Author: NBTC
Bitcoin has formed two golden cross patterns amid the recovery push, with analysts projecting further uptrend from recent highs. Two prominent market analysts, Crypto Rand and Ali Martinez, recently discussed Bitcoin’s potential to surge to greater heights through two separate yet converging analyses. Bitcoin Forms Traditional Golden Cross Crypto Rand’s analysis focuses on a traditional golden cross involving the 50-day and 200-day moving averages (MAs) on Bitcoin’s daily chart. In his chart, the 50-day MA recently crossed above the 200-day MA—a pattern that usually precedes bullish momentum. Bitcoin Traditional Golden Cross | Crypto Rand The analyst confirmed that the previous…
Shiba Inu lead Shytoshi Kusama has taken a series of swipes at Cardano founder Charles Hoskinson after he announced he would work with the US government to facilitate the crypto policy. The Cardano founder made headlines over the weekend following his return from his “off the grid” period. This time, it was not another X spat or his notorious Cardano defense speech but a development that has been bullish for Cardano. Cardano Founder to Work With Trump on Crypto Hoskinson announced in a November 9 podcast that he would spend most of next year working with the Trump administration to…
This is a segment from the 0xResearch newsletter. To read full editions, subscribe. Today marks two years since the eventful day FTX filed for bankruptcy. Sam Bankman-Fried is in jail for 25 years, Ryan Salame likewise for 7.5 years, Caroline Ellison just commenced a two-year jail term and the FTX bankruptcy estate is making progress. Though the story was widely publicized across mainstream media as a colossal failure of crypto writ large, that was never actually true. The specific areas of failure in the FTX debacle were in fact the kinds of centralized institutions that cryptocurrency was designed to upend.…
Bitcoin breaks out, aiming for $88,000 – $90,000 after months of consolidation. Key resistance points lie at $71,500 and $72,000 Immediate support levels include $68,200 and $67,500 for potential corrections. Bitcoin has finally broken free after eight months of consolidation, sending a strong signal to traders. The recent move above $66,500 reveals a bullish breakout, aiming toward a midterm target of $88,000 – $90,000. Here’s a closer look at this action-packed rally and the key levels investors are tracking in this breakout. $BTC is finally Breaking out of Broadening Wedge after 8-months of Consolidation..🔥📈Midterm Target : 88-90k#Crypto #Bitcoin #BTC #BTCUSDT…
Winslow Strong sells entire EIGEN holdings, sparking speculation about his motivations and potential impact on the project. Zircuit’s fairdrop rewards EIGEN holders, boosting community engagement and strengthening the ecosystem. According to Spot On Chain data, Winslow Strong, Director of the Qualia Research Institute, has sold all of his 704,902 EIGEN tokens, worth $2.23 million, via AmberGroup and CowSwap. This big action has generated rumors about Strong’s intentions and potential influence on EIGEN’s pricing. He also sold less of two other restaking coins, SWELL and ETHFI, which fuels more questions about his choice to leave these positions. Winslow Strong (@winslow_strong), director…
For the first time, American pro-crypto voters managed to make the sector’s concerns one of the polls’ agenda. Through the PAC Fairshake initiative, they canvassed for the election of crypto-friendly candidates, a gamble that has paid handsomely, looking at the results. But the community’s efforts haven’t been without a snag. According to a popular cryptocurrency influencer, Eleanor Terrett, the caucus has faced some setbacks in certain constituencies where it had sought the election of crypto-leaning candidates. PAC helped 52 candidates win seats in the 2024 elections but faced setbacks By press time, the organization had helped 52 candidates it supported…
Litecoin Core v0.21.4 has launched with critical security updates to strengthen network stability. Canary Capital’s Litecoin ETF application with the SEC could bring more institutional access to Litecoin. The Litecoin development team has announced the release of Litecoin Core version 0.21.4, which introduces vital security updates alongside functional improvements. This release fixes several issues that may lead to the instability of the network which consequently enhance the security of Litecoin network. Among the vulnerabilities fixed is CVE-2024-35202, which permits remote attackers to perform a DoS attack. This could happen by putting uncommitted transactions into the blocktxn message, which leads to…
Stefan Gratzer, JPMorgan’s managing director and head of institutional wealth management for Switzerland, said promised policy changes on tax, crypto, and deregulation could impact banks during the first two years under Trump’s government. Gratzer added that it would be crucial to see how Trump’s policy about crypto played out. According to the JPMorgan official, Trump’s pro-crypto policies were completely new, and nobody knew what they meant. However, Gratzer insisted that the optimism built around Trump’s promised deregulation and tax cuts would unlock gains in an already flourishing economy. He pointed out that many expected Trump’s crypto deregulation, among his other…
In recent hours, the price of $TRB has seen significant attention due to major whale activity. According to Lookonchain data, two large holders (crypto whales) deposited a combined total of 226,741 $TRB into the OKX exchange. The value of these coins is at approximately $12.18 million. This represents a notable 8.42% of the total supply of $TRB. Pay attention to $TRB price changes.In the past 12 hours, 2 whales deposited 226,741 $TRB($12.18M) into #OKX, 8.42% of the total supply.Address: 0x09A96bd8692D83a6c462Aa05fF9BcFa443eF2Bb8 0xdCaCd7EB6692b816b6957f8898c1C4B63D1fC01F pic.twitter.com/MgA2rX5mln — Lookonchain (@lookonchain) November 9, 2024 $TRB Price at a Crossroads After Crypto Whale Deposits These huge amounts…
Steven Nerayoff, a former Ethereum advisor, intensified calls for SEC Chair Gary Gensler’s immediate resignation, citing allegations of unethical conduct. While prominent crypto leaders have demanded Gensler’s removal due to his aggressive regulatory stance, Nerayoff’s latest accusations pertain to Gensler’s illegal actions and improper connections. He claimed Gensler had silenced him to prevent exposure of power abuses. In a post on X (formerly Twitter) on November 11, 2024, Nerayoff alleged Gensler enabled illegal naked short-selling and covered up misconduct linked to Ripple, the Chinese Communist Party (CCP), and Ethereum’s ETHGate scandal. .@GaryGensler, I’m calling for your immediate resignation. You continued…