Crypto news

Bitcoin cash is eyeing a fresh increase above the $420 resistance against the US Dollar. The price is now trading near the $410 zone and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance at $378 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $420 and $435 to start a fresh increase in the near term. Bitcoin cash price is consolidating gains above $400 against the US...

The current CEO of FTX, John Ray, has disputed the former CEO Sam Bank Fried’s assertion that there was “zero” harm to customers during the platform’s collapse in 2022, labeling the claim as “reckless” and “false.” Ray’s criticism follows Bankman-Fried’s conviction in November for embezzling $8 billion from FTX customers. John Ray Challenges SBF’s Defense Strategy The former CEO’s defense strategy has relied heavily on the notion that since there might be a chance of customer...

The once-hot NFTs witnessed a significant downturn during the crypto winter. But this sector again appears to have bounced back following the widespread rebound of digital assets. One of nine Alien Punks was sold for 4,850 ETH – the second-largest CryptoPunks sale ever – just days after a similar recent transaction of Alien Punk #3100. Blue-Skinned Punk Fetches $16.42M Punk #7804, part of the exclusive Ethereum NFT collection featuring only nine Alien Punks, exchanged hands...

[unable to retrieve full-text content]CoinspeakerPolkadot to Roll Out Its Community Token $PINK As a community token, PINK has been allocated to different parachains and communities involved in advancing the Polkadot ecosystem to ensure fair distribution.  Polkadot to Roll Out Its Community Token $PINK

The price of Bitcoin (BTC) has likely already bottomed from a sharp pullback that followed new all-time highs last week, according to popular price analyst Willy Woo. The analyst provided a list of “good news” and ”bad news” surrounding Bitcoin’s fundamentals on Thursday, comparing the asset’s recent consolidation to that of past bull market cycles. Has Bitcoin Bottomed Yet? Woo began with a look at Bitcoin’s Spent Output Profit Ratio (SOPR), an on-chain metric gauging...

[unable to retrieve full-text content]CoinspeakerMintlayer Upgrades Staking Program for ML Token Holders The Mintlayer sidechain enables users to create a decentralized ecosystem on the Bitcoin blockchain, including DeFi, smart contracts, atomic swaps, NFTs, and dApps. Mintlayer Upgrades Staking Program for ML Token Holders

Cryptocurrency exchange OKX has reportedly said that its services in India are being discontinued due to local regulations. In an email notification sent on March 21st, the platform urged users in the country to close their positions by the end of April. The latest development comes on the heels of a continued crackdown on global crypto exchanges by the Indian government. OKX Calls its Quits India has intensified its efforts to tackle illegal operations by exchanges within...

Bitcoin’s setback below $61,000 triggered a market-wide correction. Despite the inflow of fresh capital, the leading crypto asset registered 15% in weekly losses at one point after hitting new all-time highs earlier this month. QCP Capital’s analysis suggests that the Bitcoin bull market is far from over while simultaneously highlighting a continued liquidity rotation, which is likely to propel the asset to new highs post-halving. Having said that, a “violent” near-term...

[unable to retrieve full-text content]CoinspeakerCrypto Whale Earns 18,986 Solana (SOL) after Investing in New Meme Coin SMOLE SMOLE, SLERF, and Shroom are all meme coins based on the Solana network. Over the past few weeks, the protocol has seen an influx of memes on the ecosystem, propelled by the recent rally in the market. Crypto Whale Earns 18,986 Solana (SOL) after Investing in New Meme Coin SMOLE

[unable to retrieve full-text content]CoinspeakerAvalanche Foundation Announces $1M Mining Incentive Memecoin Rush Program to Improve Ecosystem Liquidity Avalanche will off $1 million in incentives via the Memecoin Rush program to improve liquidity and general accessibility of community coins. Avalanche Foundation Announces $1M Mining Incentive Memecoin Rush Program to Improve Ecosystem Liquidity