Cryptocurrency - news

In a compelling forecast for Bitcoin, Ali Martinez, a well-known cryptocurrency expert and trader, has pointed out a possible development that could propel the crypto asset’s price to the $86,000 threshold in the foreseeable future. Bitcoin Movement Determined By Key Levels The analyst’s positive perspective highlights the possibility of a large upward shift in the price trend of Bitcoin, igniting interest and speculation in the cryptocurrency space.  Ali Martinez’s analysis primarily focuses on several key support and resistance levels, of which a break out from these levels will determine the future trajectory of Bitcoin.  Related Reading: Are The Odds In Bitcoin Bulls Favor? These Analysts Forecast BTC’s Future According to the expert, it appears the digital asset has been gathering momentum in a parallel channel. As a result, the $61,000 mark becomes the most significant support level, while the $72,400 mark becomes the most crucial resistance level. Martinez affirms that Bitcoin [...]

A breakdown of Taproot Wizard's recent CatVM proposal, what it actually is, and what it could be useful for.

As the community prepares for the much-anticipated fourth halving set for April 19, 2024, the buzz around Bitcoin-based projects is reaching a fever pitch. Crypto influencer Leshka.eth, with a following of over 128,500 on X (formerly Twitter), has identified a set of altcoins under the Bitcoin financial ecosystem (BTCfi) that could see significant gains post-halving. Crypto Analyst Shares His Top-10 BTCfi Altcoins Leshka.eth told his 128,500 followers on X (formerly Twitter) about the potential of various projects in the BTCfi landscape. He remarked, “The countdown to BTC halving ends in 2 days. If you missed 1,000x on BRC20 and Ordinals, if you missed 800x on STAMP, check out my watchlist of BTCfi altcoins poised to surge because of the halving.” Here’s a breakdown of the top altcoins Leshka.eth believes could benefit from the upcoming Bitcoin halving: 1. Hulvin (HULVIN): This project is touted as the first halving-themed memecoin with the slogan “Make Halving Great Again.” Initially [...]

Hong Kong's hotly anticipated spot bitcoin ETFs are expected to launch by end of April, potentially yielding up to $25 billion in capital inflows according to industry analysts.

We take a big step forward in our mission to accelerate crypto adoption with the release of Kraken Wallet, a self-custodial wallet that anyone can use to go onchain. Simple, secure and powerful, Kraken Wallet empowers you to discover the decentralized world and manage your digital assets with ease. The post Simple, secure, powerful: Introducing Kraken Wallet appeared first on Kraken Blog.

Crypto analyst Crypto Banter has provided insights on whether or not it is the right time to buy altcoins. Specifically, the analyst had reservations about the idea that it was best to buy altcoins that showed quick recovery after a market decline like the one experienced over the weekend. Not The Best Time To Buy Altcoins In a live video on his YouTube channel, Crypto Banter warned crypto investors against “sheepishly” buying altcoins, especially crypto tokens that recovered quickly after the flush. He claimed that anyone who buys these tokens might fall into a “classic trap.” To avoid this trap, he advised that it might be best not to buy these altcoins now despite their impressive recovery so far.  Related Reading: XRP Price Set For 3,000% Rally To $22, Analyst Predicts Crypto Banter made these statements based on his belief that the bearish sentiment isn’t over and that there will still be a lot of “tensions” in the market.  Therefore, he noted that the best strategy to deploy in [...]

Bitcoin fell below $60,000 amid fears of global conflict. Analyst Dylan LeClair unpacks whether this represents a true shift in momentum, or simply a bull market correction as bitcoin moves higher.

As bitcoin’s price action shows signs of continued bearishness, the digital currency’s trading volume and market capitalization suggest a volatile but keenly watched market. Bitcoin Bitcoin’s (BTC) current trading price of $62,891 to $63,075 per unit underscores a market grappling with uncertainty, reflected in an intraday trading range between $61,773 and $64,414 over the last […]

PRESS RELEASE. Geneva, Switzerland, April 17, 2024 – The Harvard Blockchain Conference, a premier gathering hosted by the Harvard Blockchain Club, showcased the TRON DAO as a Platinum Sponsor, the highest tier for the Harvard Blockchain Conference. The official conference saw a packed crowd of attendees featuring a variety of students, thought leaders, and blockchain […]

The chairman of the Australian Securities and Investments Commission (ASIC) has said his organization views cryptocurrency as a debenture hence it falls under regulatory purview. The ASIC chairman also argued that many cryptocurrency investors are unaware of what they are getting into. Crypto Falls Under the ASIC Regulatory Oversight Joe Longo, chairman of the Australian […]

In his latest technical analysis, Christopher Inks, a recognized figure in the field of crypto analysis, points to the possible formation of a bullish Adam and Eve double bottom pattern for Bitcoin. This formation is spotted on the BTC/USD 1-hour chart and has significant implications for the cryptocurrency’s short-term price action. The chart depicts Bitcoin’s price movement with a distinct pattern that resembles two troughs with a peak in between. The first trough, known as the “Adam,” is characterized by a sharp, V-shaped bottom, indicating a rapid price decline and equally swift rebound. This is followed by a more rounded, gradual, and wider “Eve” trough, suggesting a slower and more deliberate price recovery. Bitcoin Targets Its All-Time High In this analysis, the price level to watch is marked by a horizontal yellow line, which Inks suggests is the neckline of the pattern. A breakout and close above this neckline would confirm the pattern, signaling a potential bullish reversal. [...]

The Financial Markets Authority (FMA) of New Zealand has been actively combating fraudulent activity and scams in the country's financial markets. In a series of recent actions, the regulator has taken steps to protect consumers and maintain market integrity by cancelling one crowdfunding services license and issuing a warning against a cryptocurrency company.FMA Cracks Down on Fraudulent Activity and ScamsAccording to the update on Wednesday, the FMA cancelled the crowdfunding services license of Equitise Pty Ltd, an equity crowdfunding service provider licensed since 2014. The cancellation followed Equitise's significant breach of certain market services licensee obligations and its failure to meet statutory requirements.The company failed to provide its financial reporting and agreed upon procedures reporting, and was deregistered from the Financial Service Providers Register (FSPR) for failing to file its annual confirmation within the required timeframe."Cancelling a provider's [...]

As the cryptocurrency market experiences heightened volatility, one digital asset, in particular, finds itself under the microscope: Cardano (ADA). At the time of writing, ADA was trading at $0.45, down 1.8% and 21.9% in daily and weekly timeframes, data from Coingecko shows. With prices fluctuating and investors on edge, analysts are closely scrutinizing ADA’s movements for signs of stability or further turbulence. Related Reading: CEO Throws Cold Water On May Ethereum ETF Approval – Impact On Price Analysis Points To Critical Crossroads For Cardano Recent analysis conducted by Trend Rider, a respected voice in the crypto community, suggests that Cardano’s price has reached a pivotal moment. The digital asset stands at a critical juncture, with its price hovering precariously near a key support zone. Should ADA breach this support level, analysts warn of a potential plunge to $0.25. However, if Cardano manages to hold this level, it could signal the formation of a double bottom, [...]