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Crypto analyst Ali Martinez has provided insights into why $59,800 is a crucial price level for the Bitcoin future trajectory. The analyst revealed two things that could happen if the flagship crypto drops that low.  Why $59,800 Is An Important Level For Bitcoin Martinez mentioned in an X (formerly Twitter) post that the Bitcoin short-term holder’s (STH) realized price is at $59,800. He added that BTC historically often bounces off this level during an uptrend, which would mean that the flagship crypto could experience a massive pump if it were to drop to that price level. Source: Glassnode However, Martinez also warned of what could happen if Bitcoin fails to experience this bounce, noting that a fall below this level could “trigger notable Bitcoin price corrections.” Although the crypto analyst didn’t menti...

The Cronos price surged over 4% in the last 24 hours to trade at $0.1326 as of 7:15 a.m. EST as investors engage in a CRO accumulation phase. This recent increase in the altcoin’s price follows the endorsement of Crypto.com by American rapper Marshall Mathers, who goes by the name Eminem. In a recent commercial video that included a voice over by the rapper, a man can be seen preparing for a fight.  At the end of the video, Crypto.com’s slogan, “Fortune favors the brave,” appears on screen, with crypto-related terms such as “proof of work” also shown throughout the video. You know what it’s always been. #FFTB #Ad @cryptocom pic.twitter.com/XZ3Qf7TkkR — Marshall Mathers (@Eminem) April 26, 2024 The Cronos Price Forms A Bullish Price Channel 4-hour chart for CRO/USDT (Source: TradingView ) After printing a series of higher highs and higher lows on the 4-hour chart, an ascending price channel has formed on CRO’s charts...

The metaverse ecosystem, which once took the crypto and non-fungible token communities by storm, may soon revive. This is after Yuga Labs, the digital asset incubation studio and the team behind the Bored Ape Yacht Club NFT collection, announced the launching of a new metaverse project in the Moonbirds NFT ecosystem. Yuga Labs Unveils Moonbirds Universe In an April 29 blog post, Yuga Labs, through its recently acquired subsidiary firm, Moonbirds, confirmed plans to launch a new metaverse venture dubbed the Moonbirds Universe. In this article, we shall dive in-depth into this now highly anticipated metaverse project. Today we’re announcing that we’re building the Moonbirds Universe, and it starts with you. [1/8] pic.twitter.com/Q5EhyC2Aaa — Moonbirds (@moonbirds) April 29, 2024 Launched in 2021, Yuga Labs is the leading web3 lifestyle and media company offering creative brand IP/NFT projects, gaming, and community experiences. Yuga Labs is home to leading non-fun...

Hackers who turned the president of Belarus’s passport into an NFT are now claiming to have infiltrated the country’s secret service and doxxed nearly 9,000 of its agents and informants. Belarus ian Hack ing collective Cyber Partisans said last week on Telegram and X (formerly Twitter) that it infiltrated the Belarus ian KGB’s site in late 2023, causing a two-month outage. Cyber Partisans claimed it downloaded the details of 8,600 KGB employees and used it to create a bot that can identify agents based on a photo of their face . “Send a good quality photo with one face to the bot, and if the image shows a KGB officer, the bot will provide information about him,” the group said. # Belarus #kgb got Hack ed by @cpartisans. The KGB website is down for 2months. KGB database leaked on our tg channel https://t.co/64lo0JPf4i pic.twitter.com/gmWeXtj3Xr — Belarusian Cyber-Partisans (@cpartisans) April 27, 2024 Details of the KGB hack shared by Cyber Partisans...

Thai SEC warns against deceptive crypto ads, urging compliance with regulations. Global regulators, the UK and Spain, have also been cracking down on misleading crypto promotions. Recent phishing incidents underscore the need for heightened vigilance in ad oversight. The Securities and Exchange Commission (SEC) of Thailand has initiated measures to combat misleading advertisements in the crypto space, aiming to protect investors from potential losses. On April 29, the Thai SEC issued a warning to all crypto exchanges operating in the country, cautioning them against the glamourization of crypto currency investments in their advertisements. Deputy Secretary-General Anek Yooyuen emphasized the importance of adhering to prescribed advertising standards to prevent investors from being misled. According to Yooyuen, advertisements in the crypto sector must refrain from containing false, exaggerated, distorted, or concealing information, as such practices violat...

Apr 28, 2024 at 09:38 // Price Author Coin Idol The price of Binance Coin (BNB) has been in a sideways trend since March 13, 2024. The price of the cryptocurrency has remained constant between $520 and $630. BNB price long-term forecast: range Since April 18, the price of BNB has risen towards the high of $630. Over the past month, the altcoin has moved horizontally from a lower to a higher price level. The price movement was minimal and was contained by the Doji candlesticks. Today, the BNB price has retraced above the moving average lines and return...

A bull flag recently formed on the Bitcoin chart, raising the possibility of a trend reversal soon enough as the flagship crypto makes significant moves to the upside. This crypto analyst suggests that the crypto could rise to as high as $100,000 when it makes that move. Related Reading: Is SUI Sinking? TVL Tanks As Crypto Price Fails To Keep Afloat Bitcoin’s Bull Flag Suggests More Upside Denis Baca, Head of Product at Zivoe Finance, noted that the bull flag formation on Bitcoin’s daily chart historically suggests that the crypto token is primed for more upsides. He added that the bullish pattern is “shaping up nicely” and that Bitcoin could potentially shoot up towards $100,000 once the declining volume picks up.  However, Baca further suggested that Bitcoin could drop below $60,000 before it makes such a parabolic move. He alluded to how the crypto token historically retests the support level of the 20-week SMA (small moving average) in May. Thi...

