Chris Larsen’s 50M XRP transfer sparks speculation, causing a stir in the crypto community.
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Bitcoin Eyes $60,000 In Potential V-reversal Trend Amid Market Changes Blog
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CrediBULL, a prominent player in crypto trend analysis, foresees a noteworthy shift in the landscape – a transition from the prevalent sideways basing to dynamic V-reversals. This prediction suggests the potential for rapid recoveries post-downturns, injecting a new dimension into crypto trading strategies.
Bitcoin, a frontrunner in the cryptocurrency realm, continues to showcase resilience amid market volatility. Following a recent 5% drop, the pioneer cryptocurrency is poised for a potential surge to $60,000 and beyond. Notably, Bitcoin has demonstrated a remarkable 65% rally since mid-October, affirming its status as a resilient digital asset in the face of market fluctuations.
Looking ahead, global interest rate decisions, particularly those made by the Federal Reserve, emerge as pivotal factors influencing the immediate future of cryptocurrency markets. The decisions surrounding interest rates have a ripple effect on market sentiment and investment strategies, making them crucial indicators for crypto enthusiasts and investors alike.
As the crypto landscape evolves, the interplay of trends, Bitcoin's resilience, and external economic factors will likely shape the trajectory of the digital asset market in the coming weeks, adding an extra layer of complexity for market participants to navigate.
The SEC has fined $750K on the Flyfish Club Restaurant for conducting unregistered offerings.
The NFT-themed restaurant sold 1600 NFTs to US investors and made $14.8 million.
SEC commi… Read More
Bitcoin holds above $59,000 as the market decline raises uncertainty for digital assets.
Market cap shrinks to $2.15T, with traders cautious as fear grips the crypto space.
Altcoins li… Read More
Circle CEO Jeremy Allaire announced the launch of USDC stablecoin on Sui Network soon.
This initiative will expand the stablecoin’s support to more than 15 blockchain n… Read More
XRP is nearing a breakout as it forms a symmetrical triangle on the weekly chart.
The symmetrical triangle shows tightening price action, signaling potential volatility.
Traders are cl… Read More
AI experts have highlighted the possibility of humans losing control over AI technology.
Scientists urged countries to unite and develop a global contingency plan to regulate AI.
Exper… Read More
XRP nears the end of a 7-year market compression, hinting at a possible legendary surge.
CrediBULL Crypto sees XRP pushing to $0.75, with current resistance around $0.6436.
Analysts su… Read More
Early investors in Neiro saw massive returns after its listing on Binance, driving demand.
Wintermute Trading increased its Neiro on ETH holdings despite the sharp price drop.
Several… Read More
Ethereum and Solana show similar performance cycles against BTC, reflecting market trends.Â
Both ETH and SOL experienced 90% drops, followed by 500% recoveries and further dec… Read More
Donald Trump unveiled his cryptocurrency project, World Liberty Financial, on Monday.
The decentralized (DeFi) platform will enhance financial security and transactions.
The Worl… Read More
INJ whale transfers to cold wallets have surged from August 2023, showing strong demand.
RENDER whale coins shifted to cold wallets in July 2024, holding steady since the transfer.
POL… Read More
MicroStrategy plans a $700M convertible senior note offering, maturing in 2028.
They aim to redeem secured notes and release collateral, including its bitcoin holdings.
Proceeds from t… Read More
Bitcoin’s CME gap suggests a 2-3% upside, hinting at a potential quick rebound soon.
Federal Reserve rate cut looms and could trigger a fresh rally in Bitcoin’s market.
Tet… Read More
Bitcoin’s 3-year Cup and Handle pattern indicates a potential breakout in the coming months.
Analysts predict Bitcoin may surge as it approaches the final phase of consolidation… Read More
Fed rate decision uncertain, impacting Bitcoin’s price amid split expectations.
Fed’s potential 25 or 50 basis point cut this Wednesday could redefine 2024 cuts.
Bitcoin pr… Read More
SUI shows bullish signs with potential “higher low” and “higher high” formations.
TIA’s volatile movements suggest instability; watch key Fibonacci levels fo… Read More
After the significant liquidity dump on August 5, there are no big clusters nearby.
