Author: cryptotechbro
Este artículo también está disponible en español. Bitcoin (BTC) has been consolidating above the $90,000 support zone for the last ten days, reaching its latest all-time high (ATH) of $99,645 about a week ago. Since then, the cryptocurrency has closed below a short-term downtrend line, failing to break above it and potentially risking a drop to two-week lows. Related Reading Bitcoin Faces ‘Moment Of Truth’ Bitcoin is having one of the best months in the cryptocurrency’s recent history, jumping over 47% from its monthly opening to its latest ATH. Since November 18, BTC has been moving within the $90,000-$99,000 price…
Spot Ether ETFs racked up $224.9 million in net inflows over the last four trading days — around $190 million more than the spot Bitcoin ETFs.
The planned council would influence U.S. crypto policy and implement Trump’s promised Bitcoin reserve. Several crypto firms and their members are seeking positions on a crypto advisory council under Donald Trump’s upcoming presidency, Reuters said on Nov. 21. Companies including Coinbase, Kraken, Ripple, and Circle — as well as the VC firms Paradigm and a16z Crypto — could obtain board positions. So far, Circle’s plans to join appear to be the most definite. Circle CEO Jeremy Allaire told The New York Times in November that he wants a position on the council, according to a spokesperson cited by Reuters. Reuters…
IntroductionScholars dispute whether it was Mahatma Gandhi who first said, “First they ignore you, then they laugh at you, then they fight you, then you win.” What cannot be disputed is that advocates of bitcoin have adopted the aphorism as their own.Bitcoiners commonly prophesize that at some point, bitcoin will replace the US dollar as the world’s predominant store of value.[1] Less frequently discussed is the essential question of exactly how such a transition might take place and what risks may lie along the path, especially if the issuers of fiat currency choose to fight back against challenges to their…
Chris Giancarlo, a leading candidate to head the US Commodity Futures Trading Commission (CFTC) and author of the book “Crypto Dad,” recently addressed key aspects of President-elect Donald Trump’s ambitious plans for the crypto sector. In an interview with Fox Business, Giancarlo highlighted Trump’s vision of making the United States the global hub for cryptocurrency and discussed the proposed establishment of a strategic Bitcoin reserve. Major Changes In Crypto Regulation Under Trump During the interview, Giancarlo noted that the current regulatory landscape for cryptocurrencies is in flux, with significant changes anticipated once Trump assumes office on January 20. The former…
XRP price is consolidating near the $1.450 zone. The price is showing positive signs and might soon aim for a fresh move above the $1.50 level. XRP price is eyeing a fresh increase above the $1.465 resistance zone. The price is now trading above $1.450 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $1.4580 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might gain momentum if it clears the $1.500 resistance. XRP Price Holds Gains Above $1.40 XRP price remained supported near the…
Investors rotate into altcoins along a risk curve, starting with large-cap assets and eventually migrating into riskier low-cap coins.
Bitcoin’s mining difficulty has increased to 102 terahashes, highlighting a more secure network and growing competition among miners. November 25 saw a notable spike, with miners transferring $181 million worth of Bitcoin to exchanges. While such movements often signal market peaks, this activity aligns with operational growth rather than overvaluation ION Mining is a powerful cryptocurrency mining platform that allows you to passively earn Bitcoin, regardless of technical knowledge or financial resources, with no strings attached. Once you have mined $100 worth of Bitcoin, it can be transferred to your account for trading, and any profits belong to you and…
I have to call BS on this claim that Michael Saylor is now Bitcoin’s overlord and can single-handedly decide its fate. That’s just ridiculous.During some drama about whether MicroStrategy’s valuation makes sense, Vinny Lingham declared Saylor is the second most powerful person in Bitcoin after Satoshi Nakamoto. He argued Saylor can dictate terms by threatening to dump MicroStrategy’s giant bitcoin stash if he doesn’t get his way.While questioning MicroStrategy is fair game, the notion Saylor controls Bitcoin’s destiny is intellectually dishonest drama-baiting. Vinny knows better.Bitcoin is decentralized, permissionless, and based on consensus. No single entity, not even the largest holder,…
Este artículo también está disponible en español. Cardano (ADA) surged past the $1 mark over the weekend, marking a significant milestone in its recent rally. However, after reaching a multi-year high of $1.15, the cryptocurrency is now navigating a 17% correction as profit-taking sets in. Despite the pullback, the long-term outlook for Cardano remains bullish, fueled by renewed market momentum over the past three weeks. The price action reflects a maturing market, with ADA consolidating gains and building a foundation for its next move. On-chain data from IntoTheBlock highlights robust growth in network activity, signaling increased interest and adoption. This…