EOS price started a fresh decline after it failed to clear $0.735 against the US Dollar. The price is now trading below $0.720 and the 55 simple moving average (4 hours). There is a major 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 $0.7200 resistance levels. EOS price is struggling below $0.700 against the US Dollar,...
Read More »Spot BTC ETFs Are Bullish despite US Fed’s ‘Hawkish’ Stance
[unable to retrieve full-text content]CoinspeakerSpot BTC ETFs Are Bullish despite US Fed’s ‘Hawkish’ Stance Spot BTC ETFs enjoy bullish momentum based on consecutive cumulative net inflows despite BTC's short-term pullback after the US Fed’s rate decision. Spot BTC ETFs Are Bullish despite US Fed’s ‘Hawkish’ Stance
Read More »El Salvador to Maintain Support for Bitcoin Post-Election
[unable to retrieve full-text content]CoinspeakerEl Salvador to Maintain Support for Bitcoin Post-Election The vice president added that if reelected, Bukele’s government will proceed with plans to launch Bitcoin-backed bonds this quarter. El Salvador to Maintain Support for Bitcoin Post-Election
Read More »BlackRock Proposes Bitcoin ETF Ads on Former Banks
[unable to retrieve full-text content]CoinspeakerBlackRock Proposes Bitcoin ETF Ads on Former Banks Ads for BlackRock’s Bitcoin ETF will be projected onto closed bank buildings, as per a new filing. The ads will show major milestones in the financial world, including the creation of Bitcoin. BlackRock Proposes Bitcoin ETF Ads on Former Banks
Read More »ARK Invest Says Optimal Bitcoin Portfolio Allocation for 2023 Was 19.4%, Up from 0.5% in 2015
[unable to retrieve full-text content]CoinspeakerARK Invest Says Optimal Bitcoin Portfolio Allocation for 2023 Was 19.4%, Up from 0.5% in 2015 Cathie Wood-led Ark Invest believes Bitcoin price will rally exponentially in the confirmed bull cycle as more investable global assets amounting to $250 trillion proliferate to the digital asset class. ARK Invest Says Optimal Bitcoin Portfolio Allocation for 2023 Was 19.4%, Up from 0.5% in 2015
Read More »Arthur Hayes: Bailout Imminent as NYCB Announces ‘Surprise’ Loss, BTC to Rally
[unable to retrieve full-text content]CoinspeakerArthur Hayes: Bailout Imminent as NYCB Announces ‘Surprise’ Loss, BTC to Rally Hayes revealed that a weekend bailout could impact the price action of Bitcoin. Arthur Hayes: Bailout Imminent as NYCB Announces ‘Surprise’ Loss, BTC to Rally
Read More »Litecoin (LTC) Price Analysis: Bulls Struggle To Start Fresh Increase
Litecoin started a fresh decline from the $72.50 resistance zone against the US Dollar. LTC price is now trading below $70.00 and the 55 simple moving average (4 hours). There is a major bearish trend line forming with resistance near $67.00 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 $64.20 support zone. Litecoin price is struggling below $70.00 against the US Dollar, like...
Read More »Cboe BZX Withdraws Application for Global X Bitcoin ETF Listing
As stated in an SEC filing on Tuesday, the ETF provider Global X has withdrawn its application for a spot in Bitcoin ETF. The CBOE BZX Exchange submitted a notice of withdrawal for the Global X Bitcoin Trust on January 26, roughly two weeks after the SEC approved 11 other spot Bitcoin ETFs. Global X Withdraws Application The Global X Bitcoin Trust’s initial application was submitted in August 2023, and despite two extensions for consideration in September and November, the...
Read More »Bearish Signs Appear as BTC Unable to Claim $43K Successfully (Bitcoin Price Analysis)
After encountering a significant rejection at the $48K resistance level, Bitcoin has recently discovered support near the crucial 100-day moving average, prompting a slight retracement. However, if a pullback materializes, the most likely scenario would involve a renewed bearish leg, targeting significant support at $38K. Technical Analysis By Shayan The Daily Chart Upon analyzing the daily chart, it becomes apparent that following Bitcoin’s recent setback from the pivotal...
Read More »‘Rich Dad Poor Dad’ Author Explains Why He Owns Bitcoin
Robert Kiyosaki, renowned for his book “Rich Dad Poor Dad,” is gaining attention for his strong endorsement of Bitcoin (BTC). The author positions Bitcoin as a key defense against what he perceives as systematic wealth erosion orchestrated by institutions such as the Federal Reserve, Treasury, and Wall Street bankers. Why Kiyosaki Owns Bitcoin In his recent post on X, Kiyosaki emphasized his investment strategy, favoring Bitcoin over traditional assets like stocks, bonds, and...
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