Legendary trader Raoul Pal took to X to explain the factors he believes are the most important chart in the macro market that crypto traders also need to take note of. Debt And Devaluation Encourages Crypto Use Pal identified some shortcomings on a macro scale of the United States market, citing that the aging population […]
Crypto-Friendly Candidate Claims Victory in Indonesia’s VP Race
The pro-crypto candidate Gibran Rakabuming Raka, backed by presidential candidate Prabowo Subianto, won by a majority in the previous election. The win by the duo is a turning point for the country’s emerging digital economy that will open new frontiers for the youth to look forward to blockchain and cryptocurrency opportunities. Crypto-Friendly Candidate wins The […]
Ethereum Price Analysis: Will ETF Uncertainty Push $ETH Below $2700?
Ethereum Price Analysis: Ethereum, the second-largest cryptocurrency by market cap is up $0.82 to trade at $2935 currently. This uptick signals another reversal from the support region around $2875-$2850, projecting a fourth reversal within a month. This active demand zone has prevented a prolonged correction in Ethereum and shifted the price trend sideways. How far […]
XRP Whale’s 47 Mln Selloff Sparks Speculations As Price Jumps Past $0.55
XRP, a Ripple-backed token that positions itself as one of the top 6 cryptocurrencies by global market cap, birthed a hurricane of speculative buzz today following the jotting down of two significant whale transfers within the broader crypto market amid XRP’s price pump. As per insights unveiled by the blockchain tracking platform Whale Alert, today’s […]
XRP Lawyer Reacts To South Korea’s Infinite Block Joining As XRPL Validator
Pro-XRP lawyer Bill Morgan responded to the recent announcement of Infinite Block, a Korean virtual asset service provider, joining as a validator in the XRP Ledger (XRPL). Moreover, he emphasized the significance of this development within the XRPL ecosystem. Morgan, known for his advocacy of Ripple and XRP-related initiatives, expressed his views on the matter. […]
Top Analyst Warns Bitcoin Correction For Next Four Days, Here’s Why
The recent surge in Bitcoin’s price of over $52,000 has ignited excitement among crypto enthusiasts worldwide. However, amid this optimism, a prominent analyst’s cautionary signal has sparked concerns over a potential correction in BTC price. Notably, despite the bullish momentum indicated by Bitcoin Futures Open Interest, the warning raises questions about the stability of the […]
Bitfinex Parent Partners El Salvador To Model Crypto Laws, Debuts $6.25M Asset Venture
iFinex, the parent company of Bitfinex, recently announced a groundbreaking partnership with the Salvadoran government aimed at shaping the regulatory landscape for cryptocurrencies in the country. Additionally, Bitfinex Securities has initiated a token bond issuance project for the construction of a new Hilton Hampton Hotel at the El Salvador International Airport with a fundraising target […]
4 Altcoins To Buy For 2024 Bull Run As Token Unlocks Beckon
The digital currency landscape brims with potential as the 2024 horizon approaches, highlighting Four altcoins set for substantial growth. Immutable (IMX), Dymension (DYM), Ethereum Name Service (ENS), and Sui (SUI) stand out, offering promising developments and investment opportunities. The strategic unlocking of tokens for each platform signals a pivotal moment for investors, potentially influencing their […]
Dogecoin (DOGE) Joins GameStop-Induced Rally With 10% Surge
Something intriguing is triggering the stock and crypto market today and Dogecoin (DOGE) is at the receiving end. The iconic meme stock from 2021, GameStop has resurfaced with over 60% within a few hours. This uptrend has sent stocks and memecoins on an unprecedented rally across the board. Dogecoin In a Vantage Position Entering into […]
Grayscale Investments Files For Privacy ETF With Emphasis on ZCash
Asset management firm Grayscale Investments is looking to expand its offering to include privacy-centered ETFs and as such, it is now seeking approval for a new application filed with the United States Securities and Exchange Commission (SEC). Grayscale’s Privacy-Focused ETF Awaiting SEC Greenlight Amidst the growing outflows on Grayscale’s Bitcoin Trust (GBTC), the firm is […]