The crypto research platform 10x Research recently pointed out that the Bitcoin Relative Strength Index (RSI) has surged to 40%. This surge has sparked discussions among the crypto community about the potential future moves of the flagship cryptocurrency. The analysis provided by 10x Research in their newsletter titled “Fake Dip?” highlights the historical behavior of
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The recent surge in Bitcoin price has left many investors speculating about the future direction of the market. According to on-chain analytics site Santiment, there has been a noticeable shift in investors’ sentiment following the latest price increase. Traders on the Binance platform are reportedly moving from liquidated shorts to long positions, indicating a renewed
Recently, Baroness Stowell of Beeston, a member of the UK’s House of Lords, expressed her concerns regarding the need for stronger regulation and oversight in the UK’s AI market competition. In a letter to the UK Secretary of State, she highlighted the government’s lackluster efforts in modernizing copyright laws to keep up with the advancements
Meme coins have garnered significant attention in the cryptocurrency industry, with some projects proving their worth and becoming a staple in the market. While many detractors dismiss meme coins as a flash-in-the-pan phenomena, certain meme coin projects, such as Dogecoin, have shown resilience and loyalty from their communities over the years. Dogecoin, in particular, stands
The recent drop in Bitcoin’s price below the $59,000 support level has sparked concerns within the cryptocurrency market. This downward trend has led to liquidations in futures markets, causing analysts to warn of a potential further decline if a market capitulation occurs. Despite approximately $120 million in liquidated long positions following the price drop, investors
The Ethereum price has recently witnessed a recovery wave from the $2,820 support zone. This indicates a positive trend in the cryptocurrency market. However, it is important to note that ETH is now facing a major hurdle near the 100-hourly simple moving average. Despite the recovery, Ethereum is currently trading below $3,050 and the 100-hourly
The recent market-wide crash in the price of Bitcoin has highlighted the significance of critical support levels for the cryptocurrency. One crypto analyst, known as Norok, has pointed out that $51,800 is now the most important support level for Bitcoin. This level represents a crucial point for maintaining the bullish trend of the cryptocurrency, as
Recently, on-chain data revealed that Ripple had unlocked 500 million XRP tokens from its escrow account for the month of May. This news has sparked concerns within the cryptocurrency community about the potential impact of this unlock on the price of XRP. Ripple has faced allegations of manipulating the token’s price in the past, and
Recently, the decentralized finance (DeFi) lending protocol Pike Finance fell victim to a smart contract vulnerability that resulted in the loss of $1.6 million over three days. The exploit took place on April 30 and impacted the Ethereum, Arbitrum, and Optimism chains. The attacker took advantage of a vulnerability in Pike Finance’s smart contract, allowing
The recent surge of the SBF token, inspired by Sam Bankman Fried, has taken the crypto world by storm. The rise of SBF token was fueled by the virality surrounding AI-generated memes of Sam Bankman Fried on X, which quickly captured the attention of retail investors. With SBF token currently trading at a market price