Bitcoin price is gaining bearish momentum below $112,500. BTC is struggling to recover and might continue to move down toward the $105,500 level. Bitcoin started a fresh decline below the $112,000 zone. The price is trading below $112,000 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance […]
Ethereum has achieved a new milestone by surpassing its previous all-time high set in 2021, climbing above $4,900 before a slight correction. At the time of writing, ETH trades around $4,655, representing an 8.2% gain over the past week. This rally comes after three years of consolidation below its former peak, marking a significant moment […]
Key Takeaways Six firms filed S-1 amendments for spot XRP ETFs while Grayscale submitted a new filing for its XRP Trust ETF. Powell’s signal of September rate cuts drove Ethereum to a new all-time high and lifted XRP 10% to $3.10. Share this article Six major asset managers, Bitwise, Canary Capital, CoinShares, Franklin Templeton, 21Shares, […]
by Enoch Mwathwa Michael Saylor has hinted at another Bitcoin purchase for Strategy this month. If confirmed, it would be the company’s third acquisition in August, extending its aggressive approach to Bitcoin accumulation despite recent market turbulence. Strategy’s August Purchases and Growing Holdings Strategy’s most recent purchase came on August 18, when it acquired 430 […]
Bitcoin price is attempting to recover from $110,650. BTC is back above $112,200 but faces many hurdles on the way up to $115,000. Bitcoin started a recovery wave above the $112,000 zone. The price is trading below $114,000 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance […]
Ethereum’s rally this month has been sharp, but traders are being warned to watch September closely. Related Reading Ether climbed about 20% since the start of August, trading at $4,745 at the time of publication. Prices even pierced $4,860 after dovish remarks from US Federal Reserve Chair Jerome Powell at the Jackson Hole symposium, a […]
Crypto equities, which had strongly outperformed Bitcoin over the past 18 months, are now showing signs of fatigue. Amidst a broader market pullback, investors appear to be fleeing riskier corners of the market. No IPO, No Catalyst After a stellar 18-month run, crypto equities are beginning to lose momentum relative to Bitcoin, according to the […]
by Enoch Mwathwa Japan has proposed to restructure the taxation of cryptocurrency. The reform would harmonize the taxation of digital assets with that of stocks and bonds. If approved, the plan could set the stage for cryptocurrency exchange-traded funds (ETFs) in the country. The move is part of Tokyo’s long-term plan to become a global […]
According to crypto analyst Cas Abbé, Dogecoin’s current movement suggests it is stepping into a new expansion phase after an extended period of accumulation. This development comes after months of relatively muted sentiment with strong price support, which now appears to be forming the groundwork for another strong breakout. Notably, technical analysis of various charts […]
Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing […]
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