Bitcoin price recently experienced a strong increase above the $68,500 resistance zone, even testing as high as $70,000. However, following the Federal Reserve’s decision to keep rates at 5.5%, there was a significant bearish reaction in the market. After failing to sustain above the $70,000 resistance zone, Bitcoin has started to decline once again. The
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Prominent crypto analyst Dave the Wave has provided a bullish narrative for Bitcoin despite the flagship crypto’s recent setback. In a recent X post, he suggested that Bitcoin could rise as high as $300,000 based on his logarithmic growth channel (LGC) indicator. According to the chart he shared, BTC’s rally to this unprecedented price level
XRP, like many other cryptocurrencies, has recently experienced a temporary recovery in the midst of ongoing market volatility. This recovery comes at a time when the cryptocurrency market is facing fluctuations driven by regulatory developments, market sentiment, and overall industry trends. While the temporary uptick in XRP’s price offers some relief to traders and investors,
The Zimbabwean government has taken a proactive step towards regulating the virtual asset industry by initiating a study to develop comprehensive regulations. This move was reported by the Zimbabwe Mail on June 12, indicating that a committee has been established to gather data from crypto companies operating within the country. The primary goal of this
Recently, Solana (SOL) has experienced a decrease in value, dropping below the crucial support zone of $150. The price is currently consolidating and could potentially see a recovery if it manages to surpass the $152.50 resistance level. Despite trading below $160 and the 100-hourly simple moving average, there is hope for a turnaround in the
Ethereum has experienced a setback in its price, failing to recover above the $3,650 resistance level. The cryptocurrency declined once again below the $3,550 support zone, indicating bearish signs below the $3,600 mark. This fresh decline brings into question the potential for a recovery in the near future, as ETH struggles to maintain its position
B2BinPay, a prominent blockchain platform, has recently released its latest version, v20, which brings about significant improvements and enhancements to its services. In this article, we will delve deep into the new features introduced in B2BinPay v20 and how they can benefit its users. One of the key highlights of B2BinPay v20 is the integration
In a move to bolster security measures and enhance compliance capabilities, BloFin Exchange, a well-known cryptocurrency trading platform, has partnered with the Chainalysis blockchain data platform. This integration is seen as a significant step towards ensuring the safety of the assets belonging to BloFin’s global user base. With over 320 contract trading pairs and 100
The cryptocurrency market has seen a surge in optimism as investment funds experience a historic inflow surge. Leading digital asset manager, CoinShares, reported a record-breaking $2 billion influx into crypto funds in just one week, surpassing the entire month of May’s net inflows. This positive trend, now spanning five consecutive weeks, has propelled total assets
XRP price has been facing challenges as it failed to recover above the $0.5050 resistance zone. Despite attempting a recovery wave above $0.4920, similar to Ethereum and Bitcoin, XRP price could not sustain the momentum and found itself moving lower once again. The bears were active near $0.5050, resulting in a high being formed at