[ad_1] Crypto analyst Daniel has revealed that the Bitcoin price has confirmed its imminent breakout to $106,000. He explained how the technicals and fundamentals support this bullish prediction and currently align for this BTC rally to the $106,000 target. Analyst Predicts Bitcoin Price Breakout To $106,000 In a TradingView post, Daniel stated that the Bitcoin price now appears poised to reach the next significant resistance zone around $106,000, which also aligns with a big resistance level. The analyst noted that the market is now following through with a solid bullish impulse, pushing past intermediate resistance and confirming the continuation of…
Author: NBTC
[ad_1] Jay Clayton, Trump’s next pick for the SDNY’s US Attorney, originally filed the SEC’s lawsuit against Ripple. Clayton promised to end crypto crackdowns at the SDNY but personally started one of the most notorious incidents. Trump is also planning to use a procedural loophole to avoid a messy confirmation process, which Senator Chuck Schumer swore to block. This incident raises questions about the quality of crypto’s new political allies. Jay Clayton and the Ripple Lawsuit President Trump has sworn to promulgate friendlier crypto regulations, and part of that has been directing prosecutors to end enforcement actions. He originally tapped…
[ad_1] South Korea’s leading crypto exchange Upbit announced today that Synthetix (SNX) has been designated as an “investment alert asset” by the Digital Asset eXchange Alliance (DAXA), citing the failure of its sUSD stablecoin to maintain its peg to the US dollar and increasing volatility in the SNX token. Upbit Marks SNX as Investment Warning Asset Amid sUSD Drop and Volatility As a result of this classification, Upbit will suspend SNX deposits starting at 15:00 UT on April 24. The decision follows ongoing instability surrounding sUSD, a stablecoin that is an integral part of the Synthetix protocol and has struggled…
[ad_1] Coinbase (COIN) has established the industry’s most scaled crypto trading platform with a domestic market share of around 66%, broker Benchmark said in a report Wednesday, while also initiating coverage of the stock. Benchmark assumed coverage of Coinbase with a buy rating and a $252 price target. The shares were over 4% higher at around $198 in early trading. The crypto exchange offers a “comprehensive suite of products and services aimed at facilitating the adoption and use of digital assets by both retail and institutional investors,” analyst Mark Palmer wrote. The broker noted that the stock has almost halved…
[ad_1] As became known thanks to CoinPost, popular cryptocurrency XRP is now available for trading on Mercoin, the crypto platform operated by Mercari, Japan’s largest resale marketplace. The listing gives over 20 million monthly active users, according to Emi Yoshikawa, direct access to XRP using existing balances, points or bank transfers — starting from as little as 1 JPY. Mercoin began offering Bitcoin in March 2023 and added Ethereum in May 2024. In just under two years, the platform reached more than three million users, with roughly 90% being first-time cryptocurrency traders. The addition of XRP makes it the third…
[ad_1] Bitcoin (BTC) is up nearly 12% over the past seven days, gaining momentum as it reclaims key technical levels and approaches major resistance zones. The recent price surge has been supported by a slight recovery in the number of Bitcoin whale addresses, hinting at renewed accumulation from large holders. Technical indicators like the Ichimoku Cloud and EMA lines point to a strong uptrend, with bullish formations suggesting continued buyer control. As BTC flirts with the $100,000 mark again, whale activity and chart signals will determine whether this rally has more room to run. Subtle Accumulation: What the Rise in…
[ad_1] Grayscale announced that the Decentralized AI Fund is now open to accredited investors. The fund has a management fee of 2.5% and manages approximately $1.05 million in assets. According to Grayscale’s official website, its current holdings include NEAR (24.54%), TAO (27.18%), RENDER (22.75%), FIL (17.26%), GRT (8.27%), and LPT. Grayscale said that Render and Livepeer will contribute to the infrastructure, offering decentralized GPU computing and AI-enhanced video streaming, respectively. Near Protocol and Filecoin will provide the fund with decentralized storage solutions, while Bittensor will focus on creating a marketplace for training and developing AI models, supporting decentralized AI services…
[ad_1] VeChain partners with PBR, making $VET the official token, expanding blockchain visibility to millions of fans. The TKO Takeover event in Kansas City highlighted VeChain’s role in uniting PBR, UFC, and WWE under one banner. VeChain, the leading real-world blockchain-focused platform, has made a North American expansion with its major partnership with Professional Bull Riders (PBR). Now, VeChain’s native token, $VET, has become the official token of the PBR league. The collaboration is poised to open the door for millions of PBR fans to be aware of VeChain’s real-world applications and more. “This strategic alliance introduces $VET as the…
[ad_1] The El Salvador National Commission on Digital Assets, or CNAD, may let U.S. firms experiment with tokenized real estate in the Central American nation, Erica Perkin, a lawyer at Perkin Law Firm and advisor to CNAD, told Decrypt on Thursday. The prospect was raised during a meeting between the U.S. Securities and Exchange Commission’s Crypto Task Force and CNAD on Monday, which focussed on a so-called regulatory sandbox between both nations, according to an SEC filing. Earlier this month, the SEC’s leadership signaled it was open to a regulatory testing ground for U.S. firms, specifically involving tokenized assets, which…
[ad_1] Richard Teng, the chief executive of Binance who replaced Changpeng Zhao (CZ) on this position in November 2023, has taken to his account on the X platform (formerly known as Twitter) to share with the community the key directions Binance intends to follow in the near future. Teng addressed his X followers, gaining their attention with three major things Binance plans to put focus on this year. Onboarding the next billion: Richard Teng In his tweet, Teng spoke about the history of the crypto space development, starting with early adopters of Bitcoin and other crypto and then moving on…