Bitcoin price rallies to $32.3K, but three factors could limit its recovery

In an unexpected u-turn, Tesla CEO and billionaire Elon Musk looks set to complete his $44 billion acquisition of Twitter, alleged spam bots, fake accounts and all. According to the notice filed by Musk’s lawyers with the Delaware Chancery Court on Monday, which was overseeing the trial, Musk is ready to “proceed to closing of the…

Bitcoin’s (BTC) failure to rise above the critical $40,000 to $42,000 resistance zone is keeping crypto traders on tenterhooks. Some analysts view the sharp rebound from $31,000 level as a sign of accumulation at lower levels while others believe the failure to cross above the overhead resistance indicates that Bitcoin is still not out of…

CoolBitX Founder Michael Ou believes regulators in Asia are leading the way when it comes to compliance with the Financial Action Task Force (FATF) travel rule, which is due to be implemented in June.The startup has developed a solution to the travel rule, called Sygna Bridge, which allows exchanges to communicate the identities of the…

Cryptocurrency platform Freeway has halted transactions and services related to their “Supercharger” high-yield product until further notice. Crypto platform Freeway has halted some of its services, citing "unprecedented volatility" in the foreign exchange and cryptocurrency markets in “recent times.”In an Oct. 23 post, the platform announced they are halting buys, deposits and will "not be…

Bitcoin may be down 10% year-to-date, but that doesn't dent its status as a growing macro hedge, says Glassnode research. Is $155,000 BTC in the cards? 652 Total views 2 Total shares Bitcoin (BTC) has a new gold-inspired $155,000 target, as analysis describes both assets as “remarkably impressive.” In a post on X on April

Panelists at an Australia Blockchain Week discussion talked about the favorable way the NFT industry has grown through close interactions between artists and fans. 487 Total views 21 Total shares The nonfungible token art industry has developed into a “beautiful cycle” thanks to the connection artists have with their fans according to artist Danielle Weber…

Tether has not issued a statement giving a specific reason for blacklisting three addresses, but it has done so before to comply with law enforcement and aid exchanges after cyber attacks. 1587 Total views 30 Total shares Tether has added three more Ethereum addresses, holding more $150 million worth of the USDT stablecoin between them,…

One of the simplest strategies for trading cryptocurrencies involves the application of moving averages (MA). The basic premise is that if the price of an asset is above its moving average for a certain number of days, this is considered a buy signal. Once it falls below its moving average, the asset is sold, and…

The blockchain-based game developer is currently working on an open-world multiplayer game with playable NFTs. 1159 Total views 2 Total shares Los Angeles-based NFT games developer Mythical Games announced a $75 million Series B financing with new and existing investors. The company plans to use the fund to popularize ownership in games through playable nonfungible…