Tag: Bitcoin

  • Bitcoin Price Poised for a Surge to $166K Amid Rare Chart Patterns

    Bitcoin Price Poised for a Surge to $166K Amid Rare Chart Patterns

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    Oscar

    Bitcoin has remained under pressure this week as global trade tensions and Federal Reserve policies weigh on investor sentiment. The Crypto Fear and Greed Index has dropped to 35, signaling fear among traders. Meanwhile, Bitcoin ETF inflows have slowed, and futures open interest remains weak, reflecting cautious market behavior. Trade War and Federal Reserve Policies…

  • Tornado Cash founder is released from prison by a Dutch court.

    Tornado Cash founder is released from prison by a Dutch court.

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    V Sinclair

    On February 7, 2025, Alexey Pertsev, the founder of Tornado Cash, was released from prison after several months. A Dutch court decided to end his pretrial detention, but he will remain under house arrest and monitored electronically. His case has drawn attention from those concerned about privacy and cryptocurrency, marking a significant moment in his legal…

  • Crypto Market Declines Amid Investor Caution Over US Jobs Data

    Crypto Market Declines Amid Investor Caution Over US Jobs Data

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    Issac Lane

    The cryptocurrency market experienced a significant downturn on 7 February, with total market capitalisation dropping by over 2.5% to approximately $3.15 trillion. While market volatility is common in the crypto space, several key factors have contributed to this latest decline, including investor caution ahead of US jobs data, liquidations, and weakening technical indicators. Ethereum Leads…

  • The recent failure of the XRP Ledger is explained by the Ripple CTO.

    The recent failure of the XRP Ledger is explained by the Ripple CTO.

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    V Sinclair

    The XRP Ledger (XRPL) recently experienced a significant technical disruption, temporarily halting block production for about an hour. This unexpected outage raised concerns within the XRP community and allowed critics to question the network’s reliability. Unraveling the Cause of the Outage Ripple’s Chief Technology Officer, David Schwartz, commented on the situation, explaining that although the network is recovering,…

  • Trump’s Tariff Suspension Sparks a Crypto Market Surge

    Trump’s Tariff Suspension Sparks a Crypto Market Surge

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    V Sinclair

    President Donald Trump’s decision to suspend import tariffs on Canada and Mexico for 30 days created a positive wave across global markets. This development prompted a rapid recovery in the cryptocurrency market, with Bitcoin , Ethereum , and Ripple among many digital currencies experiencing gains. The surge in value was linked to eased global trade tensions, demonstrating…

  • Bitcoin Dominance Nears 62% as Altcoins Struggle to Keep Up

    Bitcoin Dominance Nears 62% as Altcoins Struggle to Keep Up

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    Oscar

    Bitcoin’s market dominance has surged to nearly 62%, its highest level since February 2021. As altcoins lag, traders are eyeing BTC’s key levels, particularly the CME Gap at $102,000. Bitcoin’s Market Dominance at a Three-Year High As of February 3, Bitcoin’s market dominance has climbed to 62%, indicating that BTC holds the lion’s share of…

  • Ethereum Needs Stronger Blockchain Activity to Regain $4,000

    Ethereum Needs Stronger Blockchain Activity to Regain $4,000

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    Issac Lane

    Ethereum Faces Key Resistance at $3,400 as Analysts Predict a Potential Rebound Ethereum must see increased blockchain activity and wider adoption to reclaim its previous highs, analysts have said, as the cryptocurrency struggles to break past key resistance levels. Ether (ETH) has been on a downward trajectory for nearly six weeks, dipping below the psychological…

  • Bitcoin’s February Momentum Hinges on US Labour Market Data

    Bitcoin’s February Momentum Hinges on US Labour Market Data

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    Issac Lane

    Key Economic Report Expected to Impact BTC Price Bitcoin’s price movement in February is set to be influenced by the upcoming US labour market report, with analysts closely monitoring its impact on investor sentiment and Federal Reserve policy expectations. The US Bureau of Labor Statistics will release its latest labour market data on 7 February,…

  • SHIB Burns Surge 2,085%, But Price Takes an Unexpected Dip

    SHIB Burns Surge 2,085%, But Price Takes an Unexpected Dip

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    Oscar

    The Shiba Inu (SHIB) community witnessed a dramatic surge in token burns over the past week, with an impressive 2,085% increase. However, despite the reduced supply, SHIB’s price took an unexpected hit, mirroring Bitcoin’s market movement. SHIB Burns Soar Over 2,000% According to data from Shibburn, more than 1.13 billion SHIB tokens were removed from…

  • Bitcoin Faces Potential Crash as Trump’s Tariffs Take Effect

    Bitcoin Faces Potential Crash as Trump’s Tariffs Take Effect

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    by

    Oscar

    Robert Kiyosaki, author of Rich Dad Poor Dad, has issued a stark warning about Bitcoin’s future. He predicts a significant price drop as former U.S. President Donald Trump’s new tariff policies come into play. Kiyosaki, however, remains unfazed, seeing the dip as a golden buying opportunity. In a recent post on X, he stated, “TRUMP…