Price analysis 4/29: SPX, DXY, BTC, ETH, BNB, SOL, XRP, TON, DOGE, ADA
Bitcoin and altcoins are falling toward strong support levels, which appear likely to hold in the short term.
Tag: 29. April 2024
68% of Runes are in the red — Are they really an upgrade for Bitcoin?
Bitcoin Runes’ debut stirred controversy with high fees and poor initial returns, but supporters say the tokens upgrade the Bitcoin...
This Week’s Crypto Winners and Losers: Helium Surges 34%, ENA Plummets 25%
The crypto market holds steady at a valuation of $2.31 trillion, experiencing a 2.60% decline in the last 24 hours....
Ethereum Technical Analysis: ETH’s Consolidation Phase Highlights Potential Downward Trajectory
As ethereum continues its price fluctuations, technical indicators on the 1-hour, 4-hour, and daily charts suggest a bearish outlook with...
Bitcoin Technical Analysis: Persistent Bearish Trends Hinder BTC’s Recovery
As of April 29, 2024, bitcoin remains under considerable bearish pressure according to multiple indicators across different time frames. Currently...
Taiwanese Prosecutors Indict 32 Individuals Implicated in $24.5 Million ACE Exchange Fraud Scheme
At least 32 individuals connected to the now-defunct Taiwan-based cryptocurrency exchange, ACE Exchange, have been indicted on fraud charges. Prosecutors...
Altcoin season brews as bullish trading pattern forecasts explosive price move
Analysts cite a classic trading pattern and growth in the altcoin total market capitalization index as proof of an upcoming...
Circle’s USDC overtakes Tether’s USDT in stablecoin transactions: Visa
Despite Circle's rising transaction count, Tether's USDT still accounts for over 68% of the entire stablecoin market.
The rise of DePINs: From noise pollution sensors to robo-cafes
Decentralize with Cointelegraph dives into the inner workings of DePINs and how they leverage blockchain to revolutionize real-world applications.
What are blockchain rollups?
Unlock the full potential of blockchain with rollups, the ultimate scalability solution for faster, more affordable transactions.
Weekend Wrap: Bitcoin Hilton opens next year, BlackRock ETF 3 days of nil and more
The 80-room Hampton by Hilton hotel in El Salvador — funded with Bitcoin layer-2 tokenized bonds — will be fully...
Consensys Seeks Court Ruling to Protect Ether and MetaMask from SEC Overreach
Consensys, the company behind MetaMask, has filed a lawsuit against the U.S. Securities and Exchange Commission (SEC) in a bid...
Yuga Labs Resumes Layoffs; CEO Says Web3 Platform ‘Lost Its Way’
According to Greg Solano, co-founder of Yuga Labs, the Web3 platform has laid off additional workers partly because it had...
Latam Insights: Venezuela to Leverage USDT for Sidestepping Sanctions, Chivo Wallet Disregards Hacking Allegations
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In...
Veteran Trader Peter Brandt Suggests BTC May Have Topped, Predicts a Decline to Mid-$30K
According to veteran pro trader Peter Brandt, bitcoin may have peaked when it achieved a new all-time high of $73,835....
