Bitcoin’s Short Term Momentum Flips Bearish; Support Under $65K

The 50-day simple moving average marks major support at $64,870.
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The 50-day simple moving average marks major support at $64,870.
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XRP is down nearly 4% in the last 24 hours, with the recent crash coinciding with an enormous whale movement from Ripple. The recent XRP price drop is a product of a broader crash affecting the entire crypto market. Amid the turbulence, market tracking resource Whale Alert recently spotlighted the movement of 200 million XRP…
The AAVE price surged 3% during the Sunday training session, defying the low volatility momentum in the broader crypto market. This high-momentum rally pushed the asset to a peak of $162.5, a level not seen since May 2022. This movement indicates a significant breakout from the two-year accumulation phase, signaling the potential rally to $200….
New York City, June 6, 2024 — As we celebrate the 6th anniversary of the Arweave ecosystem, it’s incredible to witness the exponential growth and impact it has had on decentralized storage. Since its inception, Arweave has enabled permanent storage of vast amounts of data, revolutionizing data storage and security. This milestone highlights the success…
Dogecoin price shows no signs of stopping its six-day down candlestick close streak, which began on July 27. So far, DOGE has lost nearly 16% of its market value and will likely continue this descent. Also read: Genesis Trading Moves $126M In Ethereum, What’s Next For ETH? Dogecoin price performance in August The recent drop…
China has prepared effective countermeasures in case the trade standoff with the United States intensifies under the leadership of new President Donald Trump. During Trump’s first term, Beijing was not prepared for Washington’s tough moves, including the imposition of increased tariffs and tighter controls on Chinese investments. However, over the past eight years, China has…
CASPs must collect all user data but report only on UK and CARF tax residents. Service providers will incur up to £300 penalty per user for non-compliance. UK aligns with over 40 jurisdictions pushing for crypto tax transparency. The UK government has confirmed it will implement new crypto tax data rules under the Organisation for…