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News – Page 263 – BitcoTasks BLOG
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Analyst Narrows Down Timeline For Bitcoin Peak This Bull Cycle

Bitcoin

Rekt Capital a popular cryptocurrency expert has Bitcoin Halving event. Bitcoin Peak On The Horizon Today, May 9, BTC’s price witnessed a drop below the $61,000 price level, demonstrating a potential move on the downside. However, Rekt Capital is unshaken by this move as he believes the more Bitcoin consolidates between current price levels and…

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Wells Notice Wallop: Robinhood Bleeds 164 Million Dogecoin In Mass Exodus

Cryptocurrency Market News

The Shiba Inu’s reign as king of memecoins may be facing a ruff patch. Dogecoin (DOGE) prices dipped this week after news broke of the US Securities and Exchange Commission (SEC) issuing a Wells Notice to Robinhood, a popular crypto exchange. The notice, a precursor to potential enforcement action, alleges Robinhood violated multiple securities laws.…

Wells Notice Wallop: Robinhood Bleeds 164 Million Dogecoin In Mass Exodus Read More »

What Triggered The 6,350% Spike In XRP Long Liquidations Compared To Shorts?

Xrp

The bulls have continued to take a beating in the market, and XRP bulls, in particular, were recently in the spotlight as $1.27 million was liquidated from their long positions. This 6,350% spike in long liquidations is likely due to XRP’s recent price action, highlighting the general sentiment in its ecosystem.  $1.27 Million In Longs…

What Triggered The 6,350% Spike In XRP Long Liquidations Compared To Shorts? Read More »

EU Watchdog Considers Crypto Integration Into $12.88 Trillion Investment Market

Cryptocurrency Market News

Europe’s securities regulator is seeking input from stakeholders on the potential inclusion of crypto assets in a potentially massive market. The European Securities and Markets Authority (ESMA), the regulatory authority responsible for overseeing financial markets within the European Union, has recently initiated a comprehensive review of the regulations surrounding the Undertakings for Collective Investment in…

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Bitcoin Whales Lose Interest, Is This A Precursor For A Crash To $50,000?

Bitcoin

Movement and accumulation from crypto whales are two of the catalysts for Bitcoin price increases. Although major whales are still buying the dip, on-chain data indicates a general waning accumulation momentum which suggests their conviction might actually be waning.  According to IntoTheBlock, an on-chain analytics firm, Bitcoin whale accumulation volumes have declined substantially in each…

Bitcoin Whales Lose Interest, Is This A Precursor For A Crash To $50,000? Read More »

Binance Megadrop vs. Traditional Airdrops: What’s the Difference?

Cryptocurrency Market News

In the world of cryptocurrencies, the allure of obtaining digital assets at no cost is a powerful draw. Airdrops, a concept as intriguing as it sounds, serve as one of the primary methods through which crypto projects distribute their tokens freely to a broad audience. These events not only enrich individual portfolios but also enhance…

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MicroStrategy’s Saylor Bashes Ethereum (ETH), Cardano (ADA) and Ripple (XRP); Traders See Rollblock (RBLK) as a Safe Bet

All

The CEO of MicroStrategy, Michael Saylor, recently critiqued Ethereum (ETH), Cardano (ADA) and Ripple (XRP) as he labeled them securities. This brought about a lot of talk among traders as they now look at safer options like Rollblock (RBLK). Analysts hint that this Stage 1 presale star could be the next $0.5 token in 2024…

MicroStrategy’s Saylor Bashes Ethereum (ETH), Cardano (ADA) and Ripple (XRP); Traders See Rollblock (RBLK) as a Safe Bet Read More »

Bitwise Heralds Coinbase (COIN) As The ‘Next Amazon’: Price Targets

Cryptocurrency Market News

In a recently published report by Bitwise, the leading crypto index fund manager, a striking comparison has been drawn between Coinbase and Amazon, highlighting a significant yet under-reported aspect of Coinbase’s business — the Base Layer 2 network. Titled “It’s All About That Base (and Other Thoughts on Coinbase),” the report authored by Matt Hougan…

Bitwise Heralds Coinbase (COIN) As The ‘Next Amazon’: Price Targets Read More »

$20 On The Horizon For XRP? Unpacking A Potential 650x Surge And What It Means

Cryptocurrency Market News

Ripples of uncertainty continue to surround XRP, the cryptocurrency created by Ripple Labs. Once a high-flyer, XRP has seen its price plummet amidst a protracted legal battle with the US Securities and Exchange Commission (SEC). But even as dark clouds loom, some analysts see a silver lining, predicting a future surge for the digital asset.…

$20 On The Horizon For XRP? Unpacking A Potential 650x Surge And What It Means Read More »

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