Crypto

Bitcoin price rallied and tested the $66,500 zone. BTC is now consolidating gains and might attempt another increase toward $67,500. Bitcoin started a consolidation phase from the $66,500 resistance zone. The price is trading above $65,000 and the 100 hourly Simple moving average. There is a key bullish trend line forming with support at $65,150 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another increase unless the bears push it below $63,800.…

K33 Research has disclosed that the upcoming repayments by FTX to creditors could increase buying pressure and cause a strong market performance later in the year.  However, a section of the crypto communities raises concerns about the overall repayment plans expected to be based on November 2022 prices.  The crypto market has in the early hours of trading shown a little sign of resurgence, evident in the 3.96% surge in the total market cap. Fortunately, renowned analysts anticipate continuous growth…

A crypto analyst identified as ‘Egrag Crypto’ has recently taken to X (formerly Twitter) to issue a warning to XRP investors regarding a potential bear market that could trigger a massive correction for the price of XRP.  XRP Holders Prepare For More Declines In 2025 According to Egrag Crypto, XRP is expected to enter a steep bear market stage in 2025. The analyst based his predictions on a technical analysis tool he called the “Gaussian Channel,” revealing three distinct technical…

The post Raoul Pal: Crypto ‘Banana Zone’ to Hit in 2 Weeks, Prices to EXPLODE 4x! appeared first on Coinpedia Fintech News In a recent podcast, Raoul Pal sheds insights into the “Banana Zone” and his “Everything Code” framework, which provides a comprehensive understanding of how global liquidity cycles drive asset prices, particularly in the tech and crypto sectors. Understanding the Everything Code According to Pal, the “Everything Code” is a conceptual framework that suggests the business cycle repeats itself…

The post SEBI vs. RBI: Diverging Views on Crypto Regulation in India appeared first on Coinpedia Fintech News In contrast to the RBI, India’s market watchdog, SEBI, is open to overseeing crypto trading. However, the RBI maintains that private digital currencies pose a macroeconomic risk. In 2021, the government had prepared a bill that would have banned cryptos, although the bill has not yet been introduced. Just last year, India called for a global framework to regulate such assets. SEBI…

Cryptocurrency markets are dynamic, and currently, they are surging forward in what many refer to as a bull run. As the market grows, understanding how to navigate and potentially benefit from this uptrend is crucial. This article is designed to offer insight and guidance through these exhilarating times in the crypto space. It is packed with strategies and knowledge to help readers make informed decisions for the year ahead. CYBRO Gets on Crypto Whale's Radar with Presale of Its Tokens…

Two MIT graduate brothers have been arrested and charged with exploiting a vulnerability in the Ethereum blockchain and stealing crypto worth $25 million in just 12 seconds.  Arrest and Charges In an unprecedented case, two brothers have been arrested and charged by the U.S. Department of Justice for allegedly manipulating the Ethereum blockchain, resulting in the theft of $25 million worth of cryptocurrency within a mere 12 seconds. The brothers Anton and James Peraire-Bueno were apprehended on Tuesday, with Anton…

Grand Cayman, Cayman Islands, May 16th, 2024, Chainwire With the launch of Netki’s DeFi Sentinel on Sui, protocol developers can opt to screen transactions before finalization on the blockchain, easing a significant compliance burden Today, Netki, a digital identity verification leader, announced the launch of their pioneering compliance oracle – DeFi Sentinel – on Sui, the Layer 1 blockchain and smart contract platform. The integration introduces an essential tool for developers that automates compliance within their protocols, allowing them to…

An unidentified trader who purchased 4.9 trillion PEPE for $3000 has reportedly made $56 million profit, representing a 15,718 fold return on his initial investment.  Analysts have linked the recent surge of Pepe to the GameStop craze, claiming both assets are relatable.  An unknown Trader makes a remarkable achievement as he records an astronomical return of 15,718 times on his initial investment of $3000 on Pepe (PEPE). According to the report, the savvy trader purchased 4.9 trillion PEPE for $3000…