Ethereum Faces Bearish Pressure as Brief Correction Underway.
At the time of writing, ETH is trading at $2517, down 0.98% in the last 24 hours.If the price manages to go above $2611 level, then it will likely test…
Fidelity Sees Recent BTC Sales as Short-Term ‘Hangover’ Post-Spot Bitcoin ETF Launch.
Timmer believes the situation is a “sell-the-news moment” where participants may have “equitized” future spot positions via futures markets.Jurrien Timmer, Fidelity’s Director of Global Macro, has expressed the view that…
Litecoin Shows Resilience and Potential for Upside Amidst Key Developments.
Litecoin’s price declined from its peak of $115 in July 2023 to a low of $56 in August.A higher low was created in Litecoin’s price, indicating an ascending support trendline…
Manta Network, The Fastest-Growing Layer 2 Blockchain Sets New Records.
Manta Network achieves Top 3 status in Ethereum L2 with $850M TVL. Manta New Paradigm offers 5% native yields alongside attractive rewards. Manta Network, a prominent multi-modular ecosystem designed for…
JPMorgan CEO Jamie Dimon Warns Against Bitcoin Investments.
The comment is the most recent in Dimon’s string of criticism directed against Bitcoin. Although Dimon was dismissive of Bitcoin, he did voice his support for blockchain technology. The chief…
Crypto Trader Capitalizes on Elon Musk’s Twitter Bio Change and makes $1 Million Profits
Musk’s profile change gained attention, driving a surge in TROLL token – 251% increase in under 24 hours and 13,208% rise in six days.A cryptocurrency trader who invested $10,000 in…
Bitcoin Price Consolidates, Eyeing for a Breakout as ETF Hype Fades.
At the time of writing, Bitcoin is trading at $42,815, down 0.12% in the last 24 hours.If the price manages to go above $43,960 then the price will likely test…
U.S. Treasury and IRS Delay Digital Asset Transactions Reporting.
Receipt of digital assets must be reported by enterprises involved in trade or commerce.The guidelines also necessitate revealing information, including the sender’s personal data.U.S. Treasury and IRS officials have stated…
Bitcoin ETFs Have Traded $10B Since Launch, Hold 34.5K BTC
Trading for newly launched spot Bitcoin exchange-traded funds has been booming in the three days since they went live on exchanges. Almost $10 billion has been traded in spot Bitcoin…
Pepe Coin Shows Signs of Potential Bottom Amidst Recent Price Action.
Pepe Coin’s price has been under a descending resistance trend line since May 2023, hitting its lowest point in September.From September, Pepe Coin started an upward trajectory, with a successful…