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Bitcoin (BTC) faces a “breakdown” and distribution despite a new macroeconomic paradigm being around the corner.That was one of the conclusions of quantitative Bitcoin and digital asset fund Capriole Investments, which, in its latest update, warned that Bitcoin was “not yet” ready to flip bullish.Capriole: Bitcoin fundamentals say “not yet”United
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Coinbase has retracted its earlier statement that the US SEC had requested it to suspend all trading except for Bitcoin. Coinbase’s CEO Brian Armstrong previously said that the U.S. Securities and Exchange Commission had requested it to
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Polygon (MATIC) has been experiencing a mix of price action, with a 24-hour rally of 3.5% that hints at potential positive movement. However, the coin has suffered a 4.4% slump over the past seven days, indicating underlying bearish sentiments in the market. Despite the short-term surge, the weekly time frame presents
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The United Arab Emirates is becoming the next big focus for Binance in the wake of a slew of enforcement actions in the United States against the crypto exchange.Speaking to Cointelegraph, Binance Dubai general manager Alex Chehade said the UAE is a prime destination for crypto businesses seeking a clear
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Following the Federal Reserve’s decision to pause interest rates, bitcoin experienced a decline, with prices slipping to $25,000. The cryptocurrency market is grappling with intricate security law matters, and ethereum (ETH) has also witnessed notable volatility,
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Ether’s price plunged 7% between June 14 and June 15, reaching its lowest level in three months and impacting investors’ view that the altcoin was en-route to turning $2,000 to support. It is worth noting that the $1,620 bottom represents a $196 billion market capitalization for Ether (ETH), which is higher than
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Global leaders appear to have reached a consensus on setting up universal rules and standards for most aspects of the crypto sector save for the treatment of stablecoins. Source
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Recent moves by Saudi Arabia, Russia and China have raised fears that the U.S. dollar could lose its preferred status for oil trading. And yet alternative national currencies aren’t that appealing. Could a Bitcoin-like currency do better? Original Source
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On-chain analytics firm Glassnode published a report hinting that investors are rotating capital toward risk-off assets like stablecoins and Bitcoin. Technicals show that altcoins are at a crucial turning point between a positive and a negative breakout.Glassnode’s analysis of Uniswap and futures trading volumes reveals that the uptrend that began
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Bitcoin (BTC) held its most recent gains into May 27 as traders called for a change in “bearish” market sentiment.BTC/USD 1-hour candle chart on Bitstamp. Source: TradingViewTrader awaits "pretty major move" for BTC priceData from Cointelegraph Markets Pro and TradingView followed BTC/USD as it entered the weekend at around $26,700.The
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