Solana price started a downside correction from the $125 zone against the US Dollar. The price is now trading above $105 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $104 on the 4-hour chart of the SOL/USD pair (data feed from Coinbase). The pair must stay above the $104 and $100 support levels to start another increase. Solana price is trading above $100 against the US Dollar, like Bitcoin. SOL is...
Read More »Bitcoin Price Analysis: BTC Rally Could Extend Toward $48K
Bitcoin price started a strong increase above the $44,000 zone against the US Dollar. The price is now trading above $44,000 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $42,650 on the 4-hour chart of the BTC/USD pair (data feed from Coinbase). The pair could continue to rise if it stays above the $44,350 support zone. Bitcoin price is showing positive signs above $44,000 against the US Dollar....
Read More »Dump Incoming? Miners Offload BTC To Exchanges
Bitcoin (BTC) miners have suddenly begun offloading their BTC holdings to crypto exchanges, signaling a potential reversal of months of upward price momentum. Per a Sunday post from SignalQuant – an author for Bitcoin analytics firm CryptoQuant – paying attention to short-term miner behavior may be necessary for “wise investment.” The Meaning Of Miner Deposits Miners are the first recipients of all new BTC issued by the Bitcoin network, as well as all transaction fees paid by...
Read More »Fox Business Reporter Casts Doubt on Early January Spot Bitcoin ETF Approval
Fox Business reporter Eleanor Terrett believes the sentiment surrounding a spot Bitcoin (BTC) ETF approval in early January is low. It’s worth noting, however, that despite Terrett’s perspective, a considerable number of analysts expect the approval of such products during the same period. SEC is Reviewing Changes to S-1 Filings In a post on X, Terrett highlighted that the Securities and Exchange Commission (SEC) is currently in the process of reviewing changes to the S-1...
Read More »Will Grayscale’s Bitcoin ETF Launch On Time? Application Missing Key Details
A wave of anticipated Bitcoin (BTC) spot ETF approvals appear days away from launch – yet one of the race’s largest players may be behind on its regulatory procedures. Bloomberg ETF analyst Eric Balchunas noted on Tuesday that the firm’s latest S-3 filing for its Bitcoin ETF is still absent critical information that rival fund managers have already included in their applications. What Is Grayscale Waiting For? As of January 2, Grayscale still hasn’t confirmed what firms will...
Read More »Bitcoin-Preis auf 45’000
Bitcoin-Preis auf 45'000 US-Dollar Wie so oft im Januar und in den Weihnachtsferien: Die Leute kaufen Bitcoin en masse. Sehen wir bald ein neues Allzeithoch in Sachen Bitcoin-Preis? Bitcoin-Preis: Nach oben ist alles möglich Bitcoin, die führende Kryptowährung auf dem Markt, erlebt derzeit eine beispiellose Phase der Volatilität und Unsicherheit. Dennoch bleibt die allgemeine Stimmung unter Investoren und Marktbeobachtern optimistisch, wobei viele...
Read More »Bitcoin : Les rencontres de la semaine
Voilà une liste non exhaustive des villes qui consacreront cette semaine un meetup à Bitcoin. Si votre événement n’est pas répertorié ou s’il a été modifié, n’hésitez pas à nous contacter. Si vous souhaitez vous rendre à l’une de ces rencontres, nous vous recommandons de prendre contact avec les organisateurs sur Telegram ou Twitter pour confirmation de l’horaire et du lieu car il peut y avoir des changements. Mercredi 3...
Read More »Cardano (ADA) Price Analysis: Can It Rally Above This Hurdle?
ADA price is attempting a fresh increase above the $0.605 zone against the US Dollar. The price is now trading above $0.612 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $0.5950 on the 4-hour chart (data feed via Coinbase). The price could gain bullish momentum if it clears the $0.640 and $0.6550 levels. Cardano price is holding the $0.600 support against the US Dollar, like Bitcoin. ADA price could gain...
Read More »Crypto Hedge Funds Experience Recovery, Optimistic for 2024 Growth
Cryptocurrency hedge funds have generated an average return of 44% this year through December 20, marking a rebound from a 52% loss in 2022, ranking as the best among 29 strategies monitored. They have weathered a challenging 2022 and are experiencing a recovery, and many are anticipating a prosperous 2024. Crypto Hedge Funds Recover Pantera Capital, led by industry veteran Dan Morehead, experienced a significant rebound, with its liquid-token fund surging nearly 80% by...
Read More »SBF’s Conviction, SEC’s Legal Defeats Against Ripple, Binance’s New CEO: Major Crypto Events That Dominated 2023
What an eventful year it has been for the crypto industry! With 2023 coming to an end, the cryptocurrency space has had its share of battles and victories, all of which continue to shape an industry that, though still growing, has managed to make a mark in the global financial sector. This year, regulators came down hard on key players in the market, one of the biggest and most influential CEOs pleaded guilty to a criminal charge, and the hype around a spot Bitcoin...
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