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sheelen10
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Trump’s presidency “encourages more robust onchain activity, which benefits altcoins such as Ethereum and Solana significantly,” Steno said.
A UK court famously ruled in March that Wright was not Bitcoin’s pseudonymous creator. He essentially admitted the same on his website in July.
The ruling was part of a case brought forward by the Crypto Open Patent Alliance, which filed suit against Wright for breaching a July court order that prevented him from filing lawsuits on the basis that he was Nakamoto.
The bulls are trying to push the price back above the 20-day EMA but are likely to encounter stiff resistance from the bears. If the price turns down from the 20-day EMA, the bears will again try to sink the SHIB/USDT pair below the 50-day SMA. If that happens, the pair could decline to $0.000020.
Contrarily, a break and close above the 20-day EMA will indicate demand at lower levels. The TON/USDT pair could rise to $7.20, where the bears are expected to enter.
“Recent strength on $ETH is nice to see but we are now approaching the first ‘trouble area’ on the ETH/BTC pairing,” part of a corresponding X post said.
Trader Credible Crypto considered the odds of a sub-$3,000 dip on ETH/USD firs
“Ethereum has revisited the ~$3700 resistance of its main market structure (light blue),” he wrote alongside an illustrative chart.
Earlier, Cointelegraph reported on manipulatory moves by large-volume traders impacting short-term BTC price performance.
“High leverage may trigger potential liquidations in the short term,” IT Tech, a contributor at onchain analytics platform CryptoQuant, told X followers while responding to the data.
The latest data from monitoring resource CoinGlass confirmed that the bulk of ask liquidity was laddered above $97,000 at the time of writing.
Fellow market participant The Kingfisher, known for covering liquidation levels on exchange order books, noted liquidity above and below the spot price being hunted on the day.
“Fantastic retest of $91,000 as support,” trader and analyst Rekt Capital said, striking a positive tone on the latest market moves on X.
BTC/USD refused to cave to selling pressure, leaving $90,000 unviolated and instead respecting a new support level forming over the past two weeks.
As reported by Cointelegraph, the most logical scenario for BTC is to retest the $100,000 resistance level. But first, a daily candle close above the overhead resistance at $96,400 is needed.
“Tokenization is likely to play a significant role, enabling collective ownership and growth while avoiding centralized control,” Casey added.
Meanwhile, DAIS aims to pilot a new AI regulatory model in Bermuda “to define principles that can accommodate decentralized organizations,” Casey said.
Bitcoin has often been referred to as the “digital gold,” as it has proven to be a unique asset class and, more importntly, a reliable store of value over the years. While gold surely outpaces BTC in age, both assets are commonly used by investors as a hedge against economic instability and inflation.
There should be a news organization which for ech story makes and discloses a corresponding bet on a prediction market.
It is the election season in the United States, and Bitcoin and the broad cryptocurrency industry have never been more involved in the political landscape. From the openly friendly stance of former President Donald Trump to the relatively reserved position of Vice President Kamala Harris, there has been quite some drama in the interplay between the crypto market and United States politics.
Shiba Inu whales have been noticed recently making a lot of moves despite the high volatility of the meme coin right now. Most importantly, these large whales more than doubled their volume in 24 hours, which could have serious implications for the SHIB price. As the Shiba Inu price is falling, the rise in the whale activity could suggest that these large holders are the ones spearheading the sell-offs.