Friday, November 8, 2024
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Bitcoin gears up for $47K assault — Can BTC price overcome make-or-break resistance?

Bitcoin (BTC) looked set to challenge critical $47,000 resistance on Tuesday amid a perfect storm of dwindling supply and “exhausted” bears.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewHodlers vs. whales in the battle for $50,000 retestData from Cointelegraph Markets Pro and TradingView followed BTC/USD as it hit local highs above $46,600 on

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Cardano Prepares For Assault On DeFi, Unveils New Stablecoin

Cardano is close to its final Hard Fork Combinator (HFC) event “Alonzo” to implement smart contract capabilities on the mainnet. Developers, community projects, and IOG are preparing for the milestone and the potential growth of the network’s ecosystem. Recently, IOG released a paper describing a new algorithm stablecoin to be launch

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