In the world of cryptocurrency, predictions and speculations about the price of Bitcoin are common occurrences. One such prediction comes from the crypto financial services platform Matrixport, which has set a bullish target of $63,000 for Bitcoin. This prediction is based on various factors that are expected to drive the price of BTC to new
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In a recent turn of events, the Energy Information Administration (EIA) has decided to halt its controversial survey of crypto mining firms due to a lawsuit filed by Riot Platforms and the Texas Blockchain Council. This decision came after the lawsuit was launched on Feb. 22, naming the EIA, the Department of Energy, the Office
Recently, crypto analyst Ali Martinez, also known as @ali_charts, shared a technical analysis that has sparked interest among ADA traders. The analysis points out a potential sell signal on the three-day chart for Cardano against the US dollar. This sell signal, indicated by the TD Sequential indicator showing a ‘9’ setup, is often viewed as
The Wall Street Memes ecosystem is currently anticipating a major event in February that could potentially impact the price of the $WSM token. The WSM Casino recently announced a significant growth milestone for the GambleFi project, with $10 million worth of crypto assets deposited onto the platform. This surge in activity has been attributed to
The launch of spot Bitcoin Exchange-Traded Funds (ETFs) by industry giants BlackRock and Fidelity has been a significant event in the cryptocurrency market. These ETFs have seen massive net inflows of $5.278 billion within a short six-week period, hinting at growing investor interest in Bitcoin. Despite this, the price response of Bitcoin has been relatively
Ethereum saw a brief surge above $3,000 this week, marking a 4% increase in price. However, the cryptocurrency soon entered into a correction phase, potentially re-testing the key support level at $2860. To sustain the bullish momentum, buyers must defend the support and push the price back above $3,000. Failure to do so could invite
The price of Bitcoin (BTC) has recently surged past the $52,000 mark, sparking optimism among investors. The well-known cryptocurrency analyst, Titan of Crypto, has predicted a potential “Bull Flag formation” for Bitcoin in the near future. According to Titan of Crypto, Bitcoin is currently retesting the Tenkan indicator, with a near-term price target set at
PlutoSwap (PLUTO) has emerged as a noticeable player in the DeFi space, capturing the attention of investors with its innovative AI-Powered DEX aggregator. The project recently initiated its community presale, allowing early participants to get involved in its success from the outset. One of PlutoSwap’s standout features is its cutting-edge AI-powered pathfinder algorithm, which helps
Kraken, a prominent cryptocurrency exchange, recently found itself embroiled in legal action initiated by the US Securities and Exchange Commission (SEC). The charges brought against Kraken were said to be a response to the firm’s vocal advocacy for regulatory boundaries within the digital asset industry. In a blog post dated February 22, Kraken revealed that
The SHEboshi NFTs, which are associated with the popular meme coin Shiba Inu (SHIB), witnessed a lightning-fast success. With all 20,000 collectibles sold out in less than three hours post-launch, it is evident that there was a huge demand for these digital assets. Initially priced at 0.05 ETH each, the floor price of SHEboshi NFTs