Prita Ghozie

Bitcoin Could Skyrocket: Analyst Predicts Big Gains

A popular crypto trader, Kevin Svenson, is predicting a significant Bitcoin price increase. He’s basing his bullish outlook on a key technical indicator. The RSI Indicator Points Up Svenson, who boasts a large YouTube following, is focusing on the weekly Relative Strength Index (RSI). He considers this indicator a reliable predictor of Bitcoin price movements….

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Bitcoin’s Price: Hanging in the Balance?

Bitcoin’s price has been a bit of a rollercoaster lately. Let’s break down what’s happening. February’s Wobbly Bitcoin February wasn’t kind to Bitcoin. It dipped about 8.6% over the month, leaving investors a little nervous. Last week alone saw a 2.24% drop. One crypto analysis group, More Crypto Online, offered some insights into what might…

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Coinbase Wins: SEC Drops Lawsuit

The SEC is dropping its lawsuit against Coinbase, marking a major win for the cryptocurrency exchange and the entire crypto industry. This decision signals a potential shift in the SEC’s approach to crypto regulation. The SEC Backs Down After a 20-month legal battle, the SEC’s staff has agreed to withdraw its case against Coinbase. Coinbase…

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Euro Stablecoin Launch on Stellar: A Game Changer for Cross-Border Payments

Societe Generale, a major French bank, just launched a new euro-backed stablecoin called $EURCV on the Stellar network. This could seriously change how we do stablecoin transactions. Why is $EURCV a Big Deal? $EURCV offers several key advantages: Better Compliance: It’s designed to meet stricter regulations. Lower Costs: Transactions should be cheaper. Better Scalability: It…

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Bitcoin Surges Past $99,000: Is This Rally Sustainable?

Bitcoin’s price recently climbed above $99,000, but experts are raising concerns about how long this upward trend will last. One key indicator points to potential trouble. Open Interest: A Warning Sign? A recent analysis of Bitcoin’s “Open Interest” – the total number of open derivative contracts – reveals a significant spike coinciding with the price…

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