Bitcoin approaches key resistance at $70,500 and crucial support at $67,800 as analysts closely monitor market trends. Bitcoin is again garnering attention, as it approaches critical market thresholds that could dictate its short-term trajectory. As a result, market analysts are closely watching a resistance level around the $70,500 mark, which could set the stage for…
ORACLE MEME ($OMEME) is a new meme coin that has piqued the interests of the crypto community, including whales from most of the big cryptocurrencies. Crypto enthusiasts are interested not only in its growth potential in the next bull market but also in the real utility the team is building. This is a potentially explosive…
Today, May 22, is regarded as Bitcoin Pizza Day in Bitcoin’s history as it commemorates a pivotal moment in the evolution of the premier cryptocurrency. Precisely 14 years ago, Laszlo Hanyecz, a Florida-based programmer, exchanged 10,000 BTC tokens for two large pizzas. Given Bitcoin was in its early stages at that time, the value of…
SEC Chair Gary Gensler disapproves of the FIT21 bill set to undergo voting in the U.S. House of Representatives today. The legislation, dubbed Financial Innovation and Technology for the 21st Century Act (FIT21) seeks to clarify the regulatory boundaries for cryptocurrency assets between the SEC and the CFTC. This comes amid a clash between both…
Fagel says the recently canceled SEC’s Sunshine Act meeting is unrelated to Ripple, indicating that such cancellations typically occur for mundane reasons. Marc Fagel, a legal expert and former SEC official, has reacted to ongoing speculation within the XRP community regarding the regulatory agency’s decision to cancel a Sunshine Act meeting. XRP Community Reacts to…
Donald Trump Campaign vows to make the Bitcoin and Crypto army defeat Biden. NEW: 🇺🇸 Trump campaign vows to build a Bitcoin and crypto army: CNBC The first #Bitcoin election 🙌 pic.twitter.com/hRYrgsIOze — Bitcoin Magazine (@BitcoinMagazine) May 22, 2024 Biden supporter Elizabeth Warren criticized crypto by saying she was forming an ‘anti-crypto army’ to limit…
PEPE token records an all-time high as a savvy trader turns $83 into $79.4M with a 958,580x gain by holding 6.44 trillion tokens across 3 wallets. The PEPE token has shattered expectations in recent times, achieving an all-time high and bringing incredible returns to investors. Through a series of strategic investments, a single trader transformed…
XRP is currently facing resistance around the 0.5350 mark on the daily chart, but there is a possibility of a potential reversal from the 0.38% Fibonacci retracement level. XRP Price extended its decline on Wednesday and remains pressured below $0.5350 on the daily chart. The price met with resistance towards this level after witnessing the…
Ethereum price rose to a 40-day peak of $3,719 on Tuesday May 21, 2024, up 30% over the past week, bullish staking trends provide a glimpse into what to expect after the spot ETF approvals. Ethereum Price Hits 65-day Peak, Overtakes BTC as ETF Approval Looms. According to Bloomberg analysts, there’s now a 75% chance…
Galaxy Digital founder and CEO Novogratz sees Democrats’ crypto acceptance rising, warning that politicizing crypto could be a major misstep. Galaxy Digital CEO Mike Novogratz recently shared with CNBC that he believes Democrats are gradually leaning toward accepting crypto. He tells CNBC that he has been trying to make them see reason, expressing that making…