Markets

Bitcoin cash price started a downside correction from the $278 zone against the US Dollar. The price is now trading above the $242 zone and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $236 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair could continue to move down if it breaks the $242 and $240 support levels. Bitcoin cash price is declining from the $278 zone against the...

According to on-chain firm Arkham Intelligence, a wallet linked to former U.S. President Donald Trump has moved over $2.4 million worth of ether (ETH) to the crypto exchange Coinbase in the past few weeks. Arkham Intelligence had initially identified digital assets believed to belong to Trump in August, basing its findings on financial disclosures filed by the former President earlier that month. Trump’s Ethereum Wallet Shows Sales Totaling $2.4 Million About three weeks ago,...

As the crypto market evolves, only time will tell if Bitcoin can truly reach $1 million by 2029, altering how investors view and interact with digital assets. Perianne Boring, founder and CEO of the Chamber of Digital Commerce recently made a bold prediction that Bitcoin‘s price could surge to an astonishing $1,000,000 by 2029. Bitcoin’s Valuation Model and Current Market Price In a recent interview with CNBC, Boring discussed the current market conditions of Bitcoin, suggesting that its...

TL;DR Shiba Inu (SHIB) has seen a notable increase in its price recently, with its performance compared to other cryptocurrencies like Dogecoin. Various factors and developments within the Shiba Inu project are influencing its current market trend, including its L2 blockchain solution Shibarium. The article also discusses the impact of actions by large SHIB investors on the cryptocurrency’s market dynamics and investor sentiment. Shiba Inu (SHIB) Performs Better Than...

[PRESS RELEASE – London, United Kingdom, December 28th, 2023] Minutes Network Ltd, the world’s first blockchain-based wholesale voice termination service provider, is set to reinvigorate telecommunications operator profitability with its innovative approach to voice call services. In a departure from recent industry trends, the company introduces the Mintech innovations hub and its proprietary suite of cutting-edge technologies and protocols that enhance operator...

It seems the promise of Web3 is finally becoming a reality. Shiba Inu is breaking ground with a game-changing initiative, launching its .shib email domain. Meanwhile, Galaxy Fox is gearing up for a new high as its presale continues to gain traction and hit milestones. Shiba Inu is Revolutionizing the Digital Domain Shiba Inu, the vibrant dog-themed memecoin, is set to make waves beyond the crypto market. The team has just unveiled a groundbreaking move — introducing the...

Coinbase insiders seem to be disposing of COIN shares this December, with the co-founder Fred Ehrsam III appearing to be the most active seller, according to data from Insider Alerts. Several executives and top shareholders at the exchange have recently been selling company shares, with some following the trend set by Cathie Wood’s asset management firm, Ark Invest, which comes as Coinbase’s stock reaches a new yearly high. Coinbase Insiders Sell Over $120 Million in Shares...

The Indonesian government is keen to protect crypto investors from exploitative exchanges and ensure optimal tax collection. The high demand for digital assets and Web3 products in Indonesia has seen registered users surpass more than 18 million, compared to 12 million traditional stock traders. With the number of crypto users expected to grow exponentially in the coming years, the Indonesian government has been preparing to tap into the blockchain and the nascent industry to grow its...

Crypto has shocked the world yet again, and as open interest heats up, it is clear that risk-on market participants will be active in the coming two years. Speculative appetite is up, and following the Bitcoin ($BTC) Spot ETF anticipation, dramatic industry repricing is somewhat expected. Elsewhere, it seems that anybody who bought a Solana ($SOL) Saga seems to be in for a nice surprise. The reason behind is that each phone came with a certain number of BONK, which is...

Ark Invest purchased $92 million worth of ProShares Bitcoin Strategy ETF (BITO) and 4,320,928 units of the US Bitcoin futures-linked ETF. Cathie Wood’s asset management firm Ark Invest has actively engaged in portfolio rebalancing this year amid a surge in stock prices of crypto firms. In the latest development on Wednesday, December 27, Ark Invest divested its Coinbase holdings and all of its GBTC holdings. In a recent trade filing, the company led by Cathie Wood revealed the sale of...