoin Price Falls Short Again—Is a Deeper Decline Coming?
Bitcoin price is struggling to clear the $100,000 resistance zone. BTC is again moving lower and might decline toward the $95,000 support. Bitcoin started a fresh decline from the $98,500 zone. The price is trading below $97,000 and the 100 hourly Simple moving average. There was a break below a major bullish trend line with support at $97,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another increase if it stays above the $96,000 zone. Bitcoin Price Dips Again Bitcoin price remained…