BTC has significant liquidity clusters at the lower high of $70k and the lower low of… Read More
Delta Prime lost over $6 million to hackers, who allegedly exploited its private key.
After gaining access, hackers upgraded key proxy contracts to a malicious address.
Market observer… Read More
Hedera becomes the founding premier member of Linux Foundation’s Decentralized Trust.
Entire Hedera codebase, including hashgraph, was contributed to nurture global collaboration… Read More
Binance lists NEIRO, TURBO, and Baby Doge Coin, with USDT trading starting on Sept 16.
Withdrawals for NEIRO, TURBO, and Baby Doge Coin on Binance open on Sept 17, 2024.
The exchange a… Read More
XRP surges 7.48% and needs to break and hold above $0,60 for continued momentum.
RSI peak signals strong buying pressure, hinting at possible upward movement for XRP.
A push past $0.60… Read More
Ethereum’s value has declined, hitting a significant low against Bitcoin since April 2021.
Altcoin sell-off continues as Bitcoin’s stable price shifts investor focus towards s… Read More
Circle announces its collaboration with Sony Block Solutions Labs to enable USDC on Soneium.
Bridged USDC Standard will be one of the blockchain’s primary tokens for value exchange… Read More
Due to the nature of blockchain technology, cryptocurrency has revolutionized the way people view and conduct financial transactions. The terms “on-chain” and “off-chain&rd… Read More
Many token unlocks are expected to occur this week, including Starknet, Arbitrum, Ethena, and other projects. These unlocks can cause market movement, which can either prove to be beneficial… Read More
Politics and cryptocurrencies are inseparable, with significant political events influencing the crypto market. This is particularly the case with this year’s presidential election in… Read More
Emotions play a crucial role in trading because fear can lead to hasty decisions, while greed triggers overambitious investments. In the crypto world, they play a more significant role becau… Read More
Smart Contracts are a major part of the blockchain that helps automate the execution of functions when set conditions are met. However, its functionality was ultimately limited due to one ma… Read More
XRP is approaching a key resistance zone between $0.63 and $0.65 for a potential breakout.
XRP has shown strength in 2024, outperforming 90% of other cryptocurrencies since March.
Anal… Read More
Dogecoin nears a bullish breakout as it approaches key resistance levels at $0.17.
Falling wedge pattern signals potential for Dogecoin’s price to rally significantly so… Read More
Former CEO of FTX, Samuel Bankman-Fried, filed an appeal for a new trial with a new Judge.
Bankman-Fried was charged with fraud, conspiracy, and money laundering in Nov. 2023.
The ex-C… Read More
Analysts predict XRP may be nearing a breakout, driven by key technical patterns.
XRP experts believe crossing a critical resistance could trigger a bullish reversal.
A symmetrical tri… Read More
Bitcoin’s bullish momentum continues as it closes above a key support and resistance level.
Analysts predict further upward movement for BTC after breaking through major resistance… Read More
Bitcoin and Ethereum see sharp rises in open interest, signaling increased trading.
Solana’s price grows steadily despite minimal change in open interest or speculative trades.
E… Read More
SEC stated that it regrets naming Binance’s crypto tokens as security in a court filing.
AXS, FIL, ATOM, SAND, and MANA are the alleged crypto tokens of the Binance exchange… Read More
MicroStrategy now holds 244,800 bitcoins after the recent $1.11 billion acquisition.
Saylor’s MicroStrategy raised $2 billion to expand its Bitcoin holdings in August 2024.
El Sa… Read More
Starknet’s new staking mechanism, approved with 98.94% support, launches in Q4 2024.
Snapshot X governance vote highlights the need for broader Starknet community engagement.
Sta… Read More
Kraken demands a jury trial in the SEC lawsuit over unregistered securities claims.
SEC accuses Kraken of facilitating trading of unregistered tokens like ADA and SOL.
Ripple’s C… Read More
Bitcoin dominance dips as altcoins like Toncoin and DOGE show gains in mixed market trends.
The overall crypto market contracts slightly despite Bitcoin’s continued strong performan… Read More
Trump announced that September 16 would be the official date of his crypto project launch.
World Liberty Financial will be built on the DeFi platform Aave and the Ethereum blockchain… Read More
Both Polkadot and Avalanche are approaching possible breakouts from falling wedge patterns.
AVAX is still moving within its declining wedge pattern, according to analysts.
If AVAX brea… Read More
OpenAI debuts o1-preview models, advancing AI in solving science, math, and coding problems.
O1-preview AI excels in reasoning, surpassing PhD students in physics, chemistry, and more… Read More
Tether has yet to complete an independent audit of its USD reserves since 2017.
Consumers’ Research claimed that Tether is risky because of its financial transparency.
Tether als… Read More
Sky’s wBTC offboarding could shift $200M in loans, reshaping DeFi collateral practices.
Competitors like tBTC, dlcBTC, and FBTC eye wBTC’s market share as Sky considers exit… Read More
HBAR forms a Falling Wedge, signaling a potential reversal from its recent downtrend.
The chart suggests a bullish breakout could occur if the upper trendline is broken.
Recent price a… Read More
Treasure DAO plans to migrate its gaming infrastructure from Arbitrum to ZKsync.
The migration aims to better align with Treasure’s vision for decentralized gaming.
MAGIC token h… Read More
Zug, Switzerland – 12 September 2024 – Today, the Cardano Foundation announced leaders from Binance, IOG, Dubai Blockchain Center, Animoca Brands and other frontier companies as… Read More
Bitcoin’s positive sentiment has surged, doubling in favor for the first time in a year.
Ethereum’s sentiment remains modest, following Vitalik Buterin’s concerns about… Read More
Grayscale relaunches its XRP Trust, paving the way for a U.S. XRP spot ETF approval.
Ripple’s court victory clears the regulatory path for renewed XRP investments.
Gr… Read More
$PYTH may signal a bullish reversal if it breaks above the $0.30 – $0.32 resistance.
Stacks approaching breakout, may surge to $4.00 if it crosses $1.80 resistance.
Investor inte… Read More
Coinbase launches cbBTC to expand Bitcoin’s use in DeFi on Ethereum and Base networks.
cbBTC is fully backed 1:1 by Bitcoin, ensuring transparency and secure custody.
Users could… Read More
Hong Kong seeks to improve OTC crypto services with new SFC and C&ED regulations.
SFC explores licensing for crypto custodial services, aiming for robust regulation.
Hong Kong is l… Read More
Ireland’s Data Protection Commission probes Google’s PaLM2 for EU data law compliance.
The US, UK and EU sign an AI Convention Treaty for human rights-focused AI g… Read More
Vega Protocol plans shutdown by late October, ending all blockchain operations.
Governance vote to allocate $28K to validators ensures stability during shutdown.
VEGA token falls 14% a… Read More
CryptoPunk #2386 was sold through a smart contract buyout after being locked in escrow.
The NFT had 257 fractional owners but was acquired after a buyout offer went unnoticed.
Fraction… Read More
UK crypto bill may redefine digital assets as personal property for tax purposes.
The new bill aims to clarify crypto taxation, reducing ambiguity for investors.
Proposed law offers le… Read More
Decreasing Bitcoin price reserves on exchanges hint at an upcoming price surge.
Increasing stablecoin reserves suggest robust market interest and buying readiness.
SSR Oscillator&rsquo… Read More
Whale transactions for Bitcoin and Ethereum have sharply declined since mid-August.
Current whale inactivity might indicate strategic waiting rather than bearish sentiment.
Increased d… Read More
Bitcoin whale transactions fell by 33.6% since the March/April peak of $100K+ transfers.
Ethereum whale transactions have fallen 72.5% since the March/April peak of 108,596.
Whales are… Read More
Decentraland, The Graph, and Aave have high short positions, signaling liquidations.
Negative funding rates on MANA, GRT, and AAVE reflect rising bearish trader sentiment.
Heavy short… Read More
Bitcoin’s price has shown a close correlation with U.S. inflation trends since 2020.
U.S. inflation dropped to 2.5% in August 2024, impacting Bitcoin’s price movements.
Bit… Read More
A UK bill proposes a new legal category for digital assets like Bitcoin and NFTs.
UK law aims to provide legal protection for owners of digital assets, including NFTs.
The proposal fol… Read More
