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Cryptocurrency analyst and trader Ali Martinez says blockchain oracle Chainlink (LINK) has upside potential based on the readings of certain indicators. martinez To tell His 60,600 followers on social media platform The TD Sequential Indicator is a technical analysis tool that is typically used to identify potential price reversal points following trend exhaustion. According to Martinez, if key support areas hold, LINK could move up about 12% from current levels. “If LINK breaks above the support at $13.87, we could see a strong rebound towards $15.50.” Source: Ali Martinez/X At the time of writing, Chainlink is trading at $13.90. While…

Reading time: Five minutes You sound like a cryptocurrency enthusiast who worries about everything. scam We want to know what's going on in the crypto market and protect ourselves from it. is that so? If so, this guide is meant to keep you in the safe zone. Because the crypto industry is huge, cybercriminals are always looking for ways to exploit people in it in any way they can. It is imperative that you keep your emails safe to avoid falling victim to scams. In 2022, Kaspersky reported preventing approximately 5 million cryptocurrency-related phishing attacks. This is an increase of…

The hype surrounding cryptocurrencies seems to be fading. The cryptocurrency market has been strong all year, but that momentum appears to be coming to an end as April draws to a close. The overall market has fallen, but the big players are leading the way. Bitcoin (BTC -5.07%) Stocks have fallen 4.7% since the market closed on Monday. Ethereum (Ethereum -6.62%) It has fallen by 6.5%. dogecoin (Doge -6.48%) 6.1% off. And it continues to be a bad week, with the token falling 9.7%, 8.1%, and 18.2% in the past seven days. Cryptocurrency ETFs have reached saturation The arrival of…

House Financial Services Committee Chairman Patrick McHenry accused SEC Chairman Gary Gensler of misleading Congress regarding Ethereum's classification during testimony in April 2023.The accusations come as tensions over regulatory approaches to digital assets have escalated in recent months, with some industry players filing lawsuits against watchdogs for overstepping their mandate.”Arbitrary and capricious”in statement In a document released on April 30, McHenry cited recent court documents suggesting that Gensler intentionally avoided questions from the commission regarding whether the SEC considers ETH to be a security. emphasized.This allegation raises concerns about the SEC's transparency and consistency, especially since it contradicts previous statements…

The Department of Justice announced Tuesday that Roger Ver, a prominent figure from Bitcoin's early days, has been indicted on charges of mail fraud and filing false tax returns. In a press release announcing the charges, the agency said “Bitcoin Jesus” evaded nearly $50 million in taxes. This is a reference to the nickname Barr received around 2010 due to his habit of gifting Bitcoin to people he met. Barr, a California native, renounced his U.S. citizenship shortly after obtaining a passport from St. Kitts and Nevis in 2014. At the time, he claimed the decision was a protest against…

The crypto market has seen its market capitalization drop by nearly $200 billion in the past 24 hours, as some of the biggest players in the industry appear to want to dump their cryptocurrencies. Digital asset management firm Grayscale has transferred approximately $2.5 billion worth of Bitcoin (BTC) to Coinbase for possible sale on the public market, according to cryptocurrency de-anonymization platform Arcam. . According to Arkham data, Grayscale is sending BTC to Coinbase Prime or Coinbase-related addresses, primarily in batches of $42.84 million. Source: Arkham According to Arkham, Grayscale also has a significant amount of altcoins including Ethereum (ETH),…

The cryptocurrency market has shed nearly $200 billion in market capitalization in the past 24 hours, as some of the industry's biggest companies appear to be trying to unload their coins. Digital asset management firm Grayscale has transferred approximately $2.5 billion worth of Bitcoin (BTC) to Coinbase for possible sale on the public market, according to cryptocurrency de-anonymization platform Arcam. . According to Arkham data, Grayscale is sending BTC to Coinbase Prime or Coinbase-related addresses, primarily in batches of $42.84 million. Source: Arkham According to Arkham, Grayscale also has a significant amount of altcoins including Ethereum (ETH), Avalanche (AVAX), Polygon…

Hong Kong today welcomes the launch of the long-awaited Ethereum ETF. This historic event sparked various activities in the cryptocurrency industry. Amid mounting speculation, Zhu Haokang, head of digital asset management at China AMC, spoke about how an Ethereum ETF could outperform a Bitcoin ETF in Hong Kong. This development will ultimately create a new wave of change for spaces to be encountered and explored. Also read: Ethereum end-of-April price prediction: Could ETH reach $4,000? Ethereum ETF becomes reality Source: Watcher.Guru Hong Kong has welcomed the new wave of ETH ETFs as a new area for the region to explore.…

Crypto analyst Ali Martinez provided insight into why $59,800 is an important price level for Bitcoin’s future trajectory. Analysts have identified two things that could happen if the leading cryptocurrency falls this far. Why $59,800 is an important level for BitcoinIn a post on X (formerly Twitter), Martinez stated that the realized price for short-term Bitcoin holders (STH) is $59,800. He added that BTC has historically often rebounded from this level during uptrends, meaning a drop to that price level could mean the flagship cryptocurrency could experience a massive pump. .However, Martinez also warned of what could happen if Bitcoin…

The euro zone economy recovered from a mild recession in the first quarter as Germany returned to growth and expansion accelerated elsewhere, but inflation remained strong and the European Central Bank cut interest rates. The grounds for demanding this have become stronger. The GDP data for the fourth quarter was also revised downward to -0.1% from the previous 0.0%, meaning the euro area has entered a technical recession in the second half of 2023. GDP contracted by 0.1% in the third quarter. This figure reflects the general expectation that the recovery in the euro area will be slow. The IMF…