Vaibhavv Ali
BNB price is currently hovering around $696.40 on Thursday, following a 4.58% decline over the past two days. Technical indicators point towards a potential continuation of this downtrend. Technical Analysis: Price Action: BNB price recently retested its 50-day EMA support level and is currently trading slightly above it. A break below this level could … Read more
Bitcoin (BTC) has continued its downward trend, falling below $95kon Wednesday. This bearish sentiment follows a decline in bullish momentum since mid-November. The upcoming inauguration of the pro-crypto President-elect is expected to trigger a “sell-the-news” event, as the initial excitement surrounding his policies may quickly subside. Additionally, Bitcoin’s Futures Open Interest has remained stagnant for … Read more
Tens of thousands were evacuated from Los Angeles after devastating wildfires erupted on January 7, 2025. The fires have tragically claimed lives and caused widespread destruction. In response, the crypto community is stepping up to support relief efforts. Platforms Facilitate Crypto Donations The Giving Block:Launched an emergency fundraiser to support local charities. Accepts BTC, ETH, … Read more
While the broader cryptocurrency market grapples with a bearish sentiment, XRP, the native token of Ripple Labs, is bucking the trend with a notable price increase. On January 9, 2024, while Bitcoin, Ethereum, and other major cryptocurrencies are experiencing price declines, XRP has recorded a 2% gain. Technical Analysis Points to Further Upside Support from … Read more
The US Department of Justice (DOJ) has received approval to sell 69,370 Bitcoin seized from the infamous Silk Road darknet marketplace. This massive stash of Bitcoin, valued at approximately $6.5 billion, has been at the center of a protracted legal battle. Court Ruling Clears the Way On December 30th, a court dismissed claims from Battle … Read more
Pepe (PEPE) has experienced a recent pullback, trading at $0.00001881 at the time of writing. The token’s price has declined by -10.40% in the last 24 hours, with a trading volume of $1.74 billion. Whale Activity and Market Pressure Spot On Chain data reveals that a significant whale recently deposited 217 billion PEPE ($4.54 million) … Read more
One of Portugal’s largest banks, Banco de Investimentos Globais (BiG), has recently blocked fiat transfers to cryptocurrency platforms. While other Portuguese banks have not followed suit, this decision highlights a potential shift in Portugal’s approach to crypto-related activities. Regulatory Uncertainty and Compliance Concerns BiG cited compliance with directives from the European Central Bank, the European … Read more
The past year has witnessed a significant shift in Bitcoin (BTC) adoption, transitioning from primarily retail traders to a focus on institutional investors. This shift has been fueled by several factors: Regulatory Clarity: The implementation of more favorable cryptocurrency regulations has boosted investor confidence. Increased Access: The availability of regulated avenues for institutional participation, such … Read more
Crypto analysis firm Santiment suggests that the recent decline in social media chatter and overall sentiment surrounding Dogecoin (DOGE) could present a potential buying opportunity for traders. Santiment’s analysis reveals an “extremely quiet” period for Dogecoin, with crowd sentiment reaching a near-year low. This bearish sentiment, contrasting sharply with the more positive outlook on other … Read more
Republican Senator Dusty Deevers from Oklahoma has introduced legislation that would allow employees and residents of the state to receive their salaries in Bitcoin (BTC), and enable businesses to accept Bitcoin payments. Dubbed the “Bitcoin Freedom Act,” Senate Bill 325 aims to provide a voluntary framework for Bitcoin adoption, giving employees, employers, and businesses the … Read more