Bitcoin price started a decent increase above the $26,500 zone against the US Dollar. The price is now trading above $26,850 and the 55 simple moving average (4 hours). There is a connecting bullish trend line forming with support near $26,880 on the 4-hour chart of the BTC/USD pair (data feed from Coinbase). The pair […]
Cosmos releases 2024 roadmap; ATOM reacts
Cosmos recently posted its 2024 roadmap, highlighting its plans for the coming year. Concurrently, ATOM’s price action turns bullish.
Ethereum Price Lacks Momentum Above $1,660, ETH Holders Are Safe: Here’s Why
Ethereum price is still struggling to gain pace above $1,670 and $1,680 against the US Dollar. ETH must stay above $1,620 to start another increase. Ethereum struggled to clear the $1,660 resistance. The price is trading above $1,635 and the 100-hourly Simple Moving Average. There is a key contracting triangle forming with resistance near $1,650 […]
NGMI (Not Gonna Make It): A Comprehensive Overview
“NGMI” is a term used in the cryptocurrency community to describe individuals or projects considered unlikely to succeed due to hasty or uninformed choices. It serves as a warning label, mockery, and a reflection of market sentiments. The term is often used during market downturns to signal projects that the community believes won’t recover. However, […]
Grayscale CEO Highlights US Opportunity To Lead Crypto Space Through Regulation
The chief executive of Grayscale, a leading digital asset management firm, believes that the United States has a significant opportunity to dominate the cryptocurrency space by shaping effective regulations. In a recent interview with Yahoo Finance, Grayscale CEO Michael Sonnenshein expressed optimism about the progress made in the past year and highlighted the bipartisan support […]
Thailand’s Kasikornbank launches $100M fund for Web3, AI projects
Kasikornbank launches $100 million KXVC fund, targeting AI and Web3 projects, with plans to support startups expanding into the APAC region and foster Southeast Asia’s Web3 ecosystem. […] Read More… The post Thailand’s Kasikornbank launches $100M fund for Web3, AI projects appeared first on CoinGeek.
German Watchdog Exec Predicts More Crypto Crashes, Calls For Regulations
Rupert Schaefer, an executive at Germany’s financial regulatory authority, emphasized the need for crypto regulations while cautioning that FTX won’t be the final crypto exchange to collapse. “The insolvency of the crypto exchange FTX has shown how significant deficiencies in the onboard system can have an impact,” the statement declared. Schaefer: Germany Needs Crypto Regulations […]
Bitcoin Price Close Above $27,500 Could Spark Larger Degree Rally
Bitcoin price is eyeing a key upside break above the $27,500 resistance. BTC could rally further toward $28,200 if there is a close above $27,500. Bitcoin is showing positive signs and facing hurdles near $27,500. The price is trading above $26,850 and the 100 hourly Simple moving average. There is a major bullish trend line […]
Worldcoin helps Optimism’s burden, drives transaction milestone
Worldcoin’s new update allows it to slash its fee expenditures and reduce the load on Optimism by two-thirds. But there’s a strange factor driving the resolution.
Grayscale applies for new Ethereum futures ETF
Grayscale has submitted a filing for a new Ethereum futures exchange-traded fund (ETF), the Wall Street Journal said on Sept. 19. According to that report, Grayscale submitted its filing under the Securities Act of 1933. The filing is distinct from Grayscale’s previous attempts at an Ethereum futures ETF, which it submitted under the Investment Company […]