The recent drop in Bitcoin price by more than -22% since March has caught the attention of Jacob Canfield, a trading mentor at Trading Mastery. Canfield’s analysis focuses on historical patterns observed in Bitcoin’s pricing trends, suggesting a potential further decline in the Bitcoin price. According to Canfield, Bitcoin has a tendency to retest yearly
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The MetaMask Delegation Toolkit, developed by Ethereum firm ConsenSys, is revolutionizing the way users onboard to Web3 applications. Traditionally, users have had to navigate through browser extension wallets, mobile apps, and seed phrases to access decentralized applications (dapps). However, with the Delegation Toolkit, these hurdles are eliminated, allowing for instant user onboarding without the cumbersome
The Republican Party has announced the inclusion of Bitcoin and other cryptocurrencies in their official platform for the 2024 election, signaling a significant shift within the party towards embracing digital assets and blockchain technology. This move aligns with former President Trump’s recent statements in support of cryptocurrencies and reflects a broader trend towards recognizing the
Sovereign Nature Initiative (SNI) has recently announced a groundbreaking partnership with Unique Network and WalletConnect on the Polkadot blockchain. This collaboration, known as DOTphin, is set to launch at the highly anticipated Polkadot Decoded 2024 event. This initiative has garnered significant support from the Polkadot community through Polkadot OpenGov, showcasing a strong commitment to leveraging
In the world of cryptocurrencies, the regulatory landscape is constantly evolving. The introduction of Europe’s Markets in Crypto-Assets Regulation (MiCA) on June 30 has significantly impacted the market dynamics. With the new regulation in place, there has been a noticeable trend towards compliant stablecoins, such as Circle’s USDC, as market participants seek transparency and regulatory
In recent days, Bitcoin has experienced a significant drop in price, reaching its lowest level since February. However, analysts at Bitfinex believe that there are on-chain signs indicating that the leading cryptocurrency may be approaching a potential local bottom. Despite the recent market volatility, data from July 6 and 7 suggest that Bitcoin’s correction may
Following a difficult week in the cryptocurrency market, Chainlink (LINK) managed to gain over 4% in 24 hours. This increase in price was supported by the accumulation of over 6.2 million LINK by whales, totaling approximately $76.88 million. Despite LINK losing nearly 10% over the week, the confidence of large holders in the asset remained
Renowned trader Peter Brandt recently raised concerns about Bitcoin potentially dropping to as low as $44,000. He based this prediction on a technical indicator signaling a bearish outlook for the leading cryptocurrency. Brandt suggested that if Bitcoin has completed a double top, it could experience a significant reversal to the downside. Despite Brandt’s warning, analyst
Legend of Arcadia (LOA) Season 2: Grandia World Tour continues the innovative play-to-airdrop (P2A) campaign that was highly successful in Season 1. Arcadia Rune Quest, the first season of the mobile card-based RPG Legend of Arcadia, laid the foundation for Season 2. This campaign rewards players for their engagement and achievements within the game. By
Messari, a prominent US-based crypto market intelligence platform, has made a bold declaration of independence from the Securities and Exchange Commission (SEC). The CEO, Ryan Selkis, announced this decision, citing the regulator’s strict approach to the growing crypto industry. This move signifies Messari’s dissatisfaction with the SEC and its leadership under Chair Gary Gensler. In
