The primary cryptocurrency stood still for a few days after this week’s massive volatility, but the bulls are back in control and pushed it to a fresh all-time high of over $70,000. Ethereum’s native token mimicked BTC’s performance by soaring past $4,000 and dumping just as hard minutes later. BTCUSD. Source: TradingViewBitcoin’s current week is going in a highly volatile fashion. The asset skyrocketed to under $69,000 on Monday and went above that line on Tuesday to break...
Read More »Anthony Pompliano: Bitcoin Price Close to Historical Breakout to $138,000 Soon
CoinspeakerAnthony Pompliano: Bitcoin Price Close to Historical Breakout to $138,000 Soon Pompliano noted that Bitcoin price has doubled immediately after breaking the prior all-time high in the past bull cycles. Anthony Pompliano: Bitcoin Price Close to Historical Breakout to $138,000 Soon
Read More »Is Ethereum (ETH) a Security? SEC Chair Still Won’t Say
Gary Gensler, chairman of the U.S. Securities and Exchange Commission (SEC), still won’t give a straight answer on whether Ethereum (ETH) legally classifies as a security. During a Thursday interview with Bloomberg, the chairman was asked to clear the regulatory fog surrounding the second-largest cryptocurrency, given that Ethereum spot ETF applications are now piling up on his agency’s desk. Why Won’t Gensler Answer? Gensler’s response was, as usual, vague – and re-directed...
Read More »Telos Introduces ETH France President Jerome de Tychey as First Member of Executive Advisor Committee
[PRESS RELEASE – PARIS, France, March 7th, 2024] Telos today welcomes Jerome de Tychey as the inaugural member of its new Executive Advisor Committee, which will provide guidance, resources and ecosystem support to the project in order to enhance its growth and development. de Tychey is the current President of Ethereum France and CEO of the Web3 development platform, Cometh. de Tychey is also an associate professor at the Conservatoire National des Arts et Métiers, where he...
Read More »Solana DEX Volume Jumps to 28.5%, Getting Closer to Ethereum
CoinspeakerSolana DEX Volume Jumps to 28.5%, Getting Closer to Ethereum Solana recorded about $15B in DEX volume in the past seven days, translating to a +153% weekly change. Solana DEX Volume Jumps to 28.5%, Getting Closer to Ethereum
Read More »CFTC Chair Calls on Congress to Implement Comprehensive Legislation for Crypto Regulations
CoinspeakerCFTC Chair Calls on Congress to Implement Comprehensive Legislation for Crypto Regulations Even if Congress passes the FIT Act, it will take the CFTC no less than a year to develop a comprehensive regulatory framework. CFTC Chair Calls on Congress to Implement Comprehensive Legislation for Crypto Regulations
Read More »Hedgehog Protocol Secures $1.5M in Funding to Improve Blockchain Efficiency
CoinspeakerHedgehog Protocol Secures $1.5M in Funding to Improve Blockchain Efficiency Hedgehog Protocol aims to provide targeted solutions that reduce gas costs, improve efficiency, and lower operational expenses. Hedgehog Protocol Secures $1.5M in Funding to Improve Blockchain Efficiency
Read More »Litecoin (LTC) Price Analysis: Rally Could Resume Toward $100
Litecoin is gaining pace above the $80.00 resistance against the US Dollar. LTC price is now trading above $82.00 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance at $88.00 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could gain bullish momentum if it clears the $86.50 and $88.00 resistance levels. Litecoin price is recovering from the $75 zone against the US Dollar, like Bitcoin....
Read More »Speculative Trades Flushed Out as Bitcoin, Ethereum, Solana’s Open Interest Drops
Bitcoin reached a fresh all-time peak, surpassing $69,300 this week, only to swiftly correct by over 10%. Prior to this event, the open interest in Bitcoin futures and perpetual pairs surged to unprecedented levels. Despite Bitcoin’s overall gain of almost 55% in the past month, the sudden drop in its value has left investors uncertain about its future trajectory. However, Santiment suggests that ‘speculative excess’ has been temporarily removed from the markets. Open...
Read More »Following the Flushout, is ETH About to Break Toward $4K? (Ethereum Price Analysis)
After a period of heightened buying activity and increased bullish momentum, Ethereum has successfully reclaimed a crucial resistance zone, notably the previous major yearly high at $3.6K. This breakout, if confirmed by a retest, sets the stage for ETH to potentially establish a new all-time high in the near future. By Shayan The Weekly Chart An in-depth analysis of the weekly chart reveals a significant bullish sentiment surrounding Ethereum, as evidenced by a substantial...
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