BTC nudged past $26,000 following CPI’s data announcement. Maximalists reiterated that the traditional financial system could not stop Bitcoin’s growth. Bitcoin [BTC] continued its unprecedented bulli...
Tag: Breaks
Bitcoin breaks multiple key resistance levels on path to $26K
Definition The 200 Week Moving Average (200W-SMA) The 200 Week Simple Moving Average provides a tool capturing the baseline momentum of a classic 4 year Bitcoin Cycle. Yearly Moving Average (365D-SMA)...
Bitcoin Breaks $26K as U.S. Inflation Slowed to 6% in February
“The macro backdrop is transitioning from that of tightening to significant loosening, or at least this is what the market is predicting,” Bob Ras, co-founder of Sologenic, a blockchain-powered ...
Bitcoin Price Breaks Above $25000 Monthly Resistance; Is $30000 Next?
Published 9 seconds ago BTC Price Prediction: Amid the US Bank crisis, the crypto market is witnessed a significant inflow as investors withdraw their Funds from banks and stablecoins. As a result, th...
Bitcoin price breaks $26K as US inflation comes in at 6%
The price of Bitcoin (BTC) saw a sharp uptick over $26,000 as the United States Department of Labor released the latest Consumer Price Index (CPI) data for February 2023. CPI rose 0.4% last month on a...
Breaking: Bitcoin Jumps 17% Breaks $26K As US CPI Inflation Cools To 6%
Crypto News: Bitcoin (BTC), the world’s largest digital asset price jumped by a whopping 18% over the past 24 hours to break the $26k price level. This spike comes after the February inflations look t...
Bitcoin hash rate booms as BTC breaks through $24k
Quick Take Bitcoin breaks through $24,000 and has been up 24.6% since Friday morning. More miners are starting to come online, and over a 14-day period, see the second biggest adjustment over a 14DMA ...
ADA Price Sees a 17% Upswing If It Breaks This Key Resistance
Published 42 mins ago Cardano Price Prediction: On March 12th, the crypto market witnessed a significant inflow and created a sense of relief rally in the majority of major cryptocurrencies. As a resu...
SVB seized by FDIC, Signature bank falls in heavy trade as bitcoin breaks down
The views and opinions expressed here belong solely to the author. Niche banks continue to fall apart. The Silvergate failure is being followed by Silicon Valley Bank (SVB), which collapsed on March 1...
Bitcoin breaks $20k following NFP and unemployment data, as markets favour 25bps instead of 50bps
Quick Take +311k jobs created vs. estimate of +205k. 3.6% unemployment rate vs. an estimate of 3.4% Bitcoin broke $20,000 immediately after DXY retreats to 104.8, which sees an uplift on major currenc...
Bitcoin Breaks Below Crucial Levels; Top Predictions for the Next 24 Hours!
Bitcoin price is plunging! Global market cap is approaching $900 billion! The start of the fresh trading day was marked by bloodshed within Satoshi’s Street! The US president, Joe Biden, proposed a n...
Bitcoin breaks down below $20k amid recent market pressure
After struggling with recovery for some time, bitcoin (BTC) has continued to lose value and is trading below $20,000 at $19,650. Since mid-January, this is the first time BTC has dropped below this cr...
Biden’s new budget cuts $31 billion in tax breaks for oil companies
President Biden’s 2024 budget released Thursday includes yet another broadside from the White House against oil companies. The budget proposal — which Republicans have said is going nowhere on Capitol...
S&P 500 Breaks Critical Support As SVB Financial Crash Slams Bank Stocks; Jobs Report Looms
Dow Jones futures fell slightly after hours, along with S&P 500 futures and Nasdaq futures ahead of Friday’s February jobs report. SVB Financial kept tumbling after triggering a bank stock s...
Grayscale CEO breaks down his firm’s legal strategy against the SEC
Episode 20 of Season 5 of The Scoop was recorded remotely with The Block’s Frank Chaparro and Grayscale CEO Michael Sonnenshein. Listen below, and subscribe to The Scoop on Apple, Spotify,...
How The Intra-GOP War Over Jan. 6. Breaks Down
Topline The top two GOP leaders in Congress have found themselves on opposing sides of the debate over Fox News host Tucker Carlson’s downplaying of the January 6 Capitol riots—underscoring the divide...
Tax breaks for security tokens in Thailand
While there are doubts in many countries about cryptocurrencies being considered securities, and actual security tokens, Thailand, by contrast, seems to be going against the grain. In fact, as Reuters...
Mixed Signals for Crypto in Thailand Despite Tax Breaks
On Feb. 7, Reuters reported that the Thai Finance Ministry will waive corporate income tax and value-added tax for firms that conduct initial coin offerings (ICOs) for investment. According to governm...
Powell Testimony: DXY breaks 105, BTC down to 22k as support, new peak rate of 5.60% in futures market
Quick Take Powell spoke before the senate on March 7 Powell: New data suggests “the ultimate level of rates is likely to be higher than previously anticipated.” “If the totality of the data were...
Thailand to offer tax breaks for investment token issuers
The government of Thailand is moving to benefit from the digital asset industry growth by allowing tax-free issuance of digital tokens for investment. Thailand’s cabinet has agreed to waive corp...
Thailand Offers Tax Breaks for Investment Token Issuers
The Thai cabinet has agreed to offer tax breaks for corporate income and value-added tax for companies issuing digital investment tokens. Reuters reports that Thailand’s cabinet on Tuesday agreed to w...
ETH breaks above $1,557 support level after a bullish crossover – Cryptopolitan
The recent Ethereum price analysis shows a positive outlook for ETH investors as the price has broken above the $1,557 support level. This bullish crossover was accompanied by a surge in volume which ...
Lido DAO Breaks Daily Inflow Record; How ETH Stakers Affected?
Lido DAO Token News: The euphoria around the upcoming Ethereum Shanghai upgrade just got more intense with the huge staking lot by Tron founder Justin Sun. While the staking limit appears to be exhaus...
One analyst breaks down the best and worst case scenarios
Roku’s (ROKU) stock is what you might call a mixed bag. It has climbed by nearly 65% year-to-date but is down about 52% over the last twelve months. So, what should you make of it? Needham analy...
Bitcoin holds just under $24k – DXY breaks 105 for the second time this year as PCE comes in hotter than expected
Quick Take Feb. 24 saw an influx of macro data, which includes the PCE index, personal income, and consumer spending. PCE data came in hotter than expected. Headline y/y 5.4% vs. 5% Core y/y 4.7% vs. ...
Crypto Analyst Argues Why Bitcoin and Ethereum Are Top Assets, Breaks Down Popular ETH-Based Altcoin
A widely followed crypto analyst is calling Bitcoin (BTC) and Ethereum (ETH) the assets to have for a substantial return on investment (ROI) in the coming years. Michaël van de Poppe tells his 649,300...
Ethereum (ETH) Could Reach $2,000 if Price Breaks Out
The Ethereum (ETH) price is trading at a crucial diagonal and horizontal resistance level. A breakout above it could trigger a sharp increase. ETH is the native token of the Ethereum blockchain, creat...
MATIC Price Breaks Out of 3-Month Bullish Pattern Hints 40% rally Ahead
Published 10 hours ago Amid the ongoing sell-off in the crypto market, the MATIC price turned down from $1.53-$1.5 resistance and witnessed a minor correction phase. The coin price has been falling fo...
Home Depot Sinks Stock Market; S&P 500 Breaks Support
Stock market indexes tested February lows in the first half of Tuesday’s session after profit warnings from Dow Jones retailers Walmart (WMT) and Home Depot (HD). Superpower machismo on Ukraine ...
Shanghai Breaks Out As “Competition Fears” & Strong Dollar Sink JD.com
China Last Night KraneShares Key News Asian equities were mixed overnight with Hong Kong underperforming on weakness in internet stocks. Worth pointing out that the Hang Seng and Hang Seng Tech gained...