Peter Brandt, a respected crypto analyst, recently shared his insights on an inverted or expanding triangle pattern in Bitcoin’s price chart. According to Brandt, this pattern could potentially impact Bitcoin’s price trajectory. The pattern in question features two descending trend lines that are diverging from one another, which could signal either a continuation or a
As Bitcoin price continues on its volatile path, it has managed to stay above the $57,650 support zone. The recent trend indicates a potential rise in price, with a possible move above the $60,000 resistance zone. The recovery wave has seen the price trading below $60,000 and the 100 hourly Simple Moving Average. Despite these
Aayush Jindal has made a name for himself in the financial markets with over 15 years of experience in Forex and cryptocurrency trading. His journey to becoming a trusted advisor and senior market expert began at a young age, where he displayed a natural talent for deciphering complex systems and patterns. Through his insatiable curiosity
As a Pro-Bitcoin Democrat, House Representative Ro Khanna has indicated that the Biden administration will be releasing a crypto regulation roadmap in the near future. Khanna has expressed hope that these regulations will provide a clear path towards reasonable regulation that will support compliance, innovation, and job creation within the United States. Emphasizing the importance
A recent court filing revealed that a US appeals court has partially overturned the dismissal of a class-action lawsuit against Binance.US, the United States subsidiary of the global Binance exchange. The plaintiff, Ryan Cox, brought forth allegations against both Binance.US and CoinMarketCap regarding the manipulation of the Hex token’s price. In 2021, Cox initiated the
As the cryptocurrency market continues to evolve and fluctuate, one crypto analyst has emerged with a bold prediction for Bitcoin (BTC). Referred to as ‘Sensei’, this analyst has forecasted that Bitcoin’s price could soar to an impressive $72,000 in the near future. With a detailed price chart illustrating parallel trend lines tracking Bitcoin’s recent movements,
Coinbase, one of the leading cryptocurrency exchanges in the United States, has taken a firm stance against the US Securities and Exchange Commission’s (SEC) proposal to broaden the definition of “exchange” to include decentralized exchanges (DEXs). In a detailed comment letter submitted to the SEC, Coinbase’s Chief Legal Officer, Paul Grewal, raised significant concerns about
Ethereum has recently experienced a steady increase in price, surpassing the $2,550 resistance level. This surge in price has positioned ETH ahead of Bitcoin and has the potential to clear the $2,750 resistance zone. The price is currently trading above $2,650 and the 100-hourly Simple Moving Average, indicating a positive trend. A connecting bullish trend
Crypto analyst CryptoCon has once again made a prediction regarding Bitcoin’s local high in this bull run. According to the analyst, the Fibonacci extension indicator is signaling that Bitcoin could reach $109,236 as its next local high. This move is expected to happen by the end of the year, with December 2024 being the likely
Binance, the largest cryptocurrency exchange by trading volume globally, has confirmed that the Venezuelan government has restricted access to its website following controversial presidential election results. This restriction is not only limited to Binance but also extends to various websites of companies from different segments in Venezuela, as well as social networks. The government’s move