A widely followed cryptocurrency analyst and trader believes one type of crypto asset is about to implode. The analyst pseudonymously known as Credible Crypto tells his 391,500 followers on the social media platform X that memecoins could suddenly collapse in value. “Still a lot of salt in this space despite us being at new all-time high for BTC. Mainly because memes are the ‘only’ alts that have been pumping the last few months. Hearing lots of ‘this cycle is clearly different, it’s a meme supercycle’ etc. and ‘fundamentals don’t matter.’ Lots of people have lost hope on their non-meme alt holdings and the meme reply guys couldn’t be louder. Three things: 1. We’re going so much higher with this market as a whole. 2. There’s a meme reckoning coming. 3. Other alts will get their turn, in time.” Next up, the analyst says Bitcoin (BTC) could retest the lower $60,000 range before breaking through the upper trendline resistance. “And ...

The Wormhole price surged more than 14% in the last 24 hours to trade at $0.6228 as of 12:55 a.m. EST as investors begin re-accumulating the token. The gain in the W price was enough to flip its weekly performance into the green, with the altcoin up more than 8% over the past 7 days. But it’s still down more than 54% on the monthly time frame.  The Wormhole Price Trapped In Consolidation 4-hour chart for W/USDT (Source: TradingView ) The Wormhole price attempted to break out of its medium-term consolidation phase between $0.5058 and $0.6700 in the past 24 hours. However, sellers were able to prevent this from happening, leading to a rejection by the $0.6700 resistance. W will likely continue to consolidate in the coming 24 hours. Following the recent rejection, the altcoin could correct down to $0.5058 over the coming few hours.  If the Wormhole price manages to rise above the $0.6700 barrier in the next 48 hours, traders could identify the escape from the conso...

Investors search for the best crypto to buy now , prompting InsideBitcoins to compile a list of recommended options for investors regularly. Investors search the cryptocurrency market for tokens with high investment potential. Insidebitcoins curates a daily list of top-performing tokens with promising prospects. This article identifies the best cryptocurrencies worth considering for investment, providing valuable insights into noteworthy assets, emerging trends, and key factors to consider when determining your investment strategy. Top Cryptocurrencies to Invest in Now EOS has garnered attention in the crypto sphere with the launch of EOS Wrapped RAM (WRAM). Meanwhile, 99BTC has attracted substantial investor interest, accumulating over $798,830.94 in funding. Over the last month, WIF has experienced a notable surge of almost 34%, including a significant 36% increase within the past week alone. 1. EOS (EOS) Since its inception, EOS has garnered significant attention within the cry...

After 71 days of consecutive inflows, BlackRock’s iShares Bitcoin Trust (IBIT) has witnessed no inflows for the very first time. Nonetheless, BlackRock’s IBIT ETF (Exchange Traded Fund) still holds the largest cumulative inflow, with $15.4 billion. Source: SoSoValue Also Read: Bitcoin: Blackrock ’s Spot BTC ETF Inches Closer To Top 10 List The dip in inflows into BlackRock’s spot Bitcoin ETF could be due to macroeconomic developments. US core durable goods orders increased by 2.6% in March. Moreover, investor expectations of an interest rate cut from the Federal Reserve are fading as inflation remains above the Fed’s 2% target. Will Bitcoin (BTC) fall after BlackRock’s BTC ETF sees no inflows? BTC hit an all-time high of $73,737 in March this year. BTC’s stellar performance was filled by the US SEC’s (Securities and Exchange Commission) historic decision to approve 11 spot BTC ETFs, which were an instant success. Therefore, a drop ...

All Aave v2 markets are now operational, the team behind the non-custodial liquidity protocol announced in a November 13 post on X. This a day after v3 markets were unfrozen following the approval from the community. Aave is a platform where users can supply liquidity in exchange for rewards while borrowers are free to take loans while paying interest in a trustless environment. Aave v2 Markets Unfrozen, Security Is “Non-Negotiable” In the  post , Aave said the security of the decentralized finance (DeFi) protocol remains a “priority and is non-negotiable for the community.” On November 4, Aave  said they received a report “of an issue on a certain feature.” After being validated, the protocol decided to take a step and pause the operation of their v2 markets on Ethereum. At the...

Strike, a payments app focused on the Bitcoin blockchain, is now available in Europe. The platform recently expanded to Africa and its app is also accessible in Latin America. Strike raised $80 million in 2022 as it sought to expand its services globally. Strike, the digital payments app built on Bitcoin’s Lightning Network, announced the expansion to the Europe an market on April 24.  With this launch, Strike can now offer its customers in the region access to crypto, including the buying, selling and withdrawal of the world’s flagship cryptocurrency Bitcoin (BTC). What does Strike’s expansion to Europe mean? Strike’s launch in the Europe an market comes as the Crypto sector experiences renewed interest, particularly after the debut of spot Bitcoin ETFs in the United States. BTC price rallying to highs of $73k is fueling fresh demand amid the halving. The expansion into Europe will see the Bitcoin-centric platform challenge ...