Bitcoin 92-day consolidation is setting up a ‘massive’ rally — Traders
Bitcoin is now trading in its “longest” consolidation period, but the longer the consolidation, the “larger the expansion,” according to traders.
Posts published on June 12, 2024 go to media archive 1/4
Euro’s Reserve Currency Status Threatened as Its Share of Foreign Reserves Holdings Drops
A report from the European Central Bank indicated that the euro’s share of foreign exchange reserves declined by one percentage point to 20% in 2023. According to the report, the continued diversification of global reserve portfolios into…
Andrew Tate token surpasses MOTHER amid claims of insider activity
Bubblemaps’ analysis claims a handful of wallets purchased 30% of the supply of the memecoin DADDY before Andrew Tate promoted it online.
Bitcoin whales scoop $1.4B in 24 hours this week amid market correction
The huge and sudden uptick in Bitcoin whale accumulation came as Bitcoin supply on exchanges fell to its lowest level since December 2021.
Uniswap Price on the Rise: UNI Eyes Set on Further Gains
UNI price started a fresh increase above the $9.50 resistance. Uniswap is showing positive signs and might eye more upsides above the $10.00 resistance. UNI started a fresh increase above the $9.50 resistance zone. The price is trading above $9.60…
XRP Price on Edge: Potential Slide Resumption Looms
XRP price failed to recover above the $0.50 resistance zone. The price is again moving lower and there is risk of more downsides below $0.4840. XRP is still showing bearish signs and struggled near $0.50. The price is now trading below $0.4920 and…
Ethereum Price Slippery Slope: More Downside Risks in Sight
Ethereum price failed to clear the $3,650 resistance. ETH declined again after the Fed decision and now shows bearish signs below the $3,550 level. Ethereum started a fresh decline below the $3,580 support zone. The price is trading below $3,550…
TON flips ETH in daily active users, but that’s not the full picture
TON has seen more daily active addresses than Ethereum in 10 of the last 11 days — however, that figure doesn’t include Ethereum layer 2s.
Major Listing Propels This Solana AI-Based Token To New Peaks Beyond $5: Is it Time To Buy?
Solana-based altcoins and artificial intelligence (AI)-based coins have seen a surge in investment and price appreciation in recent months. Among the notable winners is io.net’s native token IO, which surged above the $5 mark and saw a…
Bitcoin Price Rejects $70K: Post-Fed Recovery Fails to Materialize
Bitcoin price started a strong increase above $68,500. BTC even tested $70,000, but post-fed there was a major bearish reaction. Bitcoin started another decline from the $70,000 resistance zone. The price is trading below $68,550 and the 100 hourly…
Uzbek Court Sentences Student to 10 Days in Prison for Crypto Sales
A 24-year-old Termez State University graduate has been sentenced to 10 days of administrative imprisonment for selling cryptocurrency notcoin. Termez State University is a public institution located in the capital of Surkhandarya province…
Analyst targets $91.5K Bitcoin next despite Fed’s ‘hawkish tone’
Pseudonymous analyst CryptoCon is confident Bitcoin will surge 25% above current all-time highs — its next big “step” before cracking the cycle’s top of $123,982.
Thai Finance Minister Revokes Crypto Exchange Zipmex’s Licenses
The Securities and Exchange Commission (SEC) of Thailand announced Monday that the Thai Minister of Finance has revoked Zipmex’s digital asset exchange and broker licenses effective May 28, 2024. This decision, which followed the Thai SEC…
Britain’s public healthcare chief flags rise in crypto trading addiction
NHS boss Amanda Pritchard called for action, saying specialist clinics are seeing a rise in young people with crypto trading addictions.
Crypto Analyst Predicts Cardano Price Will Rally 370% To $2, Here’s The Timeline
Cardano is one of the cryptocurrencies that continues to see bullish expectations from crypto analysts. One crypto analyst, in particular, who gets by @Av_Sebastian on X (formerly Twitter), believes that the Cardano price can rise as high as $2…
Donald Trump Pledges to Champion Bitcoin Mining in Historic Meeting With Industry Leaders
Is The Crypto Surge Over? Bitcoin Stalls At $72,000 As Investor Enthusiasm Wanes
Asia’s Gold Rush: Investors Seek Safe Haven Amid Economic Uncertainty
Demand for gold in Asia is surging despite high prices, as buyers seek a hedge against geopolitical and economic uncertainty. In Japan, there is currently a strong bullish sentiment on gold. Chinese investors, facing currency devaluation, real…
Why Is Bitcoin Stagnant Despite ETF Inflows? Report Answers
Glassnode has discussed in a new report the reasons behind Bitcoin moving sideways despite inflows into the spot exchange-traded funds (ETFs). Why Bitcoin Has Been Stagnant Despite Spot ETF Inflows In its latest weekly report, the analytics firm…
Bitcoin miners rise 10% after Trump promises to back US miners
The biggest winners on June 12 were TeraWulf, Hut 8 Mining and Core Scientific.
Trump vs Biden: Riot’s Morgenstern Highlights Stark Contrast in Crypto Policies
Famous Analyst Dave The Wave Says Bitcoin Still Has Wiggle Room, Sets $300,000 Target
Prominent crypto analyst Dave the Wave has provided a bullish narrative for Bitcoin despite the flagship crypto’s recent setback. As part of his analysis, he suggested how high Bitcoin could rise in the short and long term. Bitcoin To Rise To As…
TON is paving a path to the future for crypto
TON's integration with Telegram has made it easier for users to use crypto to pay for goods and services — without realizing it involves blockchain.
World’s Largest Bank ICBC Sees Bitcoin as Digital Gold — Calls Ethereum ‘Digital Oil’
Blockchain thriving among Fortune 500 companies, but US lags — Coinbase
Coinbase’s fourth annual corporate adoption report found that Fortune 500 companies and small businesses are adopting blockchain technology.
Optimism Activates Fault-Proofs On Mainnet, OP Is Down 55% In 3 Months
In a major milestone for Ethereum and layer-2s, Optimism, a layer-2 scaling platform for the second most valuable network, has announced the activation of open source and permissionless fault proofs. Even though the platform manages over $7 billion…
Bitwise Analysis: AI and Crypto Fusion Poised to Elevate Global Economy by $20 Trillion
Bitwise’s Senior Crypto Research Analyst, Juan Leon, predicts a transformative impact on the global economy as artificial intelligence (AI) and cryptocurrency converge, potentially adding $20 trillion to the global Gross Domestic Product…
Trump's Appeal to Bitcoin Miners Is a Wakeup Call for Crypto to Stay Apolitical
It may seem like the industry is finally getting the political support it needs. But proceed with caution.
LFG Learnings Report: Digital Asset Computing Is an Economically Viable Approach to Reducing Landfill Methane Emissions
AbstractIn this study, we reveal that it is not only feasible but economically viable and environmentally beneficial to use landfill gas (LFG) for digital asset compute (e.g., Bitcoin mining). To support this theory, Marathon partnered with Nodal…