Bitcoin price has surged by almost 8% in recent trading sessions, breaking through multiple resistance levels along the way. Currently, BTC is consolidating its gains and may see a correction in the short term, potentially dropping back down to around $65,000. The recent surge in Bitcoin’s price began with a break above the $63,500 resistance
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Recently, two South Korean police officers have found themselves in the middle of an alleged bribery scandal surrounding a high-profile crypto fraud case. The trial, which began on May 14 at the Gwangju District Court’s Criminal Division, involves a 59-year-old superintendent police officer referred to as “A” and a 57-year-old police lieutenant identified as “B.”
When it comes to the future of XRP price, crypto analysts seem to be divided in their predictions. While some have set unrealistic price targets, others like Alan Santana have taken a more conservative approach. Santana recently shared his 6-month prediction for the XRP price on the TradingView website, highlighting his analysis on the altcoin’s
The recent rise of Bitcoin above $69,000, hitting a new all-time high of $73,000 in 2024, caught many in the crypto community off guard. However, one analyst, BitQuant, had accurately forecasted this surge back in 2023. Not only did he predict the previous all-time high, but he has now unveiled a new prediction for the
As Dogecoin enthusiasts shift their focus to a new VR ICO called 5thScape, the potential for 10x returns has caught the attention of many investors. While Dogecoin has seen a 7% jump, reaching the upper $0.15s, the upcoming launch of 5thScape has sparked excitement in the cryptocurrency community. Dogecoin’s Current Position With Dogecoin currently trading
US lawmaker Wiley Nickel has taken a stand against the Securities and Exchange Commission’s Staff Accounting Bulletin 121 (SAB 121), calling for its repeal. This regulation mandates that financial institutions holding crypto assets must include them on their balance sheets. While some argue that this rule stifles the growth of the crypto sector, President Joe
Huobi Global (HGBL) Hong Kong Limited recently made the decision to pull its application for a cryptocurrency trading license from Hong Kong’s Securities and Futures Commission (SFC). This marks the second time that Huobi HK has withdrawn its application, raising significant questions about the company’s future in the region. The withdrawal came just two months
In a recent interview with Yahoo Finance’s “Wealth,” Ric Edelman, founder of the Digital Assets Council of Financial Professionals and the asset manager of $291 billion Edelman Financial Services, discussed his bold prediction for the future price of Bitcoin. According to Edelman, Bitcoin’s price could potentially surge to $420,000, driven by a global shift towards
The BNB price is currently displaying bearish signals as it struggles to surpass the $600 threshold. In order to shift towards a bullish trend, the price must establish itself above the $575 and $585 resistance levels. Following an unsuccessful attempt to breach the $600 resistance zone, the BNB price has experienced a fresh downtrend. Presently,
In a groundbreaking move, the state of Oklahoma has taken a significant step towards protecting the rights of individuals engaging in cryptocurrency-related activities. Governor Kevin Stitt recently approved HB 3594, a bill that ensures the freedom to use and hold crypto assets without interference from the state government. This bill is set to come into