Bitcoin Holds Steady Above $34K After Hawkish BOJ Decision
The BOJ's yield curve control program has been a major source of liquidity for financial markets since 2016. Early Tuesday, the bank tweak the curve control program in what appears to be a stealth hawkish move.
SOL Price (Solana) Momentum Reignites: Indicators Signal Surge To $38
Solana is gaining pace above the $35 resistance against the US Dollar. SOL price remains supported and might aim for a fresh rally toward $38. SOL price started a major rally above the $32 resistance against the US Dollar. The price is now trading…
Sam Bankman-Fried's Defense Team Makes Last-Ditch Bid to Get 'English Law' Detail in Jury Instructions
A set of filings from Sam Bankman-Fried's defense team late Monday shows his attorneys still hope to clarify that English law governed FTX's terms of service – which may have implications on the fraud charges.
Are Bitcoin ETFs headed for one epic Gensler ‘rugpull?’ Analysts weigh in
While unlikely, Bloomberg’s ETF analysts conceded that there’s always a possibility that SEC Chair Gary Gensler could be waiting until the last moment to deny the flurry of pending spot Bitcoin ETF applications.
Ethereum Price Uptrend To Continue? These Could Be The Factors To Watch
Ethereum price is slowly moving higher toward the $1,850 resistance against the US dollar. ETH must clear $1,820 and $1,850 to continue higher. Ethereum is still facing a major hurdle near the $1,850 zone. The price is trading above $1,780 and the…
Banking Giant Standard Chartered’s Crypto Custody Firm Zodia Launches in Hong Kong
British banking giant Standard Chartered-owned crypto custody firm Zodia is launching services in Hong Kong. “The Hong Kong government and the regulators see digital assets as the future and also want Hong Kong to be a hub,” the crypto firm’s…
Cardano Climbs TVL Ranks: 198% Yearly Surge Puts Network Among Top 15
Cardano (ADA), a Proof-of-Stake (PoS) Layer-1 (L1) smart contract network launched in 2017, experienced a largely quiet Q3 2023 in the overall crypto market. However, the network faced challenges with a decline in ADA’s price and revenue. …
Bitcoin Price Hints At Potential Correction, Buy The Dip?
Bitcoin price is still struggling to gain pace for a move above $35,000. BTC could correct a few points before the bulls attempt another increase. Bitcoin is still struggling to clear the $35,000 resistance. The price is trading above $34,150 and…
Analyst Predicts A Mega Bull Run If Bitcoin Breaks $36,000
Crypto and Bitcoin traders should prepare for another sharp leg up, especially if the coin breaks above the $35,750 to $36,000 resistance wall this week. According to an X user, Alex Thorn, the Head of Firmwide Research, the $250 zone between those…
Robert Kiyosaki Shares Investment Allocation to Help You Survive ‘Greatest Crash in World History’
Rich Dad Poor Dad author Robert Kiyosaki has recommended an investment allocation that he says may help you survive the greatest crash in world history. Noting that financial experts have promoted a 60/40 portfolio allocation of stocks and bonds…
In a chilling development on Halloween Day, the crypto community was hit with disturbing news as PeckShield, a renowned blockchain security company, revealed a series of rug pulls over the past few hours. Rug pulls, a form of cryptocurrency scam…
Bitcoin To $3 Million Is “A 100X From Today”, And You Are Still Early: Crypto Advocate
Luke Bryoles, a Bitcoin advocate who thinks the world’s most valuable network will save people’s energy, is bullish. On October 30, Bryoles said the coin could rally to $3 million, and all it needs is to be “100X from…
SEC’s Spot Bitcoin ETF Approval Looking Like ‘a Done Deal’ in January, Says Bernstein
Global asset management firm Alliancebernstein’s research arm expects the U.S. Securities and Exchange Commission (SEC) to approve its first spot bitcoin exchange-traded fund (ETF) in early January 2024. Noting that the regulator “has…
Time To Exit Bitcoin? Crypto Analyst Predicts 75% Breakdown To $8,000
Bitcoin has been on a winning streak for the better part of October and the multiple surges since then have pushed the price above $35,000 before correcting back downward. Even now, Bitcoin continues to show strength but not everyone is convinced…
Shiba Inu Burn Rate Nosedives Following 7,700% Jump, What Happened?
The Shiba Inu burn initiative continues this week but with a drastic decline in volume. The latest figure which shows a decreased participation from investors could have long-running significant implications for the SHIB price. SHIB Burn Rate Drops…
US Treasury Deputy Secretary: Crypto Not Major Source of Funding for Terrorists
U.S. Treasury Deputy Secretary Wally Adeyemo says crypto is not the vast majority of the ways terrorist groups are funded, noting that these organizations “continued to use the traditional banking system.” His statements followed media…
Bitcoin Solid Above $34,000 Despite High Short-Term Holder Profit-Taking
Bitcoin has shown some impressive strength above the $34,000 mark despite a high amount of profit-taking from short-term holders. Bitcoin Short-Term Holders Are Selling, While Long-Term Holders Are Still Quiet As explained by analyst James V…
Ethereum Has Layer 0 Power. But It Could Still Blow It
Before it becomes foundational infrastructure for the next stage of the internet, there are three risks that the blockchain needs to avoid, says Paul Brody, head of blockchain at EY.
Ethereum’s Price Teetering: Analyst Forecasts Surge Past $2,000 On One Condition
Ethereum (ETH), the second-largest crypto by market capitalization, has been in the spotlight due to its price action. A notable crypto analyst, Pentoshi, shed light on the asset’s price trajectory, suggesting a possible uptick in value if…
Bank of Spain Report: Most Spaniards Don’t Want Digital Euro, 65% Would Not Use It
A recent report issued by the Bank of Spain that inquires about how Spaniards use cash for payments has revealed the low degree of confidence they have in a hypothetical digital euro. 65% of the citizens surveyed reported that they would not use…
Tokenized U.S. Treasury Market Grows Nearly 600% to $698M as Crypto's RWA Race Intensifies
Tokenized versions of U.S. Treasuries grew nearly seven-fold so far in 2023 as competition between investment offerings and blockchain venues intensified.
Is Bitcoin Top Here? This Metric Would Say Otherwise
The Bitcoin MVRV ratio, an on-chain indicator, could suggest the asset may not have hit its top for the current rally just yet. Bitcoin MVRV Ratio Says Market Isn’t Overheated Right Now According to data from the market intelligence platform…
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