SUI Price Breaks Out Of Key Resistance – 50% Rally Ahead?

Amid the recent market volatility, SUI is attempting to hold a key level as support following its breakout from a local resistance. Some analysts have suggested that if momentum holds, the altcoin could be preparing for a 50% rally to the next major resistance. Related Reading SUI Recovers Major Support Zone On Tuesday, SUI retested a crucial area as support after recovering from the recent market crash and breaking out of a one-month downtrend line. The altcoin traded between $2.30-$3.00 after the October 10 correction, when the cryptocurrency briefly crashed…

Rally Back On? BTC/AI Miners Pumping Pre-Market! Bitcoin Vs Miners Last Week!

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Rally Back On? BTC/AI Miners Pumping Pre-Market! Bitcoin Vs Miners Last Week! Followed by Q&A! Patreon membership starts at $8 per month and includes access to our private Discord channel discussing the miners and bitcoin. It’s 10% off if you sign up for a yearly subscription. ○ Merchandise store: PLEASE HIT THE LIKE BUTTON! DON’T FORGET TO SUBSCRIBE! Chapters: 0:00 Intro // FOLLOW ME ○ Twitter: @sebastian_ski // PODCAST VERSION ON YOUTUBE MUSIC ○ // WHAT I USE DAILY ○ TRADINGVIEW: ○…

Ethereum Pullback Reaches Support — Will Bulls Step In to Defend Territory?

Ethereum price failed to recover further above $3,650. ETH is trimming gains and might decline further if it dips below the $3,360 support. Ethereum started a fresh decline after it failed to stay above $3,620. The price is trading below $3,550 and the 100-hourly Simple Moving Average. There was a break below a bullish trend line with support at $3,575 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it settles below the $3,360 zone. Ethereum Price Dips Again Ethereum price…

SoFi Bank Introduces Crypto Trading for Customers

US bank SoFi Technologies has launched crypto trading services to its customers, as clearer rules have allowed the crypto market to court greater interest from traditional finance. SoFi said on Tuesday that its crypto service will aim to offer dozens of cryptocurrencies, including Bitcoin (BTC) and Ether (ETH), and started in a phased rollout on Monday, with more customers able to gain access in the coming weeks.  SoFi CEO Anthony Noto told CNBC’s Squawk Box on Tuesday that his bank is the first and only nationally chartered bank to launch…

Bitdeer stock plummets again as Tether trims major stake

Bitdeer Technology Group’s week got worse. After the Bitcoin mining company announced a $266 million net loss, its cornerstone investor, Tether, decided to downsize its stake. Summary Bitdeer stock fell sharply Tuesday after Tether trimmed its stake by 7.7 million shares. The sell-off coincided with Bitdeer’s Q3 net loss of $266.7 million, a 422% jump from last year. Tether’s holdings dropped from 38 million to 30.36 million shares, representing an 18% stake. According to a recent filing, Tether has unloaded approximately 7.7 million shares since September, grossing around $166 million…

Bitcoin Mining Stocks Are Insanely Mispriced

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Bitcoin Recovery Falters — Weak Volume Signals Possible Exhaustion of Buyers

Bitcoin price failed to recover above $107,000. BTC is trimming gains and might could continue to move down if it trades below $102,500. Bitcoin started a fresh decline after it failed to clear $107,000. The price is trading below $105,500 and the 100 hourly Simple moving average. There was a break below a bullish trend line with support at $104,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might continue to move down if it settles below the $102,500 zone. Bitcoin Price Trims Gains…

Canary Capital’s US Spot XRP ETF Could Launch Thursday

The first US-based exchange-traded fund (ETF) to directly hold XRP could hit the market as soon as Thursday, after crypto investment firm Canary Capital filed key documents for its fund. Bloomberg senior ETF analyst Eric Balchunas said on Tuesday that Canary had filed a Form 8A with the Securities and Exchange Commission on Monday night, which must be lodged before securities are offered on an exchange. Balchunas said the filing “points to launch tomorrow or Thursday” as Form 8A filings for Hedera (HBAR) ETFs saw those funds launch the next…

Bitcoin Spot Demand Growing For First Time Since Early October: CryptoQuant Head

Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been the longest he has been attached to. In terms of official educational qualifications, Keshav holds a bachelor’s degree in Physics from one of the premier institutes of India, the University of Delhi (DU). He started…