Author: cryptotechbro
El Salvador has once again increased its Bitcoin reserves, thereby expanding its ambitious strategy of incorporating cryptocurrency into its national economy. The country’s total Bitcoin holdings have increased by five, bringing the total to an estimated 6,055 BTC, which is worth over $600 million at current prices. El Salvador: An Expanding Bitcoin Strategy The government is moving faster now in buying Bitcoin compared to before, when it only bought one Bitcoin each day. El Salvador has bought more than 50 BTC in the last month, showing a stronger effort to increase its digital currency holdings. El Salvador Bitcoin Holdings. Source: Bitcoin…
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Dogecoin declined heavily below the $0.280 support against the US Dollar. DOGE is now recovering and might face hurdles near $0.270. DOGE price started a fresh decline below the $0.2850 and $0.2650 support levels. The price is trading below the $0.280 level and the 100-hourly simple moving average. There is a major bearish trend line forming with resistance at $0.270 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could start another increase if it clears the $0.250 and $0.270 resistance levels. Dogecoin Price Dives 30% Dogecoin price started a fresh decline from the $0.3250…
“This is undoubtedly my highest conviction macro trade for the year,” Bitwise executive and analyst Jeff Park wrote on social media.
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Ethereum (ETH) surged past $3,400 today, marking the second consecutive day that the digital asset has outperformed Bitcoin (BTC) in price action. Meanwhile, Donald Trump-linked decentralized finance (DeFi) project, World Financial Liberty (WFL), continues to accumulate more ETH. Ethereum Crosses $3,400, ETH Holders Rejoice Momentum appears to be shifting in favor of the second-largest cryptocurrency by market cap, as ETH soared past $3,400, registering a 4.4% gain in the past 24 hours. Analysts are now predicting strong price appreciation in the near future. Crypto analyst Ted noted that ETH has entered its short-term expansion phase and could climb to $4,000…
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Este artículo también está disponible en español. Volatility remains the norm in the Bitcoin market, with aggressive price swings defining the past few days. On Monday, BTC dropped to $97K before surging to $106K yesterday. However, the price has since retraced and now consolidates around the $102K mark, keeping investors on edge about its next move. Related Reading Top analyst Daan shared key insights from Coinglass, revealing that Bitcoin has mostly traded with a Coinbase discount over the past month, as indicated by the Coinbase premium index. This means that other spot exchanges are pricing BTC higher than Coinbase, signaling…
UBS is testing blockchain for digital gold trading using ZKsync, aiming to enhance security, scalability and accessibility for retail investors.
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