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Bitcoin Just Hit $88K — But This Metric Says ‘Crash Ahead’
Bitcoin’s recent price movements have captured significant attention as it ascended above the formidable $88,000 mark, marking its highest point since early March. However, this surge may be indicative of a momentary spike rather than a sustained trend. Technical indicators are signaling overbought conditions, raising concerns among market analysts regarding a potential correction. The core…
Continue ReadingShuttered Russian Crypto Exchange Garantex Rebrands as Grinex, Global Ledger Finds
Garantex, a notorious Russian cryptocurrency exchange known for its connections to ransomware groups and the illicit activities of oligarchs, has reportedly resurfaced under a new guise less than two weeks after law enforcement actions dismantled its operations. The newly branded exchange, named Grinex, has elicited scrutiny from blockchain analysts who suggest it is a direct…
Continue ReadingHow high can XRP price go?
XRP (XRP) has seen a significant decline of nearly 30% after reaching a seven-year peak of $3.39 in January. However, positive developments, such as the potential resolution of Ripple’s SEC lawsuit and a new regulatory license in Dubai, have spurred a notable rebound. As of March 24, XRP trades at approximately $2.47, reflecting a 38%…
Continue ReadingRipple to Break Records? This One Trigger Could Send XRP Skyrocketing
Ripple’s XRP has been making headlines recently, primarily due to significant developments in its ongoing legal battle with the U.S. Securities and Exchange Commission (SEC). Following the SEC’s decision to drop its appeal against Ripple, XRP’s price soared briefly to $2.60, showcasing the immediate positive impact of such legal changes on market sentiment. Currently, XRP…
Continue ReadingCoinbase CLO Critiques U.S. Treasury’s Claim That Court Ruling on Tornado Cash Is Moot
Paul Grewal, the chief legal officer of Coinbase, has publicly addressed the U.S. Treasury’s recent move regarding Tornado Cash, a cryptocurrency mixer that was previously blacklisted due to its suspected involvement in laundering funds linked to cybercriminal activities. On March 21, the Treasury Department’s sanctions enforcement branch announced the removal of Tornado Cash from its…
Continue ReadingBitcoin ‘more likely’ to hit $110K before $76.5K — Arthur Hayes
Market analysts are now voicing optimistic predictions for Bitcoin’s price, suggesting that it may soar to a new all-time high of $110,000 before experiencing any significant retracement. Various factors underpinning this bullish outlook include easing inflation and an increase in global liquidity. Recently, Bitcoin (BTC) has shown a notable surge, closing above $86,000 on March…
Continue ReadingBTC Eyes $90K, but Momentum Shows Signs of Weakness
Bitcoin is currently experiencing a phase of recovery, having found significant support at the 200-day moving average. However, this recent upward momentum appears to be somewhat fragile, implying that the bounce may merely represent a temporary correction, rather than the inception of a solid uptrend. Technical Analysis The Daily Chart Bitcoin has shown some tentative…
Continue ReadingRipple, Dogecoin Edge Higher, Ether Burn Falls to Record Low
Bitcoin (BTC) soared past $87,000 this Monday, marking a bullish start to the week for major cryptocurrencies. Alongside Bitcoin, solana (SOL), xrp (XRP), and dogecoin (DOGE) each gained more than 4%. Traders are now closely monitoring upcoming U.S. economic data for guidance on potential market movements. Over the weekend, Bitcoin fluctuated around $85,000, held down…
Continue ReadingDohrnii Labs accuses Blynex of illegally liquidating token assets
Dohrnii Labs has escalated its dispute with Blynex, a local cryptocurrency exchange in the United Arab Emirates, by lodging a police report. The learn-to-earn platform allege that Blynex liquidated over $500,000 worth of its tokens without authorization and failed to provide a promised loan. The conflict traces back to March 23, when Dohrnii Labs deposited…
Continue ReadingMetaplanet Buys $12.6M in Bitcoin, Boosting Holdings to 3,350 BTC
Metaplanet has made headlines recently by substantially increasing its Bitcoin holdings to a total of 3,350 BTC, following a strategic purchase of 150 BTC valued at approximately $12.6 million. This move is part of the firm’s aggressive expansion strategy, which has seen it acquire 1,288 BTC in just the first 11 weeks of 2025. In…
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