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A top cryptocurrency analyst known for predicting the May 2021 Bitcoin crash said that certain indicators are signaling a bull market for BTC. A pseudonymous trader known as Dave the Wave told his 146,700 followers on social media platform He says it's a bullish signal. MACD is a momentum indicator used by traders to monitor potential trend reversals. Source: Dave the Wave Dave the Wave also points out that the monthly MACD consistently signals a bullish market for Bitcoin over a multi-year pattern. Source: Dave the Wave The analyst also suggested that Bitcoin's previous resistance near $67,000 may be turning…

dubaiUnited Arab Emirates, October 24, 2024 /PRNewswire/ — BybitThe world's second largest virtual currency exchange by trading volume, WSOT Copy Trading Festinvites cryptocurrency traders and investors to compete for a share of an exciting 100,000 USDT prize pool. running until October 31, 2024this event offers participants the opportunity to showcase their expertise and take advantage of the strategies of top traders. Bybit's WSOT Copy Trading Fest Offers 100,000 USDT Prize Pool to Crypto Investors World Series of Trading (WSOT) 2024 This is the fifth edition of Bybit's premier cryptocurrency trading event, which is known for attracting traders from all over…

Ethereum FUD shows no signs of slowing down, even though the price of the underlying asset is still falling. ETH has plunged more than 5% in the past 24 hours, falling from an intraday high of just over $2,600 to a low of $2,460. Although it has recovered slightly to trade at $2,550 at the time of writing, it remains depressed, having fallen more than 7% from its October high of $2,760 on Monday. Additionally, the ETH/BTC ratio continued to decline, dropping to 0.0375 on October 23, the lowest level since April 2021, according to Tradingview. ITC Crypto founder Benjamin…

Top economic news on Thursday will be the Eurozone and UK Purchasing Managers Survey.At 2:45 a.m. Eastern time, the French statistical agency INSEE releases business confidence survey data. The business confidence index for October is expected to be 98, down from 99 the previous month.At 3:15 a.m. ET, S&P Global will release preliminary survey data for French purchasing managers. Factory PMI in October is expected to be 44.9, up from 44.6 in September. At the same time, services PMI is expected to improve to 49.8 from 49.6 last month.Germany's preliminary PMI figures are scheduled to be released at 3:30 a.m.…

Solana (SOL), a Layer 1 competitor to Ethereum, is making waves with its rapid surge in daily revenue on the platform. As a result, the SOL price has increased by 5.62% to $174 and market cap of $82 billion at the time of writing. Additionally, the SOL blockchain has also emerged as a preferred destination for the launch of AI meme coins. Solana beats Ethereum with daily fees According to the latest data from IntoTheBlock, the Solana network's daily fees are over $4.1 million, which is currently higher than Ethereum's daily fees. Provided by: Into the Block The main reason…

Cryptocurrency prices today are once again causing investor speculation around the world, with Bitcoin (BTC) prices holding at the $67,000 level, while Ethereum (ETH), Solana (SOL) and XRP prices are mixed. It shows the transition of At the same time, the global cryptocurrency market capitalization rose by just 0.05% today to $2.31 trillion. Additionally, market capitalization increased by 17% to $83.46 billion. The price of Goatseus Maximus (GOAT) has soared 50% over the past day, further increasing investor attention to the broader cryptocurrency market. Here is a quick report on some of the top coins by market capitalization and their…

At the 16th BRICS Annual Summit held in Kazan, Russia, several key members discussed the role of cryptocurrencies in de-dollarization. The presidents of Russia, China, and Iran all emphasized the need for new digital platforms. At the core of this de-dollarization effort is BRICS Pay, a payment solutions platform based on blockchain technology and CBDC. BRICS Summit 2024 The 16th annual BRICS Summit officially opened in Kazan, Russia, with one topic taking center stage: de-dollarization. A few days ago at the BRICS Business Forum, Russian President Vladimir Putin discussed the use of crypto assets and central bank digital currencies (CBDCs)…

Major cryptocurrencies also joined stocks in a broad decline on Wednesday as the market lost the momentum seen earlier in the week. cryptocurrencyGain +/-Prices (recorded at 9:15 p.m. EDT)Bitcoin BTC/USD-1.54%$66,584.09Ethereum ETH/USD -4.50%$2,515.92dogecoin doge/usd -1.84%$0.1384 what happened: Bitcoin It plummeted to $65,188 during the trading session, recouping its losses overnight. Ethereum It fell below $2,500 for the first time in almost 10 days, hitting an intraday low of $2,463. Over the past week, Bitcoin's dominance has steadily increased at the expense of Ethereum and other altcoins. Total cryptocurrency transactions in the past 24 hours exceeded $277 million, the highest in a…

In the ever-evolving world of cryptocurrencies, Bitcoin and Ethereum stand as two titans, each with its unique strengths and purposes. As I delve into the intricacies of these digital currencies, it’s fascinating to see how they’ve shaped the financial landscape. Bitcoin, often hailed as digital gold, was the first to introduce blockchain technology, revolutionising how we perceive and use money.Ethereum, on the other hand, took blockchain to new heights by introducing smart contracts, enabling developers to create decentralised applications. This innovation has spurred a wave of creativity and utility far beyond simple transactions. While both Bitcoin and Ethereum share the…

Important points Michael Saylor has reversed his stance on Bitcoin self-control and now supports it as a fundamental right. Criticism from industry leaders influenced Saylor to revise his position. Share this article Michael Saylor says he will advocate self-custody of Bitcoin as a fundamental right after his proposal for bank custody sparked outrage among members of the crypto community.Clarifying his position, Saylor believes that individuals and institutions have the freedom to choose how to manage their crypto assets, stating that “Bitcoin can benefit from all forms of investment by all types of entities.'' I will accept it.'' I support self-custody…