Author: Digicoinvision
Bitcoin’s price holds steady at $118,000 as it continues to consolidate below key resistance levels. The asset commands a market capitalization of $2.34 trillion with strong 24-hour trading volume of around $24.52 billion and an intraday range of $117,502 to $118,483, indicating subdued volatility near a psychological inflection point. Bitcoin On the 1-hour chart, bitcoin […]
Bitcoin reached a new all-time high of $122,838 on July 14, but has since slipped into a phase of consolidation around the $118,000 level. The recent pause in upward momentum hasn’t dampened market sentiment, which remains firmly bullish. According to Coinmarketcap’s Fear & Greed Index, Bitcoin is still currently sitting at a greed level of 68. This sentiment, combined with technical analysis of the Logarithmic Growth Curve (LGC), shows that Bitcoin is still on track for powerful upward moves. Related Reading Greed Returns To The Market, But Not Yet Overheated Bitcoin’s price action has spent the majority of the past…
The Run A Node Grants Round wanted to reach different users exploring blockchain, learning, community efforts, and research purposes. The aim of this round was to encourage the exploration of a diverse range of ideas for operating nodes beyond running a validator, such as facilitating data queries for research, examining node performance under severe conditions, or enhancing node UX. Applicants had the option to select a Dappnode or provide specs to receive a stipend for a custom build.We received a total of 243 applications. Out of all the applications we evaluated, we selected 35 recipients from 23 different countries to…
A crypto analyst known for his charts says that altcoins are flashing a very bullish signal that’s been five years in the making. In a post on the social media platform X, pseudonymous analyst TechDev shares with his 535,000 followers a TOTAL3 chart, which measures the entire market cap of crypto assets excluding Bitcoin (BTC), Ethereum (ETH) and stablecoins. Using three-month candles, TechDev’s analysis suggests that TOTAL3 is currently breaking out of a massive ascending triangle that started forming in late 2020. “Macro altcoin expansion has triggered. Not seen since late 2020. But this one comes after a 4-year coil…the…
Charles Schwab is preparing to expand its crypto offerings by launching spot trading for Bitcoin and Ethereum, according to CEO Rick Wurster.In an interview with CNBC on Friday, Wurster said Schwab clients already hold significant exposure to crypto via exchange-traded products (ETPs), owning more than 20% of the industry’s crypto ETP market. However, he noted that crypto still represents a relatively small portion of clients’ total wealth, around $25 billion out of $10.8 trillion.“We anticipate launching Bitcoin (BTC) and Ether (ETH) sometime soon so that our clients have access to that,” he said. “We think that will be an acceleration of our growth.”The…
The proclaimed Crypto Week has concluded with significant regulatory progress, including the passage of the much-anticipated GENIUS Act. However, industry experts claim the regulatory clarity is just the foundation for what lies ahead.“Clarity is just a starting point, not an endpoint,” Leo Fan, co-founder of Cysic, told Cointelegraph. He pointed to the need for scalable blockchains, instant verification systems, and trusted custody for further integration.Fan acknowledged that Crypto Week delivered “legal clarity,” with the GENIUS Act formally recognizing that not all crypto assets are securities. He called this a “foundational shift” that provides a “green light for developers, investors, and…
The proclaimed Crypto Week has concluded with significant regulatory progress, including the passage of the much-anticipated GENIUS Act. However, industry experts claim the regulatory clarity is just the foundation for what lies ahead.“Clarity is just a starting point, not an endpoint,” Leo Fan, co-founder of Cysic, told Cointelegraph. He pointed to the need for scalable blockchains, instant verification systems, and trusted custody for further integration.Fan acknowledged that Crypto Week delivered “legal clarity,” with the GENIUS Act formally recognizing that not all crypto assets are securities. He called this a “foundational shift” that provides a “green light for developers, investors, and…
Key Takeaways Conflux consolidated for more than four months and surged for more than 40% in a day after breakout. As more metrics show bullish conditions, is this the start of CFX’s rally? As the weekend comes to an end following an engaging “Crypto Week,” very few altcoins achieved more than 10% gains in a day. This was potentially cause of the rise in the current week. On that note, Conflux [CFX] and Tezos [XTZ] were among the top performers in the last 24 hours, with the two rising approximately 40% in 24 hours as of press time. What’s next…
Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active crypto writing, Semilore has covered multiple aspects of the digital…
Reports indicate that both Brazil and the U.S. are exploring ways to retaliate, escalating the trade feud initiated by President Trump when he imposed a 50% tariff on Brazilian imports. The political status of former President Jair Bolsonaro is also a factor influencing the situation. Brazil-U.S. Trade Conflict Set to Escalate: Economic Sanctions May Result […]