Dogecoin started a fresh decline below the $0.250 zone against the US Dollar. DOGE tested $0.2050 is now consolidating below the $0.2250 resistance. DOGE price started a fresh decline below the $0.260 and $0.250 levels. The price is trading below the $0.2380 level and the 100-hourly simple moving average. There is a connecting bearish trend line forming with resistance at $0.2180 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could start a recovery if it clears the $0.2180 and $0.2200 resistance levels. Dogecoin Price…
Day: February 25, 2025
XRP Price Settles Lower—Will Sellers Push It Further Down?
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…
Ohio introduces bill preventing state taxes on crypto payments
The legislation also requires state pension funds to evaluate investing in crypto exchange-traded funds, and covers the right to self-custody and crypto mining. Source link
Ethereum Price Sinks 10% – Is This a Buying Opportunity?
Este artículo también está disponible en español. Ethereum price started a fresh decline from the $2,850 resistance zone. ETH is down over 10% and is struggling to stay above the $2,500 level. Ethereum is facing an increase in selling below the $2,650 zone. The price is trading below $2,750 and the 100-hourly Simple Moving Average. There is a short-term bearish trend line forming with resistance at $2,600 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a decent upward move if it settles above $2,600…
SEC acknowledges filing for Grayscale’s spot Cardano ETF
NYSE Arca has filed a proposal with the SEC to list and trade shares of the Grayscale Cardano Trust on the stock exchange. Source link
Bitcoin Price Tumbles 5%—Key Support Levels in Focus
Este artículo también está disponible en español. Bitcoin price started a fresh decline below the $95,000 support. BTC must stay above the $90,000 zone to avoid more losses in the near term. Bitcoin started a fresh decline from the $98,500 zone. The price is trading below $95,500 and the 100 hourly Simple moving average. There is a short-term triangle forming with resistance at $92,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another decline if it fails to stay above the $90,000…
El Salvador resumes Bitcoin purchase after one-week pause, adding $661,000 in BTC
Key Takeaways El Salvador resumed its Bitcoin buying strategy, adding 7 BTC worth $661,000. The purchase aligns with an IMF agreement, modifying Bitcoin policies in El Salvador. Share this article El Salvador purchased 7 Bitcoin worth $661,000 today, resuming acquisitions after pausing its daily buying strategy on Feb. 18, according to Arkham Intelligence data. The Central American nation now holds 6,088 Bitcoin, valued at approximately $558 million at current prices. The country had previously implemented a strategy of purchasing one Bitcoin daily, which began in November 2022. The halt came…
US authorities seize $31M of crypto tied to 2021 Uranium Finance hack
US officials have seized $31 million worth of crypto linked to a 2021 hack of Uranium Finance, a now-defunct DeFi platform on BNB Chain. Source link
Sam Bankman-Fried returns to Twitter after two-year silence, giving HR and corporate management advice
Key Takeaways Bankman-Fried’s unexpected return to X, after a two-year hiatus, focused on layoffs and corporate challenges. He emphasized that terminations are often not the employee’s fault but sometimes necessary for business needs. Share this article Sam Bankman-Fried, the disgraced former CEO of FTX, has ended his two-year silence on X with a series of posts discussing employee terminations and corporate management challenges. The tweets, which came out on Monday evening, have sparked widespread discussion and speculation among members of the crypto community. 1) I have a lot of sympathy…
Bitcoin falls under $91K — Bitfinex says it’s at a ‘critical juncture’
Bitfinex analysts said Bitcoin is mirroring traditional markets, and its lack of price momentum has “led to a period of contraction” for crypto markets. Source link