Author: Timmy Grimberg

Este artículo también está disponible en español. Bitcoin, the titan of the cryptocurrency world with a market cap hovering around $1.9 trillion, has experienced a significant downturn, dipping below the psychological threshold of $100,000. This flash dump, occurring over just three days, has left many investors and analysts questioning whether this marks the end of the current bull market or signals a healthy correction within an ongoing bullish trend. Temporary Setback Or Trend Reversal? The price action has been particularly notable this week, with Bitcoin breaking through the $100,000 support level, which had held strong for eight consecutive days. Market…

contributor Posted: December 22, 2024 Render rebounded 29% in just 48 hours, after a steep 40% drop over the last week. The altcoin’s surge in trading volume and rising whale activity signal bullish momentum for Render, with $8.13 emerging as a key target level.  Render [RNDR] has been among the Solana ecosystem’s top gainers. The altcoin has surged by over 10%, trading at $7.43, at press time. According to CoinMarketCap data, Render’s trading volume and market cap have also seen significant increases. Notably, the coin’s trading volume skyrocketed by 43%, reaching $1.26 billion in just one day. A volatile week…

An Austin, Texas man, Frank Richard Ahlgren III, has been sentenced to two years in prison for filing false tax returns that underreported the capital gains from selling $3.7 million worth of bitcoin, the United States Department of Justice (DOJ) announced today.According to the DOJ, Ahlgren was an early Bitcoin investor who began purchasing bitcoin in 2011. In 2015, he acquired 1,366 bitcoins through his Coinbase account, a year in which the price of bitcoin peaked at approximately $495 per coin. By October 2017, Bitcoin’s value had surged, and Ahlgren sold 640 bitcoins for $5,807 each, totaling a gain of $3.7…

El Salvador has reaffirmed its dedication to Bitcoin, maintaining a strategy of active acquisition even after entering a financing agreement with the International Monetary Fund (IMF). This commitment reflects the nation’s drive to position itself as a global hub for cryptocurrency, while also accommodating changes necessitated by international financial pressures. El Salvador’s Dual Commitment: Bitcoin Expansion and IMF Agreement On December 19, El Salvador made a significant move by purchasing 11 BTC, valued at over $1 million. This latest addition brings the country’s total Bitcoin holdings to more than 5,980 coins, currently valued at over $577 million, according to the…

A former SEC official has warned Trump’s incoming administration will clash with Gensler’s handpicked officers, calling the SEC chair’s moves a “shameful deep state crusade.” Crypto War at the SEC: Stark Predicts Gensler’s Handpicked Team Will Face Trump’s Wrath John Reed Stark, former head of the U.S. Securities and Exchange Commission (SEC)’s Office of Internet […]

Uniswap retested key resistance levels as bullish indicators pointed to a potential breakout Market sentiment has been aligning positively with reduced selling pressure and Open Interest Uniswap [UNI] has grabbed the market’s attention with its sharp price movement and the uptick in its network activity, raising speculation about its long-term bullish potential in the DeFi landscape. At press time, UNI was trading at $14.60, following daily gains of 14.33%. This price rally, coupled with growing user engagement, hinted at renewed momentum. However, can Uniswap sustain its upward trajectory? Price action signals potential breakout Uniswap’s price charts revealed a clear upward…

Este artículo también está disponible en español. Crypto analyst Dima James has again raised the possibility of the Dogecoin price rallying above $10 in this market cycle. The crypto analyst alluded to historical data to show how high DOGE could go in this bull cycle.  How High Dogecoin Price Could Go In This Market Cycle In an X post, Dima James shared a chart that showed that the Dogecoin price could reach as high as $80 in this market cycle. The analyst also predicted that the cycle top for Dogecoin could happen sometime between February 11th and May 7th, 2025.…

Join Our Telegram channel to stay up to date on breaking news coverage The Hyperliquid price has surged 26% in the last 24 hours to trade at $32.08 as of 7:55 p.m. EST on a 1,912% pump in trading volume to $586 million. Hyperliquid Price Continues The Uptrend On Strong Support The Hype/USDT on the 1-hour timeframe shows a sharp bullish momentum, as the price continues to climb steadily after bouncing off key support levels. Currently trading at $32.13, the price briefly touched a high of $32.45 before showing signs of consolidation. This upward trend is strongly supported by the…

Follow Frank on X. Before I even arrived at this year’s Africa Bitcoin Conference, I saw attendees posting about Tando, a new Kenya-based payments app that allows users to spend their sats with merchants who don’t accept bitcoin.Just arrived in Nairobi 🇰🇪🛬 & the 1st thing I see as I exit is the @tando_me sign LET’S GO @AfroBitcoinOrg 🙌🏾 pic.twitter.com/zhPSP2dTH8— OKIN | Nikolai Tjongarero (@OKIN_17) December 8, 2024 “How is this possible?”, you might ask. Well, let me explain.To use Tando, you simply download the app and prepare to pay any merchant who accepts payments via M-PESA, Kenya’s mobile money service.…

Journalist Posted: December 22, 2024 XRP has declined again after a slight rebound in the last trading session. Whales remained in the accumulation mode despite price decline. Ripple’s [XRP] recent price decline has caught the attention of large investors, with on-chain data revealing significant whale accumulation. Coupled with a neutral MVRV ratio and stabilization at key support levels, these developments suggest a potential bullish reversal for the token. Ripple whale accumulation in full swing The Whale Holdings Distribution chart shows a steady increase in Ripple‘s balances among large holders. Analysis of wallets holding 1 million to 100 million XRP indicates an…