Several crypto analysts have been making bold predictions regarding the future price of Bitcoin, with one analyst, CryptoCon, pointing out a technical indicator that has accurately predicted local highs for Bitcoin in the current bull run. According to CryptoCon, Bitcoin is poised to reach $100,000 and potentially even $109,000 by the end of the year.
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Coinbase, a leading cryptocurrency exchange, has taken a strong stance against the US Securities and Exchange Commission’s (SEC) proposal to broaden the definition of “exchange” to include decentralized exchanges (DEXs). The company’s Chief Legal Officer, Paul Grewal, argued in a letter to SEC Secretary Vanessa A. Countryman that the proposed rule is deeply flawed and
The Ethereum price has started a steady increase above the $2,550 resistance level, showing signs of beating Bitcoin in the market. It may even have the potential to clear the $2,750 resistance zone in the near future. The hourly MACD for ETH/USD is losing momentum in the bullish zone, while the RSI is now above
Aayush Jindal, a well-respected figure in the world of financial markets, boasts an impressive track record of over 15 years in Forex and cryptocurrency trading. His reputation precedes him as a trusted advisor and senior market expert, offering invaluable insights and expert analysis to investors globally. From a young age, Aayush demonstrated a natural talent
Bitcoin price recently witnessed a downside correction after facing resistance at the $62,700 zone. The cryptocurrency is currently consolidating near $58,500 and is finding it challenging to recover from the dip. This correction has led BTC to trade below the $60,000 mark and the 100 hourly Simple Moving Average (SMA). The decline in Bitcoin’s price
In the first five days of August, Dogecoin experienced a significant decline, dropping by 38% from $0.1348 to a low of $0.0831. This downturn was part of a broader market sell-off that affected many cryptocurrencies, including DOGE. Despite the initial drop, Dogecoin has shown resilience and strength in the face of market challenges. Over the
The recent discussion by crypto analyst Benjamin Cowen on the death cross indicator has shed light on Bitcoin’s vulnerability to a potential price decline. The appearance of the death cross on Bitcoin’s chart has made the $62,000 price level crucial for the flagship cryptocurrency to avoid another price crash. Cowen highlighted in a video on
Semilore Faleti is not just a cryptocurrency writer, but a specialist in the field of journalism and content creation. His journey began with writing on various subjects, but it was his ability to unravel the complexities of blockchains and cryptocurrency that truly set him apart. Semilore is fascinated by the efficiency of digital assets and
The recent judgment by Judge Analisa Torres in the long-standing legal battle between the US Securities and Exchange Commission (SEC) and Ripple has generated a wave of optimism among crypto analysts regarding the future of XRP’s price. CrediBULL Crypto, a prominent analyst, believes that the stage is set for an “inevitable mega run for XRP”
The ongoing legal battle between Ripple and the US Securities and Exchange Commission (SEC) has taken a significant step forward in court, potentially signaling the impending conclusion of the case and a notable uptick for XRP. This development has reignited interest in XRP, Ripple’s native cryptocurrency, leading to increased activity across the cryptocurrency industry. On-chain