THORChain (RUNE) moved above the $1.95 resistance area on October 1, reaching a new yearly high of $2.27 in the process. Before this weekend’s breakout, the resistance area had been in place since the beginning of the year. THORChain Moves Above Range High The RUNE price has increased since bouncing at the $1.45 horizontal support […]
Weekly Market Watch: Bitcoin & Ethereum Showcase Brief Surge Amidst Altcoin Rally
The cryptocurrency market experienced a significant boost in positive sentiment last week, with Bitcoin and Ethereum leading the charge. Bitcoin’s strong performance has also spilled over into the altcoin market, with select altcoins attempting to break through their overhead resistance levels, signaling a potential for a robust recovery. THORChain (RUNE) is at the top of […]
Can Ethereum reclaim $1700 as capital inflows surge?
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. The higher-frame market structure was bullish at press time. A key whale category accumulated in September. Ethereum [ETH] prices are in the crosshairs as the Spot and Future ETH ETFs (Exchange-traded Funds) showdown […]
Comparison Between Bitcoin Spark and Ethereum for the Next Bull Run
Bitcoin Spark (BTCS) and Ethereum are prominent cryptocurrencies standing out as compelling choices for potential investors in 2023. Bitcoin Spark’s innovative mining approach and Ethereum’s technological advancements and market resilience make them interesting options in the 2023 crypto landscape. Bitcoin Spark (BTCS) BTCS stands out as one of the interesting cryptos to watch in 2023 […]
NBG Georgia Shortlists Ripple Among Tech Firms for CBDC Pilot
The National Bank of Georgia progresses with its Digital GEL Pilot Project, focusing on the exploration of Central Bank Digital Currency (CBDC) technology. Nine technology firms, including Ripple Labs, Inc., have been shortlisted for potential collaboration. The initiative mirrors global trends in modernizing financial infrastructures to meet the digital economy’s evolving demands. (Read More)
Solana’s Total Value Locked Hits New High for 2023
With Solana on the rise, the network’s DeFi ecosystem has enjoyed a hefty surge. That could change soon, though.
Forget Bitcoin — AI Could Be the Next Energy Consumption Boogeyman
For years, the mainstream media has demonized Bitcoin over its energy consumption. The rise in artificial intelligence (AI) and the power-hungry processors that drive it may push aside the world’s most popular digital currency. The pivot of Bitcoin mining to renewable power sources may give the network some reprieve over its energy consumption. Moreover, AI […]
Three Arrows Capital Co-founder Su Zhu Arrested
Reading Time: 2 minutesSu Zhu, co-founder of the defunct cryptocurrency hedge fund Three Arrows Capital, was last week arrested in Singapore Zhu has been held for failing to comply with court orders and faces a four-month sentence Three Arrows co-founder Kyle Davies is also sought but cannot be found Su Zhu, co-founder of the defunct […]
Weekend Winners: These 3 Altcoins Led the Market in Price Increase
Solana (SOL), GMX, and Render Token (RNDR) are the weekend’s best altcoin gainers. Solana broke out from a descending wedge, while GMX and RNDR broke out from descending resistance trendlines. The cryptocurrency market experienced a significant increase on Sunday. This was especially notable in these three altcoin gainers. Solana Breaks Out from Bullish Pattern The […]
Former FTX CEO Bankman-Fried considered $5B offer to prevent Donald Trump presidential run
Former FTX CEO Sam Bankman-Fried (SBF) considered paying Donald Trump $5 billion to dissuade him from running for president, according to Michael Lewis, an author writing a book on the disgraced founder. “There was a number that was kicking around. And the number that was kicking around when I was talking to Sam about this […]