Bull flags are historically associated with more upside momentum, but Bitcoin price could still use a catalyst before rallying to new highs. Bitcoin printed a bull flag on the daily chart, a technical chart pattern associated with strong upward momentum for the asset. Could it signal the start of the post-halving bull run? Bitcoin bull flag…
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Republic First Bank’s 32 branches across the United States will reopen under Fulton Bank starting April 27, according to the FDIC. United States regulators have closed Philadelphia-based Republic First Bank, marking the nation’s first banking failure of 2024. It has sparked debate among the crypto community amid Bitcoin , Ether and several altcoins slightly faltering…
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This week’s Crypto Biz examines X’s upcoming payment system, the NYSE’s potential 24/7 trading, Block’s expansion into Bitcoin mining, and more. Social media platform X is set to incorporate a wide range of financial services into its ecosystem. Christopher Stanley, X’s head of payments, compared the future functionality of the platform to the combination of…
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The creator of the Bored Ape Yacht Club has been struggling with a changing market and still plans to focus on its Otherside metaverse project. Yuga Labs CEO Greg Solano had a “tough day,” he informed company employees in a message that he then shared with the world on X. Some of those employees had…
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Republic First Bank’s 32 branches across the United States will reopen under Fulton Bank starting next week, according to the FDIC. United States regulators have closed Philadelphia-based Republic First Bank, marking the nation’s first banking failure of 2024. It has sparked debate among the crypto community amid Bitcoin , Ether ETH, and several altcoins slightly…
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“Mt. Gox coins could become a relevant negative price contributor in the next weeks,” say K33 Research analysts. The potential return of more than $9 billion worth of Mt. Gox-era Bitcoin over the next few weeks might “spook the market” and put negative price pressure on Bitcoin, according to K33 Research analysts. Earlier this week on…
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Worldcoin will be selling up to 1.5 million WLD tokens to select trading firms outside of the United States every week for the next six months. Digital identity project Worldcoin will increase the supply of its WLD token by as much as 19% over the next six months through a swathe of private sales to…
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Dogecoin has “historical heritage” but whether it hits a one-dollar price target is still a risky bet. With the rising number of memecoins entering the market, Dogecoin’s strong community could keep the cryptocurrency from fading into obscurity, but analysts are skeptical of traders’ hopes that it could reach a price of one-dollar this cycle. A…
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Bitcoin bids and asks build around BTC spot price as analysis sees the chance of a liquidity hunt next. Bitcoin stalled its post-halving comeback at the April 22 Wall Street open as a “sea” of automated trading algorithms sold BTC. BTC/USD 1-hour chart. Source: TradingView Bids and asks squeeze BTC price Data from TradingView showed BTC price momentum…
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The forecast mirrors the growing demand for ETFs, as evidenced by recent positive inflows in the U.S. Bitcoin ETF market. Bitwise CEO Hunter Horsley has predicted that wealth management firms will increase their holdings of Bitcoin exchange-traded funds (ETFs). The prediction comes at a time when Bitcoin ETFs are expected to gain even more traction…
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