After the recent Bitcoin halving in April, the cryptocurrency market has been eagerly waiting for a potential price breakout. Bitcoin did see a rise to $71,443, but it quickly retraced to $66,936. Renowned analyst Rekt Capital has provided insights into this price movement and predicted a potential bullish run for Bitcoin in the coming months.
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The recent fluctuation in Bitcoin price, with a decrease from $71,000 to $67,000, has prompted crypto analysts to closely examine technical indicators to determine the future direction of the price. One notable analyst has emphasized the significance of the current situation, highlighting key levels that could indicate the next move for Bitcoin. The break below
Jian Wen, a former fast-food worker, has been sentenced to nearly seven years in prison by the Southwark Crown Court in London for her involvement in money laundering tied to a $6.4 billion investment fraud scheme. This case highlights the severity of the consequences individuals face when engaging in illegal activities such as money laundering.
Bitcoin whales, investors holding between 1,000 and 10,000 BTC, have demonstrated their unwavering bullishness in the flagship cryptocurrency, accumulating a significant amount of the crypto token in the past week. Data from IntoTheBlock indicates that these whales have acquired 20,000 BTC ($1.4 billion) during this period, coinciding with Bitcoin’s recent price surge above $70,000. This
As the Dogeverse (DOGEVERSE) presale comes to a close on June 3, 2024, investors are eagerly anticipating the next phase of this unique multi-chain offering. With over $15 million already raised, the popularity and potential of the $DOGEVERSE meme token are undeniable. The current price of the Dogeverse token stands at $0.00031, but many believe
The Nigerian High Court recently adjourned the money laundering trial against Binance and its executive, Tigran Gambaryan, to June 20. This decision was made in light of Gambaryan’s health concerns, as reported by the Economic and Financial Crimes Commission (EFCC). The defense counsel, led by Mark Mordi, informed the court of his client’s ill health
Bitcoin has been a hot topic in the world of cryptocurrency, with many analysts predicting various scenarios for its price movement. One such analyst, known as CrediBullCrypto, has put forth an “ultra bull scenario” for Bitcoin, suggesting that the cryptocurrency could potentially reach a price point above $80,000 in the current market cycle. This bold
As of now, XRP price has seen a decline below the $0.520 support level. It is currently trading within a range and aiming for an upside break above the $0.5320 resistance. The price has fallen below the $0.5120 mark, but is now trading above $0.5250 along with the 100-hourly Simple Moving Average. A key bearish
The potential approval of a spot Ethereum exchange-traded fund (ETF) in the United States could have far-reaching implications for the classification of Solana as a commodity. This classification is crucial as it determines the level of oversight and regulatory scrutiny that cryptocurrencies are subjected to. If the Securities and Exchange Commission (SEC) views Ethereum as
Glassnode’s recent market report highlighted the slowdown in new capital flowing into the Bitcoin network, suggesting that the lack of demand could be hindering the cryptocurrency’s price from reaching new highs. The Realized Cap metric, which estimates the value of each Bitcoin based on the last time it was traded, currently stands at $574 billion.