Auto Added by WPeMatico

Bitcoin Slips Below April ATH: Altcoins Deep in Red (Market Watch)

After yesterday’s enhanced volatility, bitcoin remained calm around $65,000 but has headed south once more. Most altcoins have also bled out, with massive losses coming from Solana, Cardano, Ripple, Polkadot,…

Continue ReadingBitcoin Slips Below April ATH: Altcoins Deep in Red (Market Watch)

Shiba Inu Price Analysis: SHIB Explodes 20% on Breakout but Bulls Meet Resistance

Key Support level: $0.000050; $0.000044 Key Resistance level: $0.000055; $0.000063 SHIB bulls managed to push the price all the way to the resistance at $0.000055 after breaking away from the…

Continue ReadingShiba Inu Price Analysis: SHIB Explodes 20% on Breakout but Bulls Meet Resistance

Stock to Flow Model Still Predicts $135K Year-End Bitcoin Price

The popular stock-to-flow model, created by the pseudonymous “PlanB,” has been pretty accurate in predicting Bitcoin prices so far. The brainchild behind the model has stated that the mid-cycle average…

Continue ReadingStock to Flow Model Still Predicts $135K Year-End Bitcoin Price

Muslims Cannot Trade Bitcoin in Indonesia as Religious Council Declares Crypto is Haram (Report)

The National Ulema Council (MUI) has reportedly announced a ban on the use of crypto, citing Shariya law. Even as the Indonesian government has acknowledged crypto as a commodity, it…

Continue ReadingMuslims Cannot Trade Bitcoin in Indonesia as Religious Council Declares Crypto is Haram (Report)

Tether’s Blockchain Expansion Continues as USDT Goes Live on Avalanche

Months after indicating plans to expand the USDT stablecoin support to Avalanche blockchain, popular stablecoin issuer Tether has finally launched its dollar-pegged cryptocurrency on the eco-friendly network. USDT Now Available…

Continue ReadingTether’s Blockchain Expansion Continues as USDT Goes Live on Avalanche

Bitcoin’s Pullback: Bullish Backtest or a Reason to Worry? (BTC Price Analysis)

Bitcoin’s price went through a near-term pullback that was largely driven by leverage long liquidations. It sent the open interest down $1.5 billion. There are no signs of aggressive distribution…

Continue ReadingBitcoin’s Pullback: Bullish Backtest or a Reason to Worry? (BTC Price Analysis)