Author: coinadrenaline
March 2 witnessed an 10.6% leap in bitcoin’s value relative to the dollar, propelled by a social media declaration from former U.S. President Donald Trump about a proposed digital asset reserve and a subsequent nod to the cryptocurrency. At publication, BTC traded at $94,443 reaching a high of $95,064. Short Traders Stunned as Trump’s Digital […]
In the ever-volatile world of cryptocurrency, Ethereum has once again proven its mettle, showcasing the resilience that has made it a cornerstone of the blockchain ecosystem. After a period of uncertainty and market turbulence, Ethereum has staged a remarkable recovery, bouncing back from the $2,160 generational demand zone and reigniting bullish sentiment across the market. Technical indicators are beginning to align with this bullish sentiment, further reinforcing the possibility of continued gains. A successful push above more resistance levels could solidify Ethereum’s recovery, attract more buying interest, and potentially set the stage for a larger breakout. However, the battle is…
Bitcoin plunges, panic spreads—former Binance CEO Changpeng Zhao (CZ) says only those who master risk and resilience will thrive in the relentless crypto market. Bitcoin’s Freefall: CZ’s Tough-Love Advice for Investors Who Can’t Handle the Heat Market volatility has once again sparked discussions among crypto investors, with Changpeng Zhao (CZ), the former CEO of crypto […]
Ethereum co-founder Vitalik Buterin has joined calls to free early crypto investor and entrepreneur Roger Ver, who is locked in a legal battle with the United States Department of Justice (DOJ) over alleged tax evasion and faces extradition to the US.Buterin reposted Silk Road founder Ross Ulbricht’s message calling for the prosecution against Ver to end and characterized the case as “absurd” and “politically motivated.” Buterin continued:”The US tax-by-citizenship and associated exit tax regime are extreme. The former is shared by almost no other countries in the world, and the latter is on the high end of what countries do,…
Este artículo también está disponible en español. Ethereum has experienced a massive drop, losing over 27% of its value in less than five days as the market faces extreme fear and uncertainty. The rapid sell-off has fueled speculation that a bear market could be on the horizon, with many analysts calling for further downside in the coming months. Related Reading However, despite the overwhelming bearish sentiment, there is still a chance for Ethereum to recover as the price is now testing a crucial demand level. If bulls manage to hold this area, ETH could stage a strong rebound and shift…
Este artículo también está disponible en español. Amid the crypto market downtrend, crypto analyst Master Ananda has provided a bullish outlook for the Cardano price, predicting it can still reach a new all-time high (ATH) of $8.11. The analyst also raised the possibility of ADA reaching $10. Cardano Price To Reach New ATH Of $8.11 In a TradingView post, Master Ananda predicted that the Cardano price could rally to a new ATH of $8.11 as it records “massive growth” this year. The analyst affirmed that ADA is officially in bull market territory following the completion of the first wave of…
Este artículo también está disponible en español. Solana (SOL) is trading at its lowest price level since September 2024, as the entire crypto market struggles with fear and intense selling pressure. Solana has lost over 55% of its value in less than six weeks, erasing the gains from its post-election rally and raising concerns among investors about a potential prolonged downtrend. Related Reading Panic has taken over the market, and traders are growing fearful that Solana’s correction may continue into lower price levels. Despite multiple attempts to reclaim momentum, bulls have been unable to defend key demand zones, allowing bears…
Bitcoin has plunged below $80,000, marking its lowest point since November 2024, as the broader crypto market experiences a significant downturn.The ongoing sell-off has erased nearly all gains recorded after Donald Trump’s election victory, signaling a period of intense volatility.$1 trillion lossData from CryptoSlate shows that Bitcoin fell by more than 8% in the last 24 hours, briefly touching $78,790 before recovering to $79,200.Over the past week, the leading digital asset has lost 20%, dropping from over $100,000 to current levels.With this performance, Bitcoin price has now returned to levels last seen after Trump’s election victory in November 2024.Meanwhile, the…
Bitcoin’s price could be approaching its bottom this cycle as it lingers below $83,000 and market sentiment remains fearful, according to the founder of a crypto fund. “Some broader macro data still looks poor, but it also wouldn’t surprise me if we put in a near-term floor locally given the significant level of fear and liquidations,” Bitcoin analyst and digital asset fund Capriole Investment founder Charles Edwards told Cointelegraph.Bitcoin sentiment improves slightly despite stagnant priceDespite the Crypto Fear & Greed Index — which measures overall crypto market sentiment — tapping a more than two-year low score of 10 on Feb.…
Today, the Senate Banking Subcommittee on Digital Assets hosted its first hearing, entitled “Exploring Bipartisan Legislative Frameworks for Digital Assets,” at which certain members of the subcommittee and crypto industry witnesses predominantly discussed stablecoin regulation. Senator Cynthia Lummis (R-WY), a long-time proponent of the Bitcoin and digital asset industry, presided over the hearing with assistance from ranking member of the subcommittee, Senator Ruben Gallego (D-AZ). The witnesses included Tim Massad, former CFTC Chair and Research Fellow at the Kennedy School of Government at Harvard University; Jai Massari, Chief Legal Officer at Lightspark; Jonathan Jachym, Global Head of Policy and Government…