Bouncing off from the recent retest of $93,540, Bitcoin has regained bullish momentum. Sustaining above a local support trendline, the BTC price is likely to bounce towards the $100,000 mark. Currently, Bitcoin trades at a market value of $96,191, hinting at a potential morning star pattern. Will this reversal pattern propel BTC price back to $106,000 levels? Let’s find out. BTC Price Aims Ascending Triangle Breakout In the daily chart, the BTC price trend showcases a bearish reversal from the $106,000 resistance level. This downfall has retested a short-term support trendline, creating an ascending triangle pattern. The ascending triangle pattern…
Author: cryphedge
As the crypto market has suddenly shifted into bullish gears, Litecoin is on the verge of starting the new altcoin season. With an intraday surge of 5.82%, Litecoin is close to surpassing its critical resistance level. With a potential breakout, Litecoin could rise to $165 in the next couple of days. Is this the start of Litecoin’s rally towards the $2,000 psychological mark? Let’s find out. LTC Price Action: Inverted Head and Shoulders Formation In the daily chart, the LTC price trend reveals a lateral shift. The two crucial parallel boundaries of the consolidation range are at the $100 psychological…
The utility token of UnchainX, UNX, has gained significant traction, previously ranking among the top tokens in the BSC section of Dexscreener, a platform that provides real-time prices and charts for tokens traded on decentralized exchanges (DEXs). With this momentum, UNX is set to be listed on the centralized exchange (CEX) AscendEX on February 19, 2025, at 10:00 UTC. This listing has sparked growing interest, as investors anticipate further growth and additional exchange listings.UnchainX continues to expand its ecosystem alongside the growth of the DeFi market. In addition, the platform has announced major upcoming updates in 2025, including:X-LauncherGovernance NFT MintingGovernance…
The Dogecoin (DOGE) market has experienced several trials over the years. Despite garnering increased support from billionaire Elon Musk, DOGE failed to bring in massive gains for its investors. The asset’s lack of utility was a major shortcoming. The OG meme coin, however, remains within the top ten, as its market cap sits at $37.41 billion. Despite its rally during the last few months of 2024, DOGE struggled to hit $1. Is the asset looking forward to redeeming itself this month?Also Read: How U.S. Industries Could Thrive if Zelensky Had Accepted Trump’s 50% Mineral DealHas Dogecoin Started Its Recovery Phase?Source:…
The US economy is currently at a crucial juncture. It appears that the newly inducted Trump administration is preparing to revamp the US crypto and trade policies. Recently, the US SEC appointed a special crypto task force to establish a clear cryptocurrency regulation framework. The US government announced trade tariffs against China, Mexico and Canada, and imposed tariffs on foreign aluminum and steel. Interestingly, at a time when the world is discussing whether US president Donald Trump Donald Trump Donald Trump is an American former president politician, businessman, and media personality, who served as the 45th president of the U.S. between…
FORT LAUDERDALE, Fla., Feb. 18, 2025 /PRNewswire/ — March 25-27, 2025 – The world’s largest Bitcoin mining conference is back and bigger than ever! Mining Disrupt 2025 will take over the Broward Convention Center for an unforgettable two-day experience of innovation, networking, and industry-shaping discussions. This 7th edition of Mining Disrupt promises to be our most exciting yet, with miners, innovators, investors, and blockchain enthusiasts from around the globe coming together to shape the future of Bitcoin mining. What’s Happening at Mining Disrupt 2025? World-Class Speakers – Industry leaders and disruptors sharing their insights on Bitcoin mining, blockchain, and finance.Expert Panels &…
Dogecoin’s recent celebrity endorsements have supplied the boost it needs to surge following the Dogecoin price’s prolonged inactivity. This newfound impetus has catapulted the Dogecoin price ahead of Avalanche (AVAX), which has also seen slight price increases today. Nonetheless, leading analysts say neither the Dogecoin price nor Avalanche (AVAX) will touch WallitIQ’s (WLTQ) expected 50x ROI pre-listing. Here’s how WallitIQ’s (WLTQ) solid fundamentals are driving this rapturous growth. WallitIQ’s (WLTQ) AI-Crypto Platform Attracts Investors Amid Market Uncertainty The WallitIQ (WLTQ) token is gaining the focus of several large-scale investors, who expect to earn a 50x ROI from the AI token…
Bitcoin (BTC) financial services firm Fold Holdings will debut on the Nasdaq on Feb. 19, becoming the 12th crypto-native company listed on the stock exchange.According to a Feb. 18 statement, the listing will take place following the completion of its merger with FTAC Emerald Acquisition Corp. (FTAC), a special purpose acquisition company (SPAC).The newly combined company will continue to operate under Fold Holdings.Its common stock and warrants are expected to commence trading on the Nasdaq under the ticker symbols “FLD” and “FLDDW,” respectively. The listing is still pending final approval.Will Reeves, co-founder and CEO of Fold, said:“Six years ago, we…
Nigeria’s Securities and Exchange Commission (SEC) is working on a plan to tax crypto transactions as part of a broader effort to increase government revenue, Bloomberg reported on Feb. 18.According to the report, the regulatory body intends to bring eligible crypto transactions on licensed exchanges under the country’s tax framework. Meanwhile, a bill outlining the tax structure is under review and could be approved within the quarter.While the SEC has not disclosed the expected revenue from this initiative, officials believe it will generate a significant amount because Nigeria is one of the leading countries in crypto adoption.Some exchanges have already begun implementing…
The post Just In: SEC Acknowledges Bitwise’s XRP ETF Filing appeared first on Coinpedia Fintech News In a latest update, the U.S. Securities and Exchange Commission (SEC) has acknowledged Bitwise’s XRP exchange-traded fund (ETF). The crypto community is celebrating the move, viewing it as a positive signal for XRP’s price. The SEC has invited comments on the proposal, with a deadline 21 days after it is published in the Federal Register. After this period, the agency will decide whether to approve, disapprove, or initiate proceedings. The SEC has previously acknowledged spot XRP ETF filings from 21Shares and Grayscale, but has…
