[ad_1] Bitcoin has triggered a death cross within the Ichimoku Cloud, signaling potential bearish momentum. The current setup mirrors a late-2023 fractal, with the Kumo Cloud acting as a key support level. Analysts see two potential outcomes: a rebound to invalidate the death cross or further downside if support breaks. The latest movement of the Bitcoin on the daily candles is extremely important as it just formed a death cross within the Ichimoku Cloud indicator. The bearish signal that stems from this technical event is arrived at when the shorter-term moving averages of a stock or security cross below even…
Author: NBTC
[ad_1] Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision. Ethereum is up 4.46% today against the US Dollar ETH/BTC increased by 3.33% today Ethereum is currently trading 20.21% above our prediction on Feb 26, 2025 Ethereum dropped -14.18% in the last month and is down -6.24% since 1 year ago ETH price is…
[ad_1] Billionaire Warren Buffett just issued an alert on the state of the US economy. In Berkshire Hathaway’s annual letter to shareholders, Buffett warns the stability and purchasing power of the US dollar can be easily eroded. “Paper money can see its value evaporate if fiscal folly prevails. In some countries, this reckless practice has become habitual, and, in our country’s short history, the U.S. has come close to the edge. Fixed-coupon bonds provide no protection against runaway currency.” Buffett says capitalism itself is suffering from historic levels of abuse within the system, although its power to promote prosperity remains…
[ad_1] Samson Mow, CEO of cryptocurrency firm Pixelmatic, has weighed in on fears surrounding Tether (USDT) following reports that it will be delisted from cryptocurrency exchanges in the European Union. In his statement, Mow called the concerns uninformed or agenda-driven, highlighting Tether’s strong market position and historical resilience. With $143 billion in assets under management (AUM), Tether is far from vulnerable, Mow said. “The time of FUD was when the company probably had less than $100 million in assets,” he said, adding that Tether is now one of the top 20 holders of U.S. Treasuries, outpacing all but 18 countries…
[ad_1] EDX Markets, which is backed by Fidelity Digital Assets, Charles Schwab and Citadel Securities, is adding 17 new cryptocurrencies to its platform, transforming its previously limited selection into a more robust trading platform as it gets ready to absorb growing institutional demand for crypto. “From the outset, we were designed and built for institutions for exactly what’s happening right now,” EDX Markets CEO Tony Acuña-Rohter, told CoinDesk. Acuña-Rohter was appointed CEO of the exchange in December after founder and then-CEO Jamil Nazarali moved to the position of executive chair of the EDX Board. “We were quite fortunate because FTX…
[ad_1] Equity Fund Manager and Founder of Cardone Capital Grant Cardone believes President-elect Donald Trump will promote Bitcoin as a vital tool for preserving US global dominance. In an X post on December 27, he said: Donald Trump will propose putting BTC on our balance sheet in a “huge” way. – Grant Cardone Cardone believes Trump will continue to push for Bitcoin Grant Cardone claims that Donald Trump could advocate for Bitcoin to the American public, given that the United States is still competing for global monetary domination. According to Cardone, the president-elect will pitch Bitcoin as necessary to maintain…
[ad_1] On Friday, cryptocurrency exchange Bybit was allegedly hacked by North Korea’s Lazarus group, which drained nearly $1.4 billion in ether (ETH) from the exchange. Following the hack, Arthur Hayes, BitMEX co-founder and claiming to be a major ether (ETH) holder, wrote a post on X to Ethereum co-founder Vitalik Buterin on whether he will “advocate to roll back the chain to help @Bybit_Official.” Meanwhile, in an X spaces session, Bybit’s CEO Ben Zhou revealed that his team had also reached out to the Ethereum Foundation to see if it was something the network would consider, noting that such a…
[ad_1] According to David Eastman, Yougov’s managing director for Latin America, this shows the advance of crypto in Brazil and should serve as a wake-up call for banks. Yougov Poll Shows Some Users Would Substitute Banks With Crypto A recent survey conducted by Yougov, an international online research data firm, has given insights into the advancement of crypto as a true money replacement in Brazil. According to a recent poll, nearly 15% of Brazilians would consider substituting the function of their bank accounts for crypto, using this alternative technology instead. Specifically, 14.7% of the polled were open to this possibility,…
[ad_1] Hyperliquid is the last major project to launch in 2024, while also having the highest fully diluted valuation. Hyperliquid (HYPE) is valued at a notional $27.2B, surpassing other startups with high-profile launches. Hyperliquid (HYPE) turned out to be the biggest launch for 2024, taking the top spot with a fully diluted value of $27.2B. The HYPE token appreciated rapidly after the airdrop, while the perpetual futures DEX increased its listings and volumes. Hyperliquid’s launch arrived in November, after months of sparking expectations with airdrop farming. The HYPE token launched during a period of heightened market activity and near-peak prices.…
[ad_1] DekaBank, a German investment bank with 377 billion euros ($395 billion) in assets under management, introduced cryptocurrency trading and custody services for institutional clients after almost two years of development. The Frankfurt-based company’s move follows regulatory approval for a crypto custody license from the Federal Financial Supervisory Authority (BaFin), while operating under the supervision of the European Central Bank (ECB), Bloomberg reported. “We have the necessary experience, required licenses and a tested, ready-to-use infrastructure to support savings banks and our institutional clients,” board member Martin K. Müller told Bloomberg. DekaBank, the asset manager of the country’s largest financial services…