BNB Analyst DonAlt predicts a breakout for BNB, the native token of the BNB Chain. He believes a dip would be an opportunity to buy, but a drop below $450 would be concerning. The BNB/BTC pair also shows strong dominance. Bitcoin Bitcoin’s behavior around $70,000 and $57,000 will determine its next move. A close above…
Standard Chartered Bank, a major international bank, has issued a warning that Bitcoin’s price could plummet further, potentially reaching $50,000. Factors Contributing to the Decline Macroeconomic factors: Rising inflation and the Federal Reserve’s decision to keep interest rates unchanged are putting pressure on Bitcoin. Crypto-specific factors: Reduced liquidity in the US and outflows from Bitcoin…
Bitcoin Triggering Market Anxiety Cryptocurrency analyst MilkyBull predicts that the Bitcoin price will continue to decline before it rebounds. He believes that the current price drop has caused outflows from Blackrock iShares Bitcoin Trust, a sign of fear in the market. MilkyBull also notes that historically, negative news often precedes a Bitcoin market bottom. Technical…
Cryptocurrency trader Ali Martinez believes that Dogecoin (DOGE) is showing signs of a potential bull run, based on its past price behavior. Historical Patterns Martinez notes that in 2017 and 2021, DOGE broke out of descending triangles on the weekly chart, followed by significant price corrections. In 2017, DOGE retraced 40% before a 982% bull…
Price Drop Sparks Liquidations Bitcoin’s recent dip below $59,000 sent shockwaves through the market. This triggered $120 million in liquidations of futures contracts that bet on a price increase. Not a Mass Exodus Unlike previous selloffs, this liquidation doesn’t indicate a panicked sell-off. Investors are taking a measured approach, suggesting a short-term correction rather than…
Growing Interest in Digital Assets A recent survey by Fidelity Digital Assets shows a surge in institutional interest in cryptocurrencies like Bitcoin. 74% of respondents plan to invest in digital assets, up from 71% last year. US Investors Jump on the Bandwagon US investors have shown a significant increase in their appetite for crypto, with…
Ripple has filed a new document in its ongoing lawsuit against the Securities and Exchange Commission (SEC), arguing that the SEC’s proposed witness is not qualified to testify. Ripple’s Motion to Strike Ripple initially filed a motion to strike Andrea Fox, an accountant at the SEC, as a witness in the case. Ripple argued that…
Slow Progress on Privacy Edward Snowden, the famous whistleblower, has been warning about Bitcoin’s lack of privacy for years. He believes that Bitcoin developers need to add privacy features to the protocol itself. “I’ve been saying this for ten years,” Snowden said. “This is the last chance. Time’s running out.” Wasabi Wallet’s Announcement Snowden’s comments…
The Rise and Fall of FTX FTX, once a crypto giant, collapsed in 2022 amid allegations of mismanagement and misuse of customer funds. Ryan Salame’s Bahamas Deal Ryan Salame, former co-CEO of FTX Digital Markets, has agreed to forfeit his $5.9 million mansion in the Bahamas as part of a plea deal. Allegations and Charges…
AI’s Role in Gaming Artificial intelligence (AI) has become a game-changer in traditional gaming, enhancing gameplay with realistic enemy behavior and player animations. However, its application in Web 3.0 gaming, often referred to as “blockchain” or “NFT gaming,” raises concerns. Web 3.0 Gaming’s Challenges Web 3.0 games have faced criticism for being boring, lacking compelling…
