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SOL and SUI Gain Momentum as BTC Price Stabilizes at $84K (Weekend Watch)
Bitcoin’s recent performance has been a rollercoaster ride, with the leading cryptocurrency surging over $3,000 on Friday before encountering resistance at the $85,000 mark. Following this peak, BTC has retraced and currently hovers around $84,000, impacted by market volatility and investor sentiment. Starting off the week poorly, Bitcoin lost its footing at the crucial $86,000…
Continue ReadingBitcoin’s megaphone pattern, explained: How to trade it
The Bitcoin megaphone pattern, often referred to as a broadening formation, offers a nuanced perspective on market dynamics, particularly highlighting the volatility inherent in cryptocurrency trading. Unlike traditional chart formations, the megaphone pattern is characterized by an expanding structure that comprises at least two higher highs and two lower lows. This divergence in trendlines creates…
Continue ReadingWill ETH Fall to $1,250?
The largest altcoin by market capitalization is currently facing a challenging period amid a broader market uptick that has seen Bitcoin and other assets reaching fresh all-time highs. Ethereum (ETH) recently suffered a significant drop, plummeting to below the $1,800 mark, a level not seen since November 2023. Analysts and investors alike are now pondering…
Continue ReadingBitcoin Price Targets $90,000 as BTC Whales Go on Accumulation Spree
Bitcoin’s recent price dynamics have captured the attention of both investors and analysts alike, particularly following a dramatic recovery from a four-month low. Following a steep drop to below $77,000 earlier this week, Bitcoin has since rebounded by approximately $7,000. Analysts now speculate that if it can maintain its position above the $84,000 support level…
Continue Reading‘Very possible’ Bitcoin consolidates for 8 months again: 10x Research
Bitcoin Price Action: Analyst Insights on Market Movements Markus Thielen, the head crypto researcher at 10x Research, suggests that Bitcoin may be on the cusp of repeating its price trajectory seen in 2024, a year marked by significant consolidation after reaching remarkable highs. "It’s very possible," Thielen stated in a recent discussion with Cointelegraph regarding…
Continue ReadingCrypto faces ‘starkest’ gap between sentiment and fundamentals: BlockTower
The disconnect between the hesitance of crypto traders and the increasing optimism of crypto builders is shaping a unique landscape for long-term investment strategies, according to industry insights. Ari Paul, the founder of BlockTower Capital, highlighted this divergence on March 14, stating, “This is one of the starkest divergences I’ve seen in sentiment and fundamentals.”…
Continue ReadingTrump’s Strategic Bitcoin Reserve Sparks Backlash Over Alleged Self-Enrichment
In a pointed critique of President Donald Trump’s recent financial policy, Representative Gerald E. Connolly has urged the U.S. Treasury Department to cease its plans to establish a strategic cryptocurrency reserve. Connolly, who is the Ranking Member of the House Oversight and Government Reform Committee, expressed concerns that the initiative appears more advantageous to Trump…
Continue ReadingSacks and his VC firm sold over $200M in crypto and stocks before WH role
David Sacks, the newly appointed White House AI and crypto czar, has rapidly divested a staggering $200 million invested in cryptocurrencies and associated equities, according to a memorandum released by the White House. The document outlined a pre-inauguration sell-off to mitigate any potential conflicts of interest as Sacks transitioned to a high-level governmental role focused…
Continue ReadingCZ Denies Trump-Binance Deal Allegations, Calls WSJ Report Misleading
Changpeng “CZ” Zhao has vigorously rebutted allegations suggesting that members of former President Donald Trump’s family engaged in discussions to take a financial interest in Binance.US. This statement came in response to a report from the Wall Street Journal (WSJ), which indicated that such conversations had indeed occurred. Zhao took to social media on March…
Continue ReadingNew MassJacker malware targets piracy users, steals crypto
A new variant of cryptojacking malware, dubbed MassJacker, is reportedly infiltrating devices of users looking to download pirated software. According to a report released by CyberArk on March 10, this malware hijacks cryptocurrency transactions by swapping stored crypto addresses in the clipboard with those controlled by the attackers. The origin of MassJacker can be traced…
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