The Financial Services Commission (FSC) of South Korea announced today (Wednesday) that it has approved the creation of a nonprofit organization aimed at protecting virtual assets for consumers in the event that a cryptocurrency exchange goes out of business. FSC Establishes Asset Protection Foundation The organization, provisionally named the Digi
Bitcoin Held For Years Are Now On The Move, Is This A Signal For Caution?
Recently, a significant movement of older Bitcoin holdings has been observed on the network, sparking discussions about potential selling pressure in the market. This activity, as shown in data by the on-chain analytics platform CryptoQuant, has led to analysts advising “extreme caution” in the face of this development. Old Bitcoin On The Move: A S
SEC Delays Ethereum ETF Options Trading Decision Until November
The United States Securities and Exchange Commission has delayed making a call on the approval of options trading for various Ethereum ETFs. While a call was expected at the end of September, it has been extended through mid-November 2024. Source: […] The post SEC Delays Ethereum ETF Options Trading Decision Until November appeared first on [&hel
XRP Price Remains in Range: Can It Escape the Consolidation?
XRP price is still consolidating above the $0.5785 support. The price must clear the $0.5950 and $0.6050 resistance levels to gain bullish momentum. XRP price is still trading below the $0.600 resistance zone. The price is now trading above $0.590 and the 100-hourly Simple Moving Average. There was a break above a major bearish trend […]
Bitcoin’s Puell Multiple Dips Into Bullish Territory: Is A Breakout Coming?
The Bitcoin Puell Multiple, a key on-chain metric used to assess the profitability of Bitcoin miners, is currently signaling a potential bullish reversal for the leading cryptocurrency. According to a CryptoQuant analyst under the pseudonym Darkfost, this metric has recently dipped into the “green zone,” a signal historically associated with upward
Cardano (ADA) Jumps 10%: Is a $0.50 Retest on the Horizon?
Cardano price started a decent increase above the $0.3620 resistance. ADA is now showing positive signs and might rise further toward $0.420. ADA price started a recovery wave from the $0.3420 level. The price is trading above $0.380 and the 100-hourly simple moving average. There is a key bullish trend line forming with support at […]
The Wyckoff Method: What It Is and How You Can Trade It
The Wyckoff trading method is a classic approach to technical analysis, focusing on understanding market behaviour through price and volume patterns. Developed by Richard D. Wyckoff in the early 20th century, it helps traders identify market trends, reversals, and optimal entry and exit points. This comprehensive article explores the key principles
BlackRock’s head of crypto doesn’t see Bitcoin as a ‘risk on’ asset
Equities, unemployment, job numbers, or manufacturing really have no connection to Bitcoin, argues BlackRock’s head of digital assets.
Gensler grilled as most ‘destructive’ SEC chair before congressional hearing
SEC Chair Gary Gensler has taken heat from lawmakers and members of his own agency during a House Financial Services Committee hearing over his handling of crypto regulation in the United States.
Bitcoin Prediction: Crypto Pundit Reveals Why $100,000 Is The Nominal Price Level For 2025
Optimism about the Bitcoin future outlook remains strong, with a crypto analyst forecasting a massive $100,000 price increase for the pioneer cryptocurrency. With expectations of an even greater price surge, the analyst believes that a $100,000 ATH for Bitcoin in 2025 is a nominal price target. Why Bitcoin Will Rise To $100,000 In 2025 Luke [&helli