Why didn’t Bitcoin budge after the Fed news

Dogecoin (DOGE) has experienced a massive spike in whale activity, with large-scale investors purchasing huge amounts of tokens in the past 24 hours. This surge in buying activity comes as the Dogecoin price gears up for a potential rally, offering a discount for whales who may believe the meme coin is currently undervalued.  Dogecoin Whale…

Bermuda, Bermuda, May 27th, 2024, Chainwire HashKey Global announced the launch of LaunchPool and initiated the first project Polyhedra Network（ZK) pledge to earn campaign, aiming to create a new trading and participation model, enhance user engagement and loyalty, and provide a platform for promotion and development for emerging projects. HashKey Global’s Launchpool platform offers users…

Key Takeaways BitMine acquired $70 million worth of Ether (ETH) for its corporate treasury. The purchase is part of BitMine’s strategy to accumulate Ethereum, especially during market dips. Share this article BitMine, an Ethereum-focused digital asset treasury firm, acquired approximately $70 million worth of Ether for its corporate treasury today, according to on-chain data. The…

Bitcoin and the U.S. dollar have a long-standing inverse correlation, notably when observing the Dollar Strength Index (DXY). When the dollar weakens, Bitcoin often gains strength, and this dynamic might now be setting the stage for restarting the BTC bull cycle. DXY The Dollar Strength Index (DXY) measures the value of the U.S. dollar against…

Bitcoin Faces $97K-$99.5K Resistance: Key Level for Trend Reversal Bitcoin (BTC) is approaching a significant resistance zone between $97,000 and $99,500, as identified by crypto analyst Ali Martinez. Using data from IntoTheBlock, Martinez noted that approximately 1.26 million BTC addresses purchased within this range. This zone could play a pivotal role in Bitcoin’s potential to…