The Bitcoin price has remained relatively stable around $29,000, indicating low activity and momentum in the market. Many investors are hesitant to engage in the digital asset at this point due to the expectation of another crash before the bull market resumes. However, a crypto analyst known as “Tony The Bull” challenges this prevailing belief
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Bitcoin, the most valuable cryptocurrency, is currently at a critical junction as a bearish head-and-shoulder pattern emerges in the weekly chart. This alarming pattern, identified by analyst Tony Spilotro, could have dire implications for Bitcoin bulls if it materializes. It may push prices below a crucial support line and drive them towards $18,000 or lower
PayPal recently announced that it will be temporarily pausing its cryptocurrency buying services in the United Kingdom (UK) starting from October 1, 2023. The service is expected to resume in early 2024, although the exact date has not been specified. This means that users will be unable to purchase cryptocurrencies during this period. However, PayPal
The web3 metaverse and creator platform, ZTX, has recently concluded a highly successful $13 million seed round, led by renowned crypto investment firm, Jump Crypto. This significant milestone signifies a major leap forward for ZTX, as it attracts investments from prominent players in the web3 investment space such as Collab+Currency, Parataxis, MZ Web3 Fund, and
In recent weeks, the cryptocurrency market has witnessed the meteoric rise of Wall Street Memes coin (WSM). With a recent 14% gain in just seven days, WSM has garnered significant attention. However, it is not just the price surge that is capturing the interest of investors. WSM recently raised nearly $25 million in its presale
In a recent court filing, BAM Trading, the operating company of Binance U.S., and BAM Management expressed their concerns over the U.S. Securities and Exchange Commission’s (SEC) “troubling and inappropriate” abuse of information requests. The SEC is demanding the production of “all communications” from at least six employees and executives of BAM, dating back to
Bloomberg’s Senior ETF Analyst Eric Balchunas recently highlighted that the Securities and Exchange Commission (SEC) could unveil a momentous decision concerning Grayscale Investments. This decision is expected to have significant implications for the approval of Bitcoin exchange-traded products (ETPs), capturing the attention and interest of industry players. Grayscale Investments challenged the SEC’s refusal to approve
In a surprising move, bankrupt crypto lender Voyager Digital recently transferred 1,500 Ether (ETH) and 250 billion Shiba Inu (SHIB) tokens to Coinbase. The total value of these transfers amounted to approximately $2.77 million for Ether and $2.7 million for Shiba Inu. This event has triggered suspicion and speculation within the crypto community, as observers
Cryptocurrency exchange Coinbase has officially announced its expansion into the Canadian market, marking a significant milestone in its global expansion efforts. Through a strategic collaboration with Peoples Trust Company, a subsidiary of the Peoples Group, Coinbase will now offer its services to Canadian users. Interac Payment Rails One of the key highlights of this partnership
The recent surge in trading volume of XRP has drawn significant attention, as it reflects the enduring appeal and adaptability of the cryptocurrency to market trends. With a remarkable increase of $3 billion reported by Messari, discussions have been sparked regarding the factors driving this surge and its implications for both the future trajectory of