Ethereum price is holding gains above the $3,500 zone. ETH could gain bullish momentum if it clears the $3,680 resistance zone in the near term.Ethereum retested the $3,450 and is currently moving higher.
The price is trading above $3,500 and the 100-hourly Simple Moving Average.
There was a break above a key bearish trend line with resistance at $3,540 on the hourly chart of ETH/USD (data feed via Kraken).
The pair could gain bullish momentum if it settles above the $3,680 resistance zone.Ether
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-
Ethereum Price Gearing For Another Lift-Off to $4K: Increase Isn’t Over Yet
via newsbtc.com -
Phoenix and Wasabi exit US market amid self-custody wallet crackdown
Recent regulatory action against Consensys and Samourai has instilled fear among other crypto service providers operating in the United States. -
XRP Price Prediction: Analyst Says Prepare For 700% Jump To $4, Here’s When
via newsbtc.comThe bullish predictions for the XRP price are back, even with the bulls struggling to push the crypto on a price surge. EGRAG, a cryptocurrency expert, has made one of these positive forecasts, which is that there will be a price spike of tremendous magnitude. According to the analyst’s recent post on social media, XRP could reach the $4 price level over the long term.
Crypto Analyst Predicts 700% Bullish XRP Price Action
XRP has experienced a small decline in value over the past few -
This 360 treadmill could make Disney’s metaverse a physical playground
YouTuber and Ultimate star MKBHD tested the device using a game controller, his legs, and the Force. -
Expert Says Bitcoin Price Has Topped And Is In Exponential Decay, Why This Is Not A Bad Thing
via newsbtc.comCrypto expert Peter Brandt has boldly claimed that the Bitcoin top for this market cycle may already be in. He made this conclusion based on his “exponential decay” thesis, which he noted may actually be good for the Bitcoin ecosystem.
Why Bitcoin’s Price Has Topped
Brandt explained that historical data suggests that Bitcoin’s price has topped. He further alluded to an “exponential decay,” which he noted could be used to describe Bitcoin. Brandt’s expone -
Apple reportedly courting OpenAI to develop AI features for iPhone
The Cupertino company is also considering a partnership with Google. -
The Machines Know: Bitcoin Primed For Epic Price Surge To $77,000
via newsbtc.comThe cryptocurrency world is abuzz with speculation after a deep learning model projected a dramatic price increase for Bitcoin (BTC) within the next month. However, despite the AI’s bullish outlook, financial experts urge investors to approach the prediction with a healthy dose of skepticism.Bitcoin Price Stagnant, But AI Model Foresees Bright Future
For the past week, Bitcoin has been stuck in a holding pattern, hovering stubbornly around the $64,000 mark. This lack of volatility has left -
Bitcoin Drops Below 4-Hour MA – Bearish Trend Ahead?
via newsbtc.comFollowing a pullback, the price of Bitcoin has continued on its downward movement. The coin, after failing to break above the 100-day Simple Moving Average (SMA) and the trend line has experienced a drop of over 6% from its previous high.
Will the price of BTC continue to move in a downward direction or will it reverse and start moving in an upward direction?
As of the time of writing, the price of BTC was trading around $62,972 which is about 28% down from its all-time high and was down by 1.27 -
Taiwan prosecutors target 20-year sentences for ACE exchange suspects
According to the prosecutors, the increased scale of the losses justifies the sentence recommendation. -
Bitcoin Raises Bull Flag, Formation Triggers Calls For $100,000
via newsbtc.comA bull flag recently formed on the Bitcoin chart, raising the possibility of a trend reversal soon enough as the flagship crypto makes significant moves to the upside. This crypto analyst suggests that the crypto could rise to as high as $100,000 when it makes that move.Bitcoin’s Bull Flag Suggests More Upside
Denis Baca, Head of Product at Zivoe Finance, noted that the bull flag formation on Bitcoin’s daily chart historically suggests that the crypto token is primed for more upsides -
Mauritania and G+D Partner to Develop National Digital Currency
via crypto-news.netIn a significant move towards embracing digital innovation, Mauritania’s central bank, in collaboration with Giesecke+Devrient (G+D), a renowned SecurityTech company, has initiated the development of a digital version of the national currency, the Ouguiya, according to a recently published press release. Announced during the International Monetary Fund (IMF) and World Bank Group Spring Meetings in […]
The post Mauritania and G+D Partner to Develop National Digital Currency appeared -
Understanding the IRS’s New 1099-DA Form: What It Means for Cryptocurrency Taxation
via crypto-news.netThe Internal Revenue Service (IRS) has recently unveiled the first draft of the 1099-DA form, tailored specifically for digital asset transactions. This development is a significant step in the integration of digital assets into the regulatory framework of the financial system, reflecting their growing prevalence. As digital assets increasingly intersect with traditional finance, comprehending the […]
The post Understanding the IRS’s New 1099-DA Form: What It Means for Cryptocurrenc -
Franklin Templeton lists Ethereum ETF on DTCC
The DTCC listing does not guarantee SEC approval of Franklin’s spot Ether ETF application. -
Franklin Templeton launches Ethereum ETF, listed on DTCC
The DTCC listing of the Franklin Templeton Ethereum spot ETF does not guarantee SEC approval of the S-1 filing for a spot Ether ETF. -
What is liquid staking, and how does it work?
Liquid staking reduces the minimum threshold required to earn block rewards and simultaneously enables the tokenized representation of staked assets. -
Bitcoin Sell Calls Going Through The Roof: But Is It Really Time To Sell?
via newsbtc.comThe story has not been any much different for Bitcoin, with its price still stuck in a consolidation range in the past week. The sluggishness of the premier cryptocurrency – and the general market – has continued despite the completion of the halving event over a week ago.
The halving event, which saw mining rewards take a significant cut, was expected to usher in another round of bullishness for the Bitcoin price. On the contrary, investors appear to be getting frustrated with the s -
DTCC rules out collateral for Bitcoin-linked ETFs
This notice means that exchange-traded funds and similar investment instruments with Bitcoin or other cryptocurrencies as underlying assets will not be assigned any collateral value. -
Bitcoin Enters ‘Danger Zone’ Post-Halving, Analyst Warns Of Potential Downside
via newsbtc.comFollowing the halving event on April 19, the price of Bitcoin has displayed a puzzling performance. BTC initially gained nearly 10% to trade as high as $67,020 on April 24. However, in the last two days, the digital asset’s price has declined by 6.49%, falling below the $63,000 price mark.
As expected, such negative performance has drawn attention from investors and market speculators. In particular, renowned analyst with X handle Rekt Capital has provided a theory on Bitcoin&r -
Nvidia shares up 15% in 5 days — Will AI crypto tokens follow?
Nvidia's share price saw a 15% increase after a brief slump during the previous trading week, prompting analysts to speculate about the price movements of AI crypto tokens. -
DOJ Disputes Roman Storm's Characterization of Tornado Cash Operations in New Filing
via coindesk.comThe U.S. Department of Justice rebuffed Roman Storm's motion to dismiss criminal charges against him late Friday. -
Forbes Unveils 20 Crypto ‘Zombies,’ Declares Ripple And XRP Among The Undead
via newsbtc.comIn a controversial report, Forbes unveiled a list of 20 “crypto billion-dollar zombies,” Layer 1 (L1) tokens, which the news outlet defines as crypto assets with substantial valuations but “limited utility beyond speculative trading.”
These cryptocurrencies and projects include Ripple, XRP, Ethereum Classic (ETC), Tezos (XTZ), Algorand (ALGO), and Cardano (ADA), among others.
XRP And Ethereum Classic In The Spotlight
Ripple Labs, the company behind XRP, was hi -
Republic First Bank closed by US regulators — crypto community reacts
Republic First Bank's 32 branches across the United States will reportedly reopen under Fulton Bank starting next week. -
Expert Makes Bold Call: It’s Time To Swap Your Dollars For Bitcoin
via newsbtc.comBillionaire investor Anthony Scaramucci, the founder of SkyBridge Capital, recently discussed the viability of financial assets. He took to X, a social media platform previously known as Twitter and owned by Elon Musk, to highlight the decreasing purchasing power of the United States dollar in comparison to the potential of Bitcoin (BTC).
US Dollar Vs. Bitcoin Value Performance
In the post on X, the SkyBridge Capital founder pointed out that a dollar from 2020 is now only worth about 75 cents, u -
Timing The Breakout: When Will Bitcoin Escape The Post-Halving Consolidation?
via newsbtc.comBitcoin (BTC), the largest cryptocurrency in the market, has been trading within a re-accumulation range between the $59,000 and $70,000 price levels for the past month and a half.
Crypto analyst Rekt Capital recently shared its perspective on this phase and its potential duration, drawing from historical patterns and data in a post on social media platform X (formerly Twitter).Breakout Timing And Historical Patterns
According to Rekt’s analysis, Bitcoin tends to experience a re-accu -
Brace For Price Impact: Dogecoin Whales Move Massive 456 Million DOGE To Exchanges
via newsbtc.comRecent on-chain data has shown a transfer of 456 million DOGE tokens into crypto exchange Coinbase amidst a flurry of Dogecoin whale transactions across various exchanges in the past 24 hours. The price of DOGE has majorly traded below the $0.165 price level in the past seven days despite the price uptick among other meme coins. These recent events of whale transfers, however, appear to be leading to a bearish view towards DOGE. Transfers of this nature into a crypto exchange point to the whales -
NEAR Protocol Soars 7.3%, Is It Poised To Go Higher?
via newsbtc.comAs the crypto industry navigates the waves of this bull run, projects like NEAR Protocol (NEAR) are edging forward with new partnerships and developments. NEAR’s remarkable performance has crypto analysts considering that the toke is getting underway for a massive surge.Is NEAR Protocol A “Market Leader”?
At the beginning of the week, crypto analyst World of Charts recognized a bullish flag pattern formed on NEAR’s monthly chart. According to the analyst, a successful bre -
‘Lost’ Yuga Labs restructures again, with layoffs, new executive
The creator of the Bored Ape Yacht Club has been struggling with a changing market and still plans to focus on its Otherside metaverse project. -
Crypto Biz: X payment system, Block moves into Bitcoin mining and more
This week’s Crypto Biz examines X’s upcoming payment system, the NYSE’s potential 24/7 trading, Block’s expansion into Bitcoin mining, and more. -
Bitcoin Under Pressure But Whales Hold Over $331 Billion Of BTC: A Sign To Buy?
via newsbtc.comWhile Bitcoin prices struggle for momentum and are caged inside a narrow range, on-chain data tells a different story. Taking to X, one analyst notes that whales, which are large crypto holders, are actively accumulating the world’s largest coin by market cap. Bitcoin Whales Accumulating Despite Weakness
By the time this data was shared, Bitcoin whales held over 5.1 million BTC worth a staggering $331 billion. That there is still demand when the coin moves in a narrow range flies -
Pollbits Announces Full-Scale Cryptocurrency Services and Enhanced Trading Features - Coinspeaker
via news.google.comPollbits Announces Full-Scale Cryptocurrency Services and Enhanced Trading Features Coinspeaker
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