Author: coinadrenaline
Ethereum’s recent price decline suggests a potential rebound, with technical indicators hinting at oversold conditions. Ethereum’s (ETH) price has dropped to levels that usually signal it might be ready for a rebound, blockchain firm Matrixport says. In a Feb. 11 research note, the analysts pointed out that the Relative Strength Index is now showing signs of oversold conditions, which often point to a potential price recovery. Despite the positive technical signals, the mood around Ethereum remains cautious, to say the least. Short interest in Ethereum has surged by 500% since November 2024. On top of that, just in the past…
A technical analysis indicator suggests the decentralized finance (DeFi) altcoin Maker (MKR) could be poised for a correction, according to a popular crypto analyst. Trader Ali Martinez tells his 128,100 followers on the social media platform X that MKR’s Tom DeMark (TD) sequential indicator flashed a bearish signal on its 12-hour chart. Traders use the TD Sequential Indicator to predict potential trend reversals for tokens based on the closing prices of their 13 previous bars or candles. “Maker MKR could be gearing up for a pullback, as the TD Sequential indicator flashes a sell signal on the 12-hour chart!” Source:…
Robert Kiyosaki warns of an impending economic crash, predicting bitcoin will recover faster than any asset. He urges investors to abandon fiat currency and embrace BTC, gold, and silver. Robert Kiyosaki on the Coming Crash—Says Bitcoin Will Rise Stronger Than Ever Robert Kiyosaki, author of Rich Dad Poor Dad, expressed renewed concerns about a major […]
The SEC’s crypto enforcement program is unraveling, with legal retreats and restructuring. A former SEC official predicts the Ripple appeal is next to be abandoned. SEC’s Ripple Fight Nears Collapse, Former SEC Official Signals the End The U.S. Securities and Exchange Commission (SEC) appears to be unraveling its crypto-enforcement program, with multiple legal retreats and […]
Este artículo también está disponible en español. Bitcoin’s price rally may be under threat as it continues to trade under $100,000. According to analysts at JPMorgan, there’s been a notable decline in institutional interest in the crypto industry, particularly through Bitcoin and Ethereum futures contracts. Institutional Demand Declines, Futures Market Signals Weakness Institutional investors have been a major primer for Bitcoin’s price rallies in the past year and they have been influential in Bitcoin’s break above the $100,000 mark. However, since breaking above this level, the Bitcoin price has failed to push further, which is a sign of a slowdown…
Why we come together Every two years, the Ethereum community comes together at Devcon to collaborate and build toward a more holistic, trustworthy, democratic, and decentralized future. Devcon isn’t about hype or speculation; it’s about creating a more free and open society where technology enhances human potential and aligns with our core values. For four days, developers, community leaders, and changemakers step out of their silos and gather in one place to share knowledge, align on Ethereum’s future direction, and learn from each other. After Devcon, we scatter back into our decentralized lives, but the momentum we create energizes us…
Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing insights on the latest trends in the world of cryptocurrencies. Opeyemi savors his attraction to the crypto market, which explains why he spends the better parts of his day looking through different price charts. “Looking” is a rather simple way to describe analyzing and interpreting…
The witness discount refers to the reduction in data “weight” given to the witness portion of a Bitcoin transaction — the part that contains the signatures used to prove ownership. Implemented as part of the 2017 segregated witness (SegWit) upgrade, this discount effectively lowered the fees for SegWit transactions by making the witness data count for less when calculating the total size of a transaction. In simpler terms, the witness data gets a 75% discount, meaning that it only counts as one-quarter of its actual size when determining how much space it takes up in a Bitcoin block. This allows…
Traders who own Ethereum in their FTX holdings stand to gain back $2,500 as FTX repayments for its Bahamas creditors start this month. The FTX repayment plan, scheduled to start on Feb. 18, will repay creditors’ claims in full, including interests, through BitGo. However, customers will not be able to gain additional profit from current market prices for their FTX holdings, as the repayment plan will refund crypto holdings in accordance with November 2022 prices. This means that traders who held Bitcoin (BTC) in the now-fallen crypto exchange will only receive repayment capped at $20,000 per Bitcoin for 98% of…
Shiba Inu enjoyed a bearish structure on the daily timeframe Lack of buying pressure and the build-up of liquidation levels meant memecoin could stay within the range this week Shiba Inu [SHIB] appeared to make a bullish structure break on the 4-hour chart ten days ago. However, this break has faltered since, and the price has retested its local lows twice. In its place, a lower timeframe range formation has materialized, mirroring Bitcoin’s [BTC] lack of direction on the charts. Shiba Inu set to consolidate within range Source: SHIB/USDT on TradingView The 1-day chart revealed that the swing structure was…