Ethereum Technical Analysis: ETH Bulls Press Forward Hinting at Possible Reversal
As of May 13, 2024, ethereum presents a complex landscape for traders, characterized by fluctuating prices and diverse market signals. Despite a slight 1% uptick over the past day, the broader perspective shows a week marked by a 6.1% decline…
First Mover Americas: Bitcoin Fails to Hold $63K, May Remain Range-Bound
The latest price moves in bitcoin (BTC) and crypto markets in context for May 13, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
El Salvador Launches Website to Track $360M Bitcoin Treasury
El Salvador made history in 2021 by becoming the first country to adopt Bitcoin as a legal tender under the leadership of President Nayib Bukele. This groundbreaking decision has enabled significant financial improvements across the small Central…
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Argentine authorities crack down on illegal crypto investment scam, Bancolombia launches cryptocurrency…
Analyst Points Out Level To Beat If Bitcoin Is To Reach $76,000
Crypto analyst Ali Martinez has highlighted what needs to happen for Bitcoin to climb to $76,000. If that doesn’t happen, he noted that the flagship crypto risks dropping significantly to levels not seen since the start of the year. How Bitcoin…
Bitcoin Technical Analysis: Bulls Set Sights on a Glimmer of Recovery
As of May 13, 2024, bitcoin exhibits mixed signals across various time frames and technical indicators, presenting a complex landscape for traders. The leading crypto asset’s price currently stands at $62,792, reflecting a slight increase…
Blockdaemon gets greenlight for UAE expansion in Abu Dhabi
Blockdaemon gets the go-ahead for further expansion in the UAE with a new office in Abu Dhabi to boost web3 growth and push for institutional-grade adoption.
CEO Drops Bombshell: Trump Campaign Eyes Crypto-Friendly Policies
The intersection of cryptocurrency and politics has taken center stage as the potential return to power of former President Donald Trump emerges with a crypto-friendly agenda. The revelation comes from none other than David Bailey, CEO of Bitcoin…
Analyst Forecasts BTC to Reach $1 Million in 10 Years, Envisions It as Future Reserve Currency
Onchain bitcoin analyst Willy Woo predicts that the leading cryptocurrency will reach the $1 million milestone within the next decade. During what he describes as “a time to be alive,” Woo anticipates witnessing a purge of central…
Korea’s Infinite Block Joins as XRP Ledger Validator, Bolstering Global Ecosystem
Infinite Block, a Korean virtual asset service provider, has announced its participation as a validator in the XRP Ledger (XRPL) blockchain. This move is expected to bolster the XRPL ecosystem within Korea’s unique regulatory environment…
Despite $250 Billion Worth of Transactions, Digital Yuan Users Prefer Physical Cash
Some participants of China’s Central Bank Digital Currency (CBDC) pilot program, specifically state workers paid in digital yuan (e-CNY), are quickly converting their digital currency to physical cash due to concerns over its utility and lack…
The test aims to evaluate the PHPC stablecoin’s real-world performance, its impact on the local fiat ecosystem, and its potential uses, including payments, trading and DeFi applications.
DOGE Price Prediction – Can Dogecoin Bulls Overcome This Hurdle?
Dogecoin extended losses and traded below the $0.1420 support zone against the US Dollar. DOGE is now recovering but facing key hurdles at $0.1450. DOGE price tested the $0.1360 support and started a recovery wave. The price is trading below the…
Casa Co-Founder Jameson Lopp: Attacks on Cryptocurrency Whales Are “Vastly Underreported”
Jameson Lopp, the co-founder of Casa, a Bitcoin services company, referred to increasing attacks targeting cryptocurrency whales. On social media, Lopp stated that “while still relatively rare,” the number of targeted attacks against…
XRP To Hit Zero Against BTC? Veteran Trader Cites ‘Pure Classical Charting’
In a recent analysis shared via X, Peter Brandt, regarded as one of the leading experts globally in applying classical charting techniques to trading futures, foreign exchange, and crypto markets, suggested that the XRP to Bitcoin (XRP/BTC)…
El Salvador Enhances Bitcoin Treasury Transparency With Launch of Dedicated Mempool Space
In a significant move towards transparency, El Salvador’s National Bitcoin Office (ONBTC) has announced the launch of its own mempool space. This development allows anyone to view the country’s bitcoin treasury holdings. The initiative…
Mark Cuban Blasts SEC’s Crypto Regulation, Advocates for Japan’s Approach
Billionaire investor and “Shark Tank” star, Mark Cuban, has taken to social media to voice his concerns about the U.S. Securities and Exchange Commission’s (SEC) approach to cryptocurrency regulation. In a series of posts, Cuban criticizes the SEC
Bitcoin Cash Price At Make-Or-Break Moment, Key Levels To Watch
Bitcoin Cash price extended losses and traded below the $450 support. BCH is consolidating and might start a recovery wave if there is a move above $440. Bitcoin cash price started a fresh decline below the $440 support. The price is trading below…
Crypto Teams May Exit Space Due to Ethereum Security Classification, Amina Bank Report Suggests
The classification of ethereum as a security poses not only risks to the entire crypto market, but it could also likely lead to many crypto teams exiting the space. This designation might hinder progress and potentially reverse years of…
XRP Bears Keeps Pushing, Indicators Suggest A Strengthening Case of More Losses
XRP price started a fresh decline from the $0.5050 resistance zone. The price could decline further if there is a close below the $0.4865 support. XRP extended losses and traded below the $0.500 support. The price is now trading below $0.4950 and…
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