After briefly touching $38,000, Bitcoin (BTC) has been unable to retest this zone, given that it’s emerging as a significant ceiling. Top analyst Michael van de Poppe highlighted that the $38,000 to $40,000 range was a massive resistance zone, which the leading cryptocurrency had to break for an upward continuation. Nevertheless, the analyst pointed out that all hope was not […]

Michaël van de Poppe, a renowned crypto analyst, has made a bold prediction about the future of Bitcoin (BTC), forecasting a significant surge in its value. In a strategy session shared with his 161,000 YouTube subscribers, van de Poppe analyzed past bull market cycles and the concept of diminishing returns to support his prediction. Van de Poppe’s Analysis and Predictions: […]

Cryptocurrency market rebounded in the past 24 hours, recovering from the market impact triggered by unprecedented developments in the regulatory realm surrounding Binance.com, the world’s largest cryptocurrency exchange. Binance Holdings Limited, the entity that operates Binance.com, had on Tuesday pleaded guilty and agreed to pay over $4 billion to resolve the U.S. Justice Department’s investigation into anti-money laundering, unlicensed money […]

Fresh insights from CryptoQuant highlight a significant movement in Bitcoin reserves between Binance and Coinbase, revealing intricate shifts in the cryptocurrency landscape. Specifically, the data indicates a decline of 5,000 BTC within Binance’s reserves, while on the other hand, it showcases a notable upswing of approximately 12,000 BTC in Coinbase’s holdings. This substantial disparity in Bitcoin reserves between the two […]

Cryptocurrency market capitalization dropped 1.7 percent in the past 24 hours to $1.39 trillion, as markets digested the latest developments in the U.S. government’s regulatory action against the world’s largest cryptocurrency exchange, Binance.com. FOMC minutes released on Tuesday, which showed the Fed was in no hurry to cut interest rates also soured sentiment. A press release by the U.S. Department […]

Three important events reveal that, if history is anything to go by, Bitcoin’s price shouldn’t go back below the $30,000 price line ever again. Popular on-chain analyst Willy Woo shared this analysis in a recent post on X (previously known as Twitter). BTC Shouldn’t Go Back Below $30,000 Willy Woo believes Bitcoin’s latest rally is here to stay as the […]

Shares of Full Truck Alliance Co. Ltd. (YMM), a digital freight platform, are rising more than 15% Monday morning after reporting better-than-expected third-quarter results. Net income in the third quarter was RMB618.4 million or $84.8 million, an increase of 56.4% from RMB395.5 million in the same period a year ago. Net income per ADS was RMB0.58 or $0.08, up from […]

In a recent interview, BitGo CEO Mike Belshe shared insights on the prospects of a Bitcoin ETF approval by the U.S. Securities and Exchange Commission (SEC), as reported by Decrypt. According to Decrypt’s report, Belshe conveyed a mix of optimism and caution, acknowledging progress in discussions between ETF applicants and the SEC but also predicting further rejections.Belshe’s optimism stems from […]

Bitcoin headed higher towards $38,000 despite the U.S. Securities and Exchange Commission (SEC) deferred its decision on an application by Hashdex to transform its existing Bitcoin futures ETF to a spot-market one. The Wall Street regulator also gave itself a deadline extension on the Grayscale Ethereum Futures-based ETF filing. Bitcoin Optimism Persists Despite ETF Delays The price of Bitcoin shot […]