Cryptocurrency analyst and trader Rekt Capital recently shared a compelling insight into Bitcoin’s price trend. He highlighted that BTC seems to be following a historical price pattern from eight years ago, during a previous bull cycle. This revelation suggests that Bitcoin could be on the verge of significant growth in the upcoming months. The 2016
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Robinhood Markets Inc. is the latest crypto trading platform in the crosshairs of the Securities and Exchange Commission (SEC). The SEC has informed Robinhood that it is considering filing a lawsuit alleging violations of Sections 15(a) and 17A of the Securities Exchange Act of 1934. Section 15(a) prohibits broker-dealers from effecting securities transactions without proper
The world of cryptocurrency can be a volatile and unpredictable one, and the recent performance of Friend.tech’s $FRIEND token is a testament to that. In the last hour alone, the token has experienced a 4.3% drop in value, following a trend of red candles in the broader cryptocurrency market. This comes on the heels of
While Cardano (ADA) may currently be experiencing a lackluster price action, analyst Ali Martinez suggests that the cryptocurrency could be gearing up for a parabolic run. Martinez’s analysis is based on the historical trend of ADA’s price formation. The cryptocurrency saw a correction path starting from mid-March, when it reached a peak of $0.79. Since
Recently, Bitcoin has displayed remarkable resilience by bouncing back above the $60,000 mark, following a significant dip below $57,000. Renowned analyst and market expert Peter Brandt has expressed his confidence in Bitcoin’s ability to reach a six-figure value by 2025. In a blog post marking his 50th year in future markets trading, Brandt emphasized his
The crypto research platform 10x Research recently highlighted the fact that the Bitcoin Relative Strength has surged to 40%. According to their findings, whenever the relative strength index (RSI) of Bitcoin drops to 40%, the flagship cryptocurrency has historically seen potential rallies. This suggests that Bitcoin could be on the verge of another rally following
Coinbase, the leading cryptocurrency exchange in the United States, recently reported its earnings for the first quarter of 2024. The company’s total revenue for the quarter stood at a remarkable $1.6 billion, representing a substantial 72% increase compared to the previous quarter. Moreover, Coinbase’s net income reached an impressive $1.18 billion, equivalent to $4.40 per
While the recent correction in the cryptocurrency market has caused prices of various digital assets like Bitcoin and Ethereum to hit multi-month lows, XRP has managed to show resilience. Despite briefly dropping below $0.50, XRP has actually seen a 3% increase over the past two weeks based on CoinGecko’s data. This has led to analysts
Bitcoin’s recent price fluctuations have been nothing short of dramatic, with prices swinging wildly from a high of almost $65,000 to a low of $56,500 within a matter of days. This volatility was fueled by a mix of market speculation and external factors, such as the US Federal Reserve’s decision on interest rates. While Bitcoin
The recent slump in Bitcoin post-Halving has had an impact on Solana meme coin traders, leaving many feeling blue. However, in a surprising turn of events, a new depressed rodent token named Sad Hamster has seen its price, denoted as HAMMY, explode overnight. The Sad Hamster meme has gained significant traction in the Solana meme