A respected crypto analyst who correctly predicted the bottom of Bitcoin’s 2018 price crash believes that Dogecoin (DOGE) is poised for a major rally. Dogecoin (DOGE) According to the analyst, known as Bluntz, DOGE has completed a three-wave correction and is now ready to surge higher against both the US dollar and Bitcoin. Bluntz believes…
Cryptocurrency analyst Kevin Svenson predicts that Bitcoin (BTC) is on the verge of a wild ride. Volatility to Skyrocket According to Svenson, Bitcoin is about to enter the fourth stage of a parabolic curve pattern. This stage typically precedes a breakout to a higher level, known as the “sell point” or correction zone. “If we…
Despite Bitcoin’s recent price decline, analysts predict a possible rebound in spot Bitcoin ETF netflows. $56,000: A Critical Level Analyst Ki Young Ju believes that demand for Bitcoin ETFs typically increases when the cryptocurrency reaches certain support levels. Notably, new ETF buyers have an on-chain cost basis of $56,000. If Bitcoin approaches this price point,…
Promoting Transparency in Cryptocurrency Gary Gensler, Chair of the SEC, has called for greater transparency in the crypto industry. He believes that mandatory disclosure and registration requirements are essential for protecting investors. Evasion of Registration Requirements Gensler criticized crypto firms that avoid registering with the SEC, which allows them to evade mandatory disclosure. He compared…
Dogecoin Could Hit $1 Crypto analyst DonAlt believes Dogecoin (DOGE) has the potential to soar to $1. This would be a significant increase from its current price, potentially surpassing its previous high of $0.7376. Entry Point and Bitcoin’s Influence DonAlt suggests $0.1 as a good entry point for investors looking to buy DOGE. He also…
Marcie Jastrow’s Response Marcie Jastrow, advisor for the Shiba Inu Metaverse project, has denied involvement in any scams. She says she left a company due to disputes over intellectual property, not fraud. Trophias’ Accusations Trophias, a former member of the SHIB Defense Breed, accused Jastrow of being a “professional scammer.” However, Jastrow did not address…
Prison Sentence in Montenegro Do Kwon, co-founder of Terraform Labs, was arrested in Montenegro in March 2023 for using a fake passport. He was sentenced to four months in prison, which he has now served. Release and Restricted Movement Kwon is scheduled to be released on March 23, 2024. However, he will not be allowed…
Price Movement Ethereum (ETH) has recently dipped below the 100-day Moving Average (MA) in both the 1-hour and 4-hour timeframes. This suggests a potential downward trend. Indicators Support and Resistance: Support is at $3,067, while resistance is at $3,681 and $3,591. 4-Hour RSI: The RSI signal line is below 50, indicating a downward trend. 4-Hour…
Limited Supply and Demand Bitcoin’s unique feature is its limited supply, unlike any other currency. New Bitcoins are created every 10 minutes, but the issuance rate is reduced by 50% every four years in a “halving” event. This programmed scarcity creates a supply-and-demand imbalance. As more people adopt Bitcoin, demand increases. However, the supply is…
An Atlanta woman is facing financial hardship after a major bank suddenly froze her account and refused to release her funds. Account Locked Without Warning Shelley Camp says Green Dot Bank locked her account without warning, citing “unusual activity.” The bank’s decision left her stranded with no access to her money. Forced to Rely on…
