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Bitcoin (BTC)

Sygnum raises more than USD 40 million in interim close of oversubscribed financing round

Singapore and Zurich, 25 January, 2024 – Global digital asset banking group Sygnum today announced that it has raised more than USD 40 million against an initial ~USD 35 million target in an interim close of its latest funding round, which is named the Strategic Growth Round. As of the completion of this interim close the company’s post-money valuation stands at USD 900 million. The Strategic Growth Round will provide the group with additional financing to expand into new markets and further...

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EOS Price Analysis: Indicators Suggest Bearish Bias Below $0.72

EOS price started a fresh decline after it failed to stay above $0.750 against the US Dollar. The price is now trading below $0.7350 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.710 on the 4-hour chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to decline if it stays below the $0.7000 and $0.7100 resistance levels. EOS price is struggling below $0.700 against the US...

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Litecoin (LTC) Price Analysis: Bears Aim For More Losses Below $60

Litecoin started a fresh decline from the $72.00 resistance zone against the US Dollar. LTC price is now trading below $68.00 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $69.00 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could continue to move down unless the bulls protect the $63.20 support zone. Litecoin price is struggling below $70.00 against the US Dollar, like...

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Bitcoin n’est ni une tulipe ni de l’or, il est plus et moins que cela à la fois

« En cette soirée du 25 janvier 2024, je me promenais librement sur X, n’utilisant que très peu le mode Abonnements, l’onglet Pour vous est au fil du temps, devenu un ami fidèle et parfois pénible (de la même manière que cet ami qui ne comprend pas l’anglais mais arrive à regarder une série en VO alors que les accents sont à couper au couteau), ce soir-là, cet onglet m’a donc, sans le faire exprès...

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Core Scientific Successfully Emerges from Chapter 11 with Enhanced Financial Position

Bitcoin miner Core Scientific has completed its reorganization and is coming out of Chapter 11 with an improved financial position. In the latest statement, the company said it anticipates initiating the listing of its common stock, tranche 1 warrants, and tranche 2 warrants on the Nasdaq Global Select Market under the symbols CORZ, CORZW, and CORZZ, respectively, starting from January 24, 2024. Core Scientific Emerges From Chapter 11 According to the official press release,...

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Spot Ripple (XRP) ETF Highly Unlikely Unless The Following Happens: Analyst

TL;DR Speculation about a spot XRP ETF has risen following the approval of Bitcoin ETFs in the US, but the ongoing Ripple/SEC lawsuit poses a significant obstacle. One expert suggests that the launch of the product might be more likely after 2024, pending clearer regulatory guidance. Are There Any Chances? The historic approval of several spot Bitcoin ETFs in the United States has given the XRP army (a term referring to the enthusiastic community of XRP investors and...

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Is Bitcoin About to Drop Lower or is the Worst Over Following the Crash Below $39K? (BTC Price Analysis)

Bitcoin’s retracement has expanded, driven by heightened selling pressure, pushing the price toward a pivotal and decisive support region that includes the critical 200-day moving average and the middle boundary of the ascending channel. The price action within this significant range holds paramount importance in shaping Bitcoin’s future trajectory. Technical Analysis By Shayan Bitcoin Price Analysis: The Daily Chart Upon analyzing the daily chart, it becomes evident that...

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Crypto Mom Says SEC Won’t Need a Lawsuit to Approve Spot Ethereum ETFs

Hester Pierce, popularly known as “Crypto Mom,” who serves as a commissioner with the United States Securities and Exchange Commission (SEC), believes the agency would not need a lawsuit or a court ruling to approve pending spot Ethereum exchange-traded funds (ETFs) application. During an interview with community-owned crypto media outlet Coinage, Commissioner Pierce insisted the SEC should not need a court to direct its approach as it would treat spot Ethereum ETFs the way...

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Les ETF indexés sur le bitcoin et la menace du BlackFork

« L’année 2024 a commencé en trombe dans le monde de Bitcoin et des cryptomonnaies : le mercredi 10 janvier, 11 ETF indexés sur le bitcoin (BTC) ont été approuvés par la SEC, le gendarme financier américain, au terme d’une procédure qui avait cours depuis plusieurs années. Cette décision a provoqué la réjouissance d’une partie la communauté, en raison de l’éventuelle hausse du prix qu’elle va pouvoir...

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Solana (SOL) Price Analysis: Bears Take Control Below $90

Solana price gained bearish momentum below the $90 level against the US Dollar. The price is now trading below $88 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $85.80 on the 4-hour chart of the SOL/USD pair (data feed from Coinbase). The pair could recover, but the upsides might be limited above the $90 resistance. Solana price is trading in a bearish zone below $90 against the US Dollar, like Bitcoin....

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