Bitcoin price has recently shown signs of recovery, breaking above the $60,000 resistance zone. However, the cryptocurrency is facing hurdles in clearing the $61,200 and $61,500 resistance levels. This indicates a crucial point in the market as investors are closely monitoring if BTC will be able to surpass these barriers. Technical Indicators The hourly MACD
In response to a $235 million hack, Indian crypto exchange WazirX has made the decision to terminate its asset custody arrangement with Liminal. This move comes after the breach and aims to improve the security of the remaining assets by transferring them to new multi-signature wallets. The exchange emphasized the need for maximum security in
The recent decrease in Bitcoin’s price has raised concerns among investors, with some speculating that the cryptocurrency may never return to its previous highs. However, one analyst believes that a drop back to $20,000 is inevitable, despite not predicting when this crash will occur. Without Worries, a crypto analyst, has highlighted the potential for Bitcoin
Ethereum has recently experienced a steady increase in price, surpassing the $2,650 resistance level. This surge in value has positioned Ethereum ahead of Bitcoin and has investors speculating on the potential for an even greater rally towards the $3,000 resistance zone. Upon analyzing the hourly chart of ETH/USD, it is evident that Ethereum has initiated
Binance, one of the world’s largest cryptocurrency exchanges, has recently faced regulatory scrutiny in Brazil. The Comissão de Valores Mobiliários (CVM), Brazil’s securities regulator, conducted a year-long investigation into Binance’s activities in the country. The investigation unveiled allegations of unlicensed derivatives trading, prompting the CVM to take action against the exchange. Despite warnings and orders
Recently, a crypto analyst shared an optimistic outlook for XRP, the native token of the XRP Ledger, predicting a potential rally of up to 10,400% with a price target of $60. The analyst expressed bullish optimism about XRP’s future price, indicating that the cryptocurrency could be on the verge of a significant breakout. This anticipated
As discussions between the White House and industry leaders heat up, there is a growing expectation for the Biden administration to release a crypto regulation roadmap. Pro-Bitcoin Democrat House Representative Ro Khanna anticipates that this roadmap will be unveiled “in the coming weeks.” The aim is to provide clear guidelines for companies to stay compliant
Peter Brandt, a veteran crypto analyst, recently brought attention to an inverted or expanding triangle pattern in Bitcoin (BTC) through his classical charting principles. He shared a price chart illustrating Bitcoin’s price movements, highlighting a unique pattern on August 12. The pattern features two descending trend lines that are diverging from one another, indicating a
Aayush Jindal, a prominent figure in the financial markets, has made a name for himself with over 15 years of experience in Forex and cryptocurrency trading. His reputation as a skilled technical analyst and market expert has garnered him a global following, as he guides investors through the complexities of modern finance with his insightful
Bitcoin continues to be a hot topic in the cryptocurrency world, with analysts constantly sharing their predictions on the future price movements of the pioneer cryptocurrency. A recent forecast by a crypto analyst known as ‘Sensei’ has caught the attention of many investors, as he boldly predicts that Bitcoin could reach a staggering $72,000 in