The price of Bitcoin has been on a massive bullish momentum since the approval and launch of Spot Bitcoin ETFs. However, a crypto analyst, Jason Pizzino, predicts a temporary halt in the growing trajectory, citing Bitcoin’s proximity to a crucial resistance point that could result in a significant price drop. In a recent YouTube video
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India recently implemented an IP block that restricts access to global crypto exchanges like Binance, KuCoin, and OKX. The Ministry of Electronics and Information Technology requested Apple to limit Indians’ access to foreign exchange applications, citing concerns over money laundering. However, even with these restrictions in place, some users were still able to access certain
Shiba Inu (SHIB) has experienced a significant dip recently, causing concern among investors. However, on-chain data reveals that a group of influential Shiba Inu whales has taken advantage of this downturn by accumulating a massive 2.39 trillion SHIB tokens. These whales, characterized by their large SHIB holdings, have been transferring their tokens to cold storage,
Ethereum (ETH) has experienced a negative price movement, declining by over 2% in the past 24 hours, according to data from CoinMarketCap. This drop comes after a significant price boost, in which the altcoin gained over 19% following the news of the approval of a Bitcoin spot ETF in the US. Notably, popular crypto analyst
Crypto expert Anthony Sassano has recently presented a bullish narrative for the Ethereum ecosystem, suggesting that the world’s second-largest cryptocurrency could reach new all-time highs (ATH) this year. According to Sassano, if the Ethereum Spot ETF hype were to surpass expectations, ETH could potentially soar to $10,000. Considering the anticipation surrounding the approval of these
In the world of cryptocurrency, meme coins have become a popular investment choice due to their viral potential and potential for exponential gains. One such meme coin, Poldo Token, recently experienced a jaw-dropping price explosion of over 35,000% overnight. However, as the dust settles, red flags are starting to emerge, raising concerns about the sustainability
South Korea’s Financial Services Commission (FSC) has expressed concerns over domestic securities firms that broker overseas-listed Bitcoin spot exchange-traded funds (ETFs). The FSC warns that these brokerage services may be in violation of local laws, including the Virtual Asset User Protection Act and the Capital Markets Act. This article delves into the regulatory landscape surrounding
Crypto enthusiasts now have more reasons to be optimistic as Samson Mow, former CSO at Blockstream and a prominent figurehead in the crypto community, has made an audacious prediction for Bitcoin. Mow envisions a colossal price surge that he has aptly named the “Omega Candle,” which he believes will culminate in a staggering milestone of
Ethereum, the second-largest cryptocurrency by market capitalization, has witnessed a significant surge in its price, surpassing the crucial resistance level of $2,600. The digital asset has outperformed Bitcoin and is currently holding its gains above the support zone at $2,580. Ethereum’s price rally is supported by its positive momentum, as it continues to trade above
Bitcoin, the world’s largest cryptocurrency, has witnessed another surge in its price, breaking through several key resistance levels. However, despite the bullish momentum, it faces crucial challenges that could determine its future trajectory. This article analyzes the recent price movements and explores the potential outcomes for Bitcoin in the near term. Bitcoin started its latest