Cryptocurrency - news
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 10.12.2024 22:30 Following an earlier prediction of the Bitcoin flash crash to $94,000, a crypto analyst has set a new target for the pioneer cryptocurrency. The analyst anticipates another major decline in the Bitcoin price before it hits a new all-time high. $130,000 Target In Sight After Bitcoin Flash Crash The broader crypto market has undergone a significant correction sparked by the recent Bitcoin flash crash. In the past week, the price of Bitcoin lost $3,000 in less than 30 minutes, dropping from $97,000 to $94,000 before quickly rebounding back above $97,000. This unexpected flash crash triggered widespread liquidations, with more than $1.5 billion in long and short positions wiped out as traders scrambled to mitigate losses. Related Reading: Dogecoin Price Prediction: Here’s What The 91-Day Pattern Says Could Happen Next With Bitcoin currently showing signs of momentum, analysts have voiced expectations of a future price rally. Notably, a TradingView crypto analyst, identified as [...] newsbtc.com |
 10.12.2024 22:22 President Javier Milei has replaced the leadership of the country’s revenue agency following the introduction of a new tax regime targeting digital creators. cointelegraph.com |
 10.12.2024 21:54 The announcement’s timing is noteworthy, with the 2024 US presidential race having finished a month prior. cointelegraph.com |
| 10.12.2024 21:45 A Russian lawmaker recently called on the Russian
Finance Minister to explore the feasibility of creating a strategic Bitcoin
reserve. This idea aims to provide an alternative financial safeguard amidst
the growing pressures of international sanctions, inflation, and currency
volatility.Economic SecurityRussia’s financial system has faced increasing stress,
particularly in the wake of Western sanctions that have limited access to
global payment systems. In response, Anton Tkachev, a deputy from the New
People party, suggested that the country might benefit from a reserve of
Bitcoin, which he believes could serve as a reliable store of value, unaffected
by geopolitical disruptions, local news agency Ria reported. This strategic reserve would mirror state reserves in
traditional currencies like the U.S. dollar, euro, and Chinese yuan, which are
subject to market fluctuations and external sanctions.Tkachev emphasized the challenges that traditional
currencies pose under current global [...] financemagnates.com |
 10.12.2024 21:45 The Indian government blocked access to the popular cryptocurrency exchange Gate.io on 10 December 2024..
The post Gate.io Banned In India, Users Unable To Access Funds appeared first on 99Bitcoins. 99bitcoins.com |
 10.12.2024 21:36 The Ripple CEO said the RLUSD listing would “be live soon” on exchanges after the New York Department of Financial Services approved the stablecoin. cointelegraph.com |
 10.12.2024 21:36 The increases partly reflect a “HODL premium” akin to MicroStrategy’s, the analysts said. cointelegraph.com |
| 10.12.2024 21:05 In a recent interview on the Tucker Carlson Network, Tucker Carlson explored Roger Ver’s perspective on his ongoing legal battle with the U.S. government. Roger Ver Speaks Out on Facing 109 Years in Prison Known for his early investments in bitcoin (BTC) and his libertarian advocacy, Bitcoin.com founder Roger Ver faces potential extradition to the […] bitcoin.com |
| 10.12.2024 21:00 The crypto market has seen the largest leverage flush out since April 2021 yesterday, December 9, as reported earlier today. Amidst the market shakeout, Dogecoin (DOGE) is one of the altcoins which is displaying significant signs of strength. In a post on X, crypto analyst CRG (@MacroCRG) argues that the DOGE price is showing “incredible” signs of resilience compared to the broader altcoin market. Here’s Why Dogecoin Looks ‘Incredible’ Despite the market downturn, Dogecoin managed to maintain the most crucial support level. CRG shared the below chart and commented, “DOGE looks incredible. Whole market shat itself but it barely flinched + didn’t break structure. Now funding has completely reset and a ton of OI has been washed out. Won’t be long until this is trending hard again IMO.” The chart reveals several critical insights that support his optimistic outlook for DOGE. Firstly, Dogecoin maintained a crucial uptrend line in the 4-hour chart (DOGE/USDT). This trend line has acted as a [...] newsbtc.com |
 10.12.2024 20:34 The Cedar Innovation Foundation launched an attack ad ahead of a congressional committee vote on Caroline Crenshaw’s renomination as an SEC commissioner. cointelegraph.com |
| 10.12.2024 20:30 According to Cloudflare’s 2024 web traffic report, Binance is the most visited cryptocurrency platform. Binance Attracted the Most Web Visits in Crypto for 2024 Binance solidified its position as a dominant force in the digital assets ecosystem in 2024. According to Cloudflare’s latest report, Binance not only retained its title as the most visited cryptocurrency […] bitcoin.com |
| 10.12.2024 20:07 While the broader crypto market faces falling prices,
a newly launched token dubbed MOVE captured the attention of digital asset traders with an
explosive 84% price surge within its first 24 hours. The crypto, utilizing a unique Move programming language initially
designed by Facebook, has emerged as a promising player in Ethereum’s
Layer-2 scaling space. Despite a slow start after launch, MOVE quickly
recovered to hit an all-time high of $1.45. But as excitement over a massive
airdrop drives adoption, questions loom about whether this momentum is
sustainable.Defying Bear MarketMOVE has partly been boosted by the airdrop that
allocated 2% of its total supply, 20 million tokens, to early adopters. This
was combined with immediate listings on leading exchanges like Binance, Upbit,
and OKX.The token is part of the Movement Network, a Layer-2
Ethereum solution that utilizes the Move Virtual Machine. This technology reportedly enables rapid transaction finality, making it a standout among [...] financemagnates.com |
 10.12.2024 20:03 $2.9 billion in Bitcoin liquidations happened in December, but the flush out is preparing BTC for new highs. cointelegraph.com |
| 10.12.2024 19:30 Solana (SOL) is holding firm at a critical $209 support level, as the recent bearish surge has failed to break below this level. After recent price fluctuations, SOL’s ability to hold steady at this key zone has sparked speculation that a rebound might be on the horizon. With market dynamics shifting and technical indicators offering mixed signals, the question remains: will the bulls take charge and propel SOL upward, or will further decline occur? Bearish Pressure Eases: Can The Solana Bulls Step In? Solana has experienced a notable reaction at the $209 support level, a zone that has proven critical in maintaining its bullish structure. After testing this key level, the price has shown early signs of a potential rebound, suggesting that bearish pressure is easing and buyers may be regaining control. Related Reading: Solana (SOL) Back on Track: Is The Uptrend Here to Stay? Furthermore, the reaction at $209 has captured the attention of market participants, with many anticipating a [...] newsbtc.com |
 10.12.2024 19:07 Solana-native Raydium beat Uniswap in decentralized exchange trading volumes in October and November, according to Messari. cointelegraph.com |
| 10.12.2024 19:00 PRESS RELEASE. Zug, Switzerland, December 10, 2024 — Auditchain Labs AG, developer of Pacioli.ai, the world’s first RegFi protocol, is excited to announce the integration of USDC payments into Pacioli.ai for the analysis of disclosures filed with over 200 regulators across 65 jurisdictions initially including the United States Securities and Exchange Commission (SEC). This enhancement […] bitcoin.com |
 10.12.2024 18:52 Eric Trump confidently predicts Bitcoin will reach $1 million, emphasizing its scarcity and global potential as early adopters stand to gain the most. bitcoinmagazine.com |
| 10.12.2024 18:30 Microbt, the well-known developer of Whatsminer application-specific integrated circuit (ASIC) bitcoin miners, revealed an exciting trio of new mining machines during the Bitcoin MENA Conference in Abu Dhabi. Microbt Ignites Mining Competition With Advanced Whatsminer Machines The fresh lineup, unveiled in a press release shared with theminermag.com, features the air-cooled M60S++, the hydro-cooled M63S++, and […] bitcoin.com |
 10.12.2024 18:30 A look at how Bitcoin complies with Islamic law regarding finance and money. bitcoinmagazine.com |
 10.12.2024 18:16 The company’s board opposed the resolution, citing Bitcoin’s purported volatility as a negative factor. cointelegraph.com |
 10.12.2024 18:12 Why is Ethereum going down? According to Circle Squared Alternative Investments CEO Jeff Sica, Bitcoin..
The post If Bitcoin is Digital Gold, Is Ethereum Really Digital Silver? appeared first on 99Bitcoins. 99bitcoins.com |
| 10.12.2024 18:00 Solana (SOL) has captured significant attention in the crypto market after a series of volatile days that followed its breakout to a new all-time high on November 22. The asset, known for its speed and scalability, is now testing critical demand levels around $220, a zone that could determine its next move. Related Reading: PEPE Whales Increased Their Holdings By $1.4 Billion Yesterday – Details Renowned investor and trader Carl Runefelt shared a detailed technical analysis on X, highlighting the formation of a massive symmetrical triangle that Solana has been tracking since early November. According to Runefelt, this pattern indicates a period of consolidation before a potentially explosive move. If Solana breaks out of this formation, Runefelt projects a price target of $295, signaling a significant upside for the altcoin. With Solana’s ability to sustain high demand and the broader crypto market showing bullish sentiment, all eyes are on whether SOL can capitalize on this momentum. [...] newsbtc.com |
 10.12.2024 17:59 The Golden Ratio Multiplier, a Bitcoin-specific indicator created by Philip Swift, highlights $100,000 as a critical resistance level. This analysis explores how Fibonacci multiples of the 350-day moving average provide key insights into Bitcoin's price cycles, with $127,000 emerging as the next major target if this barrier is broken. bitcoinmagazine.com |
| 10.12.2024 17:41 The crypto economy experienced a dramatic $1.5 billion in long liquidations, resulting in a 3,000-point drop before finding support at the critical 95,000 level, according to analysts at QCP Capital. Institutional Demand Rises: QCP Questions If Market Can Stay on the Sidelines The leading cryptocurrency, bitcoin (BTC), has since recovered, consolidating in the 97,000 to […] bitcoin.com |
 10.12.2024 17:37 Former Celsius chief revenue officer Roni Cohen-Pavon pleaded guilty to US criminal charges in 2023 and has been allowed to travel to Israel on bail. cointelegraph.com |