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Bitcoin recently encountered a significant rejection at the $62,498 resistance level, highlighting the prevailing bearish dominance in the market. This failure to surpass a crucial threshold underscores the strength of selling pressure and raises concerns about potential downward trends. The rejection at this key level serves as a cautionary signal for traders and investors, prompting
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The gaming-focused blockchain Oasys has recently announced a strategic partnership with Vortex Gaming, a well-known gaming community platform in South Korea. This collaboration is set to expand Oasys’ presence in the Korean market by allowing Vortex players to access the latest blockchain-based games available on the Oasys platform. By tapping into Inven’s extensive Korean gamer
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The ongoing lawsuit between Ripple Labs and the US Securities and Exchange Commission has been a topic of much speculation since it began in 2020. With the trial currently underway, the outcome remains uncertain, leaving investors wondering about the future of XRP and its legal status. The court’s main focus is to determine whether XRP
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Recently, a US bankruptcy court granted FTX approval to proceed with a liquidation plan that would involve paying customer claims in cash. The plan, which is set to pay customers based on the cryptocurrency prices at the time of FTX’s collapse in November 2022, has sparked controversy among creditors. Despite objections from customers who believe
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The price of Bitcoin (BTC) has continued its downtrend, dropping to new local lows of under $59,000. During the mid-hours of the United States Monday trading session, BTC briefly fell below $60,000 to hit a new local low of $58,500. This downward trend has been sustained as outflows from the U.S. spot Bitcoin exchange-traded fund
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The once-thriving crypto market is currently experiencing a significant downturn, with Bitcoin at the forefront of the retreat. Following its meteoric rise to over $73,000 earlier this year, Bitcoin has lost its momentum and is now plunging to new lows. This downward trend has sparked a wave of panic among investors, triggering a mass exodus
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Anthony Scaramucci, the founder of SkyBridge Capital, has made some bold predictions regarding Bitcoin’s price if Joe Biden wins the upcoming US presidential election. During an interview on Unchained, Scaramucci claimed that Bitcoin could potentially reach new all-time highs under a second Biden administration. He anticipates that Bitcoin’s price could soar to anywhere between $170,000
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