Author: cryptotechbro
Bitcoin (BTC) is trading below the $90,000 mark after a bearish month of February, with analysts and investors growing increasingly fearful that the price could drop to even lower levels. The broader market has continued to decline, setting fresh lows as uncertainty grips traders. Top analyst Axel Adler shared insights on X, revealing that the dominance of large players on exchanges has risen significantly. In December 2024, this dominance was at $94K, but it has now climbed to 96% compared to other transactions. Since this metric only accounts for the inflow of the top 10 largest transactions per day relative…
Richard Teng, Binance’s CEO, firmly believes that the current crypto dump won’t last long. Referencing crypto’s historical performance, Teng said that, just like traditional assets, crypto reacts to changes in the outside world, but it also bounces back. In anticipation, we highlight four top new crypto tokens to buy now. Crypto Always Rebounds ‘It’s important to view this as a tactical retreat, not a reversal. Crypto has been here before and bounced back even stronger.’ – Richard Teng said on X Another piece of positive speculation from Teng is that the Fed could very quickly change its stance on rate…
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A Solana price recovery could lag Bitcoin and altcoins. Cointelegraph explains why
Introduction BRC-20 tokens are an experimental and inefficient token standard designed for creating fungible tokens on the Bitcoin blockchain. Inspired by Ethereum’s ERC-20 tokens, BRC-20 tokens leverage the Bitcoin Ordinals protocol to inscribe data onto individual satoshis, making them transferable and tradable. Origins of BRC-20 Tokens The BRC-20 token standard was introduced by a pseudonymous developer named Domo in March 2023. This development came shortly after the launch of the Bitcoin Ordinals protocol in January 2023 by Casey Rodarmor, which allowed users to inscribe data onto individual satoshis, enabling the creation of NFTs on the Bitcoin blockchain. The first BRC-20…
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The Securities and Exchange Commission (SEC) closed its investigation into Robinhood Crypto (RHC) without pursuing enforcement actions. This move comes amid the Commission’s efforts to move away from its previous “regulation by enforcement” approach under the new industry-friendly administration. SEC Closes Robinhood Crypto Investigation On Monday, Robinhood announced that the US SEC’s Enforcement Division had closed its 9-month investigation into its crypto arm without taking any enforcement measures. In May 2024, the Commission’s staff issued a Wells Notice to Robinhood, indicating that they would recommend the SEC file an enforcement action for allegedly violating securities law with its US crypto…
Analysts predict FXGuys could surpass Chainlink in 2025, backed by its staking, prop trading funding program, and Trade2Earn model. Find out why. The cryptocurrency market is gearing up for a major shift, with FXGuys emerging as the leading contender to outperform Chainlink in 2025. Analysts are increasingly bullish on its potential as FXGuys continues its Stage 3 presale, raising over $4 million at $0.05 per token. With a strong staking mechanism, an innovative prop trading funding program, and the revolutionary Trade2Earn model, FXGuys is redefining the landscape for traders and investors. >>>JOIN FXGUYS HERE<<< Why FXGuys is Gaining Momentum…
Este artículo también está disponible en español. In a technical chart shared today, crypto analyst Koroush Khaneghah, Founder of Zero Complexity Trading, underscores Solana’s ongoing downtrend, highlighting pivotal support and resistance levels on the SOL/USDT Perpetual (Binance) daily timeframe. According to the chart, Solana has lost several key zones and is currently hovering near the $157 area—what Khaneghah labels as the “last major support level.” The Bearish Argument For Solana “The downtrend continues as SOL gets rejected by another S/R flip and crashes down to the $150 level. Sentiment at an all-time low. Assume continuation until proven otherwise,” Khaneghah writes…
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