Voting on the proposal is open from Dec. 27 until Jan. 1, with all votes that have been cast so far in favor of the proposal. Source link
Day: December 27, 2024
Post-Christmas miracle as Bitcoin ETFs clinch inflow after 4-day bleed
US spot Bitcoin ETFs notched a positive net inflow after four trading days that bled over $1.5 billion. Source link
BTC could rebound in ‘coming days’ as metric signals growing buy pressure
Bitcoin may be due for a strong price rebound in the coming days with immediate spot buyer demand rising on crypto exchange Binance. Source link
Dogecoin (DOGE) Steadies Above Support: Can It Build Momentum?
Dogecoin revisited the $0.30 support zone against the US Dollar. DOGE is now consolidating and might gain traction if it clears the $0.3165 resistance. DOGE price started another decline and traded toward the $0.300 level. The price is trading below the $0.320 level and the 100-hourly simple moving average. There is a connecting bearish trend line forming with resistance at $0.3165 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could gain momentum if it clears the $0.3165 and $0.320 resistance levels. Dogecoin Price Revisits…
BONK falls 7% despite BURNmas taking $51M in tokens out of circulation
The Bonk team initially promised to execute the burn on Christmas Day, but didn’t get around to it until a day later on Dec. 26. Source link
XRP Price Takes a 5% Hit: Is More Downside Ahead?
Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…
Is the Decline Gaining Momentum?
Este artículo también está disponible en español. Ethereum price started a fresh decline from the $3,550 resistance. ETH is now showing bearish signs and might slide below the $3,300 level. Ethereum started a fresh decline from the $3,550 zone. The price is trading below $3,450 and the 100-hourly Simple Moving Average. There was a break below a connecting bullish trend line with support at $3,450 on the hourly chart of ETH/USD (data feed via Kraken). The pair could gain bearish momentum if it settles below the $3,300 level. Ethereum Price…
Is the Bitcoin DCA opportunity over? Here’s what traders are thinking
Some crypto traders suggest that altcoins may be a better pick than Bitcoin “at this juncture,” though not everyone agrees. Source link
Bitwise files for ETF tracking firms with big Bitcoin treasuries
Bitwise has filed for an ETF that would invest in large market cap public companies with at least 1,000 Bitcoin on their balance sheets. Source link
Bitcoin Price Takes Another Hit: Bears Tighten Their Grip
Este artículo también está disponible en español. Bitcoin price failed to surpass $100,000 and corrected gains. BTC is back below $96,500 and might revisit the $93,200 support zone. Bitcoin started a fresh decline from the $99,400 zone. The price is trading below $96,500 and the 100 hourly Simple moving average. There was a break below a connecting bullish trend line with support at $98,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another increase if it stays above the $95,000 support zone.…