Bitcoin Poised for Record Monthly Gains in November as Price Surges by $21,000
Bitcoin has been experiencing heightened volatility after reaching a new all-time high of $126,000 earlier this month. The price has since entered a consolidation phase, hovering near the $120,000 level as traders search for fresh demand. Market sentiment remains divided — some analysts expect Bitcoin to stabilize and prepare for another leg up, while others…
The British Columbia Securities Commission (BCSC) has determined that the cryptocurrency trading platform ezBtc and its founder, David Smillie, defrauded investors of approximately $9.5 million, equivalent to 13 million Canadian dollars, in crypto assets. The BCSC’s investigation uncovered that ezBtc and Smillie engaged in misleading and deceptive practices, misappropriating funds intended for customer accounts. Crypto…
Ethereum price is down today after it dropped below a key support zone, but multiple analysts remain optimistic about Ether’s upside. Ether’s price fell over 5% to $2,380 on May 19, mirroring similar downward moves across the wider cryptocurrency market. Long liquidations accompanied ETH’s price drop. Below $2,400 could be a buy-the-dip opportunity. Read more…
XRP surpasses 1.618 Fibonacci level, analysts eye a potential 6,800% rally to $168 this cycle. Strong uptrend confirmed as XRP trades above 20, 50, 100, and 200-day EMAs, showing bullish momentum. XRP’s price action is attracting attention as analysts reference historical Fibonacci extensions to predict potential long-term targets. Following a breakout from a six-year triangular…
The bill will exempt crypto transactions under US$300 from taxation, with an annual cap of US$5,000 reducing compliance requirements for small-scale users. It will remove double taxation on mining and staking rewards by deferring tax obligations until the assets are sold, with the rewards treated as ordinary income upon disposal. The legislation will clarify that…
For many traders, TON is among the most promising projects out there. Thanks to its high speeds and Telegram integration, it has strong fundamentals. Its ecosystem has also seen significant growth. Despite this, TON has seen significant volatility in recent months. The token is currently down 37.78% from its all-time high in June. Still, fortunes…