Fast forward, and the cryptocurrency only closed below the 20-d SMA once on November 21. Thus, it gave a first warning, but it never closed below the more critical $34118 level, so we remained long. And remember, price levels are one’s trade-triggers. Not opinions, sentiments, divergences, etc. Then, on November…
Dogecoin has just completed another month in the green despite the various dips and turns that it took in November. This green monthly close marks its second consecutive green monthly after finishing out October in the green as well. With this trend now complete, let’s take a look at Dogecoin’s…
Soccer great Cristiano Ronaldo faces a $1 billion class-action lawsuit linked to his commercial relationship with cryptocurrency exchange Binance. The suit, dated Nov. 28 and filed in the District Court for the Southern District of Florida, in Miami, alleges that Ronaldo “promoted, assisted in, and/or actively participated in the offer…
Smaller tokens outperformed bitcoin during bullish November for crypto markets. AVAX, HNT, BLUR and RUNE were among the best performers with doubling prices in a month. The widening breadth of the crypto rally indicates “alt season,” ByteTree said. November brought explosive gains for altcoins as a wide range of smaller…
On-chain data shows Cardano is currently retesting a major resistance wall, breaking through which might pave the way to higher price levels. Cardano Is Facing On-Chain Resistance At Current Price Levels According to data from the market intelligence platform IntoTheBlock, there appears to be key on-chain resistance around the $0.38…
It’s an exhausting trend that’s plagued crypto for years: opportunistic developers whipping up bunches of tokens inspired by some hot concept. The latest inspiration is one of the most influential figures in crypto, at least among those obsessed with memes: Elon Musk, whose controversial words this week inspired the birth…
Crypto asset manager Grayscale has hired former Invesco Head of Americas John Hoffman to lead its distribution and partnerships team, six weeks before a decision is set to come out on whether the company will be allowed to launch a spot bitcoin (BTC) exchange-traded-fund (ETF). Hoffman – an ETF veteran…
Anticipation is building as major asset managers’ predicted approval date for Bitcoin ETF applications approaches 2024. Experts have now issued bold predictions, with Bloomberg exchange-traded fund (ETF) expert James Seyffart pinpointing the potential approval window from January 5th to January 10th. The significance of this timeframe has sparked excitement within…
The National Anti-Corruption Bureau of Ukraine (NABU) has seized $1.5 million worth of cryptocurrency from Yuriy Shchigol, Ukraine’s former head of the State Special Communications Service, according to local news outlet RBC. The seizure, which involved $1.2 million worth of tether (USDT) and 6.9 bitcoin (BTC), was supported by the…
The Meme-based cryptocurrency Dogecoin (DOGE) has recently experienced a significant increase in whale transactions during an improvement in the crypto asset’s price. 300 Million Dogecoin (DOGE) Dumped In Crypto Exchange Data from the on-chain crypto tracker Whale Alert recently revealed that a massive amount of Dogecoin (DOGE) was transferred to…
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