The current price of Bitcoin is facing significant resistance at the $70,000 level. Despite making attempts to break above $69,500 and $70,000, the price has failed to sustain these levels. The recent high was formed at $69,981 before a downwards correction occurred. The price is currently trading above $68,000 and the 100-hourly Simple Moving Average,
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Cryptocurrency trader KALEO, alongside two other esteemed analysts, has recently made a daring assertion regarding Dogecoin’s potential to reach $1. Unlike previous speculations, they believe that this milestone is not just a far-fetched dream but a realistic possibility within the current market conditions. This bold proclamation has stirred up quite a buzz in the cryptocurrency
The price of bitcoin has seen a remarkable surge, breaking past the $70,000 mark and igniting a fresh wave of enthusiasm among investors. The cryptocurrency has experienced a steady climb throughout the week, with a sustained 12% rally. This growth has been supported by the introduction of spot bitcoin exchange-traded funds (ETFs) in the United
Despite Bitcoin recently reaching an all-time high of over $70,000, crypto analyst Michaël van de Poppe believes that there is still more room for significant moves to the upside. He mentioned in a social media post that Bitcoin was still “heavily undervalued” despite hitting a new ATH, indicating that the value is potentially much higher
Wyoming has taken a progressive step towards recognizing blockchain-based decentralized autonomous organizations (DAOs) as legal entities. The recently passed bill, known as the Decentralized Unincorporated Nonprofit Association Act (DUNA), signifies a significant development in the regulatory landscape for DAOs. This legislation allows eligible nonprofit organizations to establish governance systems utilizing distributed ledger technology (DLT), such
The cryptocurrency market has been buzzing with excitement as investors continue to seek out the next big opportunity for significant returns on investment. One such coin that has been garnering attention is Sponge (SPONGE), a viral new ICO that has caught the eye of many dogwifhat (WIF) investors. With the incredible run-up of dogwifhat reaching
The XRP price has recently climbed above the significant $0.6 psychological level, showcasing a bullish trend amidst the overall surge in the crypto market over the past month. This surge has prompted various crypto analysts to make predictions about the future price movements of XRP, with some envisioning substantial gains for the digital asset in
Worldcoin developer Tools for Humanity recently filed a lawsuit against Spain appealing the country’s ban on its data collection and usage. The developers argue that Spain’s regulators bypassed the standard process for EU GDPR rules, leading them to take legal action. Despite claims from Spanish regulators, the developers maintain that they are fully compliant with
On March 7, Goldman Sachs made a significant move by adjusting its bearish stance on Coinbase and upgrading COIN’s stock position from sell to neutral. This change came following the recent uptrend in the price of bitcoin, which reached a new all-time high of $69,225.37 on Wednesday. The investment firm responded to this price rally
In a recent report on March 7, U.S. Senators Cynthia Lummis and Kirsten Gillibrand are getting ready to announce a stablecoin regulation bill. The bill has received positive feedback from key stakeholders, including the Treasury and the New York Department of Financial Services. Senator Lummis, known for her pro-Bitcoin stance, has emphasized the need for