Analyst Who Foresaw Bitcoin’s 2018 Collapse Sees A 25% Probability Its Bull Run Is Over
Peter Brandt, a veteran analyst who predicted Bitcoin’s 2018 collapse, said that one metric shows the market leader’s bull run is over. “The fact is Go to Source
Australian Securities Exchange Gears Up To List Spot Bitcoin ETFs This Year
The Australian Securities Exchange (ASX) is expected to approve for listing this year spot Bitcoin ETFs (exchange-traded funds), Bloomberg reported, citing persons familiar with the Go to Source
SEC Launched Formal Investigation Into Ethereum’s Security Status Over a Year Ago, New Court Filing Shows
A new court filing claims that the U.S. Securities and Exchange Commission (SEC), led by Chair Gary Gensler, initiated a formal investigation into ethereum’s potential classification as a security more…
7 AI Chatbots Predict Bitcoin’s Price Post-Halving; See $80K-$100K by Year-End
On April 28, 2024, the price of bitcoin was coasting along at $62,900 per unit as of 7:28 p.m. Eastern Time (ET). Since then, the price fell below the $62K…
Starting a Brokerage With B2Trader: Diversification Strategies for Brokers
B2Broker is a global liquidity provider that combines numerous B2B services under its umbrella, including CRM systems, payment processing solutions, and advanced trading software solutions. Founded in 2014, B2Broker has…
GBTC Reserves Dip Below 300,000 BTC Amidst 3 Weeks of Crypto Fund Outflows
Grayscale’s Bitcoin Trust (GBTC) has witnessed a significant reduction in assets under management, with the trust’s holdings now falling below the 300,000 BTC mark, a key milestone. Additionally, the latest…
This Week’s Crypto Winners and Losers: Helium Surges 34%, ENA Plummets 25%
The crypto market holds steady at a valuation of $2.31 trillion, experiencing a 2.60% decline in the last 24 hours. In the preceding week, bitcoin and ethereum each dipped between…
Ethereum Technical Analysis: ETH’s Consolidation Phase Highlights Potential Downward Trajectory
As ethereum continues its price fluctuations, technical indicators on the 1-hour, 4-hour, and daily charts suggest a bearish outlook with mixed trading signals. Despite some bullish undercurrents, the predominant sentiment…
Bitcoin Technical Analysis: Persistent Bearish Trends Hinder BTC’s Recovery
As of April 29, 2024, bitcoin remains under considerable bearish pressure according to multiple indicators across different time frames. Currently trading at $62,279, bitcoin has shown a 24-hour range between…
Taiwanese Prosecutors Indict 32 Individuals Implicated in $24.5 Million ACE Exchange Fraud Scheme
At least 32 individuals connected to the now-defunct Taiwan-based cryptocurrency exchange, ACE Exchange, have been indicted on fraud charges. Prosecutors have recommended 20-year jail terms for the founder, David Pan,…
Ethereum Fees Plunge To A 6-Month Low, Suggesting An Altcoin Rally Is Coming ”Sooner Than Many Expect,” Santiment Says
Ethereum network fees plunged to a six-month low, suggesting altcoins may rally ”sooner than many expect,” said on-chain intelligence firm Santiment. Ethereum’s gas fees dropped Go to Source
Consensys Seeks Court Ruling to Protect Ether and MetaMask from SEC Overreach
Consensys, the company behind MetaMask, has filed a lawsuit against the U.S. Securities and Exchange Commission (SEC) in a bid to prevent the agency’s attempt to regulate Ether, the native…
Yuga Labs Resumes Layoffs; CEO Says Web3 Platform ‘Lost Its Way’
According to Greg Solano, co-founder of Yuga Labs, the Web3 platform has laid off additional workers partly because it had “lost its way.” Solano also encouraged employees uninterested in the…
Latam Insights: Venezuela to Leverage USDT for Sidestepping Sanctions, Chivo Wallet Disregards Hacking Allegations
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Venezuelan oil company PDVSA could use USDT to…
Veteran Trader Peter Brandt Suggests BTC May Have Topped, Predicts a Decline to Mid-$30K
According to veteran pro trader Peter Brandt, bitcoin may have peaked when it achieved a new all-time high of $73,835. However, there is a possibility that it could now decline…