Crypto news

In the fast-paced world of cryptocurrencies, Bitcoin halving events are significant milestones that grab the attention of investors, traders, and enthusiasts worldwide, leading to speculation and anticipation among the community. Changpeng Zhao recently shared his thoughts and observations on the dynamics and sentiments surrounding Bitcoin halvings based on his experiences during the past three events. The Pre-Halving Buzz and Aftermath The cryptocurrency community buzzes...

With buyers absent, BNB is struggling to hold above $200. Key Support levels: $206, $180 Key Resistance levels: $220, $230 1. Indecision Continues Binance Coin has not managed to move away from its key support just above $200. This is not ideal, as any new sell pressure could quickly test or even break this level. The price action also shows that sellers are having the upper hand right now. Chart by TradingView.2. Indicators Lean Bearish The volume and momentum indicators...

Predictions for the upcoming Bitcoin halving are still pouring it, with most of them bullish on Bitcoin’s chance of a parabolic rise. The upcoming Bitcoin halving expected next year is already creating quite a bit of buzz as the market anticipates a reduction in Bitcoin block rewards. With a little over six months left till the halving, analysts are now offering predictions about Bitcoin’s chances. While the specific count might not be the same across analysts, Rekt Capital posted on X...

OPEC strongly criticized the IEA’s forecast of peak fossil fuel demand before the decade’s end, labeling the IEA’s narrative as “extremely risky”, “impractical”, and “ideologically driven”. OPEC has revised its medium- and long-term projections for global oil demand upward. The oil-producing consortium stated that meeting this increased demand would necessitate a substantial $14 trillion investment in the crude sector. This development comes even in the face of a rapid expansion of...

Under the Act, companies building and deploying AI models would need to perform risk assessments and label AI-generated content. European Union (EU) negotiators are reportedly discussing placing additional restrictions on large artificial intelligence (AI) models as part of the upcoming AI Act. According to a Bloomberg report, representatives from the European Commission, European Parliament, and EU countries are in talks to implement a plan that would address the issues associated with...

Colombian banker and real estate developer Jaime Gilinski Bacal pumped £102 million making him the dorman stakeholder with 53% stake. During the early trading hours on Monday, October 9, shares of Metro Bank Holdings (LON: MTRO) jumped by a staggering 26%. At press time, the MTRO stock is trading at 52.60 GBX.  Metro Bank Shares The sharp surge in stock price comes as Metro Bank announced a £325 million ($395.6 million) capital raise and £600 million in debt refinancing on Sunday, October...

According to Zhao, the effects of a halving usually take time to materialize. The cryptocurrency industry is awash with anticipation as the all-important Bitcoin halving event date draws closer. However, there have also been many predictions for what may happen in the aftermath of the event, which is expected to take place in April 2024. One such Bitcoin halving prediction is that of Binance CEO Changpeng Zhao (CZ). Zhao recently shared some insights from the previous three Bitcoin...

Beyond its crypto options offerings, the exchange has set its sights on obtaining a brokerage license in the European Union (EU). Deribit, one of the world’s leading crypto options exchanges, has recently made a significant announcement that it is set to introduce options contracts linked to three prominent alternative cryptocurrencies: XRP, Solana (SOL), and Polygon (MATIC). This expansion initiative comes on the heels of Deribit’s continued efforts to cater to the evolving needs of...

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Stellar lumen price is gaining pace below the $0.115 resistance zone against the US Dollar. XLM price is now trading below $0.1135 and the 55 simple moving average (4 hours). There is a major bearish trend line forming with resistance near $0.1132 on the 4-hour chart (data feed via Kraken). The pair could start a fresh increase if it clears the $0.1150 resistance. Stellar lumen price is trading below $0.1150 against the US Dollar, like Bitcoin. XLM price could...