Bitcoin bear trap over? BTC price fractal hints at parabolic move next
Bitcoin still faces significant resistance at $62,000, and if it breaks, it would liquidate over $845 million of leveraged shorts. Go to Source
Month: August 2024
BlockDAG X1 Miner App: Kaspa Price & Optimism Bull Run
Best Bet for Next Bull Run – BlockDAG’s X1 Miner App Hits 100K Users as Optimism & Kaspa Prices Surge Kaspa Price has surged recently, catching the eye of investors with its strong upward movement. Optimism (OP) is also in the spotlight as it approaches a potential bull run, fueled by increasing demand and growing … Read more
Nexio Raises $2.2M in Pre-Seed Funding, Launches Parallelized Bitcoin Rollup to Revolutionize Bitcoin’s Scalability
PRESS RELEASE. New York, August 9th, 2024 – Nexio, a pioneering Bitcoin scaling solution leveraging parallelized rollup technology, today announced that it has raised $2.2 million in pre-seed funding from a diverse roster of prominent industry investors. This funding will enable Nexio to accelerate the development and adoption of its parallelized Bitcoin rollup technology, aiming … Read more
MiCA regulation poses ‘systemic risk’ to banking system, says Tether CEO
According to Tether CEO Paolo Ardoino, recently approved MiCA regulations threaten both banks and stablecoin issuers. Go to Source
Cryptoquant Insights Warn: Bitcoin’s MVRV Ratio Signals Bearish Turn
The price of bitcoin (BTC) recently fell sharply due to unfavorable macroeconomic factors, with key support levels being tested once again. Analytics provided by Cryptoquant’s Institutional Insights report reveal that the market sentiment has turned bearish, with increased selling pressure and critical valuation metrics suggesting potential for further decline. Cryptoquant Analysis: Bitcoin Plummets Amid Bearish … Read more
Regulators postpone listing decision for Hashdex Nasdaq Crypto Index ETF
If approved, the ETF would be the first US fund to hold a diversified portfolio of spot cryptocurrencies. Go to Source
Brett Price Rises Above $0.1 as Base Dawgz ICO Nears $3M
Investors are going mad for meme coins again, and this time, Brett (BRETT) is benefiting. This Base chain meme coin has soared past the $0.10 level this week. Meanwhile, a newer contender, Base Dawgz (DAWGZ), is already building a strong position in its ICO – raising over $2.8 million from early backers. BRETT Bounces Back … Read more
Price analysis 8/9: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB
Buyers are struggling to build upon Bitcoin’s sharp recovery on Aug. 8, indicating that the bears remain active at higher levels. Go to Source
Plan B Predicts Bitcoin Still on Track to Hit $100K in 2024 Despite ‘Early’ Bull Market
The pseudonymous bitcoin analyst known as Plan B, known for his work on the “stock-to-flow” (S2F) bitcoin price model, believes bitcoin’s market may have entered a bullish phase prematurely. While he suggests that the market has been “front-running,” Plan B remains confident that the top cryptocurrency will still hit $100,000 in 2024. Bitcoin’s Early Bull … Read more
Automobili Lamborghini Partners With NFT Gaming Giant Animoca Brands
Automobili Lamborghini and Animoca Brands, known for non-fungible tokens (NFTs), Web3 gaming, and the metaverse, have announced a collaboration to enhance brand engagement in the automotive industry. This partnership aims to deliver unique experiences for Lamborghini’s fans and customers by integrating digital technologies. Creative design studio Gravitaslabs and Motorverse, a global ecosystem for digital vehicles … Read more