Analyst TechDev believes the altcoin market is on the verge of a significant surge, similar to the rallies witnessed in 2016 and 2021. Bullish Patterns Emerge TechDev has been tracking the OTHERS chart, which excludes the top 10 digital assets and stablecoins. He notes that OTHERS has formed a “textbook” bullish pattern, breaking out from…
Crypto analyst Credible believes Bitcoin (BTC) is on the cusp of a breakout rally that could push it to new all-time highs. Elliott Wave Theory Analysis Credible uses Elliott Wave theory, which suggests that bullish assets often experience five-wave rallies. He believes Bitcoin has just completed the first wave, which saw it rise from $60,000…
Former President Donald Trump made a surprise appearance at the Libertarian Party convention, where he called for the release of Ross Ulbricht, the founder of the Silk Road online marketplace. Trump’s Pro-Cryptocurrency Stance Trump emphasized his support for cryptocurrency companies and the potential for the US to lead in the field. He promised to appoint…
Distinguishing Bitcoin from Other Cryptocurrencies Samson Mow, a prominent Bitcoin advocate, warns that politicians’ recent embrace of cryptocurrencies could be problematic if they fail to differentiate between Bitcoin and other digital assets. Bitcoin, with its decentralized and censorship-resistant nature, stands apart from many other crypto projects. Need for Bitcoin-Specific Regulations Mow emphasizes the need for…
The SEC recently approved Ethereum spot ETFs, which has sparked discussions about the value and appeal of Ether, especially among older investors. Ethereum’s Selling Point: What Is It? Eric Balchunas, an ETF analyst, questioned if Ethereum has a simple selling point like “Bitcoin is digital gold.” Notable Responses Colin Wu: Ethereum is the “Web 3.0…
Trump’s Support for Crypto Former President Donald Trump has pledged to support cryptocurrency companies if re-elected. He believes the US should lead the global crypto industry and is open to the potential of digital assets. Biden’s Shifting Stance In contrast, President Joe Biden’s administration has taken a more cautious approach to crypto regulation. However, recent…
The native token of Open Campus, a decentralized education platform, has seen a surge of over 117% this week. The announcement that web3 firm Animoca Brands plans to purchase EDU tokens has contributed to the price increase. EDU Token Price EDU is currently trading at $1.10, a significant jump from its seven-day low of $0.505….
Affected Customers and Employees Santander, a major global bank, has announced a data breach that has compromised customer and employee information. The bank has confirmed that customers in Chile, Spain, and Uruguay, as well as current and former employees worldwide, have been affected. Data Exposed The bank has not disclosed the specific data that was…
Crypto analyst Ali Martinez has observed a significant increase in Ethereum (ETH) deposits on crypto exchanges over the past two weeks. This surge suggests increased trading activity, which could lead to price volatility. Sell Signal on Daily Chart According to Martinez, the Tom DeMark (TD) Sequential Indicator is flashing a sell signal on Ethereum’s daily…
Withdrawal of License Application Cryptocurrency exchange giant OKX has announced that it will discontinue its trading services in Hong Kong at the end of May. The decision follows the company’s withdrawal of its application for a virtual asset trading platform license. Reasons for Withdrawal OKX stated that the decision was made after careful consideration of…
