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Crypto.com CEO: Bitcoin Price Dip Likely After Halving but ‘Great Performance’ Within 6 Months

vor 26 Minuten

The chief executive of Crypto.com has warned of some selling coming up as we approach the Bitcoin halving, citing the “buy the rumor, sell the news” strategy. Noting that what’s happening in the bitcoin market currently resembles previous cycles, he stressed: “I personally expect great performance within the next six months.” ‘There May Be Some

Bitcoin halving optimism faces challenges from economic realities: Goldman Sachs

vor 27 Minuten

Goldman Sachs questions the bullish outlook for Bitcoin's halving amid high inflation and interest rates, suggesting a shift in market dynamics. The post Bitcoin halving optimism faces challenges from economic realities: Goldman Sachs appeared first on Crypto Briefing .

Bitcoin Miner Stocks Decline Ahead of Halving, Miners Remain Optimistic

vor 28 Minuten

With the upcoming Bitcoin halving, the mining sector sees a downturn, reflected in plummeting stock prices, even as top execs stay bullish.

Ethereum Price Holds Strong At $3K But Can Bulls Clear This Hurdle?

vor 33 Minuten

Ethereum price is consolidating near the $3,000 zone. ETH could start a decent recovery wave if it clears the $3,100 and $3,200 resistance levels. Ethereum is struggling to recover above the $3,100 resistance zone. The price is trading below $3,120 and the 100-hourly Simple Moving Average. There is a major bearish trend line forming with resistance at $3,035 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start another decline if it stays below the $3,100 resistance zone. Ethereum Price Holds Ground Ethereum price slowly moved lower after it failed to clear the $3,200 resistance zone. ETH remained in a bearish zone below $3,100 and showed bearish signs, like Bitcoin. Recently, the bears were able to push the price below the $3,000 support zone. However, the bulls were active near the 50% Fib retracement level of the upward wave from the $2,535 swing low to the $3,279 high. Ethereum is now trading below $3,120 and the 100-hourly Simple Moving Average. Immediate resistance is near the $3,030 level. There is also a major bearish trend line forming with resistance at $3,035 on the hourly chart of ETH/USD. The first major resistance is near the $3,100 level and the 100-hourly Simple Moving Average. Source: ETHUSD on TradingView.com The next key resistance sits at $3,200, above which the price might rise toward the $3,280 level. A close above the $3,280 resistance could send the price toward the $3,500 pivot level. If there is a move above the $3,500 resistance, Ethereum could even climb toward the $3,650 resistance in the coming sessions. More Losses In ETH? If Ethereum fails to clear the $3,100 resistance, it could start another decline. Initial support on the downside is near the $3,000 level. The first major support is near the $2,900 zone. The next key support could be the $2,820 zone or the 61.8% Fib retracement level of the upward wave from the $2,535 swing low to the $3,279 high. A clear move below the $2,820 support might send the price toward $2,600. Any more losses might send the price toward the $2,550 level in the near term. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 level. Major Support Level – $2,900 Major Resistance Level – $3,100

Litecoin (LTC) Price Analysis: Bears Take Control Below $90

vor 41 Minuten

Litecoin started a fresh decline from the $105 resistance zone against the US Dollar. LTC price is now trading below $90 and the 55 simple moving average (4 hours). There is a major bearish trend line forming with resistance near $87.50 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair The post Litecoin (LTC) Price Analysis: Bears Take Control Below $90 appeared first on Live Bitcoin News .

The World IT Show 2024 Begins in Seoul

vor 44 Minuten

The World IT Show 2024, the largest information and communications technology exhibition in South Korea, started off in Seoul. According to the organizer, the exhibition will flaunt latest and state of the art technologies of local Korean and global firms. The theme of the three-day event is “Innovation in everyday life, created by artificial intelligence

New Stablecoin Bill Might Bring Some Relief to Investors

vor 48 Minuten

Gillibrand and Lummis emphasized the necessity of requiring stablecoin issuers to maintain one-to-one reserves and implementing state. The post New Stablecoin Bill Might Bring Some Relief to Investors appeared first on Latest News and Insights on Blockchain, Cryptocurrency, and Investing .

Binance seeks to re-enter India by paying $2 million in penalty: report

vor 53 Minuten

It will reportedly return as a registered entity that is compliant with local anti-money laundering laws and tax rules.

AI Tokens Beat Bitcoin – Crypto Market’s New Favorite

vor 1 Stunde

With Bitcoin reaching a new ATH (all-time high) in March 2024, the crypto market has truly entered a bullish cycle. The SEC’s approval of Bitcoin ETFs, growing interest from institutional investors and regulatory clarity have pushed BTC over 150% since last year. Yet, Bitcoin’s rally in this bull market is largely overshadowed by the remarkable The post AI Tokens Beat Bitcoin – Crypto Market’s New Favorite appeared first on The Daily Hodl .

Bitcoin Price At Make-Or-Break Moment, Key Levels To Watch

vor 1 Stunde

Bitcoin price is still struggling below the $65,000 resistance zone. BTC must stay above the $60,000 support zone to avoid a major decline. Bitcoin is still struggling to gain pace for a move above the $65,000 resistance zone. The price is trading below $63,000 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance at $62,650 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could gain bullish momentum if it clears the $63,000 resistance zone. Bitcoin Price Remains At Risk Bitcoin price failed to clear the $64,500 resistance zone. BTC formed a short-term top at $64,450 and started another decline. There was a move below the $63,000 and $62,000 levels. The price even spiked below the $60,000 level. A low was formed near $59,700 and the price is now attempting a fresh recovery wave. The price climbed above the 23.6% Fib retracement level of the recent decline from the $64,444 swing high to the $59,700 low. Bitcoin price is trading below $63,000 and the 100 hourly Simple moving average. Immediate resistance is near the $62,000 level. It is close to the 50% Fib retracement level of the recent decline from the $64,444 swing high to the $59,700 low. The first major resistance could be $62,650 and the trend line. The next resistance now sits at $63,000. If there is a clear move above the $63,000 resistance zone, the price could continue to move up. In the stated case, the price could rise toward $64,500. Source: BTCUSD on TradingView.com The next major resistance is near the $65,000 zone. Any more gains might send Bitcoin toward the $66,500 resistance zone in the near term. More Losses In BTC? If Bitcoin fails to rise above the $63,000 resistance zone, it could start another decline. Immediate support on the downside is near the $60,800 level. The first major support is $60,000. If there is a close below $60,000, the price could start to drop toward the $59,200 level. Any more losses might send the price toward the $58,500 support zone in the near term. Technical indicators: Hourly MACD – The MACD is now losing pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 50 level. Major Support Levels – $60,800, followed by $60,000. Major Resistance Levels – $62,650, $63,000, and $64,500.