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Bitcoin Technical Analysis: BTC Bulls Show Strength After Recent Consolidation Period

February 20, 2024

Bitcoin’s price has seen a period of consolidation after its recent high of around $52,884, according to price data from Feb. 19, 2024. Technical indicators suggest the leading crypto asset remains in an uptrend and may be poised for a further move higher after this sideways trading range. Shorter timeframe charts point to strengthening bullish sentiment that could propel bitcoin out of its…

Worldcoin's WLD Token Skyrockets 142%, Leading Crypto Market's Week of Surges

February 20, 2024

This week, WLD token from the Worldcoin project soared by 142.7% against the U.S. dollar, topping the chart as the week’s most significant gainer. Hot on its heels was the digital currency bitget token (BGB), which saw an increase of just over 58% in the past week.

Fed Governor Discusses Crypto's Impact on US Dollar Dominance — Says Banks Should Avoid Bitcoin ETFs as Primary Asset

February 20, 2024

A Federal Reserve governor has addressed crypto’s impact on the U.S. dollar’s dominance. Additionally, he expressed reservations about the need for a U.S. central bank digital currency (CBDC) and stated his opposition to banks holding bitcoin exchange-traded funds (ETFs)…

Robert Kiyosaki Predicts US Collapse, Peter Schiff Warns of BTC Massacre, Grayscale Study on BTC Halving, and More

February 19, 2024

Robert Kiyosaki predicted the downfall of the American empire, likening its fate to that of the Roman Empire, and advised investing in bitcoin, gold, and silver as a safeguard. Conversely, economist Peter Schiff described the recent bitcoin price surge as a “pump-and-dump” scheme. A Grayscale study on the upcoming Bitcoin halving in 2024 highlights a fundamentally different market evolution…

NFT Market Sales Dip 12% This Week While Highlight Collections Record Notable Rises

February 19, 2024

In the last week, the market for non-fungible tokens (NFTs) has seen a decline, with sales falling 12.67% compared to the previous week, totaling $255.22 million. Ethereum took the lead in NFT sales, raking in $133 million, while Solana followed with sales over $46 million…

Cryptographic Clarity: Unmasking Satoshi Nakamoto Demands Ironclad Evidence Amid a Sea of Claims

February 19, 2024

In the past seven years, the crypto world has witnessed various individuals claiming to be the true Satoshi Nakamoto, the mastermind behind the Bitcoin white paper and the initiator of the first blockchain. Yet, despite their efforts, none have managed to convince the…

Bitcoin Technical Analysis: BTC's Bullish Momentum Signals Strong Market Confidence on Valentine's Day

February 16, 2024

Bitcoin’s price trajectory on Feb. 14, 2024, showcases a robust bullish trend, with the cryptocurrency reaching a 24-hour high of $51,814. Amidst a consolidating market, the digital asset has seen significant growth, marking a 3% increase today, and 21% over the past month. Bitcoin Bitcoin (BTC) has demonstrated remarkable resilience and growth, with its price stabilizing around $51,585 after…

Crypto Fear and Greed Index Touches 'Extreme Greed' as Bitcoin Soars, Echoing 2021's Highs

February 16, 2024

Bitcoin’s ascent beyond the $51,000 mark has propelled the Crypto Fear and Greed Index (CFGI) into the “greed” territory, registering a notable 74 out of 100. Just a day earlier, the CFGI soared to an impressive peak of 79, denoting “extreme greed” and marking its…

South Korea to Expel Crypto Exchanges Failing to Meet Its Stringent Conditions

February 16, 2024

Cryptocurrency exchanges that fail to meet South Korea’s stringent operating standards will be expelled from the crypto market, the country’s financial intelligence agency has said. The Financial Intelligence Unit said its annual work plan incorporates the insights of…

Stablecoin Sector Swells by $1.7 Billion in February; USDC and FDUSD Lead Supply Growth

February 15, 2024

Statistics reveal that since the onset of February 2024, the stablecoin sector has experienced a significant expansion, with an increase of $1.7 billion in its economy. In the last 30 days, both usd coin and first digital usd witnessed their supplies jump by 9.6% and 40.3%, respectively. The Dual-Edged Sword of Stablecoin Growth As the overall value of the cryptocurrency market has grown, so too…