Crypto News Center

Is Cardano (ADA) in Danger of Being Overvalued? Key Indicators Raise Concerns

According to historical data, Cardano (ADA) may be approaching overvalued territory. This comes after an impressive 180% price increase over the last 30 days. For some investors, the timing might seem premature, especially with the much-anticipated altcoin season just beginning. However, on-chain indicators suggest that ADA might face a correction before establishing new highs. Cardano Metrics Flash Bearish Signs One key metric suggesting that Cardano could soon be overvalued is...

Iran Signals Shift in Crypto Regulation Narrative

By Mark Hunter 17 hours agoMon Dec 09 2024 10:33:46 Reading Time: 2 minutes The Iranian government has shifted its stance toward embracing cryptocurrency by introducing more regulations rather than imposing outright bans The Minister of Economic Affairs and Finance, Abdolnaser Hemmati, has highlighted plans to mitigate the negative impacts of cryptocurrency while leveraging its benefits Iran has aimed to use crypto to combat economic challenges by integrating digital assets...

Bitcoin Price Prediction: BTC Dominance Drops, Altcoin Season Begins

Bitcoin is currently trading above the historic and crucial $100k level and is up by more than one percent in the last 24 hours. According to analyst Josh of Crypto World, Bitcoin is forming a new pattern in the short term that we should keep an eye on. Here’s a breakdown of his analysis:  Bitcoin’s Bullish Market Overview The analyst said that Bitcoin is clearly still in a bull market....

Trump won’t sell US BTC if elected, what about seized assets?

Donald Trump intends to make the United States the crypto capital of the planet. The former president promised this and more during a speech at the Bitcoin 2024 conference in Nashville, Tennessee, on July 27. But some of the Republican Party candidate’s comments may have caused consternation among cryptocurrency advocates. While Trump’s speech largely focused on Bitcoin BTC $58,977 and the community surrounding it as a positive force for America,...

Kraken Set to Launch Its Own Blockchain ‘Ink’ in 2025

Being an industry giant for the past 14 years, Kraken, one of the oldest centralized cryptocurrency exchanges, is planning to explore areas of blockchain technology similar to Coinbase and Binance. On October 24, 2024, Kraken published a report announcing that it will launch its own blockchain, “Ink” for both retail and institutional users. In a report, Andrew Koller, the founder of Ink said that Kraken will launch in the first...

FLOKI PRICE ANALYSIS & PREDICTION (July 16) – Floki Is Up 12% But Looks Calm After Facing Small Rejection, What Next?

Following a significant increase in major altcoins lately, Floki is gaining serious traction as new money flows into meme coins. It posted 15% gains earlier today but has retraced slightly due to a rejection. After breaking down from a 15-day consolidation phase to a low of $0.000122 two weeks ago, Floki bounced off quickly and reclaimed the lost $0.00015 zone – it suppressed buying and the volatility dropped. Floki calmly...

XRP Price Targets $1.60 Breakout: Is The Bull Run Back?

XRP price is rising and gaining pace above the $1.480 zone. The price is showing positive signs and might soon aim for a breakout above the $1.60 level. XRP price is eyeing a fresh increase above the $1.5850 resistance zone. The price is now trading above $1.520 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $1.4450 on the hourly...

Bitcoin stocks drive $70B surge: A game-changer for BTC?

contributor Posted: November 22, 2024 Share this article Bitcoin-related stocks and ETFs have shattered records, reaching $70 billion in trading volume. This surge in volume not only boosts Bitcoin’s liquidity but also paves the way for broader crypto market integration with traditional finance. Bitcoin-related stocks and ETFs have achieved a remarkable milestone, with trading volumes crossing $70 billion. This record-breaking activity signals a growing institutional interest and a significant shift...

Brooklyn District Attorney Shuts Down 40 NFT Scam Websites

By Mark Hunter 18 hours agoTue Dec 10 2024 11:49:36 Reading Time: 2 minutes Brooklyn District Attorney Eric Gonzalez has shut down 40 NFT scam websites Some of the websites were impersonating popular NFT marketplaces like OpenSea Scammers targeted artists, with one losing $135,000 Brooklyn District Attorney Eric Gonzalez has stopped scammers in their tracks by shutting down 40 NFT scam websites. The scammers used the sites to target artists,...

GBP/USD consolidates below mid-1.2700s; upside potential seems limited

GBP/USD struggles for a firm intraday direction and oscillates in a range on Monday. Bets for a less dovish Fed act as a tailwind for the USD and cap the upside for the pair. BoE Governor's predicted four rate cuts in 2025 also warrant caution for the GBP bulls. The GBP/USD pair kicks off the new week on a subdued note and oscillates in a narrow trading band, below mid-1.2700s...