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crypto – Page 12 – BitcoTasks BLOG
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Litecoin Looks Poised To Explode As Grayscale Buys 10,000 LTC

Litecoin

Litecoin (LTC) is set to enjoy a significant price increase due to massive buying pressure from institutional investors like Grayscale. A recent analysis by crypto analyst 28 Crypto also showed that Litecoin is poised to enjoy significant price gains.  Grayscale Adds 10,000 LTC To Its Portfolio In an X (formerly Twitter) post, crypto commentator Bamboo…

Litecoin Looks Poised To Explode As Grayscale Buys 10,000 LTC Read More »

Aptos (APT) Dips 15% As New Innovations Fail To Spark Momentum

Cryptocurrency Market News

Although the market is attempting to rebound from its weak September start, some altcoins – including Aptos (APT) – continue to freefall despite the bulls’ attempts to make a return. According to CoinGecko, APT’s current performance is lackluster with the token falling 15% since last week.  Meanwhile, Korea Blockchain Week has generated quite a lot…

Aptos (APT) Dips 15% As New Innovations Fail To Spark Momentum Read More »

DOJ Penalizes Robinhood $3.9 Million For Past Crypto Withdrawal Restrictions

Breaking News Ticker

Crypto trading platform Robinhood has reached a $3.9 million settlement with the California Department of Justice (DOJ), following an investigation into its alleged failure to allow customers to withdraw their cryptocurrency from 2018 to 2022.  The investigation was prompted by numerous consumer complaints regarding Robinhood’s practices, particularly its handling of cryptocurrency withdrawals and trading.  Alleged…

DOJ Penalizes Robinhood $3.9 Million For Past Crypto Withdrawal Restrictions Read More »

XRP Rides High As Major Japanese Exchange Adds Support—Details

Cryptocurrency Market News

Japanese cryptocurrency exchange CoinCheck made headlines with the intention of listing XRP, which is the seventh-biggest digital currency, alongside five other cryptocurrencies. Made on X, this announcement signals a turning point for XRP particularly in light of Ripple’s most recent court triumph over the US Securities and Exchange Commission. Ranked 48th on CoinMarketCap, the exchange…

XRP Rides High As Major Japanese Exchange Adds Support—Details Read More »

Analysts Predict The Start Of Crypto’s First Ever Secular Bear Market

Cryptocurrency Market News

A new narrative is emerging among seasoned crypto analysts who are now forecasting the advent of the industry’s first ever secular bear market. This prediction suggests a sweeping transformation could be imminent, characterized by a prolonged downturn lasting potentially for years, diverging from the relatively short-term cycles typically associated with the crypto market. Crypto’s First…

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Crypto Analyst Says The Bitcoin ‘Summer Chop’ Is Nearing Its End, Here’s Why

Bitcoin

Summers have historically been very bearish for the Bitcoin price, and the year 2024 has been no different. Since summer began in June, the price of Bitcoin has been very weak, with multiple flash crashes rocking the pioneer cryptocurrency at various points. So far, the Bitcoin price has gone from over $70,000 to below $50,000…

Crypto Analyst Says The Bitcoin ‘Summer Chop’ Is Nearing Its End, Here’s Why Read More »

Ethereum’s Plunge Could Be Over: This Key Pattern Signals A Rally Back To $4,000

Ethereum

Much like Bitcoin, Ethereum has faced significant challenges in recent months, struggling to sustain any major price rally. After reaching a peak of over $4,000 in March, Ethereum has been consistently declining, failing to break out of this bearish trend. So far, the second-largest cryptocurrency by market cap has seen its price drop by over…

Ethereum’s Plunge Could Be Over: This Key Pattern Signals A Rally Back To $4,000 Read More »

Crypto Market Stuck In A Rut? Here’s Why 2024 Bitcoin Breakout May Be Delayed

Bitcoin News

The crypto market has been struggling with prolonged sideways movement in recent months. Since March 2024, the market has failed to make a successful breakout above previous peaks, leaving investors frustrated. According to a recent significant rebound. While there are some short-term factors that may provide relief, the overall sentiment in the crypto space remains…

Crypto Market Stuck In A Rut? Here’s Why 2024 Bitcoin Breakout May Be Delayed Read More »

Monero (XMR) Unfazed By Market Jitters, Climbs 13% – Details

Cryptocurrency Market News

A strong outlier in the current market situation, Monero (XMR) moves against the broader downturn that plagues the market. According to CoinGecko, Monero gained nearly 13% since last week, putting the coin under the spotlight as one of the strongest gainers within the bear market.  Monero’s simplicity lends itself to its focus on privacy and…

Monero (XMR) Unfazed By Market Jitters, Climbs 13% – Details Read More »

Senator Lummis Claims Bitcoin Could Cut National Debt In Half By 2045

Bitcoin News

As Bitcoin gains traction within the Republican Party, notably championed by former President Donald Trump, lawmakers are increasingly positioning the cryptocurrency as a cornerstone for US economic growth.  US Senator Cynthia Lummis is at the forefront of this movement, advocating for the Bitcoin Act, which aims to establish a strategic Bitcoin reserve for the United…

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