A popular crypto analyst and trader is warning that Bitcoin (BTC) could suddenly correct much deeper. Pseudonymous analyst Altcoin Sherpa tells his 219,100 followers on the social media platform X that Bitcoin could decline more than 7% from its current value. “If we lose this region [around $62,000], it’s $58,000 in my opinion. That’d be […]
On-chain data shows Ethereum has been observing high exchange outflows recently, but a development related to Tether (USDT) may be a bearish obstacle for the market. Ethereum And Tether Both Have Seen Withdrawals From Exchanges Recently As explained by the on-chain analytics firm Santiment in a new post on X, the market is ending July […]
On July 30, the SEC filed a response to a court order from July 9, stating that it wants to amend its complaint concerning the “Third Party Crypto Asset Securities” mentioned in its opposition to Binance’s motion to dismiss. This means the SEC no longer seeks a court ruling on whether the affected tokens are […]
Bitcoin remains volatile at spot rates. Despite the spectacular recovery yesterday, August 1, the downtrend remains, at least for now. Specifically, looking at the candlestick arrangement in the daily chart, there could be more growth once prices break $70,000. Before then, traders are closely monitoring price action aware that there could be more losses, pushing […]
A crypto trader and analyst is expressing an overall bullish outlook on Dogecoin (DOGE) as the memecoin consolidates. Pseudonymous analyst Altcoin Sherpa tells his 11,300 YouTube subscribers that DOGE could eventually break out and soar to as high as $0.50. However, the analyst warns that DOGE has a relatively large market cap that could limit […]
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Aug. 1-7. Source link
A weak report will likely bolster Fed rate-cut expectations and potentially support risk assets, including bitcoin. Source link
Two market experts recently revised their predictions for Ethereum, with one claiming that the second-largest crypto token could rise to as high as $100,000. Interestingly, these ultra-bullish predictions align with some predictions made by financial institutions. Ethereum To Rise To $50,000 Ethereum maximalist Adriano Feria predicted in an X (formerly Twitter) post that Ethereum could […]
Manilla, Philippines, August 1st, 2024, Chainwire Venom Foundation is proud to announce a historic agreement with the government of the Republic of the Philippines to digitize billions of accountable forms using its advanced blockchain technology. Key Highlights Landmark Opportunity and Global Significance This initiative represents a pivotal milestone for Venom and the broader crypto industry. […]
Chainlink (LINK), one of the major players in the decentralized finance space, is currently facing increased bearish pressure in the market. As LINK’s bearish momentum continues to build, key technical indicators are signaling the potential for further loss toward the critical support level at $12 for the cryptocurrency. With this current price movement, Chainlink could […]
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