Jamie Coutts, the chief crypto analyst at Real Vision, has brought attention to an indicator that suggests a positive future for Bitcoin (BTC). According to Coutts, Bitcoin’s hash rate decline is slowing down, which typically signals a possible bottom and reversal from the current bearish trend. However, Coutts mentioned that any bullish movement still hinges
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Cardano (ADA) has experienced an impressive 20.29% surge in price over the past seven days, aligning with the current positive momentum in the overall cryptocurrency market. This surge has been accompanied by a significant increase in trading volume, allowing ADA to outperform many other major cryptocurrencies with large market capitalizations. The primary reason behind ADA’s
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Over the last seven days, Bitcoin’s price has seen significant fluctuations, ranging from $54,000 to almost $60,000. Currently, it stands at around $58,000, according to data from Coingecko. Many analysts are predicting a potential surge in price, with some even speculating that Bitcoin could reach $90,000 to $100,000 in the near future. These predictions are
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The recent Bitcoin price crash back towards $56,000 has left many investors concerned about the future of the cryptocurrency. Despite a brief increase triggered by CPI data release showing lower than expected inflation rates, the bearish trend has persisted. One crypto analyst, Luca VIP, predicts that the decline is not over yet and expects the
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Ethereum’s price has experienced a significant drop recently, marked by a second rejection from the $4,000 resistance level. The daily chart indicates a pattern of lower highs and lows since the failed attempt to break the $4,000 level. Additionally, the market has broken below the 200-day moving average at around $3,100. Currently, the price is
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In a recent court hearing, Judge Katherine Polk Failla expressed doubt regarding Coinbase’s efforts to subpoena SEC Chair Gary Gensler in the ongoing legal dispute between the cryptocurrency exchange and the Securities and Exchange Commission. The hearing shed light on Coinbase’s persistent attempts to acquire Gensler’s communications, including statements made before he assumed the role
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The recent closure of the SEC investigation into Hiro Systems and the Stacks blockchain marks a significant milestone in the history of the Bitcoin Layer-2 network. This investigation, which spanned over three years, was initiated following the first-ever SEC-qualified offering by Stacks in 2019. The closure of this investigation without any enforcement action being recommended
